1 January 2015

Finnair signs Memorandum of Understanding on sale and leaseback of six ATR 72 aircraft

Finnair has signed a Memorandum of Understanding (MoU) with Doric Asset Finance GmbH & Co. KG for the sale and leaseback of six ATR72 aircraft. The transaction is expected to be closed by the end of March 2015. The value of the transaction is approximately €75m. The aircraft included in the arrangement are currently operated […]

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NetJets adds 10 Signature Series Phenom 300s to Embraer aircraft order

Embraer Executive Jets and NetJets, a Berkshire Hathaway company have signed an agreement to convert 10 Signature Series Phenom 300 purchase options into firm orders. At current list prices, this addition to the contract is worth US$89.55m, which will be included in the backlog of the fourth quarter of 2014. In October 2010, a purchase

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Etihad Airways completes investment and acquires 49% equity stake in new Alitalia

Alitalia and Etihad Airways announced the completion of all the formalities related to the transfer of air transport operations from Alitalia CAI to the new Alitalia SAI. Etihad Airways has subscribed and paid for the capital increase of €387.5m for the acquisition of a 49% share in Alitalia SAI. The remaining 51% shareholding is held

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Finmeccanica-Alenia Aermacchi signs contract with Italian Minister of Defence for supply of three M-346 aircraft

Finmeccanica-Alenia Aermacchi and ARMAEREO (Italian National Armaments Directorate) signed a contract worth €120m to provide the Italian Air Force with further three advanced trainer aircraft M-346 (identified as T-346A by the Italian Air Force), with ground base training system and relevant logistic support included. The contract is part of a wider agreement already signed by

Finmeccanica-Alenia Aermacchi signs contract with Italian Minister of Defence for supply of three M-346 aircraft Read More »

China Airlines selects HAECO ITM for Boeing 777-300ER fleet

China Airlines (“CAL”) and HAECO ITM Limited (“HAECO ITM”) have entered into an agreement for a long-term rotables management programme on the airline’s Boeing 777-300ER fleet, covering a range of line-replaceable units (LRUs) and simulator parts. CAL took delivery of its first Boeing 777-300ER in late September and will add another nine of these aircraft

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CarVal Investors signs agreement to acquire majority holding of AerFin Limited

CarVal Investors, a leading global alternative investment manager, signed an agreement to acquire a majority holding of AerFin Limited from its current owner, Bob James. Mr. James will remain as the Managing Director and CEO going forward and will retain 20 percent of the company. “The acquisition of AerFin is a compelling investment in itself

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