IAG signs US$1.8 billion multi-borrower secured three-year Revolving Credit Facility

International Airlines Group (IAG) has signed a Revolving Credit Facility with a syndicate of banks. The total amount available under the facility is US$1.755 billion and will be available for a period of three years plus two one-year extension periods at the discretion of the lenders. The facility is available to Aer Lingus, British Airways […]

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Avionica appoints new Vice President of Product and Services

People

Avionica, a global aircraft connectivity leader, has announced the promotion of aviation industry veteran, Scott Ridge, as its new Vice President of Product and Services. In this newly created position, Ridge will be putting more focus on building the right products and services for customers and bringing new business models to the industry. Demand from turbulent times

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Jet MS becomes dealer of ALTO Aviation’s premium cabin solutions

MRO & Production

Jet MS, a global provider of base and line maintenance services for business and regional aircraft, and a part of the global aerospace business group Avia Solutions Group, gained a dealership agreement with ALTO Aviation, a premium cabin in-flight audio/entertainment system design, manufacture, and distribution company. Under the partnership, Jet MS will represent Alto Aviation

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Cyprus turns to SITA for ATC Datalink Services to operate CPDLC in its airspace

Other News

Cyprus, a member state of the European Union (EU) will become the first south-eastern European country to use digital messages instead of voice communications to comply with EU-mandated air traffic control (ATC) standards for routine airspace clearances. Controller Pilot Data Link Communications (CPDLC) must be provided by all member states in upper airspace. The Cyprus

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Star Alliance to establish management office in Singapore

Other News

Star Alliance will establish a management office in the city state of Singapore later this year. This was a decision taken by its Chief Executive Board, comprising the Chief Executive Officers of its 26 member airlines, who considered a new center of excellence to be an important dimension of positioning Star Alliance to deliver on

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Sage-Popovich to acquire Togs Aircraft

Financial

Sage-Popovich (SPI) has agreed to acquire Togs Aircraft, LLC (TOGS), an FAA Part-145 Repair Station. TOGS has been in business for more than 20 years and has maintained a wide array of both fixed-wing and rotary aircraft since its inception. TOGS’s capabilities range from light to heavy turboprops, helicopters, corporate jets, and regional airline equipment.

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JetBlue and Spirit Airlines have terminated their merger plans

JetBlue announces US$650 million convertible senior notes offering

Financial

JetBlue Airways has announced that it intends to offer US$650 million aggregate principal amount of convertible senior notes due 2026, subject to market and other conditions. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A (the offering) under the Securities Act of 1933, as amended

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Breeze Airways takes delivery of third Embraer E190 from NAC

Aircraft & Engines

Nordic Aviation Capital (NAC) has delivered one Embraer E190, MSN 19000075, to ultra-low-cost start-up airline Breeze Airways on lease. This is the third aircraft to deliver as part of a fifteen-E190 aircraft lease agreement made with Breeze Airways. Breeze Airways, based in Salt Lake City, was founded by David Neeleman, an aviation veteran who had

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Alaska Airlines names Constance von Muehlen Chief Operating Officer

People

Alaska Air Group has appointed Constance von Muehlen as Chief Operating Officer of Alaska Airlines, effective April 3, 2021. Upon assuming this role, von Muehlen will join Alaska’s Executive Committee and report to Ben Minicucci, who becomes Chief Executive Officer on March 31, 2021. She succeeds current COO, Gary Beck, who has announced his retirement

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Embraer posts Q4 and full fiscal-year 2020 earnings results

Financial, Top Stories

Embraer, the Brazilian planemaker, has released its earnings results for both Q4 2020 and also for the full fiscal year 2020. The company delivered 28 commercial jets and 43 executive jets (23 light / 20 large) in 4Q20, and in 2020 delivered 44 commercial jets and 86 executive jets (56 light / 30 large). The

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