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SmartSky Networks secures US$170m Series B financing

SmartSky Networks, reported the closing of over US$170m in a multi-tranche Series B financing, completing the equity funding for the deployment of its nationwide network. With this financing, the Company has raised approximately a quarter of a billion dollars in equity capital. Goldman, Sachs & Co. acted as exclusive placement agent on the transaction. SmartSky […]

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STS Component Solutions enters new strategic partnership with FW Marsh

STS Component Solutions (STSCS), a division of STS Aviation Group, has announced its new partnership with FW Marsh Energy Services for Aeroderivative Field Service Solutions. FW Marsh is a globally recognized provider of Field Service in the Aeroderivative market with a broad portfolio of capabilities as an OEM approved, ISO 9001/2008 certified, provider of repair

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American Airlines to invest US$200m in China Southern Airlines

Two industry giants, American Airlines and China Southern Airlines, have created the foundation for a long-term relationship, with American Airlines’ commitment to make a US$200 million equity investment in China Southern Airlines. Currently, China Southern’s primary hub is located in Guangzhou (CAN) with the majority of its transpacific flights positioned there, while American flies to

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Praxair Surface Technologies signs long-term contract to supply Rolls-Royce

Praxair Surface Technologies (PST) was awarded a long-term contract by leading aero engine manufacturer Rolls-Royce. Over the 10-year contract, PST will apply its Tribomet abrasive coatings to rotating components in jet engines of wide-body aircraft. The coatings help prevent frictional heating, increase fuel efficiency and extend component life. The project, which will begin in mid-2017,

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GOL to use new cabin and seats technologies to configure fleet of new Boeing 737 MAX-8 aircraft

Brazil’s largest domestic airline, GOL, has reported the use of new cabin and seats technologies to configure its fleet of new Boeing 737 MAX-8 aircraft and reconfigure its fleet of Boeing 737-800 Next Generation (NG) aircraft, increasing the number of seats by 5%, from current 177 to 186 seats. The new configuration to be completed

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British Airways begins flying between New Orleans and London

British Airways touched down at Louis Armstrong New Orleans International Airport on March 28, marking the start of the new nonstop service between New Orleans and London. At a press conference in front of local dignitaries, business leaders, and departing customers, British Airways signaled its confidence in the service by announcing an increase from four

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Bombardier Q400 aircraft continues to support Porter Airlines’ growth

Porter Airlines’ fleet has grown to 29 aircraft with Bombardier’s delivery of another Q400 turboprop. Porter exclusively flies Q400 airliners. Porter’s home base at Billy Bishop Toronto City Airport is known as one of the world’s best urban airports. It is located within three kilometers of the city’s central business and entertainment districts. Approximately 2.7

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