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Frontier secures buyer for two Airbus A318 and two Airbus A319 aircraft

Frontier Airlines Holdings entered into a Letter of Agreement with VTB Leasing to sell two of Frontier’s 49 Airbus A319 aircraft and two of its 11 Airbus A318 aircraft to VTB Leasing for onwards lease to Rossiya Airlines. The sale of the aircraft was facilitated by SkyWorks Leasing. Financial terms of the transaction were not

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GE Rolls-Royce fighter engine team completes F136 high-altitude tests

The GE Rolls-Royce Fighter Engine Team has successfully completed a high-altitude afterburner testing program at the US Air Force Arnold Engineering Development Center in Tennessee, including common exhaust hardware for the F-35 Lightning II aircraft. The F136 engine is a 40,000+ lb. thrust, combat engine that will be available to power all variants of the

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Spirit AeroSystems increases revolving credit facility to $650 million

Spirit AeroSystems reported the completion of an amendment to its existing credit agreements to increase the Company’s $400 million revolving credit facility to $650 million. The transaction enhances the company’s financial flexibility as it continues to invest in product development and win new business across the aerospace industry. The maturity date and interest cost of

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