AerCap Holdings N.V. has completed an amendment to its revolving debt facility. The $775 million non-recourse facility, arranged by UBS Securities LLC, was originally put in place during April 2006 and has now been amended to allow for an additional two year revolving period with a three year term-out period, extending the transaction to June 2016.
Elected officials and representatives from numerous community and business groups, suppliers and subcontractors joined more than 1,000 Boeing employees at its North Charleston, S.C., facility for a ribbon-cutting ceremony to mark the opening of the new 787 Dreamliner Final Assembly building. The new Final Assembly building features 642,720 square feet (59,711 m2) of covered space, roughly the
Ameco Beijing and Asiana Airlines recently signed a 5-year contract on Boeing 737CL’s landing gear overhaul. It’s the second landing gear overhaul customer from South Korea after Ameco’s contract with Eastar Jet this year. Ameco Beijing started cooperation with Asiana Airlines in 1991. It already performed painting, overhaul and modification on over 30 aircraft of the airline. Asiana Airlines,
On June 7th, the first A380 for Malaysia Airlines (MAS) entered the Airbus Final Assembly Line in Toulouse for the final production phase. The final assembly process of an A380 is made up of five main phases. At the first station, front, central, and aft fuselages, wings, Horizontal and Vertical Tail Plane (HTP and VTP)
Embraer’s sale of eight Super Tucano light attack and advanced training turboprops to the Indonesian Air Force is now in effect. The Company won a bidding competition held by the Indonesian Ministry of Defense, in November 2010. Since then, several administrative phases have been completed, culminating in the finished contract, which includes ground support stations
Bombardier Aerospace has signed a new repair agreement with Icelandair, based in Reykjavik, Iceland. The seven-year contract means that Bombardier will undertake all repair work on engine nose cowls for Icelandair’s fleet of Boeing 757 aircraft. Bombardier has more than 15 years of experience in repairing RB211 535E4 engine nose cowls, and this new agreement
Industria Aeronautica de Portugal, got certified as a Continuing Airworthiness Management Organization (CAMO) by the Instituto Nacional de Aviação Civil (INAC), per the European Agency for the Safety of Aviation (EASA) applicable regulations; this new competence includes as well the capacity to perform aircraft condition evaluations and issue the related Airworthiness Evaluation Certificates. With this certification
AWAS delivered an Airbus A320-200 passenger aircraft to Starflyer, a successful and growing Japanese airline. This is the first of three planned deliveries from AWAS to Starflyer through 2014, and this delivery will be the sixth aircraft in their fleet.This new aircraft will be used on three routes: Tokyo (Haneda) to Kitakyushu, Kansai and Fukuoka
The first Airbus Military C295 development aircraft fitted with an Airbone Early Warning and Command (AEW&C) rotodome has successfully completed its first flight on 7th June 2011 at Airbus Military’s site in Seville (Spain). The flight follows extensive research and development work, including wind tunnel testing, leading to the conversion of a C295 to be
Air Lease Corporation (ALC) has issued $120 million in Senior Unsecured Notes in a private placement to institutional investors. The notes contain a 5% coupon for a 5-year term with a maturity of June 6, 2016. The issuance constitutes the first time ALC has obtained long term unsecured financing under the SEC’s Regulation D in a
