US-based aircraft leasing company Castlelake Aviation has closed a $635 million incremental term loan B facility which it will use to refinance existing debt and for general corporate purposes. The fa...
Aireon, a US-based provider of space-based automatic dependent surveillance-broadcast (ADS-B) data, has signed a memorandum of understanding with the General Civil Aviation Authority (GCAA) of the Uni...
Azul has reached commercial agreements with lessors to cut payments on more than 90% of its lease obligations. The Brazilian airline said that the deals "represent a significant part of a comprehensiv...
Direct lending has become a popular avenue for lessors and other major aviation companies looking to assist their clients and customers with financing. GA Telesis (GAT) and Tokyo Century (TC) have joi...
The US National Transportation Safety Board (NTSB) has announced the appointment of Judge Stephen Woody as its chief administrative law judge. The board said it acts as a “court of appeals” when airme...
Luxair is to acquire four 737-8 airplanes from Boeing, the Seattle-based manufacturer said on March 3. The Luxembourg airline is to first lease two 737-8s due for delivery for summer 2023 and has put ...
Florida-based private aviation business AeroVanti Club has tapped Paolo Ferreri, a former chief executive and chairman of Piaggio America, to be its interim chief operations officer. “My experience wi...
GE Aerospace has said it expects to invest more than $335 million in the US in 2023. The money will be used to improve assembly, expand capacity and enhance safety infrastructure at sites in five stat...
The US Transportation Security Administration (TSA) has signed up 15 million members to its TSA PreCheck application programme for air travellers. More than 19,200 people applied for membership on Feb...
Skyservice Business Aviation has broken ground on a 71,000-square-foot FBO [fixed base operator] and hangar complex for Seattle travellers. The premises is being built at King County International Air...
Universal Hydrogen has carried out a first flight of its Dash-8 40-passenger regional airliner using hydrogen fuel cell propulsion. The 15-minute flight took place at Grant County International Airpor...
Jackson Square Aviation (JSA) has announced three new members of its executive team and the transfer of one executive to the new chief operating and legal officer position. Daniel Cavanagh has been pr...
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