7 May 2013

GE Aviation receives more than 200 CF34 engine orders in past six months

GE Aviation received firm orders for more than 200 CF34 engines from customers since December 2012. Orders include 47 firm orders and 47 options for CF34-powered E175 aircraft from Republic Airways (January), five CF34-powered Embraer E175 and 15 CF34-powered E175 aircraft from Aldus Aviation (January), 40 firm orders and 30 options for CF34-powered Bombardier CRJ900

GE Aviation receives more than 200 CF34 engine orders in past six months Read More »

WestJet to sell 10 of its oldes Boeing Next-Generation 737-700 aircraft

WestJet has entered into an agreement with a third party under which WestJet will sell 10 of its oldest Boeing Next-Generation 737-700 aircraft to that party in 2014 and 2015, and concurrently entered an agreement with Boeing to purchase 10 Boeing Next-Generation 737-800 aircraft in 2014 and 2015, effectively reducing the average age of WestJet’s

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WestJet reports first quarter net earnings of $91.1m

WestJet announced its first quarter results for 2013. The airline reported record net earnings of $91.1m, up from the net earnings of $68.3 million reported in the first quarter of 2012. These results mark WestJet’s 32nd consecutive quarter of profitability. Based on the trailing twelve months, the airline achieved a return on invested capital of

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Airstream arranges sale of five B737-500’s

Airstream International Group has arranged the sale of five B737-500 aircraft. The aircraft have been acquired from Royal Air Maroc by Vx Capital Partners, a US based private investment firm. The aircraft, msn 25317, 26525, 26527, 27679 and 27680 were the last five remaining B737-500’s in the RAM fleet being remarketed by Airstream. These sales

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Asher Ben Basat joins MROmarketplace.com/MRO Exchange LLC as Senior Executive

MROmarketplace.com released that Asher Ben Basat, former President of Commodore Aviation Inc. in Miami, Florida has accepted the position of Senior Vice President, Technical Operations at MRO Exchange LLC, the owner and operator of MROmarketplace.com, the aviation industry’s first online marketplace for the procurement of maintenance, repair and overhaul projects.

Asher Ben Basat joins MROmarketplace.com/MRO Exchange LLC as Senior Executive Read More »

BOC Aviation re-opens and increases existing 10-year Senior Unsecured Notes due 2023

BOC Aviationn successfully priced a US$150m re-opening of the existing US$350m 4.375% Senior Unsecured Notes due May 2023 (the “Notes”), to tap into unfilled investor demand. The re-opened issuance was more than six times subscribed with orders exceeding US$900m. Carrying the same coupon rate of 4.375% per annum and the same maturity date of 2

BOC Aviation re-opens and increases existing 10-year Senior Unsecured Notes due 2023 Read More »

328 delivers in Nigeria – SkyBird Air receives final aircraft, whilst SpringChild Investments takes two

German-based completions and refurbishment company 328 Support GmbH, delivered the final aircraft in a series of three Dornier 328 jet conversions (MSN 3141) to Nigerian charter company SkyBird Air in early April. The Lagos based company, which was a new African customer for 328, accepted the refurbished 32 seat 328 Jet aircraft at 328’s facilities

328 delivers in Nigeria – SkyBird Air receives final aircraft, whilst SpringChild Investments takes two Read More »

GE Aviation and Airways New Zealand unveil new flight paths at Queenstown

GE Aviation and New Zealand air navigation service provider Airways New Zealand completed the redesign of the Queenstown airspace that more than doubles hourly airport capacity. The cornerstone of the project is the new Required Navigation Performance (RNP) flight paths that enable concurrent arrivals and departures at the airport. The accuracy of the RNP paths

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