Air Canada has applied for $100 million in export credit financing from the US Export-Import Bank to finance the purchase of one 787. Eximbank documents show that the board plans to consider the appli...
American Airlines Group has confirmed its new finance department leaders. Amelia Anderson, managing director, assistant treasurer, and Ken Menezes, managing director, asset management, will report to ...
Defence and security company Saab has signed an agreement with Boeing on providing the Large Cargo Doors, Bulk Cargo Door and Access Doors for the Boeing 787-10 Dreamliner. The contract includes both ...
With the expanded presence into South Texas, STA San Antonio will establish a new business, focusing on aircraft parking and green harvesting of aircraft parts, components and engines. This business w...
PEMCO World Air Services (PEMCO) has announced a new multi‐year contract extension with JetBlue Airways. Under the new agreement, PEMCO will provide aircraft heavy maintenance services for JetBlue’s l...
Aircastle has formed a joint venture to invest in leased aircraft with an affiliate of Ontario Teachers' Pension Plan, the largest single-profession pension plan in Canada. The Joint Venture's first i...
Air Caraibes has signed a firm contract with Airbus for three A350-1000s, the largest member of Airbus’ new generation A350XWB Family. The airline will also lease three new A350-900s from ILFC. The ai...
Chorus Aviation and GA Telesis have announced that they have signed a Letter of Intent to form a joint venture to provide supply chain solutions, including component and spare parts support, to Bombar...
Yesterday evening, a Delta Airlines 737-800 skidded off the runway in heavy snow while taxiing at Dane County Regional Airport. The plane was arriving in Madison from Minneapolis-St. Paul. No serious ...
Boeing Chairman, President and Chief Executive Jim McNerney has announced that the Boeing board of directors authorised an additional $10 billion for the company's share repurchase plan and declared t...
GECAS has closed a $305 million aircraft engine securitization. The issuer is Turbine Engines Securitization Ltd or “TURBN 2013-1. The transaction facilitated the sale of 32 aircraft engines from GE b...
German Efromovich, owner of Avianca, has again reiterated his interest in expanding his presence in Europe by investing in one or more airlines. Speaking to Polish newspaper, Rzeczpospolita, Efromovic...
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