21 November 2012

Kaman closes on new $500m five-year credit facility

Kaman Corporation has closed on a new five-year $500m credit facility replacing its prior $317.5m credit facility. The facility includes a collateralized security agreement and carries a standard financial covenant package, which the company believes reflects current market terms and conditions. The facility consists of a $400 million revolving credit facility and a term loan

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Nexcelle completes Preliminary Design Review for its Nacelle to equip GE's Passport engine

The Nexcelle joint venture of GE’s Middle River Aircraft Systems and the Safran group’s Aircelle has completed the Preliminary Design Review for its nacelle on the GE Passport engine, marking a major milestone with the integrated propulsion system that will power the Bombardier Global 7000 and Global 8000 twin-jet business aircraft. Nexcelle’s Passport nacelle incorporates

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BOC Aviation to lease two new A321-200 aircraft to Etihad Airways

BOC Aviation has signed agreements for the lease of two new A321-200 aircraft to Etihad Airways, the national airline of the United Arab Emirates. Both aircraft, to be equipped with IAE V2533-A5 SelectOne engines, are scheduled to be delivered in the second quarter of 2014. The two aircraft will be leased by Etihad Airways as

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Flying Colours Corp. confirms first Saudi maintenance order

Flying Colours Corp., the Canada-based completions, refurbishment and maintenance specialists, has received confirmation of its first Saudi registered aircraft maintenance project. Scheduled to arrive in the first quarter of 2013 the Saudi registered Challenger 604 will undergo a variety of major inspections, service bulletins, and interior refurbishment at their Peterborough, Ontario, facility. Flying Colours Corp

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Iacobucci HF seating products on board new Comlux America BBJ Prg.

Iacobucci HF Group has been selected to design & manufacture all seats and galley inserts for Comlux America in the completion of the Hyundai Motor Company’s new BBJ aircraft. This contract award marks Iacobucci HF’s 2nd BBJ aircraft award just after few months of launching its new VIP seat business division. The aircraft interior is

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Poland’s 5 Aero Team becomes latest user of Commsoft’s OASES

Commsoft, a leader in aviation engineering and maintenance systems, released that 5 Aero Team is about to become the latest user of OASES – Commsoft’s MRO IT system. Under the terms of the five year agreement for five concurrent users, Commsoft will build a full OASES hosted system for Warsaw-based 5 Aero Team’s start-up CAMO

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ATR's new pilot training center in Singapore achieves EASA certification

ATR’s newest flight training center in Singapore is now officially approved by the European Aviation Safety Agency (EASA) and is ready to start training courses shortly. The center will provide a high level of training programs from flight crew type rating through recurrent training to differences courses. Strategically located in the Seletar Aerospace Park, a

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AWAS delivers seventh Airbus aircraft to Royal Jordanian

AWAS has delivered a new Airbus A320-200 aircraft to Royal Jordanian, the final of seven new aircraft as part of an agreement reached in early 2011. This placement is part of Royal Jordanian’s major fleet renewal programme, to offer its customers superior comfort while driving enhanced efficiencies across its network.

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