IndiGo Airlines and Hong Kong Aviation Capital (HKAC) have successfully closed the sale and lease back of a new Airbus A320 delivered on 30 March at the Airbus facility in Toulouse. HKAC closed the delivery of the new aircraft with financing from China Development Bank. HKAC now has a total of eight A320s on lease
Air Lease Corporation (the "Company") announced the launch of its initial public offering of 25,000,000 shares of Class A Common Stock. All shares included in the initial public offering are being sold by the Company. The estimated initial public offering price is between $25.00 and $28.00 per share. The Company
Embraer and Minsheng Financial Leasing, a subsidiary of China Minsheng Banking Co., jointly announced the signature of a strategic cooperation agreement between the two parties. The agreement is designed to create financing opportunities for selling Embraer executive jets to China and the international market and to jointly promote executive aviation in China. In light of
Air Lease Corporation (the
Embraer and Minsheng Financial Leasing, a subsidiary of China Minsheng Banking Co., jointly announced the signature of a strategic cooperation agreement between the two parties. The agreement is designed to create financing opportunities for selling Embraer executive jets to China and the international market and to jointly promote executive aviation in China. In light of
Bombardier reported its overall financial results for the fourth quarter and the year ended January 31, 2011. Revenues totalled $17.7 billion, compared to $19.4 billion last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) amounted to $1.1 billion, the same as last fiscal year. EBIT margin increased to 5.9% compared to
Goodrich Corporation has signed an agreement with SSCP Aero Holdings S.C.A., a company backed by the European private equity firm Stirling Square Capital Partners, to acquire Microtecnica S.r.l. Microtecnica is a leading provider of flight control actuation systems for helicopter, regional and business aircraft, missile actuation, and aircraft thermal and environmental control systems. The transaction
Bombardier reported its overall financial results for the fourth quarter and the year ended January 31, 2011. Revenues totalled $17.7 billion, compared to $19.4 billion last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) amounted to $1.1 billion, the same as last fiscal year. EBIT margin increased to 5.9% compared to
Goodrich Corporation has signed an agreement with SSCP Aero Holdings S.C.A., a company backed by the European private equity firm Stirling Square Capital Partners, to acquire Microtecnica S.r.l. Microtecnica is a leading provider of flight control actuation systems for helicopter, regional and business aircraft, missile actuation, and aircraft thermal and environmental control systems. The transaction
Volvo Aero is acquiring all Pratt & Whitney
