Air Canada has closed its previously announced private offering of CA$2.0 billion of 4.625% senior secured notes due 2029 and US$1.2 billion of 3.875% senior secured notes due 2026. Air Canada also closed its previously announced US$2.9 billion new senior secured credit facility, comprised of a US$2.3 billion new term loan B maturing in 2028 […]
Air Canada completes refinancing transaction exceeding CA$7.1 billion Read More »
SAS has appointed Louise Bergström as new Vice President of Investor Relations. She has both domestic and international experience from the financial markets and joins SAS from Bluestep Bank, where she has been Head of Investor Relations. SAS is committed to maintaining an open, and professional dialogue with the equity and debt markets, as well as
Louise Bergström appointed Vice President of Investor Relations at SAS Read More »
On the journey to a net zero-carbon emissions future, another Embraer initiative has reached a new stage with the beginning of the flight test campaign of its electric demonstrator aircraft. Developed to evaluate new technologies and solutions that enable 100% electric and more sustainable aeronautical propulsion, the demonstrator is subjected to tests at Embraer’s facility
Embraer’s electric demonstrator aircraft begins flight test campaign Read More »
German airline Lufthansa CityLine has selected StandardAero to provide support for its GE Aviation CF34-8C turbofan engines powering its fleet of MHI RJ Aviation (formerly Bombardier) CRJ900 regional jets. Under the exclusive seven-year agreement, StandardAero will support Lufthansa CityLine with a range of CF34-8C services from its overhaul facility in Winnipeg, MB, Canada. StandardAero will
StandardAero to provide CF34-8C engine support services for Lufthansa CityLine Read More »
Causeway Aero Groupis has received a repeat order from Israir Airlines for a shipset of its Pitch PF3000 light-weight economy seat. Israir, the Israel-based travel group, became launch customer for the PF3000 in early 2018, fitting it to three Airbus A320 aircraft, each with 150 seats in a 3+3 configuration at 30in pitch. The aircraft
Causeway Aero Group gets repeat order for Pitch PF3000 seats Read More »
Ampaire, the U.K. subsidiary of Los-Angeles-based Ampaire has successfully performed its first full test flight on a potential future commercial route between Kirkwall Airport on the Orkney Islands across the Pentland Firth to Wick John O’Groats Airport on mainland northern Scotland. This is also the first U.K. demonstration of the aircraft, a modified six-seat Cessna
Collins Aerospace’s next-generation enhanced vision sensor has been selected to be integrated into Airbus’ Enhanced Flight Vision System (EFVS). EFVS will become a selectable option on Airbus commercial aircraft, expanding approach capability and increasing flight situational awareness during reduced visibility conditions. The EFVS option, with the Collins EVS sensor, will be offered first on the
Collins enhanced vision sensor selected for Airbus-family of aircraft Read More »
Honeywell and Lufthansa Technik have signed an extensive collaboration agreement for the maintenance of Honeywell components installed on CFM International’s LEAP series engines which are used in Airbus A320neo-family, Boeing 737 MAX and COMAC C919 aircraft. Under this agreement, Lufthansa Technik will develop Maintenance, Repair and Overhaul (MRO) capabilities for the aforementioned Honeywell components. By
MTU Aero Engines AG has sold Vericor Power Systems. This marine and industrial gas turbine (IGT) OEM based in Alpharetta, Georgia, U.S.A., is being acquired by U.S. private equity company CSL Capital Management of Houston, Texas, which focuses on the energy sector. The agreement was signed in early June 2021 and the transaction was closed
MTU Aero Engines sells Vericor Power Systems Read More »
Siemens and SITA are providing the Kansas City Aviation Department with future-proof, scalable technologies for Kansas City International (MCI) Airport’s new terminal project, dubbed Build KCI. The new one million ft², 39-gate terminal will include a variety of building automation, fire and life safety systems, and security systems from Siemens, as well as IT networks
