Bombardier awaits decision after Canada completes aid due diligence

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Bombardiers request for further aid of US$1bn has undergone due diligence from the Canadian government, with an unnamed source confirming that “The due diligence is done. The government is preparing to make an announcement in a matter of weeks, not months.” The additional funds are required for Bombardier’s C-Series development which aims to challenge the […]

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Lufthansa Group increases profit for 2015 significantly

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In 2015, the Lufthansa Group generated revenues of €32.1bn, a 6.8% increase on the previous year. The Adjusted EBIT, the leading indicator of economic success, increased by 55% to €1.8bn. Hence, the result sits within the forecast range defined last October, even including some €100m earnings impact as a result of strikes in the fourth

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India to become third largest aviation market by 2034

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India’s preference for Airbus aircraft was further consolidated in 2015 with 250 new firm orders, lifting market share of orders and the in-service fleet to over 70%. Today some 56% of India’s in service fleet are Airbus aircraft operated by most leading Indian carriers. This includes India’s first A320neo, the first to be delivered in

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RUAG increases profits despite difficult year

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Despite some extraordinary obstacles such as the appreciation of the Swiss franc and export embargoes, RUAG increased its earnings before interest and taxes (EBIT) substantially in 2015, bringing the total to CHF 137m (previous year: CHF 113m). All five divisions operated profitably and contributed to the positive Group result. Owing to the strong Swiss franc,

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Sir Michael Arthur appointed president Boeing Europe

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Boeing announced a regionalized leadership structure in Europe, to streamline its corporate presence and drive business growth. The new structure aligns Boeing corporate leaders across the Continent into a unified team and integrates the company’s strategy development and government affairs initiatives at a regional level. Sir Michael Arthur, president of Boeing United Kingdom and Ireland,

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Air India to become A320neo operator

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Air India and Alafco have signed a lease agreement for the lease of 14 A320neo aircraft at the Hyderabad airshow in India. With this agreement Air India will benefit from A320neo’s 15 per cent fuel burn reduction, reduced noise and environmental footprint, while offering its passengers the best in class comfort. Today Air India already

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AviaSeven joins global community of OASES users

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Commsoft reported that AviaSeven has signed a 5-year contract for 10 concurrent users of OASES. Although based in Greece, AviaSeven is focused on the provision of EASA-level aircraft technical services across Africa, a continent in which Commsoft is seeing significant growing demand for its flagship MRO IT system. In addition to announced customers Kenya Airways

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Lufthansa Technik opens first Australian Cyclean Engine Wash service station

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Lufthansa Technik AG opened its first Australian Cyclean Engine Wash Service Station in Melbourne. Lufthansa Technik now offers its Cyclean engine wash service around the world: In North and South America, in Europe, in the Middle East, in Asia, and now in Australia. The Cyclean Engine Wash facility at Melbourne Airport is mounted in a

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ATS introduces Aviation Services

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Advanced Technology Services (ATS) launched ATS Aviation Services. The new division will focus on the needs of the aviation maintenance and parts industry, providing the same full solution approach that has made ATS a valued partner to companies including Borg Warner, Caterpillar, Cooper Tires, Eaton, Georgia Pacific, Panasonic and USG. ATS Aviation Services will fill

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Burnham Sterling closes eight aircraft private placement with Avianca Holdings

Aircraft & Engines / Leave a Comment

Burnham Sterling Securities, an investment bank specializing in transportation asset finance, has acted as lead arranger and sole book runner in a privately placed transaction for Avianca (AVH), Latin America’s second largest airline, for eight aircraft, including six Airbus A320 family and two Boeing 787 aircraft. The transaction utilized the Enhanced Aviation Investment Vehicle (EAIV)

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Bombardier awaits decision after Canada completes aid due diligence

Lufthansa Group increases profit for 2015 significantly

India to become third largest aviation market by 2034

RUAG increases profits despite difficult year

Sir Michael Arthur appointed president Boeing Europe

Air India to become A320neo operator

AviaSeven joins global community of OASES users

Lufthansa Technik opens first Australian Cyclean Engine Wash service station

ATS introduces Aviation Services

Burnham Sterling closes eight aircraft private placement with Avianca Holdings

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17 March 2016

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