July 17, 2017

NAC closes US$350m Unsecured Syndicated Revolving Credit Facility (RCF)

Nordic Aviation Capital (NAC) has successfully closed a US$350m Unsecured Syndicated Revolving Credit Facility (RCF). The initial credit facility was arranged by Citi Global Transportation Banking and was supported by BNP Paribas, Crédit Agricole, and Deutsche Bank. The RCF has a 3-year term, and the proceeds will be used to refinance aircraft as well as […]

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easyJet to protect post-Brexit interest through new Austrian company

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In a move to protect its ability to operate between fellow EU countries after the UK leaves the EU in March 2019, easyJet is looking to create a new company, easyJet Europe, which will be based in Vienna. Currently the low-cost carrier is headquartered in Luton, U.K., 30 miles from London. The budget airline must

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IAI and Honeywell will jointly develop GPS Anti-Jam Navigation System

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Israel Aerospace Industries (IAI) and Honeywell Aerospace have signed a Memorandum of Understanding (MOU) to jointly develop an advanced GPS Anti-Jam navigation system. As part of the MOU, IAI and Honeywell are aiming to engineer, manufacture and market a combined GPS Anti-Jam combined solution. The new technology will combine IAI’s existing ADA GPS Anti-Jamming system

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Global 7000 aircraft program surpasses 500 flight test hours

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Bombardier Business Aircraft has released that its Global 7000 aircraft flight test program is progressing as planned and has surpassed the 500-hour milestone. With three flight test vehicles (FTVs) in flight testing and two remaining FTVs to join shortly, the Global 7000 aircraft program is on track to meet the aircraft’s targeted entry-into-service in the

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Boeing Shanghai signs first maintenance agreement with SF Airlines

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Boeing Shanghai Aviation Services (Boeing Shanghai) has signed a maintenance agreement with Chinese-based SF Airlines for its Boeing Classic 737 and 767-300 freighters. With this contract, Boeing Shanghai has made a major step forward to expand its aircraft maintenance services in the fast-growing Chinese cargo market. The first airplane is already undergoing a C-check in

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FAA and CAA Singapore sign Maintenance Agreement Guidance

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The Federal Aviation Administration (FAA) has signed a Maintenance Agreement Guidance (MAG) with the Civil Aviation Authority of Singapore (CAAS), which will permit mutual surveillance conducted on certified repair stations located overseas for each of the agreement partners. The agreement means that where there are sufficient certificated facilities in both partner countries, Maintenance Implementation Procedures

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EL AL Israel Airlines and Lufthansa Technik sign comprehensive, long-term agreement

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The Israeli airline EL AL Israel Airlines and Lufthansa Technik have signed a comprehensive, long-term agreement. In the frame of a 15-year Total Component Support (TCS) contract, Lufthansa Technik will ensure the global and prompt component supply of the carrier’s future Boeing 787 fleet. EL AL has ordered a total of 16 Dreamliners, with the

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AWAS to lease two Airbus A320 aircraft to Air Guilin

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AWAS and Air Guilin have completed the lease agreements for two Airbus A320 aircraft. These modern, fuel efficient planes will be delivered in 2018 and are part of a direct order AWAS has with Airbus. Both aircraft will come equipped with CFM 56-5B4/3 PIP engines. This latest addition to the Air Guilin A320 family fleet

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Air BP appoints Matt Elliott as Chief Commercial Officer

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International aviation fuel products and services supplier, Air BP, has appointed Matt Elliott as Chief Commercial Officer. He will be based at Air BP’s global headquarters in Sunbury on Thames, UK and starts his new role July 17, 2017. Mr. Elliott will be responsible for Air BP’s global sales and marketing strategy, global supply strategy

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Batik Air to drive new growth with Sabre as first-ever GDS partner