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MAY 2024

Week 18

Asia-Pacific Aerospace Briefs Today

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May 3rd 2024

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Today's briefs report news from Hanwha Aviation, Abelo, Maldivian and IndiGo. Read More »

Hanwha, South Korea’s seventh largest conglomerate and a Fortune 500 company, has launched Hanwha Aviation, an engine leasing platform with a long-term vertically integrated strategy for newer generation assets, It will have bases in Singapore, Ireland and the U.S.

Abelo has leased a new ATR 42-600 to Maldivian Island Aviation Services Limited. The sale and leaseback transaction is a part of the airline’s order for four of the type.

IndiGo will pay its employees a bonus equivalent to 1.5 months of their salaries in anticipation of its return to profit in fiscal year 2024.

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May 25th 2024 12:35am


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