Having ceased trading last month, Monarch Airlines (MAL) is in the process of ‘losing’ its most valuable asset, runway slots, which its administrators had hoped to exchange with other carriers in a bid to raise cash for its creditors. The problem lies in the fact that Monarch does not own the take-off and landing slots, […]
Monarch loses battle to retain valuable slots Read More »
Boeing and CDB Aviation have finalized an order for 42 737 MAX 8s, 10 737 MAX 10s and eight 787-9 Dreamliners. The order puts the 737 MAX program over 4,000 orders total. The order, valued at US$7.4bn at current list prices, was announced as a Memorandum of Understanding (MOU) at the 2017 Paris Air Show.
Boeing, CDB Aviation finalize order for 52 737 MAXs and eight 787 Dreamliners Read More »
West Star Aviation has acquired MSP Aero, a Minneapolis-based company working with avionics, interiors, minor paint and window restoration at KMSP and surrounding areas. Founded in June of 2009, MSP Aero was created to provide uninterrupted avionics services to area flight departments and received their FAA Part 145 Certified Repair Station certificate by December 2009.
West Star Aviation acquires Minneapolis-based MSP Aero Read More »
Texas-based aircraft lease-finance specialist Spectre Air Capital has purchased six 737-700s (former Xiamen) for conversion to freighter by Israel Aerospace Industries (IAI).
Spectre Air Capital purchase six 737-700s for conversion to freighter Read More »
Adams Rite Aerospace (ARA) and MSI Aircraft Maintenance Services International (MSI) have announced the additional repair capability at their Dubai facility to support the A380 lavatory water system. These additional components complement the existing capability in the Dubai facility to support the ARA water systems in the Middle East Region. MSI is an Adams Rite
ARA and MSI to support A380 lavatory water system Read More »
AeroCentury an independent aircraft leasing company, has reported third quarter 2017 earnings of US$385,000 compared to US$356,000 in the second quarter of 2017 and compared to US$530,000 in the third quarter of 2016. In the first nine months of 2017, net income grew 10% to approximately US$1.4m from approximately US$1.3m in the first nine months of
AeroCentury reports third quarter earnings of US$385,000 Read More »
Boeing and China Aviation Suppliers Holding Company (CASC) have signed an agreement for 300 airplanes during a ceremony in Beijing, which was part of the United States trade mission to China. The agreement includes orders and commitments for 300 Boeing single-aisle and twin-aisle airplanes. The airplanes are valued at more than US$37bn at list prices.
Boeing and CASC sign agreement for 300 airplanes Read More »
The Finnish Competition and Consumer Authority has approved the transaction in which Finnair acquires 60% of the shares in Nordic Regional Airlines AB from StaffPoint Holding Oy and Kilco Oy. The transaction is expected to close in November 2017, and thereby Norra will transfer to Finnair’s full ownership on an interim basis. Finnair aims to
Norra transaction approved by The Finnish Competition and Consumer Authority Read More »
Juneyao Airlines, a subsidiary under Juneyao Group, reached an agreement with GE to order GEnx-1B engines to power its 10 Boeing 787-9 aircraft. The engine order is valued at US$1.4bn (list price) and includes a 15-year TrueChoiceTM overhaul agreement with GE Aviation for the time and material to repair and overhaul of these engines. The
Juneyao Airlines orders GEnx engines for its B787 fleet Read More »
Morten Beyer & Agnew (mba) was retained by Wings Capital Partners to provide Aircraft Appraisals, Maintenance Cash Flow Modeling, and Commercial Industry Analysis for notes issued by WAVE 2017-1 USA LLC and WAVE 2017-1 Limited. The portfolio consists of nineteen assets, containing a mix of eighteen narrowbody and one widebody aircraft, currently on lease to
