Cobham has signed a contract to extend its current QantasLink contract for the provision of airline services through to the end of 2026. Cobham announced today that it has been awarded a 10 year, A$ 1.2 billion contract to continue provision of airline services to QantasLink, supporting their fle...
Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components today announced the successful close of its Q2 2016 funding round. Minneapolis-based investment bank Piper Jaffray led the round for Norsk Titanium to secure investme...
Aircastle Limited (the “Company” or “Aircastle”) announced that it entered into a new $400.5 million term facility secured by 17 aircraft. The facility has a maturity of seven years and includes an accordion feature allowing for $67.5 million in additional future funding. Funding of the facility will take place through several draw-downs, with the first one, for $167.3...
A4E has released a new study on the economic impact of Air Traffic Control (ATC) strikes in Europe during its first “CEO Summit on Air Mobility and Prosperity” in Brussel, today. The analysis compiled by PwC reveals that between 2010-15 the overall impact of ATC strikes reduced European UnionGDP up to €9.5 billion (at 2015 prices). Unless the situation is tackled, t...
Waypoint Leasing has placed two new Sikorsky S-92s on lease with a global helicopter operator. “Despite a period of weak demand for oil and gas globally, and a recent shift in the market for heavy aircraft, we are receiving numerous inquiries.” Clark McGinn, Waypoint’s senior vice president of Sales & Relationship Management said: “Despite a period of weak demand...
Shares in the big three U.S. airlines fell sharply Friday, as investors worried that the impact of Brexit would be damaging to international airlines that serve Great Britain. However, the CEO of Lufthansa Group has told employees that the impact of Brexit will be limited, according to the Twitter TWTR -3.52% site @LufthansaFlyer, which follows the company. Lufthansa Group owns Lufthansa, SWISS...
Ben Paul, PwC partner and airline industry leader, said: “The decision to leave the EU has profound implications for our aviation industry, with issues ranging from access to the single aviation market to sector financing and infrastructure investment. “Leaving the EU has wider implications than just access to the European market. EU-level air services agreements with count...
AWAS, the Dublin-based leading global aircraft leasing company has announced an order for an additional 15 A320 Family aircraft, comprising 12 A320ceo and three A321ceo aircraft. Dave Siegel, AWAS CEO remarked on the deal, “AWAS is pleased to continue our long-term relationship with Airbus in reaching this deal for the order of 15 A320 CEO Family aircraft which wi...
Aviation Finance Company (AFC), a Stellwagen Group company headquartered in Dublin, has now completed over $6.5 billion of financing with the sale and leaseback of its eighth A380-800 to Emirates. This will be the second A380 that will be owned by Stellwagen. Since its foundation three years ago, AFC has financed the delivery of aircraft for both airlines and leasing companies. Seraph...
Sberbank and Volga-Dnepr Group entered into a strategic cooperation agreement at the St. Petersburg International Economic Forum. The document was signed by Maxim Poletaev, First Deputy Chairman of the Executive Board of Sberbank, and Alexey Isaikin, President of Volga-Dnepr Group. According to the arrangements that were reached, Volga-Dnepr Group will consider Sberbank as a strategic partner f...
Zodiac Aerospace shares rose as much as 13 percent Wednesday after the biggest supplier of seats to Airbus Group SE said a logjam in the production of premium berths for the manufacturer’s latest A350 model is beginning to ease. Zodiac, which has struggled to meet Airbus and Boeing Co. delivery schedules for two years after taking on too much work, has achieved certificatio...
Qantas is looking ahead to potentially returning further capital to shareholders after concluding a $500 million share buyback. In a regulatory filing to the Australian Securities Exchange on Tuesday, Qantas said its $500 million share buy back program bought back 143.6 million shares for a weighted average price of $3.4819 per share since the program began in March. The highest price paid w...
Airbus Group SE Friday said it raised EUR2.38 billion ($2.69 billion) through the sale of its remaining 23.6% stake in French Rafale combat jet maker Dassault Aviation SA. For over a year Airbus has been reducing its stake in Dassault Aviation, which it held as part of the formation of the European plane maker. It began the gradual disposal in 2014 and sold an 18.75% holding last year, leaving...
Emirates Airline announced today that it has repaid a bullet bond in full for the value of USD $1 billion (AED 3.673 billion) on its maturity date of 8 June 2016. The USD $1 billion bullet bond was raised in 2011 to address Emirates’ working capital requirements. Emirates will also be repaying a bond totalling SGD 150 million later this month, which was ori...
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Brazil, SANTANA
08/09/2026
United Kingdom, London
Air France-KLM today has submitted a binding offer to Parpública for the acquisition of a 44.9% to 49.9% stake in TAP Air Portugal, marking a decisive step in the airli...
