BOC Aviation has converted its US$5bn Euro Medium Term Note Program to a US$5bn Global Medium Term Note Program (“GMTN Program”), pursuant to which BOC Aviation may issue Notes in the United States to qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-US persons in
East Midlands-based RVL Group is the latest company to sign a contract to use Commsoft’s flagship OASES product to control its varied fleet of multi-role specialist operations aircraft. The five-year, five-concurrent user contract will support RVL Group’s mixed fleet of nearly 20 light twin piston and turboprop aircraft. The new RVL Group contract, which will
Monarch Aircraft Engineering has been contracted to provide maintenance, repair and overhaul (MRO) at Boeing’s new facility at Copenhagen International Airport to support GoldCare customers in the region. Working as a partner of Boeing’s GoldCare programme, the aircraft maintenance provider will base a team of up to 20 skilled engineers in Copenhagen. The base maintenance,
The long-term contract signed between Royal Air Maroc (RAM) and AFI KLM E&M organizes component repair and overhaul services for Boeing 787s owned by the Moroccan flag carrier, with dedicated access to the AFI KLM E&M spares pool at Amsterdam. This latest agreement is an extension to the contract inked in January 2013, when RAM
GE Capital Aviation Services (GECAS), the commercial aircraft leasing arm of GE, delivered a new Boeing 737-800 aircraft to Kenya Airways to expand the carrier’s fleet. The aircraft is part of GECAS’ existing order book with Boeing. Kenya Airways currently operates more than 40 aircraft to more than 50 destinations.
FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, signed a Base Maintenance agreement with Turkmenistan Airlines. Under the agreement, FL Technics will provide C-Check support for the carrier’s five Boeing 737 NG aircraft. The first Boeing 737-800 operated by the national airlines of Turkmenistan has already reached FL Technics premises
It was back in the first week of December 2014 that an Airbus A320 came within 20ft of colliding with a drone while landing at Heathrow airport. This, together with a number of other high profile incidents, including the flying of substantial drones around the Eiffel tower, US Embassy, the Louvre and Bastille monument all
Air Seychelles, the national carrier of the Republic of Seychelles, reported a third consecutive year of profitability after recording a net profit of US$3.2m for 2014. The result exceeds last year’s profit of US$3m and reflects continued improvement in the airline’s key performance indicators, following Etihad Airways’ acquisition of a 40% share in 2012 and
China’s Changzhou National High-tech Industrial Development Zone recently inked a framework cooperation agreement with Beijing General Aviation Co. (BGAC), under which BGAC will invest more than 5bn yuan (approx. US$820m) over a five-year period in a move to establish the sole general aviation manufacturing and operation service hub in Jiangsu province of eastern China. Previously,
BOC Aviation announce the signing of a new agreement for firm orders of V2500 engines to power 12 new A320 family aircraft, part of its existing order with Airbus. The V2500 engine is offered through IAE International Aero Engines, an aero engine consortium led by Pratt & Whitney in collaboration with Pratt & Whitney Aero
