AeroCentury signs agreement to acquire JetFleet Holding

AeroCentury (the Company or AeroCentury) , an independent aircraft leasing company, has signed a definitive Agreement and Plan of Merger (Merger Agreement) for the acquisition of JetFleet Holding (JHC) on October 26, 2017. JHC is the parent of JetFleet Management Corp. (JMC), which has managed the Company’s operations and aircraft portfolio since AeroCentury’s founding in […]

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Aergo Capital announces pricing of inaugural aircraft portfolio transaction, ‘METAL 2017-1’

Financial / Leave a Comment

Aergo Capital Limited headquartered in Dublin, Ireland has announced the issuance of US$584.839m of secured notes (the Notes) by METAL 2017-1 Limited (METAL Cayman) and METAL 2017-1 USA LLC (METAL USA). Together METAL Cayman and METAL USA expect to use the proceeds from the sale of the Notes to acquire a portfolio of 26 aircraft

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Embraer and American Airlines sign contract for ten E175s

Aircraft & Engines, Top Stories / Leave a Comment

Embraer and American Airlines have signed a firm order for ten E175 jets. American Airlines is exercising its purchase rights from its original contract with Embraer signed in 2013. This new order is in addition to the one placed in April for four aircraft. This new order is valued at US$457m, based on current list

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AEI to provide two CRJ200 conversions for Pinnacle Partners

MRO & Production / Leave a Comment

Aeronautical Engineers (AEI) has signed a contract to provide two CRJ200 SF freighter conversions to Pinnacle Partners. The first CRJ200 (MSN 7421) will commence modification in November with redelivery scheduled for March 2018. The second CRJ200 (MSN 7417) will commence modification in December, with redelivery scheduled for April 2018. Both freighter conversions will take place

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STG Aerospace receives lighting retrofit contract

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India’s third largest airline, SpiceJet, has partnered with STG Aerospace in a cabin lighting retrofit programme, which will see the airline upgrade its fleet of 737-700/-800/-900 with LED aftermarket ambient lighting solution, liTeMood®. This is the first major retrofit win for STG Aerospace in the Asia Pacific region and the largest lighting retrofit contract that

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BAA Training acquires three new full-flight simulators from CAE

Other News / Leave a Comment

BAA Training, one of the largest aviation training centres in Northern Europe, has acquired the three new full flight simulators from CAE. Under the agreement, BAA Training is procuring two Airbus A320 CAE 7000XR Series full-flight simulators (FFSs) and one Boeing 737NG CAE 7000XR Series FFS. The full-flight simulators will be equipped with the latest

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Lufthansa Technik Sofia further expands capacities in Bulgaria

MRO & Production / Leave a Comment

Lufthansa Technik is expanding its capacity with a new hangar, office and multifunctional building at Sofia Airport becoming the largest base maintenance facility in Eastern Europe. Bulgarian subsidiary Lufthansa Technik Sofia will be also the largest base maintenance site of Lufthansa Technik in Europe. The total investment in the project amounts to approximately €35m invested

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Philippines advised by IATA to make major aviation improvements

Other News, Top Stories / Leave a Comment

The International Air Transport Association (IATA) has made it clear to the Philippines’ government that major changes need to be made to infrastructure, proposed taxation and the Adoption of Smarter Regulation Principles to maximize social and economic benefits that aviation can bring to the country. In a speech delivered at the Philippine Aviation Day in

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FPG Amentum delivers two 737-900ERs to Eastar Jet

Aircraft & Engines / Leave a Comment

FPG Amentum, the Dublin-based aircraft leasing/management company, has delivered two Boeing 737-900ERs (MSN 35710 & 35711) to Eastar Jet. Both aircraft were transitioned from P.T. Lion Mentari (‘Lion Air’) and are managed on behalf of FPG Amentum’s investor customer Global Aircraft Fund I. MSN 35710 & 35711 were delivered to Eastar Jet on July 13

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Safran reports strong sales for third quarter and first nine months 2017

Financial / Leave a Comment

Safran reported third-quarter 2017 adjusted revenue was €3,815m, up 8.5% on a reported basis year-on-year. Adjusted revenue increased 11.3% on an organic basis. Adjusted revenue in the first nine months of 2017 was €11,853m, an increase of 3.0% on a reported basis, up 5.1% on an organic basis, compared to 2016. In the third-quarter 2017,

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AeroCentury signs agreement to acquire JetFleet Holding

Aergo Capital announces pricing of inaugural aircraft portfolio transaction, ‘METAL 2017-1’

Embraer and American Airlines sign contract for ten E175s

AEI to provide two CRJ200 conversions for Pinnacle Partners

STG Aerospace receives lighting retrofit contract

BAA Training acquires three new full-flight simulators from CAE

Lufthansa Technik Sofia further expands capacities in Bulgaria

Philippines advised by IATA to make major aviation improvements

FPG Amentum delivers two 737-900ERs to Eastar Jet

Safran reports strong sales for third quarter and first nine months 2017

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