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The Helicopter Company Expands Airbus Helicopter Fleet with Order for 26 aircraft

WIL BALDWIN December 6, 2021

Jeddah, Saudi Arabia - The Helicopter Company (THC), established by the Public Investment Fund (PIF) as the first and only helicopter services provider licensed to operate commercial flights in the Kingdom of Saudi Arabia, today announced…

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Beechcraft Denali Moves Closer to First Flight with Successful Ground Engine Runs

WIL BALDWIN August 26, 2021

WICHITA, Kansas, August 26, 2021 – Textron Aviation today announced it successfully completed initial ground engine runs on the prototype Beechcraft Denali single-engine turboprop powered by GE Aviation’s new advanced Catalyst engine. The ground engine runs, which took place at…

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Lockheed Martin Awarded 5-Year Contract to Support Indian Air Force C-130J Super Hercules Airlifter Fleet

WIL BALDWIN August 24, 2021

NEW DELHI, Aug. 24, 2021 — Lockheed Martin (NYSE: LMT) has been awarded a $328.8 million, five-year contract from the Indian Air Force (IAF), to provide dedicated and comprehensive support for the IAF’s fleet of 12 C-130J-30…

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Airbus Delivers 100th A400M

WIL BALDWIN May 26, 2021

Seville, 25 May 2021 – Airbus has reached 100 deliveries of its A400M aircraft with MSN111, the tenth for the Spanish Air Force. The aircraft performed its ferry flight on 24th May from Seville to Zaragoza, where…

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Embraer Delivers 600th Phenom 300 Series Aircraft, World’s Best Selling Light Jet

WIL BALDWIN May 23, 2021

Embraer has delivered the 600th Phenom 300 series business jet to Superior Capital Holdings, LLC based in Fayetteville, Arkansas. The aircraft, which recently became the world’s best-selling light jet for the ninth consecutive year and…

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French Navy Exercises Option for Two Additional Airbus H160 Helicopters

WIL BALDWIN May 23, 2021

The French Armament General Directorate (DGA) has confirmed an option to Airbus Helicopters, Babcock and Safran Helicopter Engines for two more H160s for the French Navy. These aircraft will join the fleet of four H160s…

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Singapore Airlines Raises S$2 Billion from Sale-and-Lease Back Transactions

WIL BALDWIN May 10, 2021

Singapore Airlines (SIA) has completed sale-and-leaseback transactions for 11 aircraft, comprising seven Airbus A350-900s and four Boeing 787-10s, raising approximately S$2.0 billion in total. The transactions were arranged by four different parties, as follows: Lease…

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Spirit Airlines Announces Offering of Convertible Senior Notes Due 2026

WIL BALDWIN April 27, 2021

MIRAMAR, Fla., April 27, 2021 /PRNewswire/ -- Spirit Airlines, Inc. (NYSE: SAVE) ("Spirit") today announced that it has commenced an underwritten public offering of $440,000,000 aggregate principal amount of convertible senior notes due 2026 (the "Convertible…

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Airbus A400M Conducts Major Helicopter Refueling Certification Program

WIL BALDWIN April 19, 2021

Getafe 19 April 2021 – The Airbus A400M new generation airlifter has successfully conducted a major helicopter air-to-air refueling certification campaign, completing the majority of its development and certification objectives. Airbus Defence and Space aims to…

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Airbus Wins First Syracuse IV Ground Segment Program Contract

WIL BALDWIN March 4, 2021

Paris, France 4 March 2020 – Within the Syracuse IV programme, Airbus (Paris: AIR.PA) has been awarded a 10-year framework agreement called Copernicus for the construction and upgrading of part of the ground segment for the…