16 August 2021

Embraer returns to profitability in Q2 – pushes forward with new turboprop design

Embraer, the Brazilian manufacturer of military and business jets, has restored its guidance after returning to profit in the second quarter of 2021. Additionally, the company anticipates delivery of between 45 and 50 aircraft plus the handing over of between 90 and 95 business jets. Consolidated revenue is estimated to lie between US$4 billion and […]

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Alaska Airlines names Donald Wright VP Maintenance and Engineering

Alaska Airlines’ board of directors has elected aviation veteran Donald Wright Vice President of Maintenance and Engineering, effective August 23, 2021. Wright will assume the role formerly held by Constance von Muehlen who was appointed Chief Operating Officer on April 3. In his new role, Wright will lead 1,346 employees, including the technical operations team,

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Jackson Square Aviation closes sale-and-leaseback financing of three Airbus A320neo aircraft to Spirit Airlines

Jackson Square Aviation (JSA) has closed the sale-and-leaseback-financing of three new Airbus A320neo aircraft to Spirit Airlines. JSA now has a total of 11 aircraft under operating lease with the airline, representing a strong, growing relationship between the two companies. “We are delighted to continue to support Spirit Airlines as the carrier further expands its

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HAECO Engine Services celebrates 700th engine output

HAECO Engine Services (Xiamen), a member of the HAECO Group has delivered its 700th GE90 engine output. The company also announced the completion of its engine test cell upgrade, marking a significant milestone in the long-term development of HAECO’s engine services. HAECO Engine Services operates a state-of-the-art engine test cell rated to 150,000 pounds of

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Air Canada completes refinancing transaction exceeding CA$7.1 billion

Air Canada has closed its previously announced private offering of CA$2.0 billion of 4.625% senior secured notes due 2029 and US$1.2 billion of 3.875% senior secured notes due 2026. Air Canada also closed its previously announced US$2.9 billion new senior secured credit facility, comprised of a US$2.3 billion new term loan B maturing in 2028

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Louise Bergström appointed Vice President of Investor Relations at SAS

SAS has appointed Louise Bergström as new Vice President of Investor Relations. She has both domestic and international experience from the financial markets and joins SAS from Bluestep Bank, where she has been Head of Investor Relations.  SAS is committed to maintaining an open, and professional dialogue with the equity and debt markets, as well as

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Embraer’s electric demonstrator aircraft begins flight test campaign

On the journey to a net zero-carbon emissions future, another Embraer initiative has reached a new stage with the beginning of the flight test campaign of its electric demonstrator aircraft. Developed to evaluate new technologies and solutions that enable 100% electric and more sustainable aeronautical propulsion, the demonstrator is subjected to tests at Embraer’s facility

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StandardAero to provide CF34-8C engine support services for Lufthansa CityLine

German airline Lufthansa CityLine has selected StandardAero to provide support for its GE Aviation CF34-8C turbofan engines powering its fleet of MHI RJ Aviation (formerly Bombardier) CRJ900 regional jets.  Under the exclusive seven-year agreement, StandardAero will support Lufthansa CityLine with a range of CF34-8C services from its overhaul facility in Winnipeg, MB, Canada.  StandardAero will

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