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DAILY AVIATION NEWS ALERT

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October 9th, 2023
Avolon and Cathay Pacific have signed sale-and-leaseback agreements for nine A320-family aircraft

Avolon and Cathay Group sign agreement for sale-and-leaseback of Airbus aircraft

Global aviation finance company Avolon has agreed the sale-and-leaseback of nine new Airbus A320neo-family aircraft with the Cathay Group, a leading Asian airline group. The aircraft are scheduled for delivery in 2026 and 2027 and the transaction comprises a mix of A321neos and A320neos. The transaction adds new technology aircraft to support the Cathay Group’s long-term commitment to growing connectivity …
BOC Aviation closed a substantial club term loan transaction

BOC Aviation secures US$1.375 billion club term loan with 16 global banks

BOC Aviation, a prominent global aircraft operating leasing company, has successfully closed a substantial club term loan transaction, amounting to US$1.375 billion. This significant milestone marks the largest unsecured term loan signed by the company since its establishment in 1993. The transaction involves the collaboration of 16 leading banks hailing from various regions, including Asia, Europe, North America and the …
AVIATAR Technical Logbook

Austrian Airlines introduces AVIATAR Technical Logbook into operations

Austrian Airlines will become the first Lufthansa Group airline to introduce the innovative and user-friendly AVIATAR Technical Logbook in its operations. The modern design of the digital solution installed on a tablet device will allow Austrian Airlines' Technical Operations to improve cooperation with pilots and maintenance teams likewise. Taking advantage of latest big data technologies, AVIATAR's Technical Logbook is building …
Albastar becomes the launch customer of FSG’s Boeing 737NG nose-to-tail (NTT) component maintenance and availability programme

Fokker Services Group signs Albastar as launch customer of B737NG nose-to-tail programme

Fokker Services Group (FSG), a global leader in aircraft maintenance, modifications, completions and conversions, and AlbaStar S.A. (Albastar), an on-demand flight services provider for tour operators based in Spain, have entered into a component support programme for the carrier's fleet of five Boeing 737NG aircraft. With this programme, Albastar officially becomes the launch customer of FSG’s Boeing 737NG nose-to-tail (NTT) component …
Finnair will hold an EGM on October 27, 2023 to get approval for a €600 million share offering

Finnair to hold EGM to approve €600 million share offering

Finnair has unveiled its plans to convene an Extraordinary General Meeting (EGM) with the purpose of seeking authorisation from its shareholders for a significant share issuance (the offering). This capital raising initiative aims to generate gross proceeds of up to €600 million and will include pre-emptive subscription rights for the company's existing shareholders. The successful execution of the offering is …

Amprius secures volume purchase order from premier eVTOL OEM

Amprius Technologies (Amprius), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, has exited technical engagement and moved into internal qualification, securing a purchase order from an eVTOL (electric vertical take-off and landing) manufacturer for custom silicon anode cells. Amprius’ advanced cells now serve all major segments of the growing aviation market for electric mobility. The eVTOL manufacturer …
Ángeles_Campoy_Ganadero

Grupo EULEN names Ángeles Campoy new Chief Executive Officer for U.S.

Grupo EULEN, a global leader in outsourcing in the facility services, security and aviation industries, has named Ángeles Campoy as the new Chief Executive Officer (CEO) for the U.S.A. Based in Miami, Campoy will lead the company's operations in the region, focusing on the expansion of Grupo EULEN's presence and long-term growth strategy in the United States. Campoy brings over …

Nidec and Embraer receive unconditional approval for joint venture

Acro Aircraft Seating to retrofit Electra Airways' Airbus aircraft

Willis Lease Corporation selects Teesworks UK, to launch first PtL SAF refinery

Daniel Hoffmann joins Etihad Engineering as CEO

RECARO to supply seats for LOT Polish Airlines' wide-body fleet

Donecle completes €5.6 million funding round

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