Next Level Aviation® Secures $50MM Credit Facility with PNC Bank

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The new working capital credit facility will be used to grow its existing USM distribution business and diversify product and service offerings DANIA BEACH, Fla., Dec. 10, 2024 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has secured...

Phoenix Aviation Capital and AIP Capital Announce $240 Million Term Loan

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The facility will support Phoenix and AIP with the purchase of six aircraft on-lease DUBLIN and STAMFORD, Conn., Dec. 9, 2024 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor, and AIP Capital, an alternative investment manager focused on opportunities in commercial aviation today announced the closing of a $240 million term loan facility (the "facility"). The facility...

Seventh annual Marrakech Air Show hosted 194 exhibitors and attracted 30,000 visitors

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MARRAKECH, Morocco, Nov. 29, 2024 /PRNewswire/ -- The Marrakech Air Show 2024, held under the High Patronage of His Majesty King Mohammed VI, concluded on November 2 after four dynamic days. Hosted at the Royal Air Force base, the event attracted 194 exhibitors, 50 delegations, and nearly 30,000 visitors, solidifying Morocco's position in the global aerospace industry.     Participation...

Shemaroo Contentino Transforms Inflight Entertainment with 90% Dominance of the Premium Indian Content Market

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MUMBAI, India, Nov. 28, 2024 /PRNewswire/ -- The aviation industry is experiencing unprecedented heights, driven by expansive and rapidly growing national and international travel, particularly among Indian passengers. This surge has created a significant demand for relevant and regional content. Shemaroo Contentino, a global leader in providing in-flight entertainment (IFE), has adeptly capitalized on this trend, establishing itself as...

GrayMatter acquires US-based Servy

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BENGALURU, India, Nov. 14, 2024 /PRNewswire/ -- GrayMatter Software Services, a leading analytics products and services company known for enhancing passenger experiences and boosting airport ancillary revenues, has acquired the Houston-based Servy, the enterprise self-service platform for hospitality. The acquisition will enhance the strategic growth of the Servy network, enabling the organization to implement a comprehensive approach to self-service...

Huawei Debuts at Super Terminal Expo and Aims for Shared Success in the Intelligent Aviation Industry

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HONG KONG, Nov. 12, 2024 /PRNewswire/ -- As a world-leading ICT infrastructure and intelligent terminal provider, Huawei was invited to attend the opening ceremony of the Super Terminal Expo and speak at a panel. Huawei showcased its latest products and solutions at the exhibition, as well as its achievements in helping the aviation and logistics industries go digital and...

Asia Sustainable Aviation Fuel Association Launches to Transform Policy, Markets and Investment for Sustainable Aviation Fuel Across Asia

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SINGAPORE, Nov. 7, 2024 /PRNewswire/ -- The Asia Sustainable Aviation Fuel Association (ASAFA) officially launches today in Singapore, with the goal of accelerating the adoption of Sustainable Aviation Fuel (SAF) across Asia. Supported by pioneer members like Korean Air, 1PointFive, DHL Group, Bureau Veritas, Marquis Energy Global, EU-ASEAN Business Council, SkyNRG, PT. Green Energi Utama and Quantum Commodity...

DXC Technology and Accelya Partner to Accelerate Airline Innovation and Enhance the Traveller Experience

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Accelya's industry-leading Offer, Order, Settle technology is now supplemented by DXC's global industry leadership and solutionsPartnership will enable Accelya to accelerate modernization and provide a comprehensive, cloud-based FLX ONE (OOSD) retailing platformDXC's expertise in systems integration offers airlines a solution to manage their technology infrastructureASHBURN, Va., Oct. 30, 2024 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune...

NEXT LEVEL AVIATION® and PRATT & WHITNEY EXTEND USM CONSIGNMENT AGREEMENT

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Next Level Aviation® to continue to support Pratt & Whitney CSA through consignment of used serviceable engine accessories for an additional three years DANIA BEACH, Fla., Oct. 29, 2024 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM), has extended an agreement with Pratt & Whitney Commercial Serviceable Assets (CSA), regarding...

Flapone: Leading Drone Pilot Training Institute in India

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NEW DELHI, Oct. 25, 2024 /PRNewswire/ -- The drone market in India is expected to grow to over US$ 4 billion by 2030, and there were more than 13,000 drones registered in India until 2023. Whether it is military, e-commerce, filming, infrastructure, or any other industry, drones have revolutionized the way these sectors operate by making operations faster...