FACC has concluded a syndicated loan of EUR 225 million (US$240 million) to finance its continuing growth strategy. “The flexibility of this credit line gives FACC the opportunity to be successful in the global market while promoting strategic growth,” says CEO
Browsing: Industry News
Unum Aircraft Seating, a newcomer to the business-class seating sector, has successfully closed a round of investment. The backing is an important step in the company’s path to official market entry, kick-starting recruitment, certification and production work
J&C Aero has reported a 285% increase in its annual revenues for FY2022, a year which also saw the company expand its cabin interior production facilities – and a new HQ is underway
As part of its fleet modernisation programme, Air India has signed letters of intent to acquire 250 Airbus and 220 Boeing aircraft, with a mix of narrowbody and widebody types. This is a further boost for the aircraft interiors and IFEC sectors
Following Sekisui Kydex’s promotion of Ben Smalley in November 2022, to the role of director of aviation and design, he has now been promoted further, to the role of director of business development
Delta Air Lines’ new partnership with Touch Inflight Solutions aims to solve IFE content bottlenecks, with media delivered on board aircraft in just 24 hours
Finnair has increased the maximum take-off weight of select aircraft, in order to raise cargo and customer capacity for flights to the Far East and tackle the closure of Russian airspace
The International Civil Aviation Organization (ICAO) forecasts that air passenger demand will rapidly recover to pre-pandemic levels on most routes during the first quarter of 2023, and that growth of around 3% on 2019 figures will be achieved by year end
Anuvu has announced a deal to lease new antennas and ground-station infrastructure from Telesat, to support the development of its Anuvu Constellation. This agreement strengthens the companies’ long-standing relationship for geostationary orbit satellite capacity
The lower half of the Clean Sky 2 Thermoplastic Fuselage Demonstrator (MFFD) has been delivered, and at 8m by 4m, it is one of the largest thermoplastic assemblies in the world. The technology used could significantly reduce weight and manufacturing costs for future aircraft