Bangladeshi airline United Airways has announced the private placement of 400 million shares at an issue price of $0.12.

The shares will be issued to Phoenix Aircraft Leasing, TAC Aviation and SWIFT Aircargo.

The proceeds generated from the offering will enable United Airways to restart its operations.

Lockheed Martin Commercial Engine Solutions (LMCES) has secured a contract from Air Wisconsin Airlines Corporation to provide repair services for CF34-3 engines of CRJ200 fleet.

"As part of the contract, LMCES will perform maintenance, repair and overhaul on CF34-3 for up to five years at its plant in Montreal, Canada."

As part of the contract, LMCES will perform maintenance, repair and overhaul on CF34-3 for up to five years at its plant in Montreal, Canada.

Blue Origin, a US aerospace company, has been selected by Nasa to provide suborbital flight and integration services.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Under the $45m contract award, which is executed under the Nasa’s flight opportunities programme, Blue Origin will integrate and fly technology payloads on New Shepard suborbital space vehicle to the edge of the space.

Air Lease Corporation (ALC) has signed a pact for the sale of 25 of its Embraer E190 and E175 aircraft to Nordic Aviation Capital (NAC).

The aircraft deliveries are expected to be completed by next March.

A part of the capital generated from the sale will allow Air Lease to acquire aircraft on incremental approach.