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Category :Aviation

Business Aviation Banks Companies Funding Regional World

AviLease Secures $2.5 Billion in Bridge Loan Refinancing

Global Business Magazine September 3, 2024

Saudi Arabia’s aircraft leasing company AviLease, which is a rapidly expanding global aircraft lessor and owned by Saudi Arabia’s sovereign Read More

Business Aviation Companies Transportation World

Osaka Metro and SkyDrive Explore eVTOL Operations in Osaka

Global Business Magazine August 29, 2024

Japan’s Osaka Metro has signed an agreement with Toyota city-based eVTOL manufacturer SkyDrive to study the feasibility of using its SD-05 Read More

Business Aviation Regional World

Frankfurt Airport Ranked First in Connecting 330 Destinations

Global Business Magazine August 20, 2024

Frankfurt airport, German flag carrier Lufthansa's main hub in Germany, has been ranked number one by providing connections to 330 destinations.Read More

Business Airlines Aviation World

Cathay Group Orders 30 A330-900 Wide-body Aircraft

Global Business Magazine August 8, 2024

Hong Kong’s Cathay Group has placed a firm order with Airbus for 30 A330-900 wide-body aircraft and the order follows a Read More

Business Airlines Aviation World

Jet Blue Defers Buying A321 Aircraft to 2030 And Beyond

Global Business Magazine August 1, 2024

JetBlue Airways Chief Financial Officer Ursula Hurley said that the airline has deferred buying of 44 A321Neo Aircraft to 2030 and beyond to Read More

Business Aviation Companies Merger and Acquisitions World

CVC DIF to Acquire Germany’s HiSERV

Global Business Magazine July 26, 2024

CVC DIF, the infrastructure strategy of leading global private markets manager CVC (via its CIF III fund), has agreed to acquire HiSERV, Read More

Business Aviation Companies Merger and Acquisitions Mergers and Acquisitions World

Boeing Acquires Spirit AeroSystems for $8.3 Billion

Global Business Magazine July 1, 2024

The US-based aircraft manufacturer Boeing on Monday said that it has entered into a definitive agreement to acquire Spirit AeroSystems for approximately $8.3 Read More

Business Airlines Aviation Environment Green Energy World

Renewable Fuel Projects Expected to Produce SAF by 2030

Global Business Magazine June 6, 2024

With the global aviation industry pledging to achieving net zero carbon emissions by 2050, the International Air Transport Association (IATA) has said that Read More

Economy Airlines Aviation Civil Aviation Regional World

Global Airlines’ Revenue Projected to Reach $996 Billion in 2024

Global Business Magazine June 4, 2024

The global airline industry’s revenue is projected to reach $996 billion in 2024, marking 9.7% y-o-y growth and reaching the highest nominal value in Read More