9 June 2014

Element provides $100m multi-aircraft financing for Cargojet

Element Financial Corporation, one of North America’s leading equipment finance companies, has entered into an agreement with Cargojet, to finance three Boeing 767-300ER freighter aircraft for approximately $100m. The transaction will provide the Canadian supplier of air cargo services with additional capacity to support its growing client base.

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Willis Lease and China Aviation Supplies Corp announce engine leasing joint venture

Willis Lease Finance Corporation (WLFC), the premier independent jet engine lessor in the commercial finance sector, and China Aviation Supplies Import & Export Corporation Limited (“CASC”), a Chinese leader in aviation supplies trade, distribution and logistics, announced the launch of CASC Willis Engine Lease Company Limited (“CASC Willis”), a new 50/50 joint venture. The new

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United Airlines launches first nonstop service between U.S. and Chengdu, China

United Airlines launches new nonstop service linking the airline’s San Francisco hub with Chengdu, China, the fourth-largest Chinese city, becoming the first carrier to fly nonstop from the U.S. to mainland China beyond Beijing and Shanghai and the first U.S. carrier to serve Chengdu. United will use the Boeing 787-8 Dreamliner to operate the three-times-weekly

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PART completes maintenance for Presidential B737-500 aircraft

PART, an ARC Aerospace Industries Company, has recently completed maintenance in support of another South America Presidential B737-500 aircraft. The Boeing 737-500 aircraft left PART’s facility on Friday, June 6th after a complete transformation including a C-check and full interior restoration, new paint, along with complete Satcom and IFE upgrade. PART provides Maintenance, Repair, and

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HAECO opens new component MRO facility at Xiamen

Hong Kong Aircraft Engineering Company Limited (HAECO) Group has officially opened a new component MRO facility at Xiamen, in Mainland China called HAECO Component Overhaul , which is a wholly owned subsidiary of the HAECO Group. The initial 1,500 m² component MRO workshop setup has technical capabilities on hydraulic, mechanical, avionic and pneumatic systems across

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AviaAM Leasing delivers another Boeing 737 to Aurora for lease

AviaAM Leasing, a WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has recently delivered the second Boeing 737-500 aircraft to Russian Far East airline Aurora. Prior to the aircraft’s delivery, AviaAM Leasing has conducted a comprehensive set of works, including C-Check, cabin refurbishment and livery change. The Boeing 737-500

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