The business of fighting fires from the air is global. This is dangerous work, and every season, it seems the industry loses aircrews to crashes. Watch this short video to get an idea of how dangerous this activity is. The…
Avolon, a leading global aviation finance company, announces an agreement to acquire Castlelake Aviation Limited (‘CA Ltd’), an entity managed by Castlelake L.P., the global alternative investment manager. CA Ltd.’s total assets as of 31 March 2024 were $5.0 billion,…
GAMA released its shipments and billings report for the second quarter of 2024, and the results are generally positive for the general aviation market. Year over year business jet deliveries are up 8.8%, while industry billings year over year are…
Buddha Air, Nepal’s leading domestic airline, has made history with the retirement of its ATR 42-320 aircraft, with registration 9N-AIN. This marks a significant milestone as it’s the first-ever ATR aircraft to reach its full economic life of 70,000 flight…
PR: Heart Aerospace, the Swedish hybrid-electric airplane maker, today unveils its first full-scale demonstrator airplane, marking a major milestone in developing its regional hybrid-electric aircraft, the ES-30. Built almost entirely in-house at Heart’s Gothenburg facilities, the demonstrator reflects the company’s…
If you want to market a regional airliner, you must be able to sell it to US operators. Since these account for ~70% of all regional flying. And the US regional airline market is the most brutal segment of a…