Eclipse Aviation, manufacturer of the world’s first very light jet (VLJ), will expand its partnership with European Technology and Investment Research Center (ETIRC) Aviation. The agreement between the two companies includes an equity investment by ETIRC in Eclipse that is substantially in excess of $100 million. The agreement also provides for significant additional financial benefits […]
Eclipse Aviation secures long-term financing Read More »
GA Telesis, LLC reported the closing of a $270 million warehouse credit facility (
GA Telesis closes $270 million warehouse facility Read More »
BOC Aviation has signed agreements with India’s Jet Airways for the lease of five more Boeing Next Generation 737s. The aircraft will be delivered new from the Boeing final assembly line between March 2010 and November 2011. The aircraft will be leased to the airline for a period of 10 years each. The latest deals
Jet Airways leases five more 737s from BOC Aviation Read More »
The second production Airbus A380 (MSN005) was handed over to Singapore Airlines on 11th January in line with the latest delivery schedule. Equipped with four Rolls Royce Trent 900 engines, the second aircraft for the first A380 operator follows the delivery of the first A380 (MSN003) that took place on 15th October 2007. The second
Airbus delivers second A380 to Singapore Airlines Read More »
ATR and the pan-African investing conglomerate Lonrho announced the signature by Lonrho’s wholly-owned subsidiary, Lonrho Air, of a MoU for the purchase of 8 ATR 72-500s. The aircraft will be operated by Fly540, an airline belonging to the conglomerate. The deal, which includes a comprehensive support and spares package, is valued at over $150 million.
Lonrho to acquire 8 ATR 72-500s Read More »
Rolls-Royce announced a further stage in the Group
Rolls-Royce cost reduction and productivity programmes Read More »
The UK site of Turbomeca, Turbomeca Limited based in Fareham, Hampshire, has officially changed its name to Turbomeca UK. Turbomeca UK is enlarging its accountability, regarding sales, marketing and technical support. It supports 2,000 engines operating in the UK market and has a current employee headcount of 180. Turbomeca UK is formed on the basis
Turbomeca Limited becomes Turbomeca UK Read More »
With the inauguration of the A380 maintenance hangar at its central maintenance facility in Frankfurt, Lufthansa Technik AG is ideally equipped to provide technical support for the Lufthansa fleet
Lufthansa Technik inaugurates A380 maintenance hangar in Frankfurt Read More »
For the month of December 2007, Copa Holdings’ system-wide passenger traffic increased 9.4%, while capacity increased 8.0%. System load factor for December 2007 was 76.4%, a 1.0 percentage point increase when compared to December 2006
Copa Holdings reports 9.4% traffic growth for December 2007 Read More »
Bristow Group a provider of helicopter services to the offshore energy industry, announced the acquisition of eight new aircraft. Bristow has exercised options to acquire two S-92 and three S-76C++ helicopters from Sikorsky Aircraft Corporation and three EC225 helicopters from Eurocopter, a division of EADS. The combined value of these purchases is approximately $143 million
Bristow Group to purchase eight new helicopters Read More »
