Sage-Popovich (SPI) has agreed to acquire Togs Aircraft, LLC (TOGS), an FAA Part-145 Repair Station. TOGS has been in business for more than 20 years and has maintained a wide array of both fixed-wing and rotary aircraft since its inception. TOGS’s capabilities range from light to heavy turboprops, helicopters, corporate jets, and regional airline equipment. […]
Sage-Popovich to acquire Togs Aircraft Read More »
JetBlue Airways has announced that it intends to offer US$650 million aggregate principal amount of convertible senior notes due 2026, subject to market and other conditions. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A (the offering) under the Securities Act of 1933, as amended
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Nordic Aviation Capital (NAC) has delivered one Embraer E190, MSN 19000075, to ultra-low-cost start-up airline Breeze Airways on lease. This is the third aircraft to deliver as part of a fifteen-E190 aircraft lease agreement made with Breeze Airways. Breeze Airways, based in Salt Lake City, was founded by David Neeleman, an aviation veteran who had
Breeze Airways takes delivery of third Embraer E190 from NAC Read More »
Alaska Air Group has appointed Constance von Muehlen as Chief Operating Officer of Alaska Airlines, effective April 3, 2021. Upon assuming this role, von Muehlen will join Alaska’s Executive Committee and report to Ben Minicucci, who becomes Chief Executive Officer on March 31, 2021. She succeeds current COO, Gary Beck, who has announced his retirement
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Embraer, the Brazilian planemaker, has released its earnings results for both Q4 2020 and also for the full fiscal year 2020. The company delivered 28 commercial jets and 43 executive jets (23 light / 20 large) in 4Q20, and in 2020 delivered 44 commercial jets and 86 executive jets (56 light / 30 large). The
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Dubai Aerospace Enterprise (DAE) has substantially completed the agreement with American Airlines signed in the third quarter of 2020 to deliver 18 new Boeing 737 MAX 8 aircraft. Firoz Tarapore, Chief Executive Officer of DAE said: “This transaction reflects our agility, our balance sheet strength, our underwriting capability, our ability to assist one of our
DAE completes Boeing 737 MAX 8 transaction with American Airlines Read More »
All Nippon Airways (ANA) will employ Boeing 777 Freighters (777F) on cargo freighter flights between Los Angeles and Tokyo Narita Airport. ANA opted to use the 777F for these flights for its maximum load capacity at roughly 100 tons, approximately double the capability of the 767F. This increased capacity and aircraft size makes the aircraft
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A fully remote installation of 12 air traffic control simulator sites throughout Norway is now complete, ending a complex eight-month project for Airways International Ltd (AIL) and Avinor during the global COVID-19 pandemic. In what is believed to be a world first, AIL reinvented its TotalControl ATC simulator delivery process to remotely install and site
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Willis Lease Finance has reported annual total revenues of US$288.7 million and a pre-tax profit of US$17.3 million for the year ended December 31, 2020. The Company reported lower revenue in 2020 when compared to the prior year, primarily due to the impact of the COVID-19 pandemic. The slowdown in global travel has led to
Willis Lease Finance reports annual pre-tax profit of US$17.3 million Read More »
Airbus Helicopters has handed over the seventh and last H145 for the search and rescue (SAR) service of the Bundeswehr to the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on time. The previously delivered helicopters are being used for training and field testing and are available 24/7 at the Niederstetten and
