Atlantic Airways becomes new customer for Airbus A319
Atlantic Airways, flag carrier of the Faroe Islands and based in S
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30 January 2008
$260 million for FF5000 aircraft development
Freight Feeder Aircraft Corporation has entered into a $260 million investment banking engagement agreement for a two year period with CapNet Securities Corporation (“CapNet”) as its exclusive financial consultant, placement Agent and finder in connection with various financing strategies. The initial (Stage 1) contemplated equity financing is planned at $10 million which will be used
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LAN Airlines reports net income of $100.8 million for 4Q07
LAN Airlines S.A. reported its consolidated financial results for the fourth quarter and full year ended December 31, 2007. LAN reported net income of (US)$100.8 million for the fourth quarter of 2007, a 7.7% increase compared to net income of $93.6 million in the fourth quarter of 2006. Net income for full year 2007 reached
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B/E Aerospace to supply passenger and crew oxygen systems for new A350 XWB
Airbus has selected B/E Aerospace as its supplier of next generation passenger and crew oxygen systems for the new A350 XWB aircraft. The award is initially valued at more than $125 million. The A350 XWB will be equipped with B/E Aerospace
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Boeing begins major assembly of first new 777 Freighter
Boeing mechanics began major assembly of the new 777 Freighter at the company’s Everett, Wash., facility on January 29th. The first 777 Freighter will be delivered to launch customer Air France in the fourth quarter of 2008. “Our vision to develop the 777 Freighter as the world’s most capable twin-engine cargo airplane is now becoming
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BAE Systems reports strong market for Jetstream 41
BAE Systems Regional Aircraft confirms that the market for its portfolio Jetstream 41 remains buoyant and that during 2007 a total of 22 transactions were completed, more than double the 2006 total. Previously confirmed transactions included new leases for 11 aircraft with Eastern Airways of the UK – the world’s largest fleet operator of the
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Finnish carrier BLUE1 extends RJ85 lease with BAE Systems
Finnish regional carrier Blue1, which is a member of the SAS Group, has signed a long-term lease extension with BAE Systems Regional Aircraft on one RJ85 (msn E2392). This lease will see the aircraft operating in the Blue1 fleet well into the next decade. This transaction follows a deal announced in October last year under
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National Jet Systems extends BAe 146-200 lease
National Jet Systems (NJS), Australia
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