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Latest Finance news

Jet Aviation completes acquisition of Hawker Pacific

AviaAM Leasing leases second Airbus A321 aircraft to Air Transat

AviaAM Leasing; a WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing, and sales; has announced the delivery of an Airbus A321-211 to the Canadian carrier Air Transat. The aircraft will supplement an Airbus A321 which was delivered by AviaAM Leasing earlier...

Piper's deliveries and revenue rise in first quarter 2018

Piper Aircraft Inc. announced its aircraft sales and delivery results for the first quarter of 2018, ending March 31. The company continued to grow its new aircraft deliveries and revenue with the company’s flagship product, the turbine powered, M600 leading the company’s performanc...

JetLoan Capital updates on financing transactions

Sam Harris, President of JetLoan Capital based in Stuart, FL announced that the company completed five aircraft financing transactions in March 2018. The transactions are as follows: • Refinancing of a 2002 Citation X with an interest rate of 5.07%, 42-month term, and 144-month amortization for a client who uses the plane in a Part 135 Operation. • Acquisition financing for a 2001 Le...

Boeing HorizonX Invests in 3D Printing Startup Morf3D

Investment furthers Boeing's commitment to a competitive ecosystem for aerospace-quality 3D-printed parts Boeing [NYSE: BA] announced its investment in Morf3D, an El Segundo, Calif.-based company specializing in metal-based additive engineering and manufacturing. Morf3D's technology enables lighter and stronger 3D-printed parts for aerospace applications. Since Morf3D was e...

Boeing HorizonX Invests in Reaction Engines, a UK Hypersonic Propulsion Company

- Hypersonic propulsion technology enables high-speed point-to-point transport - First investment in a UK company by Boeing HorizonX Ventures Boeing announced its investment in Reaction Engines Limited, a leader in advanced propulsion systems based in Oxfordshire, United Kingdom. Reaction Engines' technology will contribute to the next generation of hypersonic flight and s...

Jet Aviation to acquire Hawker Pacific

Jet Aviation and Hawker Pacific today announced that Jet Aviation has entered into a binding agreement to acquire Hawker Pacific, a leading provider of integrated aviation solutions across Asia Pacific and the Middle East, for US$250 million. "The acquisition of Hawker Pacific represents a significant step in expanding our footprint, capability and customer offer across Asia Paci...

How seasonality affects the aircraft leasing market?

Fuelled by growing passenger numbers worldwide, commercial aviation industry is rapidly expanding, presupposing a drastic rise of global airline fleet in the years to come. Notwithstanding the potential, even this growth trend remains subject to inevitable year-on-year fluctuations in the market due to seasonality. Just like airlines constantly open and close new routes depending on se...

NAC has signed an agreement to lease five new E175 and E190 aircraft to JSC Belavia- Belarusian Airlines

Nordic Aviation Capital (NAC) is pleased to announce that it has committed to lease five Embraer, three E195’s and two E175’s, to Belavia-Belarusian Airlines, the largest carrier in the Republic of Belarus. The placement of the five new aircraft are from NAC’s existing Embraer order book. The delivery of the first three aircraft, two E195’s and one Е175, is expected as e...

Boeing, Air Lease Corporation Sign Order for Eight 737 MAX Airplanes

Order from leading airplane lessor reflects strong market demand for new and improved 737 jet Boeing and Air Lease Corporation (ALC) announced they have finalized an order for eight more 737 MAX 8 airplanes, valued at $936.8 million at list prices. Air Lease Corporation (ALC), one of the world's leading airplane lessors, has been a big buyer of the improved 737 airpl...

ACS Aviation growth plans get airborne following one million pound investment

ACS Aviation, Scotland's leading flying school and aircraft maintenance company has set a course to become one of the leading commercial flying schools in Europe following a one million pound investment in aircraft, airside facilities and online presence. Founded in 2007 the company has increased the number of would-be pilots for its wide range of commercial training programmes after...

Qatar Airways wants to buy a 25% stake in Moscow's Vnukovo airport

Qatar Airways has bought a 25 per cent stake in one of Moscow’s largest airports for an undisclosed sum as the company attempts to overcome the Gulf blockade of the emirate. This reported by Financial Times. Akbar Al Baker, chief executive of Qatar Airways, said on Monday that the airline expected the deal on Vnukovo to be concluded within the next eight weeks. The airport, Russi...

Boeing HorizonX Invests in Australia-based Nanosatellite Communications Startup Myriota

First non-U.S. investment by Boeing HorizonX Ventures; 10th investment since its launch in April 2017 Direct-to-orbit connectivity enables IoT accessibility for remote locations Myriota joins Boeing's growing technology ecosystem in Australia Boeing announced its investment in Adelaide, Australia-based Myriota, an Internet of Things (IoT) startup seeking to revolutioniz...

Rolls-Royce breaks ground on new testbed as part of £150m investment in UK aerospace facilities

Rolls-Royce today welcomed Business Secretary, Greg Clark to Derby to celebrate the start of work on its new testbed facility. The plans for the testbed were announced in June 2017 as part of a wider £150m investment in UK aerospace facilities. The new testbed, which is expected to be commissioned in 2020, will support Rolls-Royce’s ongoing industrial transformation and will provide...

New Owner: Great Plans for Diamond Aircraft

End of 2017 Wanfeng Aviation Industry Co., Ltd. acquired Diamond Aircraft Industries GmbH (DAI Austria), Diamond Aircraft Inc. (DAI Canada) and Austro Engine GmbH (AE). The new owner introduces the future group strategy with a focus on continued growth and DAI Austria as global headquarters, where it will continue to develop new technologies and aircraft models, including the DART civil turboprop...

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