16 November 2021

GA Telesis closes new five-year US$225 million ABL credit facility

GA Telesis has announced the closing of a new five-year US$225 million ABL credit facility led by HSBC Bank USA and Fifth Third Bank, as joint lead arrangers. The syndication was met with overwhelming interest and allowed the company to improve terms while expanding its existing bank group. The facility comprises nine global, super-regional and […]

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Overland Airways and Embraer sign order for up to six E175 aircraft

Embraer and Overland Airways from Nigeria have signed a firm order for three new E175 aircraft, plus three purchase rights for the same aircraft model, at the Dubai Airshow. The 88-seat aircraft, with premium-class cabin configuration, will be delivered from 2023. The deal is worth US$ 299.4 million at list price with all purchase rights

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Iraqi Airways selects Panasonic Avionics for narrow-body and wide-body IFE and connectivity

Panasonic Avionics has been selected by Iraqi Airways to provide in-flight entertainment and connectivity (IFEC) solutions for its new fleet of 21 narrow-body and ten wide-body aircraft. These aircraft, which include five A220, 16 B737MAX and ten B787 aircraft types, will be line-fitted with Panasonic’s X Series IFE solutions and are expected to enter service

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