23 June 2016

SkyQuest International sells and delivers 1978 Fairchild Metro II SA226-TC aircraft to SkyCare Air Ambulance

SkyQuest International, LLC is pleased to announce the sale and delivery of one 1978 Fairchild Metro II SA226-TC aircraft (Serial Number: TC-274, Registration: N274FS) to SkyCare Air Ambulance in Sioux Lookout, Ontario, Canada. The Metro has become one of the more popular 19 seat commuter aircraft, evolving from the original Swearingen Merlin I and manufactured […]

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ATLAS Active Winglets certification for Citation M2

Tamarack Aerospace has received a Supplemental Type Certificate (STC) approval from the European Aviation Safety Authority (EASA) for its ATLAS Active Winglets on the Cessna Citation M2 light jet. With the CJ, CJ1 and CJ1+ certified in December 2015, this brings the total number of Cessna models approved for Tamarack’s ultra-efficient winglets up to four.

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TransDigm completes acquisition of Data Device Corporation

TransDigm Group Incorporated (TDG) has completed the acquisition of ILC Holdings, the parent company of Data Device Corporation, from Behrman Capital for a total purchase price of US$1.0bn in cash. TransDigm financed the acquisition with cash proceeds from the recently completed term loan and notes offerings. The acquisition of DDC was previously announced on May

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HAITEC receives EASA Part-147 training approval

HAITEC Aircraft Maintenance was granted the EASA Part-147 approval. “As a certified training organization, HAITEC now provides A320 B1 CFM56 theoretical and practical type training. The training sessions are provided by a team of experts with profound experience in the aviation industry,” explains Frank Rott, CEO of HAITEC. HAITEC received the Part-147 approval just a

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SR Technics extends its cooperation with easyJet in Malta

SR Technics has signed a five year extension on its maintenance cooperation agreement in Malta with easyJet. The contract will commence October 2016, and SR Technics will perform base and heavy maintenance along with cabin retrofits for easyJet’s narrow-body aircraft in Malta. In parallel, SR Technics will perform a stand-alone line of cabin retrofits over

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€175m revolving credit facility for Finnair

On 22 June 2016, Finnair Plc signed a binding €175m syndicated revolving credit facility for general corporate purposes. The coordinator and bookrunner for the facility is Skandinaviska Enskilda Banken AB (publ). Danske Bank, Nordea Bank, OP Corporate Bank and Swedbank AB (publ) also joined with equal tickets. The loan replaces a syndicated revolving credit facility

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Precision Aircraft Solutions completes third freighter conversion for DHL since May

Precision Aircraft Solutions has completed its third freighter conversion for DHL since May, bringing its DHL total to four for the year so far. The 757-200 aircraft, MSN 29330, will join Precision’s previous two conversions in European Air Transport Leipzig Airline (EAT), the largest of three airlines with dedicated service to the European, Middle Eastern

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