Volocopter and DB Schenker have reported an investment by the global logistics service provider into the pioneer of Urban Air Mobility (UAM) as Volocopter extends its Series C funding to now total €87 million. Besides DB Schenker, Mitsui Sumitomo Insurance Group, TransLink Capital who join the round as new investors, existing investor Lukasz Gadowski and […]
DB Schenker new investor at Volocopter Read More »
MTU Maintenance has announced at the MRO Middle East today that it has opened an office in close vicinity of Dubai International Airport (DXB). While MTU has always been present in the region now the company will be even closer to its customers. It is part of its global growth strategy and enables immediate proximity
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Nordic Aviation Capital (NAC) has delivered one new ATR 72-600 aircraft, MSN 1555, to Silver Airways on lease. Independent regional airline Silver Airways operates routes within Florida and between Florida and the Bahamas from its hubs in Fort Lauderdale, Orlando and Tampa and also flies seasonally between Boston and Bar Harbor, Maine.
NAC delivers one new ATR 72-600 to Silver Airways Read More »
Sikorsky will build six production VH-92A® Presidential Helicopters under a contract from the U.S Navy. These helicopters are part of the 23 aircraft program of record for the U.S. Marine Corps. Under the terms of the contract, known as Low Rate Initial Production (LRIP) Lot II, Sikorsky will begin deliveries of six VH-92A helicopters in 2022.
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American Airlines Group has priced US$500.0 million aggregate principal amount of unsecured senior notes due 2025 (the notes). The notes will have an interest rate of 3.75% per annum and are being issued at a price equal to 100% of their face value. The notes will be guaranteed on a senior unsecured basis by the
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Gulfstream Aerospace will expand its operations in the Dallas-Fort Worth metropolitan area with the construction of a service center at Fort Worth Alliance Airport. The facility, which will complement Gulfstream’s presence at Dallas Love Field, is expected to open by the fall of 2021 and will create approximately 50 new jobs. To help meet the
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Vancouver is officially the third Canadian destination for global airliner, Turkish Airlines. Starting June 9, 2020, the airline is offering three flights a week into and out of Vancouver International Airport. Already operating nine weekly flights to Canada; six to Toronto and three to Montreal, the flag carrier airline will increase that number to 12
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AJ Walter Aviation, part of the AJW Group (AJW), has closed a US$70m senior secured credit facility with Wells Fargo Capital Finance (UK) – part of Wells Fargo & Company – as lead bank and Shawbrook Bank (Shawbrook) as participant. Proceeds of the five-year facility will be used to support spare parts acquisitions to meet
Wells Fargo supports refinancing of AJ Walter Aviation Read More »
