CDB Aviation, the Irish subsidiary of China Development Bank Financial Leasing, has completed the financing for eight of the nine Boeing 737 MAX 8 aircraft under the purchase and leaseback agreement with Canada’s second-largest carrier WestJet. The ninth aircraft is expected to close in December 2020. The aircraft were originally delivered to WestJet over the
Collapsed regional airline Flybe may be set to return from the dead, after the airline’s hedge fund owner applied for a UK operating licence. Thyme Opco, a holding company owned by Cyrus Capital, has applied for an operating license with the UK Civil Aviation Authority for the Exeter-based regional carrier. New-York based Cyrus Capital was
The US Marine Corps has taken the next step in maintaining air superiority as Marine Fighter Attack Squadron 314 declares their initial operational capability for the F-35C Lightning II. Initial operational capability (IOC) declaration marks a significant accomplishment for 3rd Marine Aircraft Wing, enabling VMFA-314 to deploy the F-35C onto aircraft carriers where they will
British car manufacturer Bentley has announced it will utilise five Antonov cargo aircraft to help it overcome the potential supply bottleneck caused by a chaotic exit of Britain from the European Union. Bentley sources most of its supplies from continental Europe, and sells about 24 per cent of its cars into Europe, CEO Adrian Hallmark
A number of airlines have come out in public support of Boeing and its newly recertified 737 MAX jet by taking delivery of delayed orders and placing new ones, a win for the embattled US planemaker. European budget airline and major customer Ryanair has ordered an additional 75 MAX jets, a deal worth over $9
In a “major step forward”, the US Air Force has successfully completed a flight test on its B-1B Lancer carrying an inert Joint Air-to-Surface Standoff Missile. A US Air Force B-1B Lancer attached to the US Air Force’s 412th Test Wing’s 419th Flight Test Squadron (FLTS), Global Power Combined Test Force, has successfully carried an inert Joint
