Sikorsky Aircraft Corp. signed a contract to provide two VIP S-92 helicopters to the Turkish National Police (TNP) for service to the Turkish Prime Ministry. The new helicopters will support the Head of State function currently served by one S-92 helicopter operated by the TNP since 2005. The two S-92 helicopters will join a robust
EMRISE CORPORATION, a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, has received a $1.5m order for electronic devices and subsystems to be used in In-Flight Entertainment and Connectivity (IFE&C) systems to be installed in commercial aircraft. The order, which was received from a longstanding customer by the Company’s Pascall Electronics Ltd.
Dell OEM Solutions has partnered with Airbus to support A320 Family airliner operators worldwide by providing an end-to-end Electronic Flight Bag (EFB) solution supported by Dell Latitude solutions. Dell laptops, which adhere to strict regulatory standards, will be pre-loaded with FlySmart with Airbus software and installed as Class-2 EFB equipment. This EFB approach eliminates the
HEICO Corporation has entered into a definitive agreement to acquire Reinhold Industries from certain affiliates of The Jordan Company, L.P., a New York-based investment firm, and Reinhold management. Reinhold will be part of HEICO’s Flight Support Group. Financial details were not disclosed, but HEICO stated that it expects the acquisition to be accretive to its
GE Aviation received firm orders for more than 200 CF34 engines from customers since December 2012. Orders include 47 firm orders and 47 options for CF34-powered E175 aircraft from Republic Airways (January), five CF34-powered Embraer E175 and 15 CF34-powered E175 aircraft from Aldus Aviation (January), 40 firm orders and 30 options for CF34-powered Bombardier CRJ900
WestJet has entered into an agreement with a third party under which WestJet will sell 10 of its oldest Boeing Next-Generation 737-700 aircraft to that party in 2014 and 2015, and concurrently entered an agreement with Boeing to purchase 10 Boeing Next-Generation 737-800 aircraft in 2014 and 2015, effectively reducing the average age of WestJet’s
WestJet announced its first quarter results for 2013. The airline reported record net earnings of $91.1m, up from the net earnings of $68.3 million reported in the first quarter of 2012. These results mark WestJet’s 32nd consecutive quarter of profitability. Based on the trailing twelve months, the airline achieved a return on invested capital of
Airstream International Group has arranged the sale of five B737-500 aircraft. The aircraft have been acquired from Royal Air Maroc by Vx Capital Partners, a US based private investment firm. The aircraft, msn 25317, 26525, 26527, 27679 and 27680 were the last five remaining B737-500’s in the RAM fleet being remarketed by Airstream. These sales
BOC Aviationn successfully priced a US$150m re-opening of the existing US$350m 4.375% Senior Unsecured Notes due May 2023 (the “Notes”), to tap into unfilled investor demand. The re-opened issuance was more than six times subscribed with orders exceeding US$900m. Carrying the same coupon rate of 4.375% per annum and the same maturity date of 2
German-based completions and refurbishment company 328 Support GmbH, delivered the final aircraft in a series of three Dornier 328 jet conversions (MSN 3141) to Nigerian charter company SkyBird Air in early April. The Lagos based company, which was a new African customer for 328, accepted the refurbished 32 seat 328 Jet aircraft at 328’s facilities
