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STG Aerospace achieves FAA approval for installation of LED liTeMood system on Boeing 757

STG Aerospace has secured FAA approval for the installation of its LED liTeMood system on the Boeing 757 series of aircraft. This announcement follows the earlier FAA approval given for the 737NG series back in 2015 and complements the existing approvals given by EASA. liTeMood has become the undisputed system of choice for operators of […]

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AerData provides Engine Management Analytics Solution to Emirates

AerData has signed an agreement with Emirates airline for AerData’s EFPAC (Engine Fleet Planning And Costing) software. AerData’s software and services improve efficiencies and enhance competitiveness for customers, including some of the world’s largest airlines, lessors and MROs. EFPAC helps customers optimize engine maintenance planning, engine spares availability and budgets. By combining technical and operational

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AAR promotes John M. Holmes to President & Chief Operating Officer

AAR has promoted John M. Holmes to President and Chief Operating Officer, AAR Corp., effective June 1, 2017. AAR’s Board of Directors also approved Holmes appointment to the Board, effective at its July 11, 2017 Board meeting. Holmes will continue to report to David P. Storch, AAR’s Chairman and Chief Executive Officer. Holmes joined AAR

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Dubai Aerospace Enterprise acquires AWAS to create top-10 aircraft leasing company

Through the signing of a definitive agreement, Dubai Aerospace Enterprise (DAE) has announced its intention to acquire the AWAS group of companies, a leading global aircraft leasing company. While terms of the transaction have not been disclosed, it is understood that it will be financed from funds managed by Terra Firma Capital Partners and the

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Chorus Aviation to acquire six ATR 72-600 aircraft on lease to Flybe and Virgin Australia

Chorus Aviation has reported agreements by Chorus Aviation Capital’s subsidiaries to acquire six ATR 72-600 aircraft with attached leases from Avation PLC. Three of these aircraft are currently on lease to U.K. carrier, Flybe, and three to Virgin Australia Airlines. The aircraft are between one and four years old and are the first ATRs added

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AeroVision International purchases initial Embraer E190 aircraft

AeroVision International has purchased an Embraer E190 aircraft, the first acquisition of this type for the company. The 100 seat aircraft was recently removed from active revenue passenger service and was purchased without engines. The aircraft, which will be disassembled for parts, represents AeroVision’s entry into parts and LRU support for EJet series aircraft. The

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HEICO Corporation reports 25% increase in credit facility

HEICO Corporation have increased its revolving credit facility to US$1bn, which is a US$200m, or 25%, increase to the Facility’s previous, US$800m limit. This Facility’s term expires in December 2018 and there are no maturities under the Facility until then. HEICO has used the Facility, which is available for general corporate purposes, principally to make

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