Pratt & Whitney Canada has signed a multi-year Fleet Management Program contract with Aramco Associated Company (AAC), an affiliate of the Saudi Arabian Oil Company (Saudi Aramco). P&WC will provide e...
Willis Lease Finance Corporation has reported a net income of $3.1 million in the third quarter of 2010, compared to $9.3 million in the third quarter a year ago. After payment of preferred dividends,...
ACE Aviation Holdings earned $78 million in the third quarter of 2010. The strong results have been credited to its 27% ownership stake in Air Canada. ACE’s income includes $74 million from its shar...
GE Capital Aviation Services (GECAS) has delivered a new Boeing 737-86N aircraft to Shanghai Airlines. Shanghai is in the process of merging with China Eastern Airlines, with Shanghai operating as a w...
Fly Leasing posted strong third quarter results for 2010. Adjusted net income was $14.1 million, excluding $1.9 million of share-based compensation, with net income of $12.2 million. Generated avai...
Aircastle has reported its third quarter results for 2010 with net income of $8.6 million and adjusted net income of $12.6 million. The results include pre-tax impairment charges of $7.3 million re...
BOC Aviation has agreed to buy 30 A320-family aircraft for delivery between 2012 and 2014. “The current order is timely as the aviation industry has returned to profitability and airlines are looking...
Dubai’s low cost airline flydubai has closed sale and leaseback agreements deals on four Boeing 737-800 NGs with Avolon. The move follows earlier similarly structured deals with Gecas and BBAM to fi...
BOC Aviation announced yesterday plans to lease eight 777-300ER aircraft to Thai Airways International. Thai Airways said it chose the 777-300ER model because it believes the aircraft will make long...
GE Capital Aviation Services (Gecas) has delivered a new Boeing 777F freighter aircraft to China Cargo Airlines. The aircraft is from the lessor’s existing order book with Boeing. ...
Geoffrey Kinghorn, the son of the founder of Allco Finance Group, John Kinghorn, is reported to be suing Allco's receiver for malicious prosecution over an abandoned Federal Court case relating to the...
Evergreen International Aviation has satisfied its requirement to prepay $77.5 million under its existing first and second lien credit agreements and has appointed Goldman Sachs to evaluate financing ...
We're Social