CIT Commercial Air announces key promotions
CIT Commercial Air, a segment of CIT Aerospace, has announced several key promotions within its Financial Institutions Group. John Morabito, Managing Director and Head of the Financial Institutions Gr...
CIT Commercial Air, a segment of CIT Aerospace, has announced several key promotions within its Financial Institutions Group. John Morabito, Managing Director and Head of the Financial Institutions Gr...
Willis Lease Finance Corporation (WLFC), the independent jet engine lessor, has announced that Robert J. Keady was unanimously elected to the Board of Directors of Willis Lease, as a Class II director...
A new report published yesterday by the Government Accountability Office has outlined serious weaknesses in the Federal Aviation Administration’s (FAA) air traffic control systems from cyber-based and...
Asiana Airlines has reached a settlement with more than 70 of the passengers onboard Flight 124, the 777 that crashed two years ago in San Francisco. In a joint statement filed in federal court, attor...
Air Lease Corporation has leased two new Boeing 787-9 Dreamliner aircraft to Air Tahiti Nui. Both aircraft are from ALC’s order book with Boeing and scheduled to deliver to French Polynesia’s flag car...
Bombardier successfully priced its offering of US$2.25 billion aggregate principal amount of new Senior Notes on February 27. The issuance is comprised of US$750 million aggregate principal amount of ...
United Airlines Chief Financial Officer, John Rainey, told Reuters in an interview this week that although the airline has no immediate interest in purchasing any 777X aircraft, he views the 777-300E...
GA Telesis has closed on a new syndicated $150 million credit facility. Led by HSBC Bank USA, the deal includes an increased commitment from four global and regional banks involved in the company’s pr...
AIA president and CEO Marion Blakey has been appointed president and CEO of Rolls-Royce North America. Marion Blakey, who will also chair the Rolls-Royce North America board of directors, will replace...
US-NAFTA freight totaled $95.8 billion in December 2014 as four out of five transportation modes – truck, rail, air, and pipeline – carried more US-NAFTA freight than in December 2013, according to da...
For the full year 2014, Air Lease Corporation (ALC) posted revenues of $1 billion – a rise of 22% compared to $859 million for the year ended December 31, 2013. This is the first time ALC has generate...
Due to a number of inflight near-misses, United Airlines has urged pilots to be more vigilant in a staff memo, reported by ABC News. The memo is reported to say that the airline has experienced “what ...
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