16 October 2015

BOC Aviation signs agreement to sell 24 aircraft

BOC Aviation signed an agreement to sell a portfolio of 24 aircraft to Shenton Aircraft Investment I Ltd. and affiliates (“SHNTN 2015-1”). To finance a portion of the purchase of the aircraft portfolio, SHNTN 2015-1 has issued two tranches of notes, comprising US$747.4mn of 4.75% Series A notes (A, Standard & Poor’s / Fitch Ratings) […]

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Inaugural flight of MRJ sees Mitsubishi eyeing European market

After the postponement from June this year, Mitsubishi Aircraft has confirmed the time for the new maiden flight as between October 26th and 30th, the exact date being released one day in advance of the actual flight. A subsidiary of Mitsubishi Heavy Industries, Mitsubishi Aircraft have designed the Mitsubishi Regional Jet (MRJ) with between 70

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Vector Aerospace ready to assist operators with PW100SMARTSM service offerings

Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, is pleased to announce its support of the new PW100SMARTSM range of service offerings introduced by Pratt & Whitney Canada (P&WC) for PW100 turboprop operators. The PW100SMARTSM suite of offerings is designed to help operators keep their aircraft flying with predictable

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Avcorp awarded Lockheed Martin contract for expanded scope on F-35 outboard wing

Avcorp Industries has been awarded its first purchase contract from Lockheed Martin. The scope of this agreement will complement Avcorp’s existing manufacturing of the F-35 Carrier Variant (“CV”) Outboard Wing (“OBW”) integrated assembly. Avcorp has been manufacturing OBW assemblies under a long-term contract with BAE Systems since 2011. The additional Lockheed Martin purchase contract will

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ATL Partners and PSP Investments launch aviation leasing platform

ATL Partners, an aerospace and transportation focused private equity firm, is partnering with the Public Sector Pension Investment Board, one of Canada’s largest pension investment managers, to form SKY Leasing. As part of the transaction, SKY Leasing will acquire certain assets of Sky Holding Company (“SHC”) controlled by leasing industry veteran Richard Wiley. Mr. Wiley

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Gulfstream G500 surpasses 100 flight hours

Gulfstream Aerospace released that the G500 has achieved several flight-test milestones, including surpassing more than 100 hours of flight. The accomplishments come just 12 months after Gulfstream announced the all-new G500 and G600 aircraft programs in an Oct. 14th, 2014, ceremony at its Savannah headquarters. As of Oct. 13th, 2015, the G500 flight test aircraft

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Air Atlanta Aviaservices leverages Quantum Control MRO and Logistics Software to foster growth

Air Atlanta Aviaservices, a provider of component maintenance, repair and overhaul (MRO) services, utilized Quantum Control MRO and Logistics software to help grow its operations. Located near Gatwick Airport in Crawley, UK, Air Atlanta Aviaservices has expanded its user base from 20 to 38, and added a second database for its parts sales facility in

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