Nimrod Capital and Doric Asset Finance announced the successful listing of a further £200m of C shares on the London Stock Exchange. Doric Nimrod Air Two Limited (“DNA2”) aims to pay a quarterly dividend equivalent to 9% per annum (based on the issue price of 200 pence per share) following the purchase and leasing of […]
Doric Nimrod Air Two issues £200m of shares Read More »
Crane Aerospace & Electronics announced the appointment of Chris Cook to the position of Vice President, Cabin Systems Solutions. Cook will be responsible for leading Crane’s Cabin Systems product line. The role encompasses strategy development and planning, achievement of key product line financial objectives, leadership of business and product development activities, and ensuring customer satisfaction
Crane appoints new VP, Cabin Systems Solution Read More »
VAS Aero Services, a global leader in aviation logistics and aftermarket services, announced the expansion of its Kent, WA, Pacific Northwest distribution facility. The greater than 50% increase in leased space will result in a nearly 300,000-ft² rapid-response distribution and logistics center, reflecting the company’s surging growth and strategic position in the region. “Expanding our
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Defence and security company Saab has received an order amounting to 128m Kronor, approximately €14m, from FMV (the Swedish Defence Materiel Administration) for system maintenance regarding Gripen. In accordance with the order from FMV, Saab will undertake continual maintenance and updates for the Gripen C/D in compliance with the Swedish Armed Forces’ long-term planning for
Saab receives order from FMV regarding Gripen System Read More »
ILFC announced that it intends to raise a new senior secured term loan of $550 million. ILFC plans to use proceeds of the new term loan to refinance the Company’s outstanding $550 million senior secured term loan with essentially the same maturity. The new senior secured term loan would be secured primarily by a first
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Israir Airlines and WheelTug announced their execution of a Letter of Intent to enter an agreement under which Israir will deploy WheelTug Aircraft Drive Systems for its Airbus A320 fleet, subject to financial and operational feasibility checks and regulatory approvals. The deal makes Israir WheelTug’s first launch customer for A320, and reserves 10 WheelTug System
Israir Airlines and WheelTug sign Letter of Intent Read More »
Lufthansa Technik has ordered CTT Cair System to be installed, starting from Oct 2012, in one BBJ747-8 aircraft. Cair is focused on the passengers’ health and comfort by providing humidification of the extremely dry aircraft cabins without causing condensation. Cair gives a pleasant relative humidity of around 20%, compared to 3-5% without, thereby reducing dry
Lufthansa Technik orders CTT Cair System for one BBJ747-8 Read More »
Northwest Aerospace Technologies (NAT) is continuing to assist British Airways (BA) with its first class cabin retrofit program on its Boeing 777-200 and Boeing 747-400 aircraft. The modification includes the integration of new first class suites, in-flight entertainment (IFE) system upgrades, a new cabin lighting system and new electronic window blinds. NAT has worked closely
NAT and British Airways continue with first class upgrade Read More »
Starting this summer, Nayak Aircraft Services will be responsible for the technical assistance of German airline Condor at their home base operation in Cologne, CGN. Engineers from both Nayak Netherlands B.V. and Nayak Germany will provide line maintenance support for the Boeing 757 aircraft.
Nayak Aircraft Services to provide line maintenance support for Condor Read More »
GA Telesis released that Paul Lochab will lead global sales initiatives as its new Senior Vice President of Global Sales. Paul will have oversight of management of approximately 100 Team Members globally, including all international sales and distribution operations. Furthermore GA Telesis appointed Gordon Humphreys as its Vice President of Business Development and Programs. Mr.
GA Telesis names Paul Lochab, Senior Vice President of Global Sales Read More »
