15 July 2013

Macquarie Group launches helicopter leasing business

Macquarie Group announced the launch of Macquarie Rotorcraft Leasing, a helicopter operating leasing business that will focus on the growing, worldwide demand for commercial helicopters servicing offshore oil and gas, medical transport, search and rescue, and the executive transport markets. As part of the formation, Macquarie also announced the following executive appointments: Jeffrey Pino has […]

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Eichsfeld Air takes delivery of a GrandNew Helicopter

AgustaWestland delivered a GrandNew light twin helicopter to Eichsfeld Air Gmbh of Germany. Based in Berlin, this aircraft will enable Eichsfeld Air to resume its rotorcraft operations, performing missions across Germany as well as to the UK and Switzerland. The helicopter will also be operated in Cote d’Azur (France) and Sardinia (Italy) during the summer

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Embraer delivers 22 commercial and 29 executive jets in 2Q13

During the second quarter of 2013, Embraer delivered 22 jets to the commercial aviation market and 29 to the executive aviation market, for a total of 51 aircraft. On June 30, 2013, the firm order backlog totaled US$17.1bn, an increase of US$3.8 bn over the first quarter, reaching the Company’s highest backlog value since the

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US Airways shareholders approve merger with American Airlines

US Airways Group released that its shareholders approved the merger agreement with AMR Corporation (AAMRQ), the parent company of American Airlines. The merger agreement was approved by the affirmative vote of the holders of a majority of the outstanding shares of US Airways stock, which represented over 99% of the votes cast by US Airways

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Airkenya Express goes live with Pentagon 2000SQL

Pentagon 2000 Software, and Airkenya Express have completed a successful implementation of the Pentagon 2000SQL aviation software system. Based out of Nairobi, Kenya, Airkenya Express is one of Africa’s leading aerospace companies. Pentagon 2000 Software was chosen to provide an integrated software solution that includes functionality for Fleet Management, Flight Operations, Aircraft Recordkeeping, Aircraft Heavy

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Constant Aviation rotable exchange hits record numbers

Constant Aviation, a Directional Aviation Capital company offering full-service maintenance capabilities with a nationwide network, announced that their parts distribution division, CARE, became Dedicated Purchasing Agents for their 20th customer. “Our 24/7 dedicated purchasing agents provide a one-stop solution for customers parts needs. The team has the ability to source every part the customers needs

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AERO PLACEMENT diverts business to AERO PLACE

Due to increased demand for consultation in the areas of market access / market strategies, supply chain problems, preparation of trade fairs, training of directors and supervisory boards and especially concerning the middle class of German air, space and defense industries, Aero Placement has introduced these projects to a separate company. It reacts to, among

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DVB Bank advised Marubeni Corporation on the acquisition of 15.25% stake in Aircastle Limited

DVB Bank was the exclusive financial advisor to Marubeni Corporation (Marubeni), in a landmark transaction for the acquisition of 15.25% stake in Aircastle Limited (Aircastle) for US$209m, through issuance of new shares. The transaction was announced on 6 June 2013 and closed on 12 July 2013 after having received regulatory approvals from the US and

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GA Innovation achieves AS9120 accreditation

GA Innovation China announced that it successfully passed its audit by SAI Global, and its quality system is accredited and able to operate to AS9120, the highest level of organizational and quality assurance certification standard available for aerospace companies. Based on ISO 9001, AS9120 includes additional aerospace-specific requirements that are identified within the body of

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