24 June 2024

SMBC Aviation Capital

SMBC Aviation Capital secures US$1.5 billion finance facility

Aircraft leasing company SMBC Aviation Capital has finalised a five-year global syndicated finance facility. The transaction raised US$1.5 billion from 29 financial institutions, 13 of which are new banking relationships for SMBC Aviation Capital. The senior syndication phase saw participation from 10 banks, while the general syndication phase included an additional 19 banks. The syndicated […]

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Alaska Airlines Boeing 737 MAX 9 has lost a chunk of its fuselage during a flight

Alaska Airlines reaches tentative labour deal with flight attendants union

Alaska Airlines and its 7,000-member flight attendants’ union have reached a tentative labour agreement after more than a year and a half of negotiations, reported CNN. The terms of the deal have not been disclosed, but the union described it as a “record contract.” It is expected that the agreement includes a significant pay increase,

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Astral Aviation Boeing 767 Freighter

Avmax completes major transactions with Astral Aviation

Canada-based Avmax Group has successfully completed two significant transactions with Astral Aviation, a prominent cargo carrier based in Kenya. The first transaction involved the purchase-and-lease-back of a Boeing 767-200 Freighter (MSN 22217) airframe, which has been part of carrier’s fleet since 2020. The second transaction comprised the dry lease of a Boeing 737-400F (MSN 27082),

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Official inauguration of the new Savannah Training Centre © CAE

CAE opens Gulfstream-dedicated aviation training centre

CAE has inaugurated its first Gulfstream-dedicated business aviation training centre, a key development in training more pilots and maintenance technicians over the coming decades. Located near Gulfstream Aerospace Corp. headquarters in Savannah, the new centre can accommodate up to four full-flight simulators (FFS). The first, a Gulfstream G550 FFS, began operating in January and the

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On Monday June 24, flights at Manchester Airport have resumed following a power cut that caused a day of chaos

Manchester Airport restores flights after day-long power cut

Flights at Manchester Airport have resumed following a power cut that caused a day of chaos. Up to 90,000 passengers were affected, with flights cancelled and scheduled arrivals diverted. The airport announced that check-in and departures at Terminals 1 and 2 have now fully resumed. Officials stated that further disruption is not anticipated on Monday.

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