GreenStone Aviation launches to help fill airline funding gap

GreenStone Aviation, a commercial aircraft leasing company, has announced that it has been capitalised with over $100 million in equity. GreenStone will focus exclusively on the sale/leaseback of newly-delivered commercial aircraft ordered by major airlines. The company is backed by leading private equity investors and led by John S. Slattery, the former head of RBS […]

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Embraer signs service contracts with three customers in Europe

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Embraer has signed a five-year Flight Hour Pool program contract with three European operators

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Last Airbus A350 XWB CFRP demonstrator fuselage shell delivered

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Premium AEROTEC delivered the door frame shell for the CFRP fuselage demonstrator from Nordenham to Airbus Operations GmbH in Hamburg for structural testing today on schedule. This marks another major milestone on the way towards serial production for the A350 XWB at Premium AEROTEC. The aerospace supplier, founded in January 2009, is the main aerostructure

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Nigeria

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On the occasion of the Paris Air Show, Nigerian carrier Afrijet Airlines and ATR signed a contract for the purchase of 4 ATR 72-500 aircraft. The deal is valued $80 million, and follows a HoA (Heads of Agreement) inked last month on the occasion of the official visit to Nigeria of the French Prime Minister,

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Aeroflot CFM56-5B engines awarded TRUEngine status

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Aeroflot Russian Airlines has achieved TRUEngine status for 102 of the CFM56-5B engines. Aeroflot has been a CFM customer since 1998 and currently operates more than 50 CFM56-5B-powered A320 family aircraft.

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Jet Republic enrolls fleet of 25 Learjet 60 XR in Bombardier Carbon Offset Program

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Private aviation company Jet Republic has joined Bombardier’s pioneering Carbon Offset Program. Bombardier became the first Original Equipment Manufacturer (OEM) to offer its business aircraft customers a carbon emissions offset option in September 2007. Jet Republic launched in September 2008 with the largest European business aircraft order ever placed – 110 Bombardier Learjet 60 XR

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DAE delivers second Boeing 777 Freighter to Emirates SkyCargo

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DAE Capital, the aircraft leasing financial business arm of Dubai Aerospace Enterprise (DAE), handed over the second Boeing 777 Freighter to Emirates SkyCargo last week. Six more Boeing 777 Freighters are expected to be delivered to DAE between 2009 and 2014. DAE has also secured a US$450 million Guaranteed Loan Facility from Citibank, N.A. to

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Abu Dhabi Airports Company in Joint Venture with Helios SinoGulf

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Abu Dhabi Airports Company announced that it has signed a joint venture agreement with Helios SinoGulf Property Development LLC to develop a logistics and business park under free zone regulation adjacent to Al Ain International Airport. The development will cover 650,000 square metres and will include office space, distribution centres, light industrial units, freight forwarding

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Industry study shows biofuels perform effectively as jet fuel

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Boeing and a team from across the aviation industry released high-level elements of a study that shows that sustainable biofuels analyzed in a series of pioneering test flights performed favorably in comparison to petroleum-based fuel. According to the study, Evaluation of Bio-Derived Synthetic Paraffinic Kerosene (Bio-SPK), a series of laboratory, ground and flight tests conducted

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Hamilton Sundstrand signs support agreement with Global Aviation Holdings

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Hamilton Sundstrand’s REVIMA APU business has signed a long-term Auxiliary Power Unit (APU) support agreement with Global Aviation Holdings to provide exclusive repair services. The five-year agreement covers repair services for all APUs installed on MD11 and Boeing 747-400 airplanes operated by World Airways, a Global Aviation Holdings subsidiary. The agreement also includes access to

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GreenStone Aviation launches to help fill airline funding gap

Embraer signs service contracts with three customers in Europe

Last Airbus A350 XWB CFRP demonstrator fuselage shell delivered

Nigeria

Aeroflot CFM56-5B engines awarded TRUEngine status

Jet Republic enrolls fleet of 25 Learjet 60 XR in Bombardier Carbon Offset Program

DAE delivers second Boeing 777 Freighter to Emirates SkyCargo

Abu Dhabi Airports Company in Joint Venture with Helios SinoGulf

Industry study shows biofuels perform effectively as jet fuel

Hamilton Sundstrand signs support agreement with Global Aviation Holdings

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17 June 2009

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