Rolls-Royce has announced an £18m investment in Bristol, UK, to support the TP400 engine. The TP400, produced by the Europrop International engine consortium in which Rolls-Royce is a senior partner, powers the Airbus A400M military transport aircraft which has just entered service with the UK’s Royal Air Force (RAF). The investment will fund the provision
Bombardier Commercial Aircraft officially welcomed Investec Bank to the family of Q400 aircraft lessors as Thai premium low-cost carrier Nok Air and the international bank and asset manager closed the sale and leaseback of two extra capacity Bombardier Q400 NextGen airliners. The 86-seat aircraft recently joined the carrier’s fleet as part of a purchase agreement
Avolon Holdings announced the launch of its initial public offering of 13,636,363 common shares. The initial public offering price is currently expected to be between $21 and $23 per share, which would result in a total offering size of between US$286m and $314m. All of the common shares are being offered by the selling shareholders.
Azul Brazilian Airlines has signed a purchase agreement for 35 A320neo Family aircraft. The airline, which is also leasing another 28 A320neo aircraft, has chosen the A320neo Family to carry out domestic long haul flights and high density routes, including Campinas – Salvador and Campinas – Recife. For Azul, an important driver for selecting the
Stellwagen Finance Company, the parent company of Aviation Finance Compan (AFC) of Dublin, Ireland announced the purchase of Volito Aviation Services A.B. (VAS) of Sweden together with its Irish subsidiary. The acquisition will be completed in two stages and the first stage is now completed. This acquisition represents another step in the evolution of AFC’s
As from summer 2015 and during a three-month trial phase, Air France and Orange will offer Wi-Fi access on board two Airbus A320s on the short and medium-haul networks. Customers travelling on two Air France short and medium-haul Airbus A320s will be able to surf the internet, read their emails, watch live TV or enjoy
On November 26th, 2014, the seventh Sukhoi Superjet 100 in its long range version was delivered to the Russian airline Gazpromavia. The SSJ100 with the tail number RA-89048 took off from the Delivery Centre of Sukhoi Civil Aircraft Company in Zhukovsky, near Moscow, and landed in Ostafyevo International Business Airport, Gazpromavia home base. Gazpromavia is
Ryanair announced that its order to purchase up to 200 Boeing “gamechanger” 737 MAX aircraft (100 firm & 100 options) has been approved by 99.93% of shareholders who voted at its EGM in Dublin on November 28th. When finalised (and if all options are exercised) this deal will be valued at over US$22bn at current
Airbus Helicopters’ newest lightweight military multi-role helicopter, the EC645 T2 (LUH SOF), has successfully completed its first flight. In the presence of representatives of the German Armed Forces (Bundeswehr), which has ordered the first of this new helicopter type, the EC645 T2 demonstrated its capacities at the company’s Donauwörth location in Bavaria. The EC645 T2
Airbus Group SAS and DASSAULT AVIATION have signed an agreement whereby Dassault Aviation acquires a block of its own shares from Airbus and both companies cooperate to implement additional transactions by Airbus of Dassault Aviation shares in 2015 in the form of accelerated book-buildings subject to market conditions. As per the authorization granted by the
