Brazil’s Embraer has announced that it has signed a long-term Pool Program Agreement with the U.S. carrier Breeze Airways (Breeze) to support a wide range of repairable components for the airline’s E190s and E195s fleet. Full repair coverage for components and parts are included in the agreement, plus access to a substantial stock of components […]
Embraer and Breeze Airways sign Pool Program Agreement Read More »
Spirit Airlines has entered into a series of liability management transactions given the favorable market dynamics. The company received US$371.3 million from an issuance of 10,594,073 shares of its common stock to holders of its 4.75% Convertible Senior Notes due 2025 (the 2025 Convertible Notes). Spirit used US$368.7 million of the net proceeds from the
Spirit Airlines closes 1.00% Convertible Senior Notes due 2026 Read More »
The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. March demand reached the highest level recorded since the series began in 1990. Month-on-month demand also increased, albeit at a slower pace than the
Air Cargo demand reaches all-time-high in March Read More »
STS Aviation Services (STS) has signed a long-term base maintenance agreement with Aircraft Engine Lease Finance (AELF). “We are extremely delighted that AELF has awarded STS a long-term base maintenance contract to support its Airbus A330 aircraft, which will be operated by Maleth Aero,” stated Ian Bartholomew, Vice President of Commercial for STS Aviation Services. “As a
SIA Engineering Group reported revenue of SG$443.0 million for the financial year ended March 31, 2021 which was SG$551.1 million (-55.4%) lower than in the previous financial year as low flight activities and widespread grounding of aircraft resulted in a sharp and severe reduction in business volume. Group expenditure was also lower year-on-year, falling from
SIA Engineering Group’s full year revenue down 55% Read More »
F/LIST GERMANY’s upholstery facility in Erfurt has recently been granted EASA PART-145 approval from the European Aviation Safety Agency (EASA) to act as a repair station. This positions F/LIST GERMANY’s newest branch as a qualified maintenance service for upholstery work on business aircraft. The aftermarket division of business aviation picked up significantly in the pandemic
F/LIST GERMANY receives EASA Part-145 approval for Erfurt site Read More »
