Tesla is establishing a Megafactory in China.
The factory will be able to make 10,000 Megapacks per year, which are massive batteries used to store vast amounts of electricity. The new facility was unveiled with a photo…
SAS begins an equity raise, leaving nothing for current creditors.
SAS Scandinavian Airlines (SK, Copenhagen Kastrup) has initiated an attempt to acquire equity funding while recognizing that when it emerges from Chapter 11 bankruptcy proceedings in the United States, there…
Qatar Airlines retires the final A321-200.
Qatar Airways (QR, Doha Hamad International) withdrew its last A321-200 by the end of 2022 and has since moved the aircraft for conversion into a freighter, according to ch-aviation study.
According to a UK court, lessors are entitled to $69 million in Russian guarantees.
The International Banking Group UniCredit wrongfully withheld USD68.9 million (EUR63 million) in payment guarantees from subsidiaries of lessors AerCap and Aircastle for fear of violating Western sanctions against Russia, according…
Thailand will begin exporting durians to China via rail this month.
The first direct train shipment of Thai durians to China will take place on April 19, according to Chanthaburi Governor Monsit Paisarnthanawat on Saturday.
Extracting the benefits of cannabidiol study
Thai nutraceutical company combines Eastern wisdom with CBD's benefits to develop a line of wellness products.
Dubai is considering restarting the $33 billion DWC Airport Expansion Project.
After years of inaction and delays, the expansion of Dubai's Al Maktoum International Airport (DWC) appears to be resuming. The $33 billion mega-project appears to be back on track, but…
Icelandair orders the Airbus A321XLR
The Icelandic flag carrier, Icelandair, has announced that it has signed a Memorandum of Understanding (MoU) with Airbus for 13 A321XLR aircraft, placing 12 more options, as it seeks to…
Boeing expects to increase the monthly output of the 737 MAX to 38.
In order to boost the company's positive cash flow, Boeing intends to expand the 737 MAX's monthly manufacturing rate from 31 to 38 by mid-2023.
Chinese carriers have placed an order with Airbus for aircraft, and the company will build a second Chinese FAL.
Airbus got an order for airplanes from China's airlines and announced the building of a new Final Assembly Line (FAL) there.