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November 5, 2019 |
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Bombardier reaches a definitive agreement to sell significant components of its aerostructures business to Spirit AeroSystems Holding based in Wichita.
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Airbus receives one of its largest ever orders from a single airline operator with India’s IndiGo placing a firm order for 300 A320neo Family aircraft, including the A321XLR.
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Air Transat completes its inaugural direct flight from Montreal to New Orleans, becoming the only airline to offer a direct flight between Trudeau and Louis Armstrong airports.
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The Duncan Intelligence is a free, technical newsletter for business aircraft owners and operators. Written in-house by Duncan Aviation's technical representatives, each edition includes technical tips and advice on topics and trends in business aviation. It is a free, monthly e-mail subscription for aviation enthusiasts around the world.
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International Airlines Group reaches an agreement to acquire all issued share capital of Globalia’s Air Europa for €1 billion in an all cash deal, expected to close by the second quarter of 2020. The purchase would transform IAG’s Madrid hub into a true rival to Europe’s four largest hubs.
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Despite only two of three parachutes opening, Boeing on November 4 clears an important pad abort test within the Crew Space Transportation (CST) 100 Starliner program, which is now scheduled to perform its first unmanned capsule flight test to the International Space Station on December 17, 2019.
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At PNC Aviation Finance, aircraft loans are what we do … and we do them well. With our team of 40+ experienced professionals dedicated exclusively to aircraft financing, we believe that our commitment to service is unmatched in the industry.
We offer a full menu of competitively structured loans that can be custom-tailored to meet your specific aircraft financing needs. Solutions include:
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• Leasing options
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Airbus points to a positive performance in commercial aircraft, including its A320neo ramp-up and A350 progress, with a guidance of 860 airliner deliveries by year end.
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Korean startup airline scheduled to launch operations in September 2020 plans to buy five Boeing 787-9 Dreamliner airplanes, valued at $1.4 billion at list prices.
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Garth Eichel, an aviation professional with 30 years of experience, is named chief pilot for the fixed-wing division of Helijet International based in Richmond, BC.
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In this episode of Aviation This Week: Bombardier agrees to sell a majority of its aerostructures business to Spirit AeroSystems of Wichita for US$500 million plus the assumption of liabilities. Then Skyservice Business Aviation continues its expansion with the purchase of a 60,000-square-foot MRO operation at Muskoka Airport; and IndiGo of India signs a firm order for 300 A320neo family aircraft.
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