Bombardier has launched an offering of US$900m aggregate principal amount of new Senior Notes due 2024 (the Notes). The net proceeds of the offering are expected to be used to finance a tender offer (the Tender Offer) for all US$600m aggregate principal amount outstanding of Bombardier’s 4.75% Senior Notes due 2019 (2019 Notes) and the …
Bombardier to launch new issuance of Senior Notes due 2024 Read More »
Aerospace Engineering Solutions (AES), a UK based aerospace design and certification organisation, has developed a retrofit solution for the Low Frequency Underwater Locator Device (LF-ULD) for Airbus and Boeing aircraft single aisle aircraft family. By January 1st, 2019, all aircraft with a maximum take‐off mass of over 45,000 kg operating over oceanic areas are to …
Airbus has been selected by Singapore Airlines (SIA) to provide cabin retrofit services for 14 A380 aircraft currently in service with the carrier. The retrofit programme, which will be undertaken at SIA Engineering Company in Singapore, will see the airline’s recently launched cabin products installed on the aircraft. The new cabin products will debut on …
Singapore Airlines selects Airbus for A380 retrofit programme Read More »
Singapore Technologies Aerospace (ST Aerospace) has been awarded a 15-year contract for Boeing 787 aircraft component support by Gulf Air. Under the agreement, ST Aerospace will provide comprehensive component Maintenance-By-the-Hour (MBH™) support covering component exchange, repair, overhaul, modification, reliability monitoring and logistics services for Gulf Air’s new fleet of Boeing 787-9 aircraft. ST Aerospace provides …
ST Aerospace secures 15-year contract for 787 aircraft component support for Gulf Air Read More »
U.S. Naval Air Systems Command (NAVAIR) awarded GE Aviation a US$143,481,258 Low-Rate Initial Production (LRIP) contract to build 22 T408-GE-400 engines that will power the U.S. Marine Corps’ CH-53K King Stallion helicopters. This contract follows the April 4, 2017 Milestone C decision by the Defense Acquisition Board (DAB) approving LRIP production. After completing a series …
Avolon, the international aircraft leasing company, has announced the re-pricing and partial repayment of its US$500m Term Loan B-1 (TLB-1) facility. The TLB-1 facility, with a September 2020 maturity, was originally priced in March 2017 at LIBOR plus 2.25% with a LIBOR floor of 0%. The facility has now been repriced at LIBOR plus 1.75% …
Avolon announces re-pricing & partial repayment of US$500m Term Loan B-1 facility Read More »
Boeing and Aircraft Philipp Group GmbH have signed a five-year contract to manufacture machine parts for the global fleet of the H-47 Chinook heavy-lift helicopter at its facilities in Bavaria and Baden-Württemberg. This is the first Boeing contract with Aircraft Philipp Group, which joins Boeing’s significant supplier base of more than 35 companies in Bavaria …
Aircraft Philipp Group of Germany receives five-year contract from Boeing Read More »
Bombardier Commercial Aircraft’s Market Forecast 2017-2036 for Latin America predicts that overall traffic is expected to grow 5.1% annually and intra-regional traffic to grow slightly more than the world average at 5.6% annually over the next 20 years. Total deliveries in the 60- to 150-seat marked segment to Latin America are expected to number 1,050 …
