16 October 2013

Avolon announces successful closing of US$636m aircraft securitisation

Avolon, the international aircraft leasing group, announced the closing of the US$636 million Asset Backed Securitisation (“ABS”) for Emerald Aviation Finance Limited. On September 26, 2013 Avolon announced that Emerald, a newly established special purpose company, had priced a total of US$636 million of Fixed Rate Asset Backed Notes (the “Issue”). The net proceeds of […]

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ST Engineering’s Aerospace arm secures new orders worth $600m in 3Q2013

Singapore Technologies Engineering (ST Engineering) released that its aerospace arm, Singapore Technologies Aerospace (ST Aerospace) has secured new orders worth about $600m in the third quarter of 2013. The new orders involve projects ranging from airframe, component and engine maintenance, to commercial airline cabin retrofit and freighter conversions. Included in the 3Q2013 contracts is an

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RUAG reinforces aerostructures as core business

As part of RUAG’s strategy of focusing on its core competencies, from October 15th the RUAG Technology division will be known as RUAG Aerostructures. This step underlines the growing significance of aerostructures for RUAG, and clearly defines the company’s position in the expanding international aviation market. With sites in Emmen, Switzerland, and Oberpfaffenhofen, Germany, RUAG

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Airbus Military Services Logistic Hub starts operations

The Airbus Military Services Logistic Hub has started operations in Seville, Spain, in line with the Full In-Service Support (FISS) model developed by the company. This hub delivers spare parts for all Airbus Military products worldwide as well as ground equipment for the operation of the fleet. The new facility substantially strengthens the spare parts

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ATI and Boeing extend and expand long-term titanium products supply agreement

Allegheny Technologies Incorporated has extended its long-term titanium products supply agreement with Boeing. The extension agreement covers value-added titanium mill products and provides opportunity for greater use of ATI’s next-generation and advanced titanium alloys in both long product and flat-rolled product forms.

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MTU Maintenance Dallas opens new facility and signs contracts for engine storage

MTU Maintenance Dallas, MTU Maintenance’s center of excellence for on-wing and on-site services, has moved to a new facility thereby expanding its engine maintenance business and associated storage capacity. The new building has a floor space of 3,800 m² – more than three times the size of the old shop – and six engine maintenance

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Japan approves Finnair’s inclusion in joint business between Japan Airlines and British Airways

Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has granted anti-trust immunity to a joint business between Japan Airlines, Finnair and British Airways. This paves the way for Finnair to join the existing joint business between Japan Airlines and British Airways. The agreement will allow all three airlines to cooperate commercially on flights between

Japan approves Finnair’s inclusion in joint business between Japan Airlines and British Airways Read More »

ARGUS retained by Nextant Aerospace for research initiative

ARGUS International, Inc’s Market Intelligence division has been retained by Nextant Aerospace to conduct research designed to validate their next product launch. After extensive internal analysis of their future aircraft platforms, Nextant specifically tasked ARGUS with reviewing the viability of the entry level market place. Nextant Aerospace is recognized as the first company in the

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