Embraer has priced an offering of US$1.0bn notes due 2025 with yield of 5.091% per annum, issued through its wholly-owned subsidiary Embraer Netherlands Finance B.V. The notes will be fully and unconditionally guaranteed by Embraer. The notes have been registered under the U.S. Securities Act of 1933 and are expected to be listed on the
Back in March 2014, 11 airlines began to trim back flight services to Venezuela in light of rising debt owed for non-payment of ticket sales to appropriate airlines. At the time it was estimated that Venezuela owed airlines in excess of US$3.80bn for ticket sales during 2012 and 2013 and as a result of the
The Messier-Bugatti-Dowty (Safran) plant in Villeurbanne, near Lyon, unveiled two new brake test rigs. These new test facilities are primarily intended to test the type of carbon material produced by the company worldwide. They will be used to measure the reliability and effectiveness of brakes for all types of commercial, business and military aircraft, under
Airbus and Aerolineas Argentinas have signed a strategic agreement to establish the first Airbus maintenance training collaboration in South America at the airline’s facilities in Buenos Aires. The venture will deliver maintenance and engineering training services for A320, A330 and A340 aircraft and will implement Airbus’ training standards, including its dynamic trainers and teaching techniques.
AFI KLM E&M and TNT Airways signed a flight-hour agreement, covering the support of the GE90-110B engines powering the airline’s 777 Freighters fleet. AFI KLM E&M is now providing TNT Airways with a dedicated, integrated support program taking in the entire Engine maintenance service chain, from removal to reinstallation, including shop visits, “on-site” work, routine
Colombian based low-cost airline VivaColombia, has extended its contract with AJW Aviation – a leading independent provider of integrated aircraft support services, for the provision of component power-by-the-hour support for a fleet of A320s that is anticipated to grow to ten aircraft by the end of 2015. The first true low-cost airline in Colombia, VivaColombia
Against a background of moderate international economic development, Liebherr recorded a slight change in turnover for the 2014 business year, with a total of €8,823m, 1.6% (€141m) below the previous year’s figure. Liebherr’s construction machinery and mining division achieved a turnover of €5,294m, €336m or 6.0% below the previous year’s figure. The result was positive,
Mitsubishi Aircraft Corporation and Mitsubishi Heavy Industries, (MHI) started low speed taxiing tests with the first flight test aircraft of the MRJ (Mitsubishi Regional Jet), their next-generation regional jet, at the Nagoya Airport (Toyoyama-cho, Aichi Prefecture). Taxiing is the movement of an aircraft on the ground under its own power. An airplane uses taxiways to
Aviation Partners announced that as of June 5th, 2015, its unique Blended Winglet Technology has saved the worlds commercial and business jet operators an estimated five billion gallons of jet fuel. This represents a global reduction in CO2 emissions of over 107 billion lbs (or almost 54 million tons.) Aviation Partners’ designed Winglets are now
The forthcoming International Air Transport Association (IATA) meeting is likely to get off to a heated start this Sunday as the row over accusations of Gulf airlines benefitting from unfair subsidies rolls on. However it is not now just the three main US carriers who started the row (Delta, United and American Airlines) who are
