October 16, 2020

Rolls-Royce looks to double up on October 1 bond offering to now raise £2 billion

On October 1, Rolls-Royce Holdings (Rolls-Royce) announced its intention to raise at least £1 billion through a bond offering as part of its strategy to raise £5 billion in a recapitalization package to support its long-term strategy. However, unanticipated strong demand for the investor Notes has seen the company double the size of the offering, […]

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Aereos Interior Solutions integrates antimicrobial technology into high-touch aircraft interior products

MRO & Production

High-touch aircraft interior products manufactured by Aereos Interior Solutions now include integrated antimicrobial technology from BioCote. It is the first time that antimicrobial technology, which permanently prevents the growth of a wide range of microbes – including bacteria, mould and some viruses – has been integrated into aeroplane interiors to provide an additional level of

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American Airlines renews global distribution agreement with Sabre

Information Technology

Software and technology company Sabre Corporation and American Airlines, have renewed their long-term, worldwide distribution agreement. Under the renewed agreement, Sabre will continue to distribute American Airlines flights and services through the Sabre travel marketplace, ensuring that Sabre connected-agencies will continue to have access to the same American Airlines content, including branded fares, ancillary products and

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Fly Leasing closes new US$180 million term loan

Financial

Fly Leasing (FLY), a global leader in aircraft leasing, has closed a new US$180 million term loan (the 2020 Term Loan). The interest rate on the five-year term loan is LIBOR plus 6.00% with a 1.00% LIBOR floor. The financing was issued at an original issue discount of 4.5%. The 2020 Term Loan will be

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Iraqi Civil Aviation Authority entrusts NAS with passenger handling services at Baghdad International Airport

Uncategorized

The Iraqi Civil Aviation Authority (ICAA) has entrusted National Aviation Services (NAS), an aviation services provider across the Middle East, Africa and South Asia, to upgrade and operate passenger-handling services and processes at Baghdad International Airport. NAS will extend its expertise and resources at the Babylon and Samara passenger terminals as well as the international

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Sine Draco Aviation Technology receives AS9100 Rev. D and ISO 9001 certifications

MRO & Production

Sine Draco Aviation Technology has received certification to the AS9100 Rev. D quality management standard at its North American headquarters in Bellevue, WA. The AS9100D approval also includes certification to the ISO9001:2015 standard. Sine Draco’s AS9100 certification supports its plans for development, management and execution of large-scale aviation projects, including aircraft design, modification and certification for passenger

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VALLAIR leases two A321-200 freighters to SmartLynx Malta

Aircraft & Engines

VALLAIR, the mature aircraft and asset specialist, has signed an agreement with SmartLynx to lease two newly converted A321-200 freighters. The aircraft will be the first cargo planes to be operated by SmartLynx. Vallair has been engaged in cargo conversions since 2015 and is the launching lessor of the Airbus A321 freighter (A321F). “We look

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Remotely controlled electric ground vehicles for moving Iberia aircraft at Madrid and Barcelona airports

Other News

Iberia Airport Services handling unit has deployed new “green pushback” tractors to move aircraft at Madrid and Barcelona airports. The emission-free electric vehicles are operated by remote control. In late October, Iberia Airport Services will have eight of the new vehicles in Madrid and Barcelona, which are nearly silent, and each one will effectively cut

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Eve, first spin-off from EmbraerX, launched to shape future of urban air mobility

Aircraft & Engines

Eve Urban Air Mobility Solutions (Eve) has been launched as a new, independent company dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Eve is developing a full portfolio of solutions to enable the UAM market and ultimately benefit people’s lives, including the progression and certification of the company’s electric vertical takeoff and landing vehicle

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MD Helicopters awarded two Army contracting Command MD 530F contracts

Military & Defense

MD Helicopters (MDHI) has announced two independent contract awards from Army Contracting Command-Redstone to support allied operations of the MD 530F Cayuse Warrior helicopter. The first contract, worth US$6.1 million, requires MDHI to retrofit 18 legacy MD 530F helicopters operated by the Afghanistan Air Force with ballistic-tolerant crashworthy fuel systems (CWFS). Jointly developed with Robertson Fuel

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