Arctic Aviation Assets Ltd (AAA), a wholly owned subsidiary of Norwegian Air Shuttle ASA(Norwegian), has arranged for pre-delivery payment financing (PDP) of fifty Airbus 320 Neo aircraft scheduled for delivery in 2016 to 2019. The facility that covers PDP financing for deliveries until the end of 2019 is structured as a revolving credit facility.
‘These deliveries in the next 4 years are key to the Norwegian Group’s future growth plans, and thePDP financing facility is a milestone in Norwegian’s ongoing program for financing direct-buy aircraft. We are very satisfied with the long-term commitment and confidence from our financing partners’ said Frode Foss, CFO of Norwegian.
Cirrus Aircraft is celebrating the 10th anniversary of its Collier Trophy-winning Vision Jet at NBAA-BACE 2026, marking a decade of innovation that has continuously advanced the world&r...
Qantas Freight and Australia Post have entered the next chapter of their long-standing partnership with the arrival of the first of three additional Airbus A321 Passenger-to-Freighter (A321P2F) aircra...
Dassault will introduce the fourth-generation EASy IV flight deck on newly built Falcon 2000LXS aircraft, while also making the upgrade available as a retrofit across the entire Falcon 2000 EASy fleet...
The Tennessee Valley Authority is demonstrating the real-world value of the Tecnam P2012 Special Mission Platform (SMP), which has become a vital tool for monitoring and maintaining its...
