Aviation Capital Group (“ACG”) announced that it has increased its senior unsecured revolving credit facility with DBS Bank Ltd. as administrative agent by $60 million to $220 million and extended the maturity to December 28, 2019. Together with its other senior unsecured revolving credit facility, ACG has $1.165 billion of revolving commitments from 21 banks globally.
“We are pleased with the continued support of our global banking partners. Our unsecured revolving credit commitments provide diversified, efficient and flexible funding to support the active management of our aircraft fleet,” said Eric Blau, vice president and treasurer of ACG.
SkyDrive announced the conclusion of a MoU with Japan Biz Aviation Co. SkyDrive currently holds a cumulative total of 427 aircraft orders from partners in Japan and overseas (the order...
Rotortrade is strengthening its support capabilities in East Africa through a cooperation with Helicopters International Ltd (“Helint”), an established helicopter maintenance and support p...
GOL Linhas Aéreas launched new nonstop service between Rio de Janeiro (GIG) and New York (JFK), marking the airline's first long-haul international route. The service began with inaugu...
FlyBy Aviation Academy announced two graduation ceremonies held during the month of June, marking the finish line for a combined total of 33 new pilots, as well as the start of a new ATPL cl...
