Goshawk successfully completes first unsecured U.S. Private Placement by an aircraft lessor since onset of COVID-19 pandemic

Goshawk, the Dublin-based global aircraft lessor, has entered into an agreement to issue US$202.5 million of new unsecured US Private Placement (USPP) notes. This latest announcement represents Goshawk’s fourth unsecured USPP issuance following previous issuances in 2016, 2017, and 2018 and is highly significant as it makes the company the first aircraft lessor to access […]

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Royal Aero delivers first of six B737-700 aircraft

MRO & Production

Royal Aero has announced the delivery of the first of six B737-700 aircraft from COPA Airlines, Panama, to Roswell, New Mexico. The serviceable life of the CFM56-7B engines will be utilized and the component parts recycled from the airframe. In enabling the continued use of the engines and the refurbishment of the airframe parts, new

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CHC Helicopter completes acquisition of Babcock International’s offshore operations

Financial

CHC Helicopter Group (CHC) has completed the acquisition of Babcock International’s offshore oil and gas aviation business. The acquisition reinforces CHC’s global position, increases its offshore crew transportation capacity and expands its fleet by around 30 aircraft across the U.K., Denmark, and Australia. Babcock International’s operations in the U.K., Australia, and Denmark will be held

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Atlas Air signs MoA to enter joint venture with Sharp Technics K

MRO & Production

Atlas Air has signed a Memorandum of Agreement to enter into a joint venture with Sharp Technics K to develop a dedicated maintenance, repair and overhaul (MRO) facility at Incheon International Airport (ICN) in South Korea. The maintenance facility is expected to open in 2025. Sharp Technics K President Soon-Suk Paik said his company is

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IBA sees regional jet recovery outstrip that of turboprops

Aircraft & Engines

IBA, the aviation data advisory consultancy, has highlighted the difference in the rate of recovery from the pandemic of turboprops and regional jets. Data from IBA’s InsightIQ platform indicates signs of recovery in regional jet fleet utilization. Fleets were stored or parked in large numbers in August 2020, with only 49% of Embraer E190 aircraft

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Griffin Global Asset Management orders five Boeing 737-8 jets

Aircraft & Engines, Top Stories

Aircraft leasing company Griffin Global Asset Management is expanding its commercial aircraft portfolio with five new Boeing 737-8 jets. The purchase is Griffin’s first direct order with Boeing as it sees strategic opportunities to place the airplanes during the market recovery. “As market conditions rebound, we are finding opportunities to serve our airline customers in

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Jet2.com becomes new Airbus customer with order for 36 A321neos

Aircraft & Engines, Top Stories

Jet2.com has placed an initial order for 36 A321neos making the Leeds, U.K.-based airline, a new Airbus customer and a new Airbus A320neo-family operator. The order reflects Jet2.com’s ambitious fleet expansion and renewal plans. Engine selection will be made at a later date. The aircraft will be configured for 232 seats with an airspace cabin

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GA Telesis MRO Services Group adds new radome testing facility

MRO & Production

GA Telesis has announced its MRO Services Group´s introduction of a new transmissivity test cell for repairing and overhauling aircraft radomes. The radome maintenance will be performed at the FAA and EASA-approved composite and aerostructures repair facility near Fort Lauderdale/Hollywood International Airport. This new test cell is capable of testing a wide range of OEM

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Stratos completes freighter conversion on ex AirAsia X A330 and delivers to Geodis on lease

MRO & Production

Stratos (Monaco) has announced the delivery of an A330-300 converted freighter to GEODIS (France) on a long-term operating lease. The aircraft, 2006 vintage MSN713, was returned from AirAsia X through an early termination agreement in mid-2020 and converted to a full-freighter. Stratos identified an early opportunity to repurpose the aircraft into a freighter at the

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IAI appoints Yehuda Lahav as Executive VP of Marketing

People

IAI has appointed Yehuda Lahav as Executive VP of Marketing. Lahav’s appointment, followed a series of other appointments announced by IAI in recent weeks, including Guy Bar Lev for Executive VP and General Manager of Systems Missiles and Space Group, Shmuel Kuzi as Executive VP and General Manager of the Aviation Group, Eitan Eshel as

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Heike Tamm

Goshawk successfully completes first unsecured U.S. Private Placement by an aircraft lessor since onset of COVID-19 pandemic

Royal Aero delivers first of six B737-700 aircraft

CHC Helicopter completes acquisition of Babcock International’s offshore operations

Atlas Air signs MoA to enter joint venture with Sharp Technics K

IBA sees regional jet recovery outstrip that of turboprops

Griffin Global Asset Management orders five Boeing 737-8 jets

Jet2.com becomes new Airbus customer with order for 36 A321neos

GA Telesis MRO Services Group adds new radome testing facility

Stratos completes freighter conversion on ex AirAsia X A330 and delivers to Geodis on lease

IAI appoints Yehuda Lahav as Executive VP of Marketing

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