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Norwegian reports a result of 1.6 bn NOK (£149 million) in the third quarter

NAC is pleased to announce that it has committed to lease two ATR 72-600s to Manta Air, the new domestic airline in the Maldives

NAC has committed to lease two ATR 72-600s to Manta Air, the new domestic airline in the Maldives. The first aircraft will be introduced in November 2018, with the second planned to join Manta Air’s fleetbefore the end of the year. The aircraft will ensure improved connectivity between th...

New ownership and bright future for Monarch Aircraft Engineering

Monarch Aircraft Engineering (MAEL) has agreed the terms of its new ownership structure, with a transaction in which Greybull Capital LLP becomes the majority shareholder in the leading aircraft MRO provider. MAEL’s lenders PNC will continue to provide facilities and support, and many of th...

Embraer Delivers 15 Commercial and 24 Executive Jets in 3Q18

During the third quarter of 2018 (3Q18), Embraer delivered 15 jets to the commercial aviation market and 24 business jets, being 17 light jets and 7 large jets. On September 30, Embraer’s firm order backlog totaled USD13.6 billion. Regarding the commercial aviation market, Embraer forecasted in its Market Outlook a demand for 10,550 new aircraft with up to 150 seats worldwide over t...

Seabury Capital Group announced the successful acquisition of a leased portfolio of 21 aircraft by Zephyrus Aviation Capital

Seabury Capital Group LLC (“Seabury Capital”) announced its role as sole investment banking advisor on the successful acquisition of a leased portfolio of 21 aircraft by Zephyrus Aviation Capital (“Zephyrus”). Zephyrus is a fleet management solutions provider to lessors and commercial airlines focused on mid- to end-of-life aircraft and related engine leasing and tr...

CDB Aviation Closes $700 million Secured Portfolio Financing

Facility Further Expands the Company’s Banking Partnerships Worldwide CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today that the company successfully closed a secured portfolio financing facility for $700 million, covering a fleet of 19 Airbus and Boeing aircraft. “Diversifying...

Gulfstream officially acquires NORDAM G500 and G600 nacelle line

Company Will Continue To Operate Line At Oklahoma Facility Gulfstream Aerospace Corp. announced that it has acquired The NORDAM Group Inc. manufacturing line that produces nacelles for the Gulfstream G500 and Gulfstream G600. Gulfstream had been operating the Tulsa, Oklahoma-based line since early September as part of an agreement with NORDAM to address its July bankruptcy filing....

Dassault Systèmes to Acquire Exa Corporation

Strengthens Simulation Portfolio with Next Generation Fluid Dynamics Capabilities on the 3DEXPERIENCE Platform Proven Technology and Industrialized Solutions Available to Customers in All Industries Companies’ Complementary Strengths Expand Power of Digital Engineering Throughout Value-Chain Dassault Systèmes and Exa Corporatio...

AviaAM Financial Leasing China delivers brand new Boeing 737 to Okay Airways

AviaAM Leasing, a global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has recently delivered a brand new Boeing 737-800 aircraft to its first client in China – Okay Airways. On 21stof Se...

Virgo Investment Group Partners with ex-CIT Aerospace Executives to Expand its Aviation Business

Virgo Investment Group (“Virgo”) announced that it is expanding its aviation business via Zephyrus Aviation Capital (“Zephyrus” or the “Company”). Several former CIT Aerospace executives have partnered with Virgo to transform Zephyrus into a full-service platform and the Company is completing a large portfolio acquisition. Zephyrus is a fleet manag...

Rostec Suggests Using Automobile Leasing Scheme to Renew Russian Helicopter Fleet

Rostec has suggested implementing the Government's idea to replace helicopters older than 25 years in Russia based on the leasing scheme. The measures can be supported by the state program facilitating purchase of new aircraft for air carriers. The suggestion was announced by Director of the Aviation Cluster of the state corporation Anatoly Serdyukov. The Russian fleet of civilian helicopte...

Vista Global acquires XOJET, strengthening its global presence with 115 owned business jets

Vista Global acquires XOJET’s fleet and commercial operations Acquisition of XOJET’s business aviation services reinforces Vista Global’s market position in North America Vista Global’s technology and worldwide reach to expedite growth at XOJET Vista Global’s asset lite solutions to fly point to point, anywhere, anytime, are now offered by two compleme...

THOMAS FLOHR LAUNCHES VISTA GLOBAL TO CONSOLIDATE FRAGMENTED BUSINESS AVIATION MARKET, SUPPORTED BY A FURTHER $200M INVESTMENT

Vista Global Holding is set to consolidate the business aviation industry Endorsed by further $200m investment from global private equity firm Rhône Group Headquartered at the Dubai International Financial Centre (DIFC) The fully integrated group will offer global, all-encompassing, asset- lite services for every customer: For guaranteed access to aircraft: VistaJet’s Pr...

Safran : Very strong results for the first-half 2018 - Full-year 2018 outlook raised significantly

Adjusted data Revenue at Euro 9,506 million (including a contribution of Euro 1,516 million from Zodiac Aerospace), up 23.9% on a reported basis and up 10.1% on an organic basis Recurring operating income at Euro 1,386 million (including a contribution of Euro 129 million from Zodiac Aerospace), up 32.6% on a reported basis and up 20.3% excluding Zodiac Aerospace CFM56-...

Rotortrade announces solid results for the first half of 2018

The international helicopter dealer and distributor Rotortrade continues its strong growth with 12 deliveries and 9 backlogs across manufacturers, class and mission for the first half of the year. The company has also secured new exclusive mandates for 16 helicopters for the same period. Rototrade has signed 3 new Network Agreements with Mode Aviation in Guatemala, Gualter Helicopteros in Brazi...

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Essential news

Avolon places landmark order for 110 Airbus A320neo and A330neo aircraft

Avolon, one of the world’s leading aviation finance companies, has reinforced its long-term growth strategy with a firm order for 110 Airbus aircraft, including 35 A330-900 widebodies and 75 A32...

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airBaltic files first monthly operating reports with U.S. court and publishes preliminary unaudited financial information

Air Baltic Corporation AS , Latvia’s national airline and the leading carrier in the Baltic States, announced that airBaltic and its subsidiaries participating in the voluntary Ch...