Mesa Air Group has closed on a $30m working capital draw loan through Tennenbaum Capital Partners. The funds are available for up to two years and have a five year term. The funds will be used to support current aircraft purchases and growth-related expenses as well as anticipated future growth opportunities. In the past sixteen […]
Mesa Air Group completes $30m working capital draw loan Read More »
Singapore Technologies Aerospace’s (ST Aerospace) VIP completions brand ‘AERIA Luxury Interiors’ (AERIA) has secured a nose-to-tail cabin completion contract for a wide-body VIP aircraft, from an undisclosed customer. This follows shortly after clinching a green aircraft completion deal for a VIP 737 BBJ in February this year. The aircraft interior will be elegantly designed by
ST Engineering’s Aerospace arm secures wide-body VIP completion contract Read More »
The Brazilian Civil Aviation Agency (Agência Nacional de Aviação Civil – ANAC) granted type certification for the Legacy 500 executive jet during a ceremony at the Latin American Business Aviation Conference and Exhibition (LABACE), in São Paulo, Brazil. Embraer expects to receive certification from the FAA (Federal Aviation Administration) in the upcoming weeks and certification
Embraer’s Legacy 500 Executive Jet awarded Brazilian certification Read More »
Surf Air announced a total order of up to 65 new Pilatus aircraft (15 firm orders and 50 options) to be delivered over the next five years, with a total order value of approximately $312m. The first 15 aircraft are being financed by a $65m senior facility from White Oak Global Advisors, alongside an additional
Surf Air places order for largest Pilatus PC-12 fleet with 65 new aircraft Read More »
Airstream International Group has arranged, on behalf of a large US based Lessor, the dry lease of one DHC-8-Q300, MSN557 (8Q-IAK), to Island Aviation Services of the Maldives. MSN557 was previously owned and operated by Caribbean Airlines before being purchased by the lessor in 2013 as part of a five aircraft package, a transaction that
Airstream arranges lease of one DHC-8-Q300 Read More »
As the European launch customer of the next-generation Airbus A350 XWB (extra wide body) aircraft, Finnair has completed the cabin design of its new flagship longhaul product due to enter service next year. Created by top Helsinki firm dSign Vertti Kivi & Co, also the designer of Finnair’s new Premium Lounge at Helsinki Airport, the
Finnair reveals cabin design for next-generation Airbus A350 XWB aircraft Read More »
AeroCentury, an independent aircraft leasing company, reported its operating results for the second quarter ended June 30, 2014. The Company reported a net loss of $3.9m for the second quarter of 2014, compared to net income of $1.3m for the second quarter of 2013.  The Company reported a net loss of $3.6m for the first
AeroCentury reports second quarter 2014 results Read More »
