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Sightec raises $2m for autonomous navigation system

Sightec raises $2m for autonomous navigation system

🕔15:06, 23.Apr 2019

Tel Aviv-based startup Sightec has completed a $2m seed round as it aims to look into a new autonomous navigation system. The funding round led by Sherpa InnoVentures and Playfair Capital, will see Sightec utilise its visual situation awareness system

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Silver Airways set to expand its fleet

Silver Airways set to expand its fleet

🕔15:05, 23.Apr 2019

Silver Airways has taken delivery of three ATR-600 series aircraft as it looks to expand its fleet. The company intends to take delivery and begin operating five more ATR-42-600s in 2019. Furthermore, and subject to regulatory approval, the airline is

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Oman Aviation Group to raise $6 billion for airline and airports expansion

Oman Aviation Group to raise $6 billion for airline and airports expansion

🕔14:47, 23.Apr 2019

Government entity Oman Aviation Group is looking to raise $6 billion to finance the expansion of Oman Air and Oman Airports up until 2030. Reuters is reporting that the Government-owned entity, which was formed in February 2018, has issued a

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ANA makes changes to simplify online booking

ANA makes changes to simplify online booking

🕔14:39, 23.Apr 2019

All Nippon Airways (ANA) has announced that its online reservation system will include new functionality to make it easier for passengers to confirm seats prior to departure. These changes will be applied to passengers who make their reservation for certain

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AirAsia sells 25 aircraft to Castlelake for $768 million

AirAsia sells 25 aircraft to Castlelake for $768 million

🕔14:38, 23.Apr 2019

AirAsia has sold 25 aircraft to Castlelake for $768 million, which the company hopes will free up cash for its digital business plans. AirAsia Group CEO Tan Sri Tony Fernandes tweeted a statement, which read: “Selling our aircraft monetises all

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Airbus reveals A220 integration is progressing well

Airbus reveals A220 integration is progressing well

🕔14:23, 23.Apr 2019

Airbus has reported that the integration of its former Bombardier CSeries program is on track. In a statement, Philippe Balducci, CEO of the A220 Partnership, said: “We will deliver more aircraft in the second half of the year than we did in

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AIPUT secures £55 million for London acquisitions

AIPUT secures £55 million for London acquisitions

🕔14:17, 23.Apr 2019

Aberdeen Standard Investment’s AIPUT fund (Airport Industrial Property Unit Trust) has secured a £55million revolving credit facility with its long-term financial partner, RBS International. The facility will provide flexible access to capital available to finance AIPUT’s high quality industrial acquisitions

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Aeronautical Systems Engineering celebrates 25 years

Aeronautical Systems Engineering celebrates 25 years

🕔14:12, 23.Apr 2019

Aeronautical Systems Engineering (ASE) is celebrating its 25th anniversary. Since its inception, ASE has delivered training solutions all over the world for flight academies, training centers, universities, FAA Part 135 charter operations, global armed forces, and other industries within aviation.

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Aviation News Ltd awarded the Queen’s Award for Enterprise for International Trade 2019

Aviation News Ltd awarded the Queen’s Award for Enterprise for International Trade 2019

🕔11:21, 23.Apr 2019

Aviation News Ltd has been honoured with a Queen’s Award for Enterprise for International Trade 2019. Aviation News Ltd is one of 201 organisations nationally to be recognised with a prestigious Queen’s Award for Enterprise. Announced today (Tuesday 23 April),

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GECAS and Oz Management close STARR 2019-1

GECAS and Oz Management close STARR 2019-1

🕔09:11, 23.Apr 2019

GECAS and Oz Management, which is the dedicated asset manager, have closed STARR 2019-1 asset backed securitisation (ABS). STARR II 2019-1 issues $474 million of debt in three tranches of notes: $382 million A notes, rated A by Kroll Bond

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