Kellstrom Defense appoints Michael Farmer as Vice-President of Life Extension Products

Kellstrom Defense Aerospace (KDA) has appointed Michael Farmer as vice-president of life extension products (LEP) for the engineered products business segment. Farmer will be responsible for the overall leadership of the LEP business team focused on the development and deployment of proprietary intellectual property for the life extension of critical aircraft equipment and systems. The […]

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First Boeing P-8A Poseidon for United Kingdom takes flight

Military & Defense

The first Boeing P-8A Poseidon (ZP801) for the United Kingdom Royal Air Force (RAF) took off from Renton, Wash. on July 12, marking the first flight of this inaugural UK P-8A. During the 90 minute flight key testing took place before the aircraft touched down and moved to the next phase of preparation before customer

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BOC Aviation sells 17 aircraft to Silver Aircraft Lease Investment

Aircraft & Engines

BOC Aviation has signed an agreement to sell a portfolio of 17 aircraft to Silver Aircraft Lease Investment I and affiliates (SLVRR 2019-1). To finance a portion of the purchase of the aircraft portfolio, SLVRR 2019-1 has issued three tranches of notes, comprising US$443 million of 3.97% Series A notes (A, Kroll / Fitch Ratings),

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Aviation Inventory Resources acquires assets of AIM Aircraft Spares

Financial

Aviation Inventory Resources (AIR) has acquired the assets of AIM Aircraft Spares, the Peachtree City, Georgia based distributor of AIM Altitude products. Concurrent with this acquisition AIM Altitude UK has appointed AIR exclusive distributor for the Americas for all AIM Altitude products. The AIM Aircraft Spares operation will be integrated into AIR’s worldwide headquarters in

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Munich Airport International expands activities in the USA

Uncategorized

In a major step forward in the development of a new world-class airport, the Port Authority has reached an agreement with EWR Terminal One LLC, a 100% subsidiary of Munich Airport International GmbH (MAI), to operate and maintain the US$2.7 billion Terminal One now under construction at Newark Liberty International Airport (EWR). MAI will operate

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Willis Lease signs ConstantAccess™ agreement with major European Airline

Uncategorized

Willis Lease Finance has entered into an agreement to provide ConstantAccess™ Platinum to a major European operator for a fleet consisting of 40 engines. The agreement will provide guaranteed availability of spare engines for both planned, and unplanned removals. “We are finding a greater number of airlines, both legacy operators as well as low cost

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Component Control hosts successful QUE Group 2019 conference

Information Technology

Component Control held their 14th annual QUE Group user conference from June 18th – June 20th on Coronado Island. The members-only conference reviewed the transformative year Component Control has had in developments and highlighted upcoming enhancements and innovations to be released. Through interactional workshops and round tables, users from over 100 companies expressed their satisfaction

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Pegasus Universal Aerospace names Robbie Irons as CEO

People, Top Stories

South Africa’s Pegasus Universal Aerospace, pioneer of the Vertical Business Jet (VBJ®) Pegasus One, has named Robbie Irons as its Chief Executive Officer. In this new role, he will help lead product development and lend strategic support to Founder and Chairman Dr Reza Mia as the business seeks to secure investment. Robbie Irons brings decades

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Fly Leasing to sell 12 aircraft

Aircraft & Engines

Fly Leasing has contracted to sell a portfolio of 12 aircraft, comprised of Airbus A320s and Boeing 737s with an average age of eight years. “These sales are at an aggregate gain to book value, build free cash, reduce leverage, manage lessee concentration and lower the average age of FLY’s fleet,” said Colm Barrington, CEO

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Seabury Solutions signs new African airline for Alkym solution

Information Technology

Seabury Solutions, a subsidiary of New York-based Seabury Capital Group LLC, providing Information Technology solutions for the aviation industry, has added a new airline customer in Africa, Precision Air, for its solution to enhance the maintenance management of the carrier’s expanding fleet. The Tanzania-based airline, operating scheduled flights out of its main hub in Dar

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Heike Tamm