American Airlines Group has priced US$500.0 million aggregate principal amount of unsecured senior notes due 2025 (the notes). The notes will have an interest rate of 3.75% per annum and are being issued at a price equal to 100% of their face value. The notes will be guaranteed on a senior unsecured basis by the […]
American Airlines Group announces pricing of unsecured senior notes Read More »
Gulfstream Aerospace will expand its operations in the Dallas-Fort Worth metropolitan area with the construction of a service center at Fort Worth Alliance Airport. The facility, which will complement Gulfstream’s presence at Dallas Love Field, is expected to open by the fall of 2021 and will create approximately 50 new jobs. To help meet the
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Vancouver is officially the third Canadian destination for global airliner, Turkish Airlines. Starting June 9, 2020, the airline is offering three flights a week into and out of Vancouver International Airport. Already operating nine weekly flights to Canada; six to Toronto and three to Montreal, the flag carrier airline will increase that number to 12
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AJ Walter Aviation, part of the AJW Group (AJW), has closed a US$70m senior secured credit facility with Wells Fargo Capital Finance (UK) – part of Wells Fargo & Company – as lead bank and Shawbrook Bank (Shawbrook) as participant. Proceeds of the five-year facility will be used to support spare parts acquisitions to meet
Wells Fargo supports refinancing of AJ Walter Aviation Read More »
It has been announced on Thursday that France and Germany have signed a €150 million deal to develop a next-generation fighter jet, with Dassault Aviation and Airbus building the aircraft. The intention is for the jet to be ready by 2040 with a view to replacing the current Dassault Rafale and German Eurofighter. “This is
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Liebherr-Aerospace has signed a landing gear overhaul agreement with Great Dane Airlines, for the overhaul of the Danish airline’s Embraer E195 fleet. Startup airline Great Dane Airlines was founded in 2018 and began services in mid-2019. Last year has been quite successful for the Original Equipment Manufacturer (OEM) as it was able to include in
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Royal Aero has inducted its first GE90-115B engine for teardown, with the first overhauled parts being available by the end of March. Supporting the much loved-B777 fleet, with an extended life due to new cargo conversion programs, Royal Aero has forecast a solid demand for engine material on this engine type for many years.
Royal Aero inducts first GE90-115B engine for teardown Read More »
ATP Flight School’s newest Texas training center will open March 2, 2020, at the San Antonio International Airport. Part of a nationwide network of 40 locations, this new facility is ATP’s seventh in the state, including operations in Austin, Dallas and Houston. The new San Antonio training center will be solely focused on the development
ATP Flight School opens airline pilot training center in San Antonio, Texas Read More »
In the full-year 2019, the Air France-KLM Group has posted an operating result of €1,141 million, down by 18.8% compared to last year, impacted by a challenging trading environment and a higher fuel bill. Net income amounted to €290 million in 2019, a decrease of €130 million compared to last year. The fuel bill, including
High fuel costs weigh on Air France-KLM’s fiscal year 2019 results Read More »
The Qantas Group continued to deliver strong earnings in a mixed market in the first half of full-year 2020 (FY20), with an underlying profit before tax of AU$771 million and a statutory profit before tax of AU$648 million. The underlying result was AU$4 million less than the same period last year – despite AU$51 million
Qantas Group delivers strong performance in first half of full-year 2020 Read More »
