Aviation news analysis
50 SKY SHADES - World aviation news

Finance news

Featured by MySky

Latest Finance news

Boeing Signs Deal for Up to 42 777X Airplanes with International Airlines Group

Boeing and International Airlines Group, the parent company of British Airways, announced the airline has committed to purchasing up to 42 777X airplanes, including 18 orders and 24 options. The airline joins a group of leading carriers that have selected the new 777-9, which will debut next month a...

Dassault Aviation signed an agreement on the acquisition of the European MRO activities of the TAG Aviation Group

Dassault Aviation and TAG Aviation announced the acquisition of the European maintenance activities of TAG Aviation Group by Dassault. The integration of those activities will take place over the next few months, once all necessary authorizations have been received.  “The acquisitio...


Welcome a newcomer Nasdaq Baltic First North bond market - Magnetic MRO

Baltic States investors, means 70 investors from Estonia, Latvia and Lithuania were subscribed for bonds of Magnetic MRO! As Magnetic MRO carried through a private placement of unsecured bonds and raised EUR 8 million to support the company’s growth plans, including financing a strategic acquisition. The nominal value of one bond is 100 euros, the coupon rate is 8% per annum and paid...

$22 Million Investment into Two Major Aerospace Research Projects in Québec

An investment of a total of approximately $22 million CAD over a three-year period announced by Bormardier. The company will invest into two major aerospace research projects: Aéro21 and the third phase of the SA²GE project. Both projects will bring together large aerospace companies, SMEs, as well as local universities and research centres. “Through this strong allia...

Heligo receives its first Airbus H145 helicopter from Milestone Aviation

Heligo Charters Private Limited (HCPL), a Mumbai-based non-scheduled helicopter operator has taken delivery of its first H145 helicopter. The helicopter’s configuration will allow it to perform a variety of missions. The aircraft taken on lease from Milestone will start operations soon in the state of Jharkhand. “We take immense pride in the fact that Heligo has placed its trust...

Major KF Aerospace Facility Expansion at YHM

KF Aerospace is excited to announce a $30-million expansion of its aircraft maintenance, repair and overhaul facility at YHM. Adding 150,000 sq. feet and over 275 new jobs, the project will drive new growth for Hamilton, the Airport and surrounding region. The centerpiece of the project is a new 75,000 sq. foot hangar, introducing wide-body aircraft capability and additional lines of maintenanc...

€25 million investment in the future of Airbus aerospace site in Ottobrunn/Taufkirchen

Airbus is expanding its aerospace activities at its site in Ottobrunn/Taufkirchen, near Munich. It has reached two new milestones, with Bavarian Minister-President Markus Söder and Dirk Hoke, CEO of Airbus Defence and Space, giving the green light for the modernisation of solar array production for satellites, and for the commissioning of expanded clean rooms for optical satellite instruments...

Successful 2018 for JetLoan Capital

"2018 was a success", announced Sam Harris, President of JetLoan Capital.  While continuing their funding of jet transactions, the new general aviation department thrived. JetLoan Capital experienced continued growth in 2018 with 70 closed transactions and over $100,000,000 in funded loans. The aircraft finance company with 25 years of industry experience and over $2 bi...

Safran acquires ElectroMechanical Systems business from Collins Aerospace

Safran announced that it has finalized the acquisition of the ElectroMechanical Systems business from Collins Aerospace. This business primarily consists of actuators and pilot controls for aircraft and was previously a part of Rockwell Collins. These operations generated sales of USD 159 million in 2018, with 575 employees at four facilities in North America, mainly in Irvine, California...

Bonds in Nominal Value of EUR 8 Million issued by Magnetic MRO

Magnetic MRO issued bonds in total aggregate value of EUR 8 million. The company has submitted an application to Nasdaq Tallinn Stock Exchange Listing & Supervisory Committee for listing the bonds on the multilateral trading facility First North. Capital raised with the bond issue will be used for acquiring a competitor operating in the same industry and further expanding Magnetic MRO&rsq...

Air Canada and Chorus Aviation Finalize Amended and Extended Capacity Purchase Agreement for Jazz Regional Flying

$97.26 million Air Canada equity investment in Chorus reinforces partnership  Capacity Purchase Agreement amended and extended by an additional 10 years ending December 31, 2035, securing Jazz's place in Air Canada's regional network for the next 17 years;  Simplification and modernization of the Jazz fleet, with growth through more, larger-gauge aircraft....

Ryanair Reports Q3 Loss Of €20m (Excl Lauda)

Ryanair reported a Q3 net loss of €20m (excl. Lauda). Strong traffic growth (+8%) to 33m was offset by a 6% decline in ave. fares due to excess winter capacity in Europe. Stronger ancillary revenue growth (+26%) was offset by higher fuel, staff and EU261 costs. Q3 Results (IFRS)* Dec. 31, 2017 Dec. 31, 2018 % Change Guests 30.4m 32.7m +8%...

Nordic Aviation Capital formally welcomes GIC as a new shareholder

Nordic Aviation Capital (NAC) announced that it has welcomed GIC,Singapore’s sovereign wealth fund, as a new shareholder. The transaction comprises a partialsale by the existing shareholders and the injection of new capital to further strengthen NAC’sbalance sheet and solidify its position as the global leader in regional aircraft leasing. EQT VI will remain the largest shareholde...

Norwegian Air Shuttle ASA strengthens its balance sheet through a fully underwritten rights issue of NOK 3 billion

Norwegian Air Shuttle ASA (“Norwegian” or the “Company”) is strengthening its balance sheet through a fully underwritten rights issue of NOK 3 billion in order to increase its financial flexibility and create headroom to the covenants of its outstanding bonds compared with the Company’s business plan. The Company is changing its strategic focus from growth to profi...

Upcoming events

EBACE 2019

Running now
Switzerland, Geneva

CARIBBEAN AVIATION MEETUP 2019

11/06/2019 - 14/06/2019
France, Guadeloupe

Top of the week

ASX launching SeedInvest capital raise campaign for full-scale eVTOL development, testing, and certification

Airspace Experience Technologies (ASX), an aviation technology start-up, is re-imagining personal air transportation with the mission to offer urban commuters a cleaner, faster and affordabl...

Get ready for 7th Maximising Non-Aeronautical Revenue Summit

Leading 7th Maximising Non-Aeronautical Revenue Summit takes place This June 2019 in Singapore! With an average of 44% of global airports’ revenues deriving from the non-aerona...

An exceptionally successful 2018 of Pilatus Aircraft

Every business has to check up financial results in order to see how all strategic thinking is working for the best of company's profit.  This time, is the resume of year 2018 from Pilatus...

Jet Aviation to open New FBO in Scottsdale Airport by late 2020

Stakes of Scottsdale Jet Center were acquired by Jet Aviation. The intent is quite simple  - to build and operate new Jet Aviation FBO and the hangar by late 2020. The new facility is meant...

Norwegian first quarter results - increased revenues and reduced costs

Norwegian reported its first quarter results. The quarter was characterized by reduced costs, increased revenue and significantly improved on-time performance. The net loss was NOK 1,489 million, whil...

Profitable growth of MTU Aero Engines in the first quarter of 2019

MTU Aero Engines reported increased revenues and earnings as well as that business prospects remain positive. In the first quarter of 2019, MTU Aero Engines AG saw its revenues  inc...

Biz Jet Markets Are Giving Back 2018 Price Increases

The used business jet market is in flux as a result of political uncertainties, increased availability of good pre-owned inventory, and limited access to pre-buy inspection facilities due to a higher...