26 March 2014

Airbus Group makes successful return to Euro debt capital markets with €1bn 10-year bond issue

Airbus Group successfully priced a new 10-year bond offering denominated in euros on March 25th, 2014. This €1bn transaction is the first bond issue for the newly rebranded “Airbus Group” and marks the return of the company to the euro debt capital markets after almost five years. The offering was very well received by the […]

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GE Aviation selects Indiana for $100m jet engine assembly factory

GE Aviation will break ground this year on a new $100m jet engine assembly facility in Lafayette, Indiana. It becomes the seventh new GE Aviation facility in the U.S. in the past seven years – joining sites in Batesville, MS; Auburn, AL; Greenville, SC; Dayton, Ohio; Ellisville, MS; and Asheville, NC. These facilities support more

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GECAS to lease five new Boeing 737-800s to Hainan Airlines

GE Capital Aviation Services (GECAS) will lease five new Boeing 737-800 aircraft to Hainan Airlines to help expand the carrier’s fleet. The aircraft, scheduled for delivery in 2015, come from GECAS’ existing order book with Boeing. Hainan Airlines is a longstanding GECAS customer and is the largest private airline in the People’s Republic of China.

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HAITEC to invest around €30m at Hahn Airport, Germany

HAITEC Aircraft Maintenance will invest around €30m at Hahn Airport, Germany, within the next two years,” explains Michael Bock, CEO and Managing Director of HAITEC Aircraft Maintenance GmbH. This amount includes the purchase of the existing hangar 900, the construction of a larger hangar with more than 12,000 m² including offices and shops – ready

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Aerolys, Air et Compagnie and Air Kbz sign with ADSoftware

Over the last 16 years ADSoftware has delivered industry-specific application to more than 50 companies spread over numerous segments such as commercial aircraft, major /national airlines, commuter/regional airlines, fixed based operators, helicopters operators, maintenance and repair organisations, flying school, and continuing airworthiness management organisations. In the last 6 months, three new customers have signed with

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Best Fly Maintenance opens part 145 Line Station in Luanda

Best Fly Maintenance will open a new part 145 Line Station at Luanda International Airport in the fourth quarter of 2014 to offer high quality maintenance services. The new station will offer line maintenance tasks, scheduled and unscheduled maintenance checks for Gulfstream G450/550, Falcon 900, Falcon 7x or Beechcraft King Air family aircraft types. Overall,

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Comlux announces major organizational changes in Comlux America

Comlux The Aviation Group announced several major organizational changes in Comlux America, both on operational and commercial sides. David Edinger is appointed Executive Vice President of Comlux Management and also Board Member of the Comlux Group. Jim Soleo is now taking over David’s duties and is promoted to Chief Executive Officer of Comlux America. Under

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Vx Capital orders second AEI B737-400SF 11 pallet conversion

Aeronautical Engineers reported that Vx Capital Partners has ordered their second AEI B737-400SF passenger to freighter conversion. The aircraft is a high gross weight 737-400 (MSN 28490) built in 1996 and will be converted at Airod Aerospace’s Kuala Lumpur facility, which is one of five authorized AEI Conversion Centers worldwide. This order will bring Vx

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Gogo's Business Aviation Group receives in-flight connectivity certifications in Europe

Gogo released that its business aviation group, Aircell, has received Supplemental Type Certificates (STCs) from the European Aviation Safety Agency (EASA) for installation of in-flight connectivity and entertainment systems aboard Bombardier Challenger 300 business jets. The certifications cover the AVIATOR 300 and UCS 5000 systems.

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Virgin America reports fourth quarter and full year 2013 profit

Virgin America reported fourth quarter 2013 net income of $14.2m, compared to a year ago quarterly loss of $25.0m, an improvement of $39.1m. Operating revenue totalled $359.9m, an increase of 2.7% from the fourth quarter of 2012. Operating income totalled $24m, an increase by $18.4 million year-over-year. Operating margin was 6.6%, an increase of 5.1

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