Asia-Pacific Aerospace Briefs Today
October 17th 2024
Today's briefs report news from Airbus UpNext, APOC Aviation, Air India, China Airlines, China Credit Ratings, China Energy Engineering Group Co Ltd (Energy China), Toshiba Energy Systems & Solutions Corporation (Toshiba) and Travelport. Read More »
Travelport and Air India are accelerating the launch of NDC content and servicing for Travelport connected agencies. Travelport is the leading distributor for Air India content, connecting the airline to its network of travel agencies worldwide via Travelport+. Agencies using Travelport+ will be able to view and compare the airline’s NDC offers alongside traditional content.
Airbus UpNext, a 100% subsidiary of Airbus, and Toshiba Energy Systems & Solutions Corporation (Toshiba), Toshiba Group’s energy arm, will cooperate and “mutualise” experience with superconducting technologies for future hydrogen-powered aircraft.
State-owned energy conglomerate China Energy Engineering Group Co Ltd (Energy China), has broken ground on a 100,000-ton sustainable aviation fuel (SAF) plant in China’s Heilongjiang province. The facility will use wind, solar, hydrogen and biomass to produce SAF.
China Credit Ratings has upgraded the long-term credit rating of China Airlines to twA- from twBBB+. CAL is the first airline in Taiwan to be rated “twA-.
APOC Aviation, a trading and leasing specialist focused on engines, landing gear and USM components, has secured a multi-faceted financing facility with Deutsche Bank AG’s transportation structured finance group. The funds will expand its existing business portfolio and underpin vertical integration of future complementary solutions, APOC said.