Deals this week: Airbus, Boeing, UrtheCast
Airbus has secured a firm order from South Korean carrier KAIR Airlines for eight new A320ceo twin-engine jet aircraft.
The A320ceos will allow the airline to serve international destinations in north-east Asia with the lowest operating costs.
The Boeing Company has secured a $3.3bn order from CDB Aviation Lease Finance, an Irish subsidiary of China Development Bank Financial Leasing, for 30 new 737 MAX 8 twin-engine jet aircraft.
The Boeing 737 MAX 8 aircraft to be supplied under the deal are aimed to provide CDB Aviation with improved fuel efficiency and reliability.
The UK Government has provided a £12.87m ($14.63m) grant to the University of Leicester’s National Space Park project, creating approximately 500 jobs.
The National Space Park project is intended to support research and development of new satellite space and other related technologies.
The funding will also support the university’s Leicester & Leicestershire Enterprise Partnership programme.
Canadian firm UrtheCast has secured $12m in funding for its OptiSAR Constellation Earth observation satellites programme.
Awarded by Innovation, Science and Economic Development Canada (ISED), the grant will support the critical pre-commercial design and development work of the OptiSAR Constellation through March 2021.