September 12, 2022

Scandinavian Airlines gets all-clear for US$700 debtor-in-possession financing

Scandinavian Airlines (SAS), the flag-carrying airline of Norway, Denmark and Sweden, has successfully obtained U.S. court approval of its proposed US$700 million (£603 million) debtor-in-possession (DIP) financing credit agreement. DIP financing is a specific form of financing used when a business has filed for Chapter 11 bankruptcy protection in a U.S. court and is also …

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Amit Ray expands his responsibilities at LOT Polish Airlines

People

Amit Ray, Director DACH Markets, India and Italy at LOT Polish Airlines, will be additionally appointed as Head of Global Corporate and Strategic Sales at the Polish Star Alliance member with immediate effect. The Global Corporate and Strategic Sales unit at LOT Polish Airlines is responsible for the creation, negotiation and administration of all global …

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HiSky signs lease agreements with ALC for two Airbus A321neo LR aircraft

Aircraft & Engines

Air Lease Corporation (ALC) has announced long-term lease placements for two new Airbus A321neo LR aircraft with HiSky. Scheduled to deliver to the European carrier in March 2023 from ALC’s order book with Airbus, these two new A321neo LRs join one Airbus A319 and four A320s currently on lease to the airline from ALC and …

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Teleport expands fleet with addition of three A321 freighters

Aircraft & Engines

Teleport, the logistics venture of Capital A (formerly AirAsia Group Berhad) has announced the expansion of its fleet with the addition of three Airbus A321 freighters (A321Fs). This increases Teleport’s cargo-only fleet to four freighters in total, in addition to over 200 exclusive AirAsia passenger aircraft bellies. The three A321 freighters will be operated by …

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SITA opens door to new partners as it embarks on new path to grow

Information Technology

SITA, a leading IT provider to the air transport industry, has announced the launch of a partnership programme aimed at joining hands with key partners as it embarks on a new path to growth. Through the new partner platform, Launchpad, SITA has outlined four key areas where it seeks to build new partnerships: digital identities, …

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Wencor announces exclusive, multi-year defence channel partnership with AMETEK Sensors and Fluid Management Systems

MRO & Production

AMETEK Sensors and Fluid Management Systems has selected Wencor as its exclusive distributor supporting global military and government aftermarkets. The agreement includes aircraft and engine sensors for temperature, pressure, flow, fluid level, acceleration, proximity, speed and position, supporting key military platforms in the aerospace and defence market segments. “We are excited to partner with AMETEK …

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MNG Airlines receives second A330-300 P2F aircraft following its conversion at EFW

Aircraft & Engines

MNG Airlines, which holds a significant share of the air cargo industry in Turkey, is looking to use its experience to expand its services and flight network. After having converted Turkey’s first passenger-to-freighter (P2F) aircraft last year, MNG Airlines has completed the conversion of its second aircraft and TC-MCN is ready to take to the …

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Scandinavian Airlines gets all-clear for US$700 debtor-in-possession financing

Amit Ray expands his responsibilities at LOT Polish Airlines

HiSky signs lease agreements with ALC for two Airbus A321neo LR aircraft

Teleport expands fleet with addition of three A321 freighters

SITA opens door to new partners as it embarks on new path to grow

Wencor announces exclusive, multi-year defence channel partnership with AMETEK Sensors and Fluid Management Systems

MNG Airlines receives second A330-300 P2F aircraft following its conversion at EFW

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12 September 2022

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