April 20, 2022

AviaAM Leasing acquires Boeing 737-800 for passenger-to-freighter conversion

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, continues its Passenger-to-Freighter (P2F) conversion project, acquiring one more Boeing 737-800. Since the beginning of AviaAM Leasing’s Passenger-to-Freighter (P2F) conversion project in March 2021, when the first Boeing 737-800 was acquired, the company has been successfully expanding the list of …

AviaAM Leasing acquires Boeing 737-800 for passenger-to-freighter conversion Read More »

Embraer successfully delivers 14 jets in the first quarter of 2022

Aircraft & Engines

Brazilian planemaker Embraer has announced that in the first quarter of 2022 it delivered six commercial jets and eight business jets (of which six were light and two were large). The company currently has an order backlog to the value of US$17.3 billion (£13.3 million). Embraer also confirmed that in 2021 it sold 56 Phenom …

Embraer successfully delivers 14 jets in the first quarter of 2022 Read More »

Lessor Nordic Aviation Capital achieves confirmation of reorganisation plan

Financial

Nordic Aviation Capital Designated Activity Company (NAC) has released that the U.S. Bankruptcy Court for the Eastern District of Virginia has confirmed the company’s plan of reorganization, which should enable the company to emerge from Chapter 11 before the end of May. The plan was approved by the court with the consent of the company’s …

Lessor Nordic Aviation Capital achieves confirmation of reorganisation plan Read More »

Lockheed Martin posts first-quarter 2022 net income of US$1.7 billion

Financial

Lockheed Martin Corporation has reported first-quarter 2022 net sales of US$15.0 billion, compared to US$16.3 billion in the first quarter of 2021. Net earnings in the first quarter of 2022 were US$1.7 billion, compared to US$1.8 billion in the first quarter of 2021. Cash from operations was US$1.4 billion in the first quarter of 2022, compared to …

Lockheed Martin posts first-quarter 2022 net income of US$1.7 billion Read More »

Bombardier designates Wichita site as its new U.S. headquarters

Other News

Bombardier will begin a new era in Wichita, U.S. Bombardier’s footprint in Wichita includes an expanding service centre that supports Bombardier’s entire family of Learjet, Challenger and Global business jets. The site also continues to operate one of the leading flight test centres that performs testing and certification of aircraft upgrades on all new Bombardier …

Bombardier designates Wichita site as its new U.S. headquarters Read More »

SKYSIDE launches in Vienna

Other News

This April, a new aircraft management and charter operator/broker has launched operations in Vienna, Austria. SKYSIDE is open for business offering aircraft management, charter options, CAMO services and aircraft delivery as part of an integrated asset management strategy. Thorsten Kinzl, Manager of Skyside said: “We decided for Vienna as the place of business for our …

SKYSIDE launches in Vienna Read More »