Financial

Jackson Square Aviation launches with $500 million equity commitment

Jackson Square Aviation announced its formation along with a $500 million equity commitment to its parent company (JSA International Holdings, L.P.) from investment funds managed by Oaktree Capital Management, L.P. Led by the seasoned aircraft leasing trio of Richard Wiley, Toby Bright and Scott Weiss, Jackson Square aims to become the leading provider of lease

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Israel Aerospace Industries reports 2009 net profit of $61 million

Israel Aerospace Industries reported that sales reached $2.9 billion in 2009, compared to $3.6 billion in 2008. The decrease is a result of the worldwide economic crisis, which affected the company’s commercial aviation activity. Sales in the fourth quarter of 2009 reached $761 million, compared to $803 million in the same quarter of 2008. Net

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Triumph Group to acquire Vought Aircraft Industries for $1.44 billion

Triumph Group announced the signing of a definitive agreement to purchase Vought Aircraft Industries from The Carlyle Group for cash and stock consideration of $1.44 billion including the retirement of Vought debt, creating a company with industry-leading breadth of product and capabilities. The purchase consideration to Vought shareholders includes approximately 7.5 million shares and $525

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Copa Holdings announces pricing of Public Offering of Class A common stock

Copa Holdings, S.A. announced the pricing of 1,600,000 of its Class A non-voting shares by selling shareholder Corporacion de Inversiones Aereas, S.A. or CIASA. The secondary offering of Class A common stock priced at $56.00 per share and is expected to close on March 24, 2010. Copa Holdings will not receive any proceeds from the

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