4 June 2014

AeroCentury announces new five-year expanded $180m revolving credit facility

Airlines & Routes / Leave a Comment

AeroCentury, an independent aircraft leasing company, has closed a new revolving credit facility. The $180m credit facility replaces the Company’s former $130m facility and can be expanded to $200m. The facility has a five-year term ending on May 30, 2019. The credit facility syndication was led by Union Bank, N.A. as Sole Lead Arranger, Sole […]

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Air Canada President and CEO, Calin Rovinescu, named IATA Chairman

People / Leave a Comment

The International Air Transport Association (IATA) reported that Calin Rovinescu, President and CEO of Air Canada, has assumed his duties as Chairman of the IATA Board of Governors for a one-year term, effective immediately. Mr. Rovinescu succeeds Richard H. Anderson, CEO of Delta Air Lines, whose one-year term expired at the conclusion of the Association’s

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Jet Aviation Singapore opens new hangar

MRO & Production, Top Stories / Leave a Comment

Jet Aviation Singapore announced that it is operating from its new 7,500-m² hangar facility at Seletar Aerospace Park. The company hosted a grand opening celebration on site at the new hangar facility on Saturday, May 31st, 2014. Following a year of construction under a design-build contract with Aircraft Support Industries (ASI), Jet Aviation Singapore hosted an official

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Boeing opens advanced research center in Brazil to develop aerospace technologies

Other News, Top Stories / Leave a Comment

Boeing opened a new research and technology center to work with leading Brazilian researchers and scientists to develop aerospace technologies. The new Boeing Research & Technology-Brazil (BR&T-Brazil) center is focused on sustainable aviation biofuel development, advanced air traffic management, remote sensing, advanced metals and bio-materials, and support and services technologies. The center is located in

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Air Astana extends PBH contract with AJW Aviation for five years

MRO & Production, Top Stories / Leave a Comment

In a move that recognises the dependable on-going power-by-the-hour support provided by AJW Aviation for its fleet of A320, B767 and B757 aircraft over the past six years, Air Astana has extended its contract for a further five year term until April 2019. The new agreement with AJW also covers an additional five A320 aircraft,

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Aviation Technical Services expands Airbus service offerings

MRO & Production, Top Stories / Leave a Comment

Aviation Technical Services (ATS) has expanded its Airbus service offerings with an Airbus 330 modification program for longtime customer Hawaiian Airlines as part of the airline’s previously‐announced Extra Comfort premium economy seating. The interior passenger reconfiguration, which began in 2013, has been installed by ATS on five of the airline’s 12 aircraft to‐date and is

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