Dubai Aerospace Enterprise (DAE) had been mandated by one of the world’s largest fund managers to source and manage aircraft valued at approximately US$1.4 billion. DAE will acquire the assets and DAE’s Aircraft Investor Services (AIS) platform will manage the assets on behalf of the investor. The multi-year mandate will involve sourcing and managing the …
Skyways Technics A/S, the Danish regional aircraft MRO-specialist for heavy maintenance and spares support services for ATR and CRJ aircraft, has finalized the acquisition of CRJ-200, MSN 7591, along with two additional CF34 engines. Teardown will be carried out at Skyways facilities in Sonderborg, Denmark, starting November 2019. The resulting spares and major components from …
Skyways Technics A/S acquires CRJ-200 for teardown Read More »
Boeing and the U.S. Navy have successfully completed the first test flight of the MQ-25™ unmanned aerial refueler. The MQ-25 test asset, known as T1, completed the autonomous two-hour flight under the direction of Boeing test pilots operating from a ground control station at MidAmerica St. Louis Airport in Mascoutah, Ill., where the test program …
Boeing MQ-25 unmanned aerial refueler completes first test flight Read More »
Astronics Corporation has appointed Tonit Calaway to its Board of Directors, effective September 19, 2019. Ms. Calaway is Executive Vice President, Chief Legal Officer and Secretary of BorgWarner. She was named to that position in August last year after serving as Chief Human Resources Officer since 2016.
Air Lease Corporation (ALC) has delivered one new Airbus A321-200neo LR aircraft on long-term lease to Air Astana. Featuring Pratt & Whitney PW1133G engines, this aircraft is the first of seven A321-200neo aircraft scheduled to deliver to the airline from ALC’s order book with Airbus. Air Astana is the principal airline and flag carrier of …
Air Lease Corporation delivers one new Airbus A321-200neo LR aircraft to Air Astana Read More »
Private equity firm CataCap has agreed to acquire U.K.-based AerFin Holdings from U.S.-based CarVal Investors in partnership with management. AerFin is a leading global specialist in providing cost-saving aftermarket support solutions to the aviation industry. Led by an experienced team of aviation experts, they offer completely bespoke services ranging from whole aircraft and engine sale …
