SkyWorks Holdings has announced transactions and activities performed during the fourth quarter (Q4) 2018 for its Leasing & Asset Management Group. On behalf of Modern Logistics, Brazil, SkyWorks sourced and arranged an operating lease for one additional 737-300SF aircraft (its 4th 737SF). SkyWorks also renewed its engagement with Modern Logistics to provide continued aircraft sourcing
Dubai Aerospace Enterprise (DAE) has reported its 2018 key strategic and operational highlights for its leasing division, DAE Capital:DAE Capital has received an investment grade corporate credit rating of BBB+ from KBRA and received an upgrade of existing corporate credit ratings from Moody’s and S&P Global. The company issued US$3.0 billion of new unsecured debt
Private air charter operator SaxonAir has announced the addition of an Embraer Phenom 300 jet to their aircraft fleet. The 2016 manufactured aircraft G-KRBN is to be hot based throughout Europe operating from various key European locations. This addition brings the fleet at SaxonAir up to a total of 9 jet aircraft and 4 helicopters.
The newest addition to the Airbus family of commercial aircraft, the A220, has received 180-minute extended operations (ETOPS) approval from the Canadian civil aviation authority, Transport Canada. This achievement paves the way for A220 customers to start new direct non-limiting routings over water, remote or underserved regions. “This A220 ETOPS milestone adds to the numerous
On behalf of AeroCentury Corp, Skyworld Aviation has sold one Dash 8 Q400 to Magellan Aviation Services. Skyworld was exclusively mandated to market serial number 4021 after its return from lease with LAM Mozambique. This sale comes after the placement of its sister ship, serial number 4019, to Voyageur AvParts.
MTU Aero Engines’ technology is in each and every geared turbofan (GTF) engine produced for the Airbus A320neo. Its Polish subsidiary, MTU Aero Engines Polska, started to assemble the first low-pressure turbine for the geared turbofan model PW1100G-JM about three and a half years ago. At the end of the year 2018, the MTU site
BOC Aviation has reported its operational update for the fourth quarter and year ended 31 December 2018. Commenting on the operating results, Robert Martin, Managing Director and Chief Executive Officer, said “BOC Aviation celebrated its 25th year anniversary in 2018, which was another year of strong operational performance. We took delivery of 55 aircraft, including
Regional aircraft leasing specialist TrueNoord has acquired two Embraer E195s on lease to Azul Linhas Aéreas Brasileiras S.A. Financing was provided under TrueNoord’s recent term loan warehouse facility supported by Morgan Stanley, NORD/LB Norddeutsche Landesbank and Barclays. Legal services were provided by Hogan Lovells and Stek. The aircraft were purchased with leases attached from CCB
Vallair, the mature aircraft and engine asset specialist, has closed the sale of a V2500-A5 engine to Sojitz Aerospace. The engine was previously flying on MSN974, an Airbus A321 which Vallair purchased from Aercap and leased to Onur Air. The run-out engine will now be dismantled for Sojitz Aerospace. Vallair continue to lease the airframe
Nordic Aviation Capital (NAC) has committed to lease four Embraer E190’s to Helvetic Airways, the first of which is due to deliver in February 2019. NAC are delighted to welcome Helvetic Airways as a new customer. “We are very proud to welcome Helvetic Airways as our newest customer,” said Martin Møller, Chairman of Nordic Aviation
