Asia-Pacific Aerospace Briefs Today
September 13th 2024
Today's briefs report news from BBN Airlines Indonesia, China Aircraft Leasing Group Holdings Limited (CALC), Civil Aviation Authority of Singapore (CAAS), Honeywell and MTU Aero Engines AG. Read More »
MTU Aero Engines AG has successfully placed a corporate bond on the capital market with a par value of euro750 million (US$828 million) and a coupon of 3.875%. The seven year bond will mature on September 18, 2031. The funds will refinance MTU's existing corporate bond ahead of schedule and be applied to general corporate financing.
China Aircraft Leasing Group Holdings Limited (CALC) has announced interim revenue to 30 June was HK$2,528.1 million (US$324 million), an 8.7% increase over first half 2023
Growth in Honeywell’s aerospace business in 2025 will be determined by its ability to supply parts to Boeing and Airbus, not demand, the industrial giant's CEO said at a conference on Wednesday, Reuters reports.
The Civil Aviation Authority of Singapore (CAAS) has granted Avia Solutions Group subsidiary, BBN Airlines Indonesia, a Foreign Operator Permit to fly from Singapore. The decision will bolster the charter and air freight airline’s network potential after Australia’ Civil Aviation Safety Authority (CASA) issued a Foreign Air Transport Air Operators Certificate (FATAOC) to the company. BBN Airlines has a fleet of six 737s based in Indonesia.
