Chorus Aviation Capital (CAC) has added a total of 34 on-lease aircraft in 2019. With this strong market performance, CAC’s third-party lease portfolio has now reached 64* aircraft. Year-end, and previously unannounced transactions, include the acquisition of two mid-life Dash 8400 aircraft (MSN 4300 and MSN 4301) on lease to Croatia Airlines and an additional […]
Chorus Aviation Capital adds 34 on-lease aircraft in 2019 Read More »
Starting today, David L. Calhoun is taking the helm at the Boeing company. He oversees the strategic direction of the Chicago-based aerospace company, with roughly 150,000 employees across the United States and in more than 65 countries. Calhoun has served as a member of Boeing’s board of directors since 2009 and served as chairman of
David L.Calhoun new President and Chief Executive Officer of Boeing Read More »
Spirit Airlines has held a groundbreaking ceremony to celebrate the construction of its new corporate headquarters in Dania Beach, Fla. Spirit is investing up to US$250 million for the creation of a corporate campus of up to 500,000 ft² of space, and the airline plans to add 225 additional jobs over the next five years.
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In a massive and rapid U-turn, the Iranian authorities have now confirmed that its country’s forces mistakenly shot down a Ukraine International Airlines’ Boeing 737-800, flight 752, last Wednesday. The incident occurred shortly after take-off from Imam Khomeini International Airport, Tehran, when the plane was en route to Kyiv, Ukraine. All 176 passengers and crew
Airbus has delivered 863 commercial aircraft to 99 customers in 2019, outpacing its previous output record set in 2018 by eight percent. In the 17th yearly production increase in a row, Airbus progressed on the transition to all NEO variants and by year end Airbus had delivered 173 wide-body aircraft, its highest number in a single year. Airbus had
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Aircraft and industrial parts maker Woodward and Hexcel Corp , a composites technology company, have announced a definitive agreement to combine in an all-stock merger of equals to create a premier integrated systems provider serving the aerospace and industrial sectors. The combined company will focus on technology-rich innovations to deliver smarter, cleaner, and safer customer
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Dubai Aerospace Enterprise (DAE) has released 2019 key strategic and operational highlights for its leasing division, DAE Capital. DAE Capital delivered and has committed to deliver over US$1.75 billion in aircraft assets, the company’s managed and committed-to-manage assets’ portfolio grew to over 125 aircraft valued at US$3.5 billion. DAE Capital issued US$1.9 billion of new
DAE reports 2019 highlights Read More »
As part of Airbus’ plan to produce 63 A320 Family aircraft per month in 2021, the company will expand its industrial footprint in the U.S. by increasing the production rate of A320 family aircraft at its Airbus U.S. Manufacturing Facility in Mobile to seven per month by the beginning of next year. This increase, and
Airbus to increase production rate of A320 Family aircraft at Mobile, Alabama, facility Read More »
On Wednesday January 8, 2020,Turning Rock Partners, a private investment firm based in New York, U.S., announced the closing of a US$15 million preferred equity investment in Next Level Aviation, based in Sunrise, Florida. Turning Rock’s investment in Next Level Aviation closed in December 2019 with the potential for follow-on investments, as the company continues
Turning Rock Partners make investment in Next Level Aviation Read More »
All Nippon Airways (ANA) will be launching the third of its specially designed “FLYING HONU” Airbus A380s, allowing for ANA to offer daily flights between both Narita and Honolulu on these unique aircraft. ANA currently provides two flights daily on the Narita-Honolulu route, with ten flights served by Airbus A380s and four operated by Boeing
ANA receives third FLYING HONU A380 from Airbus Read More »
