Singapore Technologies Aerospace’s (ST Aerospace) VIP completions brand ‘AERIA Luxury Interiors’ (AERIA) has secured a nose-to-tail cabin completion contract for a wide-body VIP aircraft, from an undisclosed customer. This follows shortly after clinching a green aircraft completion deal for a VIP 737 BBJ in February this year. The aircraft interior will be elegantly designed by
The Brazilian Civil Aviation Agency (Agência Nacional de Aviação Civil – ANAC) granted type certification for the Legacy 500 executive jet during a ceremony at the Latin American Business Aviation Conference and Exhibition (LABACE), in São Paulo, Brazil. Embraer expects to receive certification from the FAA (Federal Aviation Administration) in the upcoming weeks and certification
Surf Air announced a total order of up to 65 new Pilatus aircraft (15 firm orders and 50 options) to be delivered over the next five years, with a total order value of approximately $312m. The first 15 aircraft are being financed by a $65m senior facility from White Oak Global Advisors, alongside an additional
Airstream International Group has arranged, on behalf of a large US based Lessor, the dry lease of one DHC-8-Q300, MSN557 (8Q-IAK), to Island Aviation Services of the Maldives. MSN557 was previously owned and operated by Caribbean Airlines before being purchased by the lessor in 2013 as part of a five aircraft package, a transaction that
AeroCentury, an independent aircraft leasing company, reported its operating results for the second quarter ended June 30, 2014. The Company reported a net loss of $3.9m for the second quarter of 2014, compared to net income of $1.3m for the second quarter of 2013. The Company reported a net loss of $3.6m for the first
Volartec announced Island Transvoyager (ITI Air) to be the launch customer in South East Asia. With the latest ATR 42-500 addition to the fleet, ITI sought a suitable Maintenance Management System to manage its expanding fleet. The first ATR 42 will be added to Alkym Management and Control System for Aircraft Maintenance as part of
AerCap Holdings N.V. announced that its adjusted net income was $212.4m for the second quarter of 2014. Adjusted earnings per share were $1.29 for the second quarter of 2014, an increase of 118% over the second quarter of 2013. On May 14, 2014, AerCap completed the acquisition of International Lease Finance Corporation (“ILFC”) from American
Marshall Aerospace Canada, part of Marshall Aerospace and Defence Group, has increased its in-country presence and strengthened its commitment to focused new business development in North America, with the purchase of a 4,343 ft² building at Abbotsford Airport in British Columbia. The building will become Marshall’s Canadian head office, out of which the company’s comprehensive
The HAECO Group reported an attributable profit of HK$283m for the first six months of 2014. This compares with a profit of HK$359m for the equivalent period in 2013. Earnings per share decreased by 21.2% to HK$1.70. Turnover increased by 65.6% to HK$5,337m, with the acquisition of TIMCO accounting for 61.8% of the increase. The
Embraer Executive Jets is expanding its customer support and service network into the Brazilian Northeast. AeroMecânica, located at Coroa do Avião airfield, in Igarassu, metropolitan Recife, will be the first Authorized Service Center for line maintenance, scheduled inspections, and remote services for Phenom 100 and Phenom 300 jets, in the region. Customers in the region
