Nordic Aviation Capital A/S (NAC), the global leader in turboprop leasing, has closed a landmark US$300m debt facility. The company will use the proceeds to part finance the acquisition of turboprop and regional jet aircraft, which will then be leased to airline partners around the world. Søren M. Overgaard, CFO, added: “This facility, which has
Following Aero Technologies, one of the Aero Maintenance Group subsidiaries, Precision Electronics has received the ANAC (ANAC – Agência Nacional de Aviação Civil) certification. This will allow the entire group to supply the Brazilian market with its full portfolio of service offerings. The ANAC certification, an internationally recognized certification for quality and management, is a
On March 8th 2014, Malaysian Airlines flight MH370, a Boeing 777 carrying 239 passengers and crew, disappeared without trace, though believed to have been somewhere over the Indian Ocean. In a pre-recorded statement aired on national TV on Wednesday this week, the Department of Civil Aviation (DCA) Director-General Azharuddin Abdul Rahman announced that it was
HAITEC Aircraft Maintenance welcomed the first Boeing 767 of its new customer Iraqi Airways, the national carrier of Iraq, to the hangar at Hahn Airport for a C-Check. “We are delighted that Iraqi Airways selected HAITEC as its MRO partner“, says Frank Rott, CEO of HAITEC. “Further checks for the B767 and B747 fleet of
ANA Holdings has ordered seven more A321 aircraft (four A321ceo with Sharklets and three A321neo), in addition to the firm order for 30 A320neo Family (seven A320neo and 23 A321neo) placed in July 2014. The latest agreement brings ANA’s total order for the A320 Family to 37 aircraft which will gradually replace its existing single
FL Technics Training, a global provider of aviation technical training services, further expands its EASA Part 147 certificate by supplementing it with a new Embraer ERJ-190 type training. Following the successful certification process, FL Technics Training is now qualified to provide aviation specialists with Embraer ERJ-190 series (GE CF34) B1.1 and B2 (sub-) categories aircraft
Gogo’s wireless in-flight entertainment product – Gogo Vision – is now installed on more than 1,700 commercial aircraft across six major airlines the company reported and continues to roll out in the business aviation market. Today, more than half of the aircraft flying around the world with wireless in-flight entertainment are equipped with the Gogo
It was on the 29th July 2014 that alarm bells started to ring for the future of Japan’s Skymark Airlines Inc. when it announced it was struggling over negotiations with Airbus SAS over their order for six A380 jets. The order had been signed in 2011 at a cost of 191.6bn Yen (US$1.88bn) and Skymark
GE Aviation reported plans for additional investment at the site of its new engine assembly facility in Lafayette, Indiana. The additional US$15M investment in machinery and equipment will allow for maintenance, repair and overhaul capability for the new LEAP engine of CFM International, a 50/50 joint company of GE and Snecma (Safran) of France. GE
Airbus Defence and Space released that Fernando Alonso has been named as Head of its Military Aircraft business unit as per 1st of March. Bernhard Gerwert, CEO of Airbus Defence and Space, will act as interim Head of Military Aircraft until this date. Fernando Alonso replaces Domingo Ureña-Raso, who has resigned from his position. Further
