Asia-Pacific Aerospace Briefs Today
October 10th 2024
Today's briefs report news from AviLease, Avolon, GA Telesis, H.I.G. Capital, Honeywell, SC Grand’s CIRCULAR, STS Aviation Group and Thai Airways International. Read More »
Honeywell will spin off its advanced materials unit into a publicly traded company, the U.S. conglomerate said on October 8, to sharpen its focus on aviation, automation and energy transition.
Thai Airways International is partnering with SC Grand’s CIRCULAR and 10 top Thai designers to produce an exclusive Zero Waste Living collection that will combine innovation and style with a commitment to sustainability, the flag carrier said.
GA Telesis integrated aviation services has completed acquisition of a three aircraft portfolio from Avolon. The mid-life narrow-bodies are on lease to airlines in Europe, Japan and Australia, respectively.
STS Aviation Group has received a significant equity investment from H.I.G. Capital (H.I.G.), an alternative investment firm.
AviLease, an emerging aviation lessor and a PIF Company, has acquired nine aircraft from global lessor Avolon. The transaction follows Avolon’s sale of 13 aircraft to AviLease in 2023.
