5 August 2015

More seats but shorter range for Boeing’s new jet specifications

In a move that follows close on the heels of Airbus’ announcement regarding new seating configurations which show increased numbers, Boeing have indicated they will be increasing their seat numbers on wide-body jets, meaning that Boeing’s biggest plane, the 747-8, will no longer be its largest in terms of standard capacity. The 777-9X, which is […]

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CMB Financial Leasing refinances China Southern aircraft with bank syndicate

CMB Financial Leasing has announced the closing of a financing facility for the refinancing of 3 aircraft currently in its fleet. The aircraft portfolio – consisting of one A330-300, one 737-800 and one A320-200 – are currently on long-term finance leases to China Southern Airlines. CMB Financial Leasing mandated Morgan Stanley and DVB Bank as

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Panasonic dials up inflight Wi-Fi with 800th exconnect installation

Panasonic Avionics has delivered its 800th aircraft equipped with its global broadband connectivity service, eXConnect. The company expects to deliver its 1,000th connected aircraft by the end of 2015. The system, which was installed on a B757-200 aircraft, was delivered mid-July to United Airlines. In addition to being the 800th aircraft equipped with eXConnect, the

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Nordic Aviation Capital raises capital for further expansion

EQT VI has agreed to acquire a majority stake of Nordic Aviation Capital A/S, a lessor of turboprop aircraft for the global airline industry, and enter into a partnership with Martin Møller, NAC’s founder and Chairman. Martin Møller will continue as Chairman of the Company, and will remain a significant shareholder and will contribute around

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CTC Aviation providing Boeing simulator services to Norwegian

Airline pilot training and resourcing company CTC Aviation has announced a new five-year simulator usage agreement with one of Europe’s leading low-cost airlines, Norwegian. The new contract will support the airline’s expanding training requirements up to 2020. CTC Aviation is providing Norwegian with the use of their newest simulator – a Boeing 737-800W full-flight, modular

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STG Aerospace demonstrates holistic cabin lighting with first combined saf-Tglo SSUL and liTeMood installation

STG Aerospace announced the completed installation of a saf-Tglo SuperSeal UltraLite (SSUL) emergency floorpath marking system with OverCarpet and a liTeMood LED cabin lighting system on the Boeing 757-200 operated by DreamJet trading as La Compagnie. La Compagnie operates scheduled flights to New York from both Paris and London, business class only. The 757 aircraft’s

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Avolon reports 83% increase in second quarter adjusted net income

Avolon, the international aircraft leasing company, posted results for the second quarter of 2015 with net income up 133% to US$56m versus the second quarter in 2014, while adjusted net income was up 83% to US$62m versus the previous year. Avolon reported that it sold three aircraft in the second quarter, with a net book

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Skyworld Aviation arranges ERJ 145 lease extensions

On behalf of Swedish investment firm Cymus Holding AB, Skyworld Aviation has arranged the lease extensions relating to two ERJ 145 EP’s, serial numbers 145169 and 145185, operating with Aerodynamics, based in Atlanta, Georgia. The lease extensions were negotiated with ADI’s new owner, ADI Acquisition, a special purpose company set up by the owners of

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DVB Bank closes refinancing facilities for up to eight aircraft

DVB Bank, a leading international transportation finance specialist, closed refinancing facilities for up to eight aircraft on behalf of global aircraft lessor AWAS. The facilities included five Airbus single and twin aisle aircraft & three single aisle Boeing aircraft covering terms of 3 to 4 years. DVB Bank acted as sole arranger, agent and underwriter

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