Content Archive: June 2019

Aircraft

Business Aircraft Financier Global Jet Raises $517M

It's Global Jet Capital's third asset-backed securitization bringing its total to more than $2.1 billion.
Aircraft

Solairus Launches New Charter Membership Program

Altitude 25 is the name of Solarius Aviation's new charter membership program.

NATA Appoints Next Slate for Board of Directors

During the association's annual meeting and conference, NATA named Aeroplex/Aerolease Group president and CEO Curt Castagna as chairman.

Bizav Flight Activity Sees Double-digit Drop in Europe

The Argus report saw declines in all major aircraft categories with turboprop flights experiencing the biggest slide.
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Maintenance and Modifications

Honeywell Earns STC on Learjet 40/45 Upgrade

The modification centers on the replacement of obsolete CTR displays with modern DU-875 LCD monitors.
Aircraft

Bizav Consultancy Mente Expands To New HQ

With the move to Hall Park in North Dallas, Mente Group has doubled the size of its headquarters.
Airlines

Airlines Reroute Flights as Persian Gulf Tensions Escalate

Ticket prices could rise by an average of $300 due to costs associated with rerouting flights.
Aircraft

Italian Govt Confirms Nearly $800M in Piaggio Contracts

The work provides a boost to Piaggio, which is operating under receivership and seeking a new owner.
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Airlines

Lufthansa Reveals Major Shake-up of Eurowings

The low-cost carrier will solely focus on short-haul ops, reduce growth, and bring down costs to trim losses.
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Airports

FDoT: GA Airports Generated $18.5 Billion in 2017

The study from the Florida Department of Transportation showed the state's 129 public airports generated $175 billion in economic impact for the year.