July 23, 2020

Bombardier secures US$1bn credit line on back of reduced second-quarter cash burn

Bombardier, the Canadian plane and train maker, has secured a US$1 billion secured loan, indicating that the company will now have sufficient liquidity to see it through the worst of the COVID-19 pandemic. Having severely revised its 2020 forecast, Bombardier has now begun to announce job cuts as the market for high-profit-margin jets falls, with […]

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DHL Express to add four 767-800 BCFs to fleet

Aircraft & Engines

DHL Express is to acquire four 767-300 Boeing Converted Freighters (BCF). This step is part of DHL’s effort to modernize its long-haul intercontinental fleet in order to fly more eco-friendly and cost-efficiently. The aircraft are converted from passenger-to-freighter configuration by Boeing to fit the needs of DHL Express and meet the rising global demand for

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Aventure acquires Boeing 757-200 airframe

Uncategorized

Aventure Aviation has acquired another Boeing 757-200 airframe, MSN 27971. This is Aventure’s second 757 purchase in the last few months, and comes on the heels of its purchase of MSN 27208. The airframe is currently stored in Goodyear, Arizona at Aersale. The aircraft, last operated by Air Astana, is currently equipped with a half-life

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Air Tanzania selects Panasonic Avionics for A220 IFE and connectivity

Other News

Air Tanzania has selected Panasonic Avionics’ (Panasonic) inflight entertainment (IFE) and connectivity systems to enhance the passenger experience onboard its Airbus A220 aircraft. The airline has equipped two of its A220s with Panasonic’s eX1 IFE solution which is specifically designed for narrowbody aircraft. Each seat will feature elegant full HD seatback monitors, complete with touch displays and

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CDB Aviation appoints Brendan O’Neill as CFO

People

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), announced a new executive addition to its Dublin-based leadership team with the appointment of Brendan O’Neill as Chief Financial Officer, who will oversee all financial aspects of the company. O’Neill has two decades of aircraft leasing and multinational experience, bringing

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Astronics awarded contracts by Bell to develop electrical power systems for FARA and FLRAA programs

Military & Defense

Astronics Corporation, a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced contract awards received from Bell Textron, a Texton company, (Bell) for Astronics to advance its CorePower® airframe electrical generation and power distribution systems to support their Future Long-Range Assault Aircraft (FLRAA) and Future Attack Reconnaissance Aircraft (FARA)

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Spirit Airlines posts second-quarter net loss of US$144.4 million

Financial

Spirit Airlines reported total operating revenue for the second quarter 2020 of US$138.5 million, a decrease of 86.3% year over year, due to the significant decline in air travel demand as a result of the COVID-19 pandemic. Spirit reported a net loss of US$144.4 million for the second quarter compared to net income of US$114.5

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Bombardier secures US$1bn credit line on back of reduced second-quarter cash burn

DHL Express to add four 767-800 BCFs to fleet

Aventure acquires Boeing 757-200 airframe

Air Tanzania selects Panasonic Avionics for A220 IFE and connectivity

CDB Aviation appoints Brendan O’Neill as CFO

Astronics awarded contracts by Bell to develop electrical power systems for FARA and FLRAA programs

Spirit Airlines posts second-quarter net loss of US$144.4 million

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23 July 2020

Bombardier secures US$1bn credit line on back of reduced second-quarter cash burn

DHL Express to add four 767-800 BCFs to fleet

Aventure acquires Boeing 757-200 airframe

Air Tanzania selects Panasonic Avionics for A220 IFE and connectivity

CDB Aviation appoints Brendan O’Neill as CFO

Astronics awarded contracts by Bell to develop electrical power systems for FARA and FLRAA programs

Spirit Airlines posts second-quarter net loss of US$144.4 million

Stay Connected

Subscribe