Abu Dhabi-based Falcon Aviation Services has signed a Letter of Intent (LOI) to acquire one CS300 aircraft and an option for another. With this LOI, Falcon Aviation Services becomes the first customer for CSeries aircraft in the United Arab Emirates.
Falcon Aviation Services signs LOI for up to two Bombardier CSeries aircraft Read More »
REVIMA, a leading landing gear MRO established in the region of Normandy, France, has signed a non-exclusive 10 year overhaul service agreement with EMIRATES. The agreement is an all-inclusive “door to door” arrangement and covers the removal and installation, logistics, engineering support, and landing overhaul services for EMIRATES’s 777-300ER aircraft fleet.
REVIMA signs agreement with Emirates for 777-300ER landing gear overhaul Read More »
Avpro and Bell Helicopter reached an agreement on Febr. 26th, at HAI Heli Expo, to purchase three new Bell 505X helicopters, including one for its management partner L.J. Aviation of Latrobe, PA. Avpro will manage two of the helicopters, one of which has European specs, and Bell specialist L.J. Aviation of Latrobe, PA will market
Avpro announces Bell transaction Read More »
Air Lease Corporation reports another consecutive quarter of fleet, revenue and profitability growth. Diluted EPS increased 45% to $0.55 per share for the three months ended December 31, 2013 compared to $0.38 per share for the three months ended December 31, 2012. Diluted EPS increased 41% to $1.80 per share for the year ended December
Air Lease Corporation releases fourth quarter and fiscal year 2013 results Read More »
Pratt & Whitney Canada (P&WC and Milestone Aviation Group, a global leader in helicopter leasing, signed a US$75m, 15-year agreement under which P&WC will offer its Flexible Turboshaft Engine Fleet Management program to Milestone customers. The agreement, signed at HAI Heli-Expo, will provide P&WC’s customized engine maintenance support to helicopter operators worldwide leasing through Milestone.
Pratt & Whitney Canada and Milestone Aviation Group sign US$75m deal Read More »
International Lease Finance Corporation (ILFC) has secured more than 50 lease transactions for the new Boeing 787. ILFC owns the largest order book for Boeing’s newest aircraft with a total of 74 Dreamliners on order, of which five aircraft have already been delivered. ILFC was the first leasing company to take delivery of the 787.
ILFC reaches leasing milestone with Boeing 787 Read More »
Finnair has sold its subsidiary Finncatering Oy to LSG Lufthansa Service Europa/Afrika GmbH (LSG). The transaction is part of the partnership agreement announced on August 1st, 2012, according to which LSG has an option to purchase Finncatering Oy and LSG Sky Chefs Finland Oy (formerly Finnair Catering Oy) shares. By acquiring Finncatering, LSG carries out
Lufthansa Service Europa/Afrika GmbH uses its option to acquire Finncatering Read More »
Ascent Aviation Services (Tucson AZ) has signed a contract for heavy maintenance on two B737-800 aircraft for Miami Air International. The ASCENT facilities located at Tucson International Airport consist of 23 acres of concrete ramp, over 34,000 ft² of hangar space along with 77,000 ft² of backshop and secured consignment space in an ideal desert
Ascent Aviation Services signs contract with Miami Air International Read More »
