Aircastle increased the size of its existing unsecured revolving credit facility with Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank N.A. and Royal Bank of Canada, as joint lead arrangers, Citibank, N.A. as agent; and Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank N.A., Royal Bank of Canada, Credit Agricole Corporate
Gogo, a leading global aero communications service provider, reported that it’s on track for record aircraft installs in 2015. The company now has a backlog of well more than 1,000 commercial aircraft, more than half of which are expected to be installed in 2015. With the large backlog in commercial aviation and the company’s current
Aircraft cabin lighting specialists, STG Aerospace, announced the appointment of Neil Thomas as Engineering Director. A graduate in Electronic Engineering, a Chartered Engineer and a Chartered Manager, Neil joins the company having worked in airline cabin and avionics environments for more than 20 years, specialising in leading multi-disciplinary engineering teams and providing the technical interface
Marshall Aviation Services, the business aviation-focused arm of the Marshall Aerospace and Defence Group, announced it is widening its expertise into the FBO arena. It has secured the executive aviation handling facility (FBO) at Birmingham Airport and will formally open for business under the Marshall Aviation Services name within the next few months. Marshall has
After nearly ten years of discussions, Australia’s Prime Minister Tony Abbott and China’s President Xi Jinping concluded negotiations for a China-Australia Free Trade Agreement (ChAFTA) on 17th November 2014. The Australian Trade and Investment Minister Andrew Robb and Commerce Minister Gao Hucheng signed a Declaration of Intent to work towards signature of the Agreement. ChAFTA
PacAvi Group has delivered to HAITEC Aircraft Maintenance GmbH its prototype Airbus A320 (MSN 293) for conversion from passenger to freighter (P2F) configuration, in order to finalize regulatory approval by the FAA, EASA, and other governmental authorities. Initial work has commenced on the prototype, which will be fully converted P2F on an aggressive schedule. HAITEC
FLY Leasing has agreed to purchase two new Airbus A321 aircraft in a sale and leaseback transaction with a leading European airline. The first aircraft has already been delivered and the second will be delivered in the coming months. Both aircraft are on long-term leases. “FLY continues its growth trajectory with the acquisition of two
Parker Aerospace has been selected by the Aviation Industry Corporation of China’s AVIC Aircraft to supply the flight control actuation and hydraulic system for the new MA700 regional aircraft. Parker Aerospace will provide fly-by-wire actuators for the new twin turboprop MA700. Part of the bill of material will be provided by Parker’s partner AVIC FACRI
American Airlines officially welcomes its first Boeing 787 Dreamliner. American took delivery of the airplane, a 787-8 with registration number N800AN, on January 22nd, at Boeing’s factory in Everett, Washington. American has placed firm orders for 42 Boeing 787 aircraft, with the right to acquire an additional 58. American will take delivery of both the
BOC Aviation is pleased to announce the signing of a new contract with CFM International (“CFM”) for firm orders of CFM 56 engines to power 10 new A320 aircraft, part of its existing order with Airbus. “This new engine order signifies our continued confidence in CFM 56-powered A320 aircraft, delivering a reliable airframe and engine
