Air T, an industrious American holding company which operates a group of independent, yet interrelated, aviation businesses, has announced the formation of a new aircraft asset management business called Contrail Asset Management (CAM), and a new aircraft capital joint venture called Contrail JV II LLC (CJVII). The new joint venture has been formed as a […]
ABL Aviation, the global independent aircraft investment management firm, has closed another Japanese operating lease with call option (JOLCO) arranging the equity portion of two(2) Airbus A350-900s aircraft for Lufthansa. This is the first transaction that ABL Aviation has completed with Lufthansa and was closed in a short timeframe. The financing was secured in April
ABL Aviation arranges leasing finance for two Lufthansa A350-900s Read More »
GA Telesis (GAT) has come to an agreement with Paris-based GMI Aero to become a global distributor for their extensive product line of composite repair tooling, heating, and bonding equipment. This partnership is an essential addition to the growing offerings of GA Telesis’ Tarmac Solutions team to supply airlines and MROs with critical tools to
GA Telesis signs tooling distribution agreement with GMI Aero Read More »
Vortex Aviation, the global on-wing and quick-turn turbine engine repair organization has reported the induction of the first Pratt and Whitney Geared Turbo Fan (GTF) PW1130G-JM engine at its new Davie, Florida U.S. facility. The induction of the GTF PW1000G series engine adds to the capabilities of the Vortex facility including CFM LEAP 1A/1B, CFM56,
Vortex Aviation inducts first GTF PW1000G engine in New Davie, Florida facility Read More »
Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission critical industries, has reported financial results for the three months ended April 3, 2021. First-quarter revenue was US$105.9 million, down 32.8% from the comparator period of 2020. The company incurred a net loss of US$11.9 million and
Astronics Corporation reports 2021 first-quarter financial results Read More »
Against the backdrop of strong demand in the air global market, ST Engineering and Airbus’ joint venture, Elbe Flugzeugwerke (EFW), have received an order for four Airbus A321 Passenger-to-Freighter (P2F) conversions from new customer, GTLK Europe, a top-tier global leasing company based in Dublin, Ireland. Three of the four aircraft will be inducted for conversion
EFW and ST Engineering welcome GTLK Euro as new A321P2F customer Read More »
PSA Airlines, a wholly-owned subsidiary of American Airlines, has selected AeroBuy® and AeroRepair® to increase supply chain transparency, accelerate order fulfillment and improve trading partner collaboration. AeroRepair and AeroBuy are subscription-based applications designed to digitally streamline procurement and repair order processes. By leveraging AeroBuy and AeroRepair, PSA Airlines will gain a comprehensive order management and
Farsound has announce a new collaboration with the Global Engine Support division of the HAECO Group, providing consigned kits for on-wing and in-field engine maintenance. HAECO is one of the world’s leading independent aircraft engineering and maintenance groups. It is also one of the largest maintenance, repair, and overhaul (MRO) service providers in terms of
Farsound to provide on-wing and in-field engine maintenance kits for HAECO Group Read More »
