1 July 2014

Unidentified customer orders up to 24 Bombardier CRJ900 NextGen aircraft

A customer, who has requested to remain unidentified at this time, has placed a firm order for 16 Bombardier CRJ900 NextGen regional jets and has also taken options for eight additional airliners of the same type. Based on the list price for the CRJ900 NextGen aircraft, the firm order is valued at approximately US$727m. The

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Boeing completes delivery of Canadian CH-147F Chinooks

Boeing and the Royal Canadian Air Force celebrated the delivery of the 15th CH-147F Medium-to-Heavy-Lift Helicopter, ensuring advanced operational capability for the Canadian Chinook fleet. The Canadian CH-147F is an advanced, multi-mission helicopter that features a modernized airframe with a long-range fuel system allowing it to fly twice as far as standard range models. An

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BAE Systems announces enhanced partnership with Riyadh Wings

BAE Systems announced a reorganisation of its portfolio of interests in a number of industrial companies in the Kingdom of Saudi Arabia and an enhancement of its existing relationship with Riyadh Wings Aviation Academy (Riyadh Wings). Through a number of transactions, the reorganisation will bring together shareholdings of the BAE Systems group and Riyadh Wings

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GOL closes a US$68m financing of seven years

GOL Linhas Aereas Inteligentes S.A., the largest low-cost and low-fare airline in Latin America, has closed a financing of US$68m with Credit Agricole Corporate and Investment Bank (“Ca-Cib”), guaranteeing 12 proprietary spare CFM56-7B engines, with the possibility of increasing an additional US$100m for future proprietary engine deliveries. The financing is over seven years at a

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Boeing names Craig Cooning President of Network & Space Businesses

Boeing has named Craig R. Cooning president of its Network & Space Systems (N&SS) businesses, effective immediately. Cooning succeeds Roger Krone, who took a position at another company. Cooning had been the vice president and general manager of Space & Intelligence Systems within N&SS. He now reports directly to Chris Chadwick, president and CEO of

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Ducommun wins contract for Boeing 737 MAX

Ducommun Incorporated has received a contract from Boeing to produce engine inlet bulkheads for the 737 MAX — Boeing’s newest family of single-aisle airplanes. Ducommun will produce the titanium assemblies at its Parsons, Kan. operations center and ship them for integration into 737 MAX engine nacelle inlets at Boeing’s new Propulsion South Carolina facility. Ducommun

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Clay Jones to retire from Rockwell Collins Board of Directors on July 31st

The Rockwell Collins Board of Directors announced that Clay Jones will retire from his role as a director and non-executive chairman of the board on July 31st. Anthony Carbone, an independent director and long-time member of the Board, has been appointed Jones’ successor as non-executive chairman effective August 1st.

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Gama Aviation opens private aviation terminal at Sharjah International Airport

Gama Aviation FZE  opened its exclusive executive terminal (FBO) at Sharjah International Airport, creating a full service private aviation hub serving Sharjah, Dubai and the Northern Emirates. The new facility, which is the latest stage of development by Gama Aviation, its investors including Crescent Enterprises, Growthgate Capital, and Sharjah’s Department of Civil Aviation, was inaugurated

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AviaAM Leasing delivers Orenair another Boeing 737 Next Generation

AviaAM Leasing, a WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, is further developing its cooperation with Russian carriers by supporting Orenburg Airlines with another Boeing 737-800 aircraft. Under the cooperation, the aircraft is already the third Boeing 737 NG delivered to the Orenair’s fleet. Prior to the aircraft’s

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