Embraer delivers first EMBRAER 190 jet to Mozambique's LAM
Embraer delivered the first EMBRAER 190 jet, to Mozambique flag carrier LAM
3 August 2009
Bombardier signs Airline for five Q400 NextGen airliners
Bombardier Aerospace reported that it has received a signed, firm order for five Q400 NextGen turboprop airliners. The airline which placed the order has requested to remain undisclosed at this time, and has also taken options on an additional five Q400 NextGen aircraft. Based on the list price for the Q400 NextGen aircraft, the firm …
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American Airlines closes $276 million private debt sale
AMR Corporation said today that American Airlines has closed a $276 million private placement offering of senior secured notes due 2016, which were priced at par to yield 13 percent. The purpose of the offering was to refinance, in part, the outstanding $401 million principal amount of the Company’s 1999-1 enhanced equipment trust certificates (1999 …
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Aviation Capital Group reports second quarter activity
Aviation Capital Group (ACG) reported its 2009 second quarter leasing, sales and financing activity. The quarter was highlighted by two strategic initiatives. The first was a commitment by the U.S. Export-Import Bank (Ex-Im) to participate in a new financing structure valued at nearly $900 million for 22 Boeing 737NGs to be delivered over the next …
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GE to power the C-5M
GE Aviation is powering the C-5M with four CF6-80C2 engines, making its debut to the public at Oshkosh AirVenture 2009. This aircraft is one of three C-5Ms delivered to the U.S. Air Force. Current Air Force plans call for Lockheed Martin to deliver 52 modernized C-5Ms.
TAM announces changes in Board of Directors
In a Board of Directors meeting held at TAM’s headquarters in Sao Paulo, resignation letters were received from board members Pedro Pullen Parente and Adalberto de Moraes Schettert. In light of these resignations, Andre Esteves, BTG president, and Marco Antonio Bologna, president of TAM Executive Aviation, are TAM Empreendimentos e Participacoes S/A’s nominations to fill …
Republic Airways completes Midwest acquisition
Republic Airways Holdings has completed its acquisition of Milwaukee-based Midwest Airlines from TPG Capital, a Ft. Worth, Texas-based private equity firm. As a wholly owned subsidiary of Republic Airways Holdings, Midwest will continue to operate as a branded carrier with its longstanding, award-winning commitment to outstanding customer service. On June 23, 2009, Republic announced that …
DAE delivers first Boeing 737-800 NG to Garuda
DAE Capital, the aircraft leasing and financial business arm of Dubai Aerospace Enterprise (DAE), delivered the first Boeing 737-800 Next-Generation aircraft to Garuda the national flag carrier of Indonesia. The delivery is one of eight new B737-800 aircraft to be delivered to Garuda between June 2009 and April 2010.