Regional Express (Rex) reported the impending retirement of its Managing Director Jim Davis, with effect from 1 July 2011. Mr Davis will remain a member of the Board as an independent director. Mr Davis has been with the Company since its beginning as the Chief Pilot of Hazelton which was one of the two component airlines of […]
Regional Express announces retirement of Directors Read More »
Dublin-based aircraft lessor, AWAS, has favourably re-priced its May 2010 $530 million Term Loan Facility to achieve a 250bps advantage over the previous terms. These revised terms will allow for increased flexibility supporting AWAS’ growth plans to acquire attractive new and used aircraft. Goldman Sachs Lending Partners LLC (Sole Syndication Agent) and Morgan Stanley Senior Funding, Inc.,
AWAS favourably re-prices $530 million term loan Read More »
Eurocopter’s commitment to innovation will be showcased at the 2011 Paris Air Show, where the company’s high-profile participation is to include the first public flight presentations of its X3 hybrid demonstrator and the new EC175 helicopter. The Eurocopter presence at Le Bourget Airport also will comprise displays of its enhanced EC145 T2 and AS350 B3e
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The newly founded SunExpress Deutschland GmbH has engaged Lufthansa Technik to provide all-round technical support for its entire fleet of six Boeing 737-800 aircraft. SunExpress Deutschland commenced operations on 8 June with three aircraft. Three further airplanes are due to be delivered in the winter. The Total Technical Support (TTS) contract extends from line maintenance
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Avolon, the aircraft leasing group, reported the significant growth of its business interests in the Middle East and Asia-Pacific regions, with the leasing of 26 aircraft to nine leading carriers.  Avolon signed the following lease agreements: one Airbus A320 to Air Arabia – United Arab Emirates, eight Airbus A320s to Indigo – India,  two Airbus A320s to Philippine Airlines – The Philippines, one Airbus A320 to Spring Airlines – China, five Boeing 737-800s
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FL Technics, integrated aircraft Maintenance and Repair Organisation, signed an exclusive full-scope engine service provision agreement with the Russian carrier Donavia. The agreement, worth $11 million over the period of 12 months, covers full management of six CFM56-3 engines, including maintenance facility selection, shop supervision during engine maintenance, handling of spare parts supply, engine lease and
Air Lease Corporation (ALC) has signed lease agreements for 25 additional aircraft. TRIP Linhas Aereas (Brazil) and ALC have entered into long term lease agreements for six new ATR 72-600s and six new Embraer 190LRs, delivering between July 2011 and October 2012. Bulgaria Air is leasing four new Embraer 190s from ALC, deliveries are set for March, April, June,
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