19 June 2017

TrueNoord closes financing facility for two Embraer E190 aircraft leased by Air Astana

TrueNoord, the regional aircraft lessor, has closed the final term financing facility with DVB bank and PK AirFinance for the remaining two of the six Embraer E190 aircraft that it purchased from BOC Aviation earlier this year with leases attached. These two aircraft are operated by Air Astana. This new portfolio of six globally operated […]

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GA Telesis closes new US$225m syndicated ABL credit facility

GA Telesis has closed a new five year, US$225m ABL credit facility led by HSBC Securities USA and Fifth Third Bank as Joint Lead Arrangers. The company originally sought a new US$200m facility. Due to overwhelming interest from existing and new banks, however, the company upsized the facility with better terms than its previous credit

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Pratt & Whitney expands PurePower Geared Turbofan engine MRO network

Pratt & Whitney will widen its global network of providers that maintain the company’s revolutionary PurePower Geared Turbofan (GTF) engines to include Pratt & Whitney’s Eagle Services Asia (Pratt & Whitney Singapore Engine Center). The Singapore Engine Center will become one of Pratt & Whitney’s industry leading maintenance, repair and overhaul (MRO) providers located around

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FL Technics and Future Metals to launch a joint spare parts stock in Europe

FL Technics, a global provider of one-stop-shop aircraft maintenance, repair and overhaul services, has expanded its cooperation with a leading supplier of aerospace metals and other materials – Future Metals – by agreeing to set up a stock of metal products in Vilnius, Lithuania. Back in 2015, the US-headquartered Future Metals appointed FL Technics as

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Sabre Corporation makes two significant leadership appointments

In its efforts to strengthen its team to better serve customers in APAC, Sabre Corporation, made two significant leadership appointments this week. Axel Bench is appointed as Regional Director – Asia, and will be responsible for South Asia, North Asia and Southeast Asia. In conjunction with this appointment, the Sabre Airline Solutions business in the

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