TrueNoord, the independent regional aircraft lessor, has secured new investment from existing and new investors. This brings total equity available to nearly US$400 million to expand TrueNoord’s aircraft portfolio and partially refinance the existing fleet as it embarks upon the next phase of growth. It complements a senior secured debt facility of US$500 million which […]
TrueNoord secures further funding to drive growth plans Read More »
UTC Aerospace Systems and Lufthansa Technik have signed a life of program component service agreement for maintenance of Geared Turbofan (GTF) engine accessories integrated and supplied by UTC Aerospace Systems for the A320neo Under this agreement, Lufthansa Technik will develop repair capabilities for certain UTC Aerospace Systems’ GTF engine accessories. UTC Aerospace Systems will provide
UTC Aerospace Systems and Lufthansa Technik sign component service agreement Read More »
AeroCentury Corp., an independent aircraft leasing company, has reported a third quarter net loss of US$4.5 million, compared to a net loss of US$81,000 for the second quarter of 2018 and net income of US$0.4 million, for the third quarter of 2017. The results announced are for the period ended September 30, 2018, and therefore,
AeroCentury reports third quarter 2018 net loss of US$4.5 million Read More »
