November 14, 2014

Why EASA airspace safety warnings regarding Egyptian airspace may not be enough

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The European Aviation Safety Administration (EASA) has forewarned airlines and regulators that a “significant risk” to civil aircraft operating through Egyptian airspace exists. On Thursday 13th November, the EASA issued a bulletin regarding the increasingly perilous situation in the Sinai Peninsula: “Due to ongoing insurgent activity, operators of civil aircraft should be aware of the […]

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AeroTurbine refinances credit facility and increases size to US$550m

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AerCap Holdings’ subsidiary AeroTurbine signed an amendment and extension of its credit facility which increases the size from US$430m to US$550m and extends the maturity of the facility to the fourth quarter of 2019. The credit facility amendment was led by Crédit Agricole CIB, the incumbent administrative agent. Other joint book runners included Morgan Stanley,

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AeroCentury reports third quarter net loss of US$8.2m

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AeroCentury Corp., an independent aircraft leasing company, reported its operating results for the third quarter ended September 30th, 2014. The Company reported a net loss of US$8.2m for the third quarter of 2014, compared to net income of US$4.0m for the third quarter of 2013. The Company reported a net loss of US$11.8m for the

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MTU Aero Engines and General Electric sign agreement covering GEnx maintenance

MRO & Production, Top Stories / 1 Comment

MTU Aero Engines has concluded a strategic agreement with U.S. engine manufacturer GE Aviation on the maintenance, repair and overhaul (MRO) of the GEnx turbine center frame (TCF). The contract makes MTU the provider of MRO services for GEnx TCFs within the GE Aviation network. The GEnx powers the Boeing 787 Dreamliner and is the

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Embraer forecast 700 new deliveries of up to 130-seat jets in Latin America over the next 20 years

Aircraft & Engines, Top Stories / Leave a Comment

Embraer Commercial Aviation forecasts that airlines in Latin America will take delivery of 700 new jets in the 70 to 130-seat segment over the next 20 years, representing 11% of the worldwide demand for the segment in the period. It is estimated that 63% of these units will support growth and 37% will replace older-generation

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Airbus A320 joins fleet of Batik Air

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Indonesia’s Lion Group has celebrated the delivery of its first three Airbus aircraft at a special ceremony in Toulouse on November 13th. The aircraft are the first from an order placed by Lion Group in March 2013 for 234 A320 Family aircraft, comprising 109 A320neo, 65 A321neo and 60 A320ceo. The initial batch of A320s

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Chinese private operator orders an AW119Kx helicopter

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Finmeccanica – AgustaWestland and Sino-US Intercontinental announced the sale of an AW119Kx single engine helicopter to a private operator in China. The aircraft will be delivered by the end of this year and will be used to perform passenger transport operations in the country. This latest contract further expands the presence of AgustaWestland commercial helicopters

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B/E Aerospace appoints James F. Albaugh to Board of Directors

People / Leave a Comment

B/E Aerospace announced the appointment of James F. Albaugh to its Board of Directors effective as of November 14th, 2014. Mr. Albaugh has been a Senior Advisor to The Blackstone Group since December 2012. Prior to that, he was president and chief executive officer of Boeing’s Commercial Airplanes business unit and a member of Boeing’s

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Why EASA airspace safety warnings regarding Egyptian airspace may not be enough

AeroTurbine refinances credit facility and increases size to US$550m

AeroCentury reports third quarter net loss of US$8.2m

MTU Aero Engines and General Electric sign agreement covering GEnx maintenance

Embraer forecast 700 new deliveries of up to 130-seat jets in Latin America over the next 20 years

Airbus A320 joins fleet of Batik Air

Chinese private operator orders an AW119Kx helicopter

B/E Aerospace appoints James F. Albaugh to Board of Directors

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14 November 2014

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