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Porter secures sale and leaseback for 12 Embraer E195-E2 aircraft
Source: Porter Porter Aviation Holdings Inc.’s (Porter) wholly-owned subsidiary, Porter Aircraft Leasing Corp., has entered into sale and leaseback and pre-delivery payment (PDP) financing agreements for 12 Embraer E195-E2 aircraft. TrueNoord, and certain funds managed by affiliates of Apollo and [...]
RTX Ventures invests in H55 to advance Electric Propulsion Technologies for clean and efficient air mobility applications
Source: H55 RTX Ventures, the venture capital arm of Raytheon Technologies (NYSE: RTX), has made a minority investment in electric propulsion system company H55 to drive the development of electric aviation solutions. The investment in H55 aligns with Raytheon Technologies' [...]
Gulf Air celebrates 40 years of operations to Athens
Source: Gulf Air Gulf Air, the national carrier of the Kingdom of Bahrain and the World’s Most Improved Airline 2022, today celebrated 40 years of direct operations between the Kingdom of Bahrain and the Hellenic Republic, as Athens International Airport [...]
Airports in the Aena network close September with a recovery of 91.7% of passengers compared to the same month of 2019
Source: Aena Over 24.8 million travellers passed through its facilities 209,069 aircraft were in operation and 83,000 tonnes of cargo were transported Airports in the Aena network closed September 2022 with 24,881,291 passengers. This figure is 8.3 percentage points from [...]
Frontier Airlines Introduces First A321neo with GTF Engines
Source: Pratt & Whitney "Frederick the Bald Eagle" is the airline's first A321neo, first GTF-powered aircraft, and first of three special liveries Pratt & Whitney, a Raytheon Technologies business, and Frontier Airlines welcomed the arrival of the carrier's first Airbus [...]
FAA Invests $31M in Key Airport Cargo Projects to Strengthen Supply Chains
Source: FAA The Department of Transportation's Federal Aviation Administration (FAA) has awarded more than $31 million in grants to expand cargo infrastructure at nine airports across the United States. The projects at these airports will help expedite the movement of [...]
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