The share price for Air France-KLM fell sharply on Monday September 10, after it became apparent it was bidding for the now defunct Aigle Azur which filed for bankruptcy protection on September 2. At the close of trading on Monday, the share price had fallen by 9.8%. While Air France confirmed it had placed a […]
Air France-KLM shares hit hard as bid for failed Aigle Azur becomes public Read More »
Elevate Capital Partners has closed its fourth transaction, wherein it arranged for the acquisition by a large financial institution of three Embraer E195 aircraft (MSN 19000475, 19000660, and 19000662) on lease to Azul Linhas Aéreas Brasileiras S.A. Elevate will serve as asset and lease manager for the duration of the leases with Azul and
Elevate Capital Partners acquires three E195 leases Read More »
MTU Maintenance Zhuhai now has the capability to maintain CFM International LEAP engines. The General Support License Agreement (GSLA) signed between China Southern, MTU Maintenance Zhuhai’s 50/50 joint venture partner alongside MTU Aero Engines, and CFM International will enable the facility to maintain, repair and overhaul LEAP-1A and -1B engines. The first quick-turn LEAP-1B engine
MTU Maintenance Zhuhai to maintain, repair and overhaul LEAP engines Read More »
Horizon Air, a subsidiary of Alaska Air Group, has selected Embraer Aircraft Maintenance Services (EAMS) in Nashville, Tennessee, as the exclusive heavy maintenance provider for the company’s fleet of 30 Embraer E175 aircraft. The multi-year agreement includes airframe maintenance, modifications and repair services provided by Embraer’s portfolio of TechCare solutions. Fittingly, the deal was signed
Horizon Air and Embraer sign heavy maintenance services agreement Read More »
Comlux has placed a new order for an ACJ320neo, re-affirming its role as the largest single customer for the aircraft and taking its total orders for the type to four. The deal means that Comlux has now ordered a total of 20 Airbus corporate jets. Cabin outfitting will be done by Comlux Completion in Indianapolis.
Comlux orders fourth ACJ320neo Read More »
AAR, a leading provider of aviation services to commercial airlines and governments worldwide, and WSU Tech have announced their new aviation maintenance education and training partnership to further enhance instruction, as well as student job experiences and career prospects at AAR upon graduation. AAR’s EAGLE Career Pathway program will expand the curriculum of WSU Tech’s
Demand for aviation workforce fuels AAR and WSU Tech partnership Read More »
Cambodian low-cost carrier Lanmei Airlines has signed up for Rusada’s MRO and Flight Operations software, ENVISION. Lanmei Airlines commenced operations in September 2017 and has since seen a rapid expansion of its fleet and routes. It now serves the destinations of Bangkok, Hong Kong, Macau, Sihanoukville and Palau from its bases in Phnom Penh and
Lanmei Airlines selects Rusada’s ENVISION Read More »
StandardAero has acquired Safe Aviation Solutions (including Safe Fuel, Accel and B&E ACR), formerly the MRO services subsidiary of the B&E Group, which will continue to expand StandardAero’s Components, Helicopters & Accessories (CH&A) division and its portfolio of MRO and component repair services. Terms of the transaction were not disclosed. Houlihan Lokey acted as exclusive
StandardAero acquires Safe Aviation Solutions Read More »
Air Transport Services Group has announced that its Board of Directors has elected Richard F. Corrado, currently chief operating officer, as president of the aircraft leasing and air transport services company, effective September 16, 2019. As president, Corrado will be responsible for goal-setting and oversight of all ATSG businesses. Joseph C. Hete remains chief executive
ATSG elects Richard Corrado as President Read More »
AerCap has selected Acro’s Series 3ST seat for two A320 aircraft. AerCap, a global leader in aircraft leasing and aviation finance and Acro have a long-standing relationship. Acro has supported the lessor for several years with their seating requirements on a range of aircraft leasing programs. On this occasion, AerCap has leased the two A320
Acro’s Series 3ST seats chosen for Onur Air Read More »
