Embraer and CAE have officially opened the first full flight simulator (FFS) for E-Jets E2 in the Asia Pacific region, located in Singapore. This marks a key step in pilot training enhancement, with the simulator situated near Changi Airport at the Singapore-CAE Flight Training Centre. The E2 training program incorporates CAE’s competency-based training assessment (CBTA)
Airbus SE has announced its consolidated financial outcomes for the Full-Year (FY) 2023, demonstrating comprehensive growth across its operations and setting an optimistic guidance for 2024 amidst complex market challenges. The company’s CEO, Guillaume Faury, shared reflections on the past year’s achievements which encompassed considerable order intake across all business units and fulfilling set commitments.
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
