12 July 2017

Successful closing of AWAS PDP transaction, with Stellwagen Finance acting as sole arranger

Stellwagen Finance has closed a Pre-Delivery Payment (PDP) financing facility for AWAS relating to five Boeing 737 Max 8 aircraft expected to be delivered to the lessor via a purchase leaseback transaction with one of its valued airline customers. Stellwagen Finance was the sole arranger sourcing funds from institutional investors for the facility. Simon Glass,

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AerCap leased, purchased and sold 108 aircraft in second quarter 2017

AerCap Holdings has reported its major business transactions during the second quarter 2017: AerCap has signed lease agreements for 65 aircraft, including 18 widebody and 47 narrowbody aircraft and has purchased 11 aircraft, including 8 Airbus A320neos, 1 Airbus A321neo and 2 Boeing 787-9s. The company executed sale transactions for 32 aircraft, including 2 Airbus

AerCap leased, purchased and sold 108 aircraft in second quarter 2017 Read More »

Spirit AeroSystems creates 3- and 4-axis fabrication center of excellence at McAlester, Okla., facility

Spirit AeroSystems has reported the creation of a 3- and 4-axis machining center of excellence at its McAlester, Okla., facility. The center will accommodate new detailed parts fabrication work in the global aerostructures market, while also supporting current customer contracts. The purchase and installation of new equipment in McAlester includes 18 new machines purchased from

Spirit AeroSystems creates 3- and 4-axis fabrication center of excellence at McAlester, Okla., facility Read More »

Delta TechOps signs US$750m engine maintenance contract with ATSG

Delta TechOps — Delta Air Lines’ maintenance division and its maintenance, repair and overhaul (MRO) provider business, has entered into a new 12-year, US$750m CF6-80 A/C2 engine maintenance contract with Air Transport Services Group, subsidiaries ABX Air, Air Transport International and Cargo Aircraft Management. The new exclusive deal will support ATSG’s growing fleet of Boeing

Delta TechOps signs US$750m engine maintenance contract with ATSG Read More »

Birmingham Airport speeds passenger check-in with new Rockwell Collins self-service bag drop solution

Rockwell Collins has implemented new bag drop solutions at Birmingham Airport that are already reducing queue times. The new system allows travelers to self-tag their bags and streamlines the departure process by maximizing efficiency on the terminal floor. “The self-bag drop solution from Rockwell Collins is providing our passengers with the services they need to

Birmingham Airport speeds passenger check-in with new Rockwell Collins self-service bag drop solution Read More »

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