Asia-Pacific Aerospace Briefs Today
November 16th 2023
Today's briefs report news from Avolon Holdings, China Development Bank Financial Leasing Co., PTC Industries, Sabre, Safran Aircraft Engines and SIA Group. Read More »
China Development Bank Financial Leasing Co. has signed a sale and purchase agreement with Avolon Holdings for two A321s, one A320 and one A330-900. Leases were attached to the four aircraft, which are scheduled for delivery to their new customer by next January 31.
PTC Industries and Safran Aircraft Engines have committed to a multi-year contract to jointly work LEAP engine casting parts, with the first titanium casting parts scheduled for delivery in early 2024.
Sabre has sealed a distribution contract renewal with lastminute.com, including shopping and virtual payments solutions.
SIA Group said its operating airlines, Singapore Airlines and Scoot, have set a target of replacing 5% of their total fuel use with sustainable aviation fuel (SAF) by 2030.