Bombardier announced that it has closed a $600 million Letter of Credit Facility agreement with a syndicate of first quality financial institutions, mainly North American-based. This facility, which was oversubscribed, is dedicated to supporting Bombardier Aerospace
Bombardier announces closing of $600 million US syndicated Letter of Credit Facility Read More »
AeroMobile, a leading in-flight mobile communications provider, has completed the certification of its system on the Boeing 777-300ER, its sixth aircraft type. The AeroMobile system, which allows passengers to safely make and receive calls, text messages & GPRS data services whilst on board, in-flight, is now certified by the European Aviation Safety Agency (EASA) for
Aeromobile completes certification on sixth aircraft type Read More »
Israel Aerospace Industries (IAI) and DETA Air, a leading cargo operator in central Asia, signed a General Terms Agreement (G.T.A.) to engage in long-term strategic cooperative efforts. In the first phase of the agreement, IAI
IAI advances strategic cooperative efforts with Kazakhstan Read More »
The ITP Group achieved sales of over EUR 483 million in 2008, which represents a 15% increase on the same figure for the previous year, in accordance with the IFRS (International Financial Reporting Standards) accounting model. The Group
ITP group sales surpass 483 million in 2008 Read More »
Following the completion of its preliminary anti-trust investigation (Phase 1) into the merger between Lufthansa and Austrian Airlines, the European Commission today announced that it will open an in-depth investigation (Phase II) into the tie-up. Anti-trust approval of the planned merger has already been granted by the respective competition authorities in the United States of
Stefan Lauer, CEO Group Airlines and Corporate Human Resources at Deutsche Lufthansa AG, has been appointed with effect from 1 July 2009 as Chairman of the Board of Directors of British Midland PLC (bmi). He will take over the position from Sir Michael Bishop who is leaving the Board. Also J
Stefan Lauer appointed as Chairman of bmi's Board of Directors Read More »
flydubai, Dubai’s first low cost airline, has signed a deal to finance four Boeing B737-800 aircraft (worth $320 million list), with GE Capital Aviation Services (GECAS). The sale and leaseback agreement covers the aircraft due to be delivered to flydubai from Boeing in 2009, with two expected in July, one in October and one in
FlyDubai signs $320 million aircraft financing deal with GECAS Read More »
Goodrich Corporation has been selected by Bombardier to provide its next generation SmartProbe air data system for the Learjet 85 midsize business jet. The selection marks the first application of Goodrich
Bombardier selects Goodrich next generation SmartProbe air data for Learjet 85 Read More »
Air Canada said that it has concluded a secured revolving loan agreement with Aeroplan Canada which will provide the airline with up to CAD $100 million and assist with its liquidity requirements. Subject to the terms of the agreement, amounts are available for drawdown until June 30, 2010 and are equal to the aggregate of
Air Canada concludes $100 million revolving loan agreement with Aeroplan Read More »
DANUBE WINGS, Slovakia, is taking delivery of its 3rd ATR72-200 (Serial number 307). This aircraft completes the fleet of 2 ATR 72 already operated by Danube Wings and also delivered by the AELIS GROUP. AELIS arranged the sales, the technical and financial delivery of the aircraft. The aircraft was previously operated by BINTER CANARIAS in
AELIS Group delivers 3rd ATR 72 to DANUBE WINGS Read More »
