25 March 2024

TrueNoord, has secured a new Term Loan with Deutsche Bank © TrueNoord

TrueNoord secures new Term Loan with Deutsche Bank

Specialist regional aircraft lessor, TrueNoord, has finalised a new Term Loan agreement with Deutsche Bank. The financing arrangement is aimed at bolstering TrueNoord’s ongoing business expansion initiatives and fleet enlargement, while also marking the addition of Deutsche Bank as a valued banking partner. Legal counsel Clifford Chance represented TrueNoord, while Milbank acted on behalf of

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Rex' Boeing 737NG full-flight simulator has been moved from Brisbane to Sidney © Rex

Rex’ Boeing 737NG full-flight simulator shifts base to Sydney

Rex has announced the certification of its Boeing 737NG full-flight simulator (FFS) by the Civil Aviation Safety Authority (CASA), marking its readiness for operational use. The Level D FFS is adaptable for both 737-700 and 737-800 variants and holds approval for upset prevention and recovery training (UPRT). Originally located at Ansett Aviation Training (AAT) facilities

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Boom Supersonic celebrates successful flight of XB-1

Boom Supersonic has announced the first flight of XB-1, the world’s inaugural independently crafted supersonic jet. The event unfolded at the Mojave Air & Space Port in Mojave, California, marking a significant leap forward in aviation technology. Like Overture, XB-1 capitalises on cutting-edge advancements such as carbon fibre composites, state-of-the-art avionics, digitally-optimised aerodynamics and an

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Travelport and Air Canada have signed a new content distribution agreement

Air Canada finalises US$2.15 billion senior secured credit facilities

Air Canada has announced the completion of its US$2.15 billion senior secured credit facilities. These facilities comprise a US$1.175 billion term loan B maturing in 2031 (the Term Loan) and a US$975 million revolving credit facility maturing in 2029 (the Revolving Facility). This collective arrangement forms the “Senior Credit Facilities”. Proceeds from the Term Loan,

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