Jackson Square Aviation (“JSA”) delivered the second of three Boeing 777-300ER aircraft to Emirates Airline, in connection with a long-term operating lease. Deutsche Bank AG, London Branch, Abu Dhabi National Leasing L.L.C., and Arab Banking Corporation (B.S.C.) provided funding for the aircraft.
Jackson Square Aviation delivers second Boeing 777-300ER to Emirates Read More »
Delta TechOps has received certification from the International Standards Organization (ISO) for its Engine Maintenance and Landing Gear shops. Delta TechOps is one of only a few airline maintenance, repair and overhaul (MRO) service providers to achieve this certification, which is an internationally tested framework designed to manage an organization’s processes and help generate a
Rolls-Royce released that Mark Morris, currently Group Treasurer, will become Finance Director and join the Board with effect from 1 January 2012. He will succeed Andrew Shilston who is retiring from the company.
Mark Morris to succeed Andrew Shilston as Finance Director of Rolls-Royce Read More »
International Aero Engines reported that for the first time in its history, V2500s will be powering military aircraft – having captured the opportunity to power Embraer’s new KC-390 tanker/transport. Embraer Aerospace and Defense, in concurrence with the Brazilian Air Force, made the announcement in late July. The engine will be the V2500-E5. The KC-390 development program
V2500 to power new Brazilian KC-390 Read More »
The Airbus Military A400M new generation airlifter has passed a series of key tests in the last week as the aircraft continues to progress towards civil and military type certification. On 17th September the aircraft (Grizzly 1) successfully performed the high-energy rejected take-off test which confirms the capability of the braking system to stop the
A400M passes key certification tests Read More »
The Police of the Province of Guangxi in China has taken delivery of an AW139 medium twin helicopter. This aircraft will be used to perform a number of roles including law enforcement and civil protection/disaster relief across the province. The AW139 joins an AW109 Power light twin helicopter already in service with the Nanning Public
Guangxi Province Police takes delivery of AW139 Helicopter Read More »
Air Lease Corporation (ALC) reported the additions of three new vice presidents to its executive team, Chi Yan, Michael Bai, and Jenny Van Le. Michael Bai and Chi Yan will add depth to ALC’s marketing efforts in China and Asia, while Jenny Van Le brings experience and expertise in financing and leasing to ALC’s legal
ALC adds three VPs to executive team Read More »
airBaltic, the Latvian national airline, filed for legal protection on September 21st, and submitted a plan to the court to continue operations. The two main shareholders of the airline, the Latvian government ( which owns a 52.6% share), and Baltic Aviation Systems (BAS), the company owned by the airline’s president and CEO Bertolt Flick (47.2%), failed to
airBaltic files for legal protection Read More »
Porter Airlines has been awarded 16 additional slots at Billy Bishop Toronto City Airport. A slot is defined as a single take-off or landing. The additional 16 slots give Porter a total of 172 at Toronto City Airport. Porter currently operates 156 slots. The slot allocation process is based on defined criteria set out by
Porter Airlines awarded 16 additional Toronto City Airport slots Read More »
United Technologies has reached agreement to purchase Goodrich Corporation for $127.50 per share in cash. This equates to a total enterprise value of $18.4 billion, including $1.9 billion in net debt assumed. United Technologies expects to finance the transaction through a combination of debt and equity issuance. The equity component is expected to approximate 25% of
United Technologies to acquire Goodrich Corporation for $127.50 per share in cash Read More »
