The picturesque town of Wenchang, located in Hainan Province, China, is swiftly becoming the center of attention for space enthusiasts worldwide, particularly following the successful launch of the Long March-7 Y8, which carried the Tianzhou-7 cargo spacecraft into orbit on January 17th. Reinforcing its status as “China’s version of Cape Canaveral,” Wenchang is witnessing a
The global aviation structured finance and asset-backed securities (ABS) sectors are looking at a stable outlook for 2024, buoyed by the improved financial health and credit quality of the global airline sector this past year. This optimistic view is further supported by a strong demand for aircraft, compounded by a limited supply of both new
A recent study conducted by Horizon Aircraft has unveiled growing confidence among global professional investors in the burgeoning electric Vertical Takeoff and Landing (eVTOL) industry. This research, capturing insights from investors across Japan, the US, Canada, Europe, the Middle East, and Asia, reveals a strong belief that public support for eVTOL aircraft will notably increase
In a move set to shape the future of regional air transportation, Horizon Aircraft has penned a Letter of Intent (LOI) with JetSetGo, the leading regional air operator in India, for an impressive purchase of 50 Cavorite X7 Aircraft. The agreement edges the total value up to $250 million USD, with possibilities of doubling the
The Canadian-based aircraft company in a statement on Monday said that this new jet would incorporate elements of its predecessor, the Global 7500, but with “incredible performance enhancements".
The first Airbus A220 is set to begin its transformation into an executive hotel in the sky after the European planemaker delivered the jet to Swiss refitters Comlux.
