AviaAM Leasing reported the delivery of a Boeing 737-700 to one of major Kazakhstan’s carriers – SCAT Airlines. The aircraft is the first Boeing 737-700 in the carrier’s fleet. Under the latest cooperation, AviaAM Leasing has conducted cabin renewal and livery change works, as well as increased the aircraft’s maximum take-off weight and enhanced the
A customer, who has requested to remain unidentified at this time, has placed a firm order for 16 Bombardier CRJ900 NextGen regional jets and has also taken options for eight additional airliners of the same type. Based on the list price for the CRJ900 NextGen aircraft, the firm order is valued at approximately US$727m. The
BAE Systems announced a reorganisation of its portfolio of interests in a number of industrial companies in the Kingdom of Saudi Arabia and an enhancement of its existing relationship with Riyadh Wings Aviation Academy (Riyadh Wings). Through a number of transactions, the reorganisation will bring together shareholdings of the BAE Systems group and Riyadh Wings
GOL Linhas Aereas Inteligentes S.A., the largest low-cost and low-fare airline in Latin America, has closed a financing of US$68m with Credit Agricole Corporate and Investment Bank (“Ca-Cib”), guaranteeing 12 proprietary spare CFM56-7B engines, with the possibility of increasing an additional US$100m for future proprietary engine deliveries. The financing is over seven years at a
Ducommun Incorporated has received a contract from Boeing to produce engine inlet bulkheads for the 737 MAX — Boeing’s newest family of single-aisle airplanes. Ducommun will produce the titanium assemblies at its Parsons, Kan. operations center and ship them for integration into 737 MAX engine nacelle inlets at Boeing’s new Propulsion South Carolina facility. Ducommun
AviaAM Leasing, a WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, is further developing its cooperation with Russian carriers by supporting Orenburg Airlines with another Boeing 737-800 aircraft. Under the cooperation, the aircraft is already the third Boeing 737 NG delivered to the Orenair’s fleet. Prior to the aircraft’s
Rolls-Royce announced the merger of two wholly owned subsidiaries, Aero Engine Controls (AEC) and Optimized Systems and Solutions (OSyS), to form a new business, Controls and Data Services (CDS), which will continue to operate as part of the Rolls-Royce Group. The new business will bring together equipment sensors, controls and monitoring systems with performance analysis
NetJets, a Berkshire Hathaway company and the worldwide leader in private aviation, together with Bombardier Aerospace, revealed the first Signature Series Challenger 350 aircraft at Westchester County Airport in White Plains, NY. This event marked the official entry-into-service of the Challenger 350 aircraft. Bombardier Business Aircraft President Éric Martel presented the ceremonial keys to NetJets
Waypoint Leasing, a leading global helicopter leasing company, has increased the committed borrowing capacity under its five year revolving credit facility from $335m in November 2013 to $468m as of June 30, 2014. The facility bolsters Waypoint’s ability to continue adding attractive and diversified helicopter assets to its fleet, which today includes over 40 aircraft
Triumph Group reported the completion of the previously announced acquisition of the hydraulic actuation business of GE Aviation. The acquired business will operate as Triumph Actuation Systems-Yakima and Triumph Actuation Systems- UK & IOM. The business is expected to add approximately $180m in annual revenue and to be immediately accretive to earnings. The purchase price
