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AUGUST 2021

Week 31

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Asia-Pacific aerospace briefs today

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August 5th 2021

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China Development Bank Financial Leasing Co. said its CDB Aviation Lease Finance unit has entered into a purchase and leaseback agreement with Wizz Air Hungary for four A321neos. Read More »

Technology company, Elenium Automation, has been chosen by Airport Development Group to install 30 portable check-in kiosks, 23 bag drop stations and operations and monitoring software at Darwin International Airport in Australia.

Korean Air (KAL) has entered into an agreement for Urban Air Mobility (UAM) research and development cooperation with the Incheon International Airport Corporation and the Korea Aerospace Research Institute. The partners will establish a UAM operations and transportation management system.

Rolls-Royce has reported net profit of 393 million pounds (US$547 million) for the six months to June 30 this year, returning to the black from a net loss of 5.4 billion pounds in the same six months in 2020.

CAE has acquired aviation maintenance training company GlobalJet Services.

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