January 7, 2022

Atlas Air Worldwide to expand fleet with four new Boeing 777 Freighters

In response to strong demand for international freight capacity generated through e-commerce and express delivery demands, Atlas Air Worldwide (Atlas Air), the parent company of Atlas Air Inc. and Titan Aviation Holdings, Inc., and majority shareholder of Polar Air Cargo Worldwide, has placed an order with Boeing for four brand-new, 777 Freighters. Atlas Air is …

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AerSale adds additional Boeing 757 passenger-to-freighter conversions at Goodyear, AZ MRO facility

MRO & Production

AerSale, a leading global provider of aviation products and services, has inducted the first of its 24 owned Boeing 757-200 aircraft for passenger-to-freighter (P2F) conversion at its heavy-MRO centre in Goodyear, AZ. All 24 of these aircraft are powered by Rolls-Royce RB211-535 engines, making this fleet the narrow-body freighter of choice due to its attractive …

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Ethan Steele promoted to SVP / General Manager of STS Engineering Solutions

People

STS Aviation Group (STS) has announced the promotion of Ethan Steele to Sr. Vice President / General Manager of STS Engineering Solutions. For the past 22 years, Steele has played a major role in STS Aviation Group’s growth and success as a key member of its business development unit. Moving forward, STS’ executive leaders have …

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Air Lease Corporation announces pricing of public offering of US$1.5 billion of senior unsecured medium-term notes

Financial

Air Lease Corporation has announced the pricing of its public offering of US$750.0 million aggregate principal amount of 2.20% senior unsecured medium-term notes due January 15, 2027 (the 2027 notes) and US$750.0 million aggregate principal amount of 2.875% senior unsecured medium-term notes due January 15, 2032 (the 2032 notes and, together with the 2027 notes, …

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Qatar Airways Cargo awarded IATA CEIV Live Animals certification

Other News

Qatar Airways Cargo has been accredited CEIV Live Animals certification by IATA. The certification applies at Qatar Airways’ Doha headquarters and the QAS Cargo Doha hub, and covers all animals (amphibians, birds, crustaceans, fish, invertebrates, mammals, or reptiles) that Qatar Airways Cargo is authorized to carry as per each respective relevant procedure. The cargo airline …

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StandardAero signs definitive agreement to purchase PTS Aviation

Financial

StandardAero has signed a definitive agreement to purchase boutique asset management company PTS Aviation, a worldwide supplier of serviceable aircraft engines, engine components and engine inventory. Founded in 1995, PTS has more than 150 years of combined aviation management experience and significant expertise buying, leasing and selling engines, modules and used serviceable material (USM). PTS …

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