March 24, 2019

TransDigm completes acquisition of Esterline Technologies

TransDigm Group Incorporate has successfully completed the acquisition of Esterline Technologies Corporation, a supplier of products to the global aerospace and defense industry. Under the terms of the merger agreement, Esterline shareholders will receive US$122.50 per share in cash, without interest. The transaction is valued at approximately US$4.0 billion in total consideration, including the assumption […]

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Officials from three American carriers visit Boeing to assess 737 MAX upgrade

Aircraft & Engines, Top Stories

With Boeing 737 MAX jets still grounded worldwide, representatives from Southwest Airlines Co, American Airlines and United Airlines who respectively operate 34, 24 and 14 MAX jets, visited Boeing’s plant at Renton, Washington this weekend, which is a clear indication that the software patch the plane maker is creating is nearing completion. According to a

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Sikorsky-Boeing SB 1 DEFIANT™ helicopter achieves first flight

Military & Defense

The Sikorsky-Boeing SB 1 DEFIANT™ helicopter achieved first flight on March 21, at Sikorsky’s West Palm Beach, Fla., site. The aircraft, developed by Sikorsky, a Lockheed Martin Company and Boeing, will help inform the next generation of military helicopters as part of the U.S. Army’s Future Vertical Lift program. With its two coaxial main rotors

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Air Côte d’Ivoire chooses AFI KLM E&M component support for A319-100 aircraft

MRO & Production

AFI KLM E&M and Air Côte d’Ivoire have signed an agreement covering component support for the Ivoirian carrier’s four A319-100s and two A320-200s. The contract covers the future A319neo and A320neo aircraft scheduled to join Air Côte d’Ivoire fleet from 2020. The services delivered by AFI KLM E&M include repairs, spares pool access, the provision

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Nordic Aviation Capital successfully completes Senior unsecured private placement

Financial

Nordic Aviation Capital (NAC) has successfully completed its third Senior Unsecured Private Placement issuance. The issuance was launched at US$250 million and was substantially oversubscribed allowing NAC to source a total of US$786.25 million. The new transaction consists of five and seven year tranches, with the proceeds being used to refinance aircraft within NAC’s portfolio.

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JetBlue introduces all-new, ultra-comfortable and fully connected Airbus A320 aircraft

Airlines & Routes

JetBlue’s newest cabin experience has entered into service, bringing to the skies the widest seats available for this aircraft, custom-designed seatback inflight entertainment (IFE) with 100+ channels of DIRECTV and hundreds of free movies and shows, ability to pair your mobile device to the screen, easy-to-reach power sources at every seat, and expanded coverage of

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Planet Nine Private Air places fourth Falcon 7X into service

Aircraft & Engines

Planet Nine Private Air, the Van Nuys, California based private charter operator and aircraft management company, has added its fourth ultra long-range Dassault Falcon 7X aircraft to its Part 135 certificate. The aircraft, registration no. N996MS, is a low-time aircraft with less than 500 hours flown. It is offered with the distinctive Planet Nine 14-seat

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CRENO delivers 20th large CNC machine in China to AVIC

MRO & Production

CRENO, one of the leaders in high tech machining solutions, pursues its development in China as it prepares to deliver to AVIC, the Chinese OEM, a 2 in 1 computer numerical control capable of machining composite parts as well as cutting honeycomb ultrasonically. Specialized in the aeronautics industry, a high consumer of composites, CRENO will

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