B/E Aerospace’s Board of Directors has commenced a process to separate its leading businesses into two independent, publicly traded companies — one focused on aircraft cabin interior equipment – design, development, manufacturing, certification and direct sales on a global basis (“Manufacturing Co.”), and the other focused on distribution, logistics and technical services for the aerospace
Air Lease Corporation reported twelve-year lease agreements with EVA Air (Taiwan) for two new Boeing 777-300ER widebody aircraft, scheduled for delivery in the second half of 2015 and first half of 2016. These aircraft are from ALC’s order book with Boeing.
Mesa Air Group received approval from the Federal Aviation Administration to add the Embraer E175 to its operating certificate, a critical accomplishment in its goal of having the aircraft “on line on time.” Mesa will begin its E-Jet operations this summer with the first of 30 aircraft scheduled for delivery as part of its United
Element Financial Corporation, one of North America’s leading equipment finance companies, has entered into an agreement with Cargojet, to finance three Boeing 767-300ER freighter aircraft for approximately $100m. The transaction will provide the Canadian supplier of air cargo services with additional capacity to support its growing client base.
Willis Lease Finance Corporation (WLFC), the premier independent jet engine lessor in the commercial finance sector, and China Aviation Supplies Import & Export Corporation Limited (“CASC”), a Chinese leader in aviation supplies trade, distribution and logistics, announced the launch of CASC Willis Engine Lease Company Limited (“CASC Willis”), a new 50/50 joint venture. The new
PART, an ARC Aerospace Industries Company, has recently completed maintenance in support of another South America Presidential B737-500 aircraft. The Boeing 737-500 aircraft left PART’s facility on Friday, June 6th after a complete transformation including a C-check and full interior restoration, new paint, along with complete Satcom and IFE upgrade. PART provides Maintenance, Repair, and
Hong Kong Aircraft Engineering Company Limited (HAECO) Group has officially opened a new component MRO facility at Xiamen, in Mainland China called HAECO Component Overhaul , which is a wholly owned subsidiary of the HAECO Group. The initial 1,500 m² component MRO workshop setup has technical capabilities on hydraulic, mechanical, avionic and pneumatic systems across
AviaAM Leasing, a WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has recently delivered the second Boeing 737-500 aircraft to Russian Far East airline Aurora. Prior to the aircraft’s delivery, AviaAM Leasing has conducted a comprehensive set of works, including C-Check, cabin refurbishment and livery change. The Boeing 737-500
Embraer Executive Jets celebrated the delivery of the 500th Phenom family jet, a significant achievement only five-and-a-half years after entry into service of the first aircraft. Winners of various innovation and design awards, the Phenom 100E and the Phenom 300 are best-in-class jets, having redefined the entry-level and light jet segments with the latest generation
The worldwide fleet of EC225s that perform heli-lift duties for oil and gas operators increased by three with Airbus Helicopters’ triple delivery of workhorse rotorcraft acquired by Milestone Aviation Group and leased to SonAir – an African operator – which will utilize them in Angola. The handover ceremony in Marignane, France marked the latest such
