BOC Aviation signed an agreement to sell a portfolio of 24 aircraft to Shenton Aircraft Investment I Ltd. and affiliates (“SHNTN 2015-1”). To finance a portion of the purchase of the aircraft portfolio, SHNTN 2015-1 has issued two tranches of notes, comprising US$747.4mn of 4.75% Series A notes (A, Standard & Poor’s / Fitch Ratings)
After the postponement from June this year, Mitsubishi Aircraft has confirmed the time for the new maiden flight as between October 26th and 30th, the exact date being released one day in advance of the actual flight. A subsidiary of Mitsubishi Heavy Industries, Mitsubishi Aircraft have designed the Mitsubishi Regional Jet (MRJ) with between 70
Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, is pleased to announce its support of the new PW100SMARTSM range of service offerings introduced by Pratt & Whitney Canada (P&WC) for PW100 turboprop operators. The PW100SMARTSM suite of offerings is designed to help operators keep their aircraft flying with predictable
ATL Partners, an aerospace and transportation focused private equity firm, is partnering with the Public Sector Pension Investment Board, one of Canada’s largest pension investment managers, to form SKY Leasing. As part of the transaction, SKY Leasing will acquire certain assets of Sky Holding Company (“SHC”) controlled by leasing industry veteran Richard Wiley. Mr. Wiley
Air Atlanta Aviaservices, a provider of component maintenance, repair and overhaul (MRO) services, utilized Quantum Control MRO and Logistics software to help grow its operations. Located near Gatwick Airport in Crawley, UK, Air Atlanta Aviaservices has expanded its user base from 20 to 38, and added a second database for its parts sales facility in
Troubles at Air France came to a head last week when scuffles broke out at a management meeting intended to discuss the raft of expected redundancies subsequent to the failure of the recent rounds of talks between the airline and unions. As part of Perform 2020 the airline has set itself the target of reducing
Avolon (AVOL), the international aircraft leasing company, announced the delivery of one Boeing 737-800 aircraft to Malindo Air. This is Avolon’s second aircraft on lease to Malindo Air.
TRIGO Group has been awarded a contract by Airbus, and will provide comprehensive inspection of aircraft cabin elements for the Pan-European aircraft manufacturer for the upcoming years. Due to the continuous technical and commercial improvement of air transport, as well as the liberalization of the aviation sector, key players of aeronautics need to adapt themselves
Embraer delivered 21 jets to the commercial aviation market and 30 to the business aviation market, for a total of 51 aircraft. The number is 50% higher than in the same period last year, when 34 aircraft were delivered – 19 commercial and 15 executive jets. On September 30th, 2015, the company’s backlog totaled US$22.8bn.
AerData, provider of lease management, records management and engine fleet planning software, released that ACS Aero Management (Subsidiary of Aero Capital Solutions), has chosen AerData’s Corporate Management System (CMS) software to support technical records management and technical audit and inspection data management. AerData CMS is an industry-leading platform that supports all business processes in aircraft
