Just a few weeks after Embraer received regulatory approval for its medium-sized Legacy 500 business jet, the Brazilian company broke ground on the construction of its Legacy 500 and Legacy 450 assembly complex in Melbourne, Florida. The 236,000 ft² premises should be operational by 2016 and will feature four new buildings. These will include an
Airbus Group N.V. has successfully signed an amended and extended €3bn revolving syndicated credit facility, in a move designed to benefit from the current favourable loan market conditions. The facility, which was amended and restated on October 10th, 2014, has a maturity of five years plus two one-year extension options and carries an opening margin
Boeing and Garuda Indonesia announced an order for 50 737 MAX 8s, valued at $4.9bn at current list prices. The flag carrier of Indonesia will purchase 46 737 MAX 8s and will convert existing orders for four Next-Generation 737-800s to 737 MAX 8s. The order was previously accounted for on Boeing’s Orders and Deliveries Web
Final assembly of VietJetAir’s first A320 on order from Airbus is now underway in Toulouse, France. This is the first of up to 100 of the best-selling single aisle aircraft that will be acquired by the airline under a deal finalised in February this year. The acquisition plan covers firm orders with Airbus for 63
China Aviation Supplies Holding Company (CAS) and Airbus have signed a General Terms Agreement (GTA) for the purchase of a total of 70 Airbus A320 Family aircraft, reflecting the strong demand from Chinese carriers for the leading Airbus single-aisle Family for domestic, low cost, regional and international operations.
Customers in Europe and the Middle East who operate large-capacity, long-range “heavy” helicopters now have a convenient, highly skilled option for major refurbishments of their aircraft. Heli-One Poland recently completed its first G-Check inspection, of an Airbus Helicopter Super Puma AS322L aircraft, for CHC Helicopter, Heli-One’s parent company and now is extending that service to
GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE signed an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 bn. The acquisition is in line with GE Capital’s strategic plan of growing and enhancing value in core areas aligned with GE’s industrial domains including energy, aviation, oil & gas
Precision Aircraft Solutions has finished the conversion of MSN 28718, a 757, for DHL affiliate Blue Dart Aviation. The aircraft was modified at TAECO in Xiamen, PRC, and will fly in India. The weight upgraded (high payload) freighter represents the fifth 757-200PCF to join the Bluedart fleet. DHL global network air providers currently operate 15
Embraer delivered the first Legacy 500, its new midsize executive jet. The launch customer, a Brazilian company, received the aircraft during a ceremony at Embraer headquarters, in São José dos Campos, Brazil. The entry into service of the Legacy 500 is yet another important achievement by our Company,” said Marco Túlio Pellegrini, President and CEO,
Marshall Aviation Services at Cambridge signed an agreement with Blink, the six-year-old Blackbushe, UK-based air taxi and jet charter operator, to provide multi-year MRO and technical support for its six Cessna Citation Mustang VLJs. Marshall, drawing on its 40 years’ experience providing Citation support, will provide base support in the UK at its Cambridge headquarters,
