6 January 2020

Bain Capital Credit to invest in Atlas Air Worldwide’s Titan Aircraft Leasing business

Titan Aviation Holdings – a subsidiary of Atlas Air Worldwide Holdings – and Bain Capital Credit have entered into an agreement to form a joint venture to develop a diversified freighter aircraft leasing portfolio with an anticipated value of approximately US$1 billion. The long-term joint venture aims to capitalize on demand for cargo aircraft, underpinned

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Spirit Airlines appoints Matt Klein as Executive Vice President and Chief Commercial Officer

Spirit Airlines’ Board of Directors has promoted Matt Klein to the position of Executive Vice President and Chief Commercial Officer (CCO). In this role, Klein will oversee Marketing, Pricing & Revenue Management, Network Planning & Scheduling, and Commercial & Operational Analytics. He joined Spirit in August 2016 as Senior Vice President and CCO. Klein has

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Bombardier delivers fully equipped Learjet 75 aircraft to Holand Automotive Group

Bombardier has delivered a fully equipped Learjet 75 aircraft to Montreal-based leasing firm Holand Automotive Group. Holand Automotive Group, which already owns and operates another Learjet 75 aircraft, will make this newest Learjet 75 aircraft available for charter out of Montreal. This fully equipped, reliable light jet is ideally suited for eight passengers. It features

Bombardier delivers fully equipped Learjet 75 aircraft to Holand Automotive Group Read More »

Embraer KC-390 Millennium airlifter successfully concludes airdrop testing campaign

The KC-390 Millennium new-generation multi-mission medium airlifter has successfully concluded the testing campaign for gravity airdrop and extraction drop of heavy loads by the use of the Container Delivery System (CDS) and Low Velocity Air Drop (LVAD), respectively. The KC-390 Millennium has a fully automated Cargo Handling and Aerial Delivery System on the cargo compartment,

Embraer KC-390 Millennium airlifter successfully concludes airdrop testing campaign Read More »

Airbus delivers 863 aircraft in 2019 and surpasses rival Boeing for first time since 2011

Airbus has taken full advantage of Boeing’s 737 MAX woes and even managed to exceed the company’s October’s revised goal of 860 deliveries for 2019. Having canceled many holidays and re-allocated elements of its workforce, the European plane manufacturer managed to complete a backlog of aircraft which were waiting to have their cabins adjusted. In

Airbus delivers 863 aircraft in 2019 and surpasses rival Boeing for first time since 2011 Read More »

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