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Waypoint Leasing closes 31 aircraft acquisition from First Reserve

Waypoint Leasing (Ireland), a leading global helicopter leasing company, has closed the acquisition of a portfolio of 31 in-demand, new technology aircraft from First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy. The portfolio includes 18 AgustaWestland AW139s, 11 Sikorsky S-92s and two Sikorsky S76C++ aircraft models. All aircraft

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Abu Dhabi Commercial Bank provides financing for Etihad Airways' first A380-800

Etihad Airways, the UAE’s national carrier, has received financing from Abu Dhabi Commercial Bank (ADCB) for its first Airbus A380-800 aircraft, which was showcased to the public for the first on December 18th, at Abu Dhabi International Airport. ADCB is providing financing for one A380-800 aircraft following a competitive global request for proposal. The A380

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VLM Airlines signs engine support agreement with PowerJet

VLM Airlines has signed a long-term support agreement with PowerJet, manufacturer of the SaM146 engine that powers the Sukhoi Superjet 100 (SSJ100). In October 2014, VLM Airlines announced the airline would become the first European operator of the long-range SSJ100 LR regional aircraft. Arthur White, CEO of VLM Airlines, says: “This cooperation is another step

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AFI KLM E&M includes 787 nacelles in maintenance offering

Air France signed an agreement with UTC Aerospace Systems (UTAS) to provide rotable provisioning (on lease and exchange) and MRO (maintenance, repair & overhaul) services on Boeing 787 nacelle Dreamliner components designed and manufactured by UTC Aerospace System’s Aerostructures business unit. The agreement negotiated with UTAS paves the way for AFI KLM E&M to implement

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Finnair Board of Directors approves performance share plan for 2015-2017

Finnair Board of Directors has approved as a part of existing long-term incentive arrangement a performance share plan, covering years 2015–2017, for the key personnel of the Finnair Group. The share plan is a part of Finnair’s long-term share-based incentive arrangement that Finnair Board of Directors approved in 2013, and which consists of annually commencing

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Virgin America launches codeshare agreement with China Eastern

Virgin America and China Eastern announce a codeshare agreement on December 16th, to offer seamless booking and travel from Shanghai, China to multiple destinations across the United States. The new agreement will see China Eastern place its two-digit flight code (MU) on a range of Virgin America routes from Los Angeles and San Francisco –

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Embraer’s Legacy 500 receives EASA certification

Embraer’s Legacy 500 executive jet was granted certification by the European Aviation Safety Agency (EASA) during a ceremony at its headquarters, in Cologne, Germany. This approval enables entry into service of the aircraft in the Member States of the European Union as well as in EASA associated countries. “EASA’s certification is a very important achievement

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Marshall complements engineering, MRO and cabin upgrade capabilities with creation of aircraft refinishing facility

Marshall Aerospace and Defence Group has developed a dedicated aircraft refinishing facility aircraft for Boeing 747-400, 777 and Airbus A330-sized aircraft at its site in Cambridge, United Kingdom. The new aircraft refinishing facility, which opens its doors for business in early 2015, is located within a secure hangar at the Cambridge site, making it one

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