AerCap raised funding of approximately US$30.5 billion and executed 438 transactions in 2021

AerCap Holdings (AerCap) has announced its major business transactions during the full-year and fourth quarter 2021: AerCap completed the GECAS transaction on November 1, 2021, making AerCap a worldwide industry leader across all areas of aviation leasing: aircraft, engines and helicopters. During the full year 2021 the company raised long-term funding of approximately US$30.5 billion, including US$24 billion in the fourth quarter to finance the GECAS acquisition. AerCap signed 311 lease agreements, completed 65 purchases and executed 62 sale transactions during 2021 During the fourth quarter AerCap signed 158 lease agreements, including 19 wide-body aircraft and 92 narrow-body aircraft, 27 Read more

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TrueNoord leases two new ATR 42-600s to Silver Airways

©TrueNoord is expanding its US footprint with delivery of two ATR42-600s to Silver Airways

TrueNoord, the specialist regional aircraft lessor, has delivered two new ATR 42-600s to existing lessee Silver Airways. The aircraft join the ATR 72-600 delivered to Silver Airways in May 2021, increasing TrueNoord’s portfolio with the American passenger and cargo regional carrier to three aircraft. Garry Topp, TrueNoord Sales Director – Americas, comments: “It is very encouraging to be involved in the recovery of the US market and supporting Silver Airways’ ATR fleet expansion plans with two new deliveries. The placement of these aircraft increases TrueNoord’s North American footprint and we look forward to further developing our activity in the region Read more

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IATA appoints Frederic Leger as SVP for Commercial Products and Services

Fred Leger

The International Air Transport Association (IATA) has appointed Frederic Leger as the association’s Senior Vice President for Commercial Products and Services. Leger served in the role on an ad interim basis since July 2021, when IATA’s Commercial Products and Services Division was created as part of an internal restructuring. He reports to Willie Walsh, IATA’s Director General. Leger holds the concurrent position of President of IATA’s Cargo Network Services in the US, a responsibility he has held since May 2021. He joined IATA in 2005 as head of e-Invoicing Services. Since then, he has held various roles at the association Read more

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AEI receives Transport Canada STC approval for B737-800SF freighter conversion

Aeronautical Engineers (AEI) has released that Transport Canada Civil Aviation has approved AEI’s STC (ST02690LA) for the 12-pallet position B737-800SF freighter conversion. AEI currently has FAA, CAAC, EASA and now TCCA approvals for its B737-800SF. Last month AEI announced a contract to provide Chrono Aviation with a B737-800SF freighter conversion, which represents AEI’s first Canadian-based customer. The AEI-converted B737-800SF freighter offers a main deck payload of up to 52,700 lbs. (23,904 kg) and incorporates eleven full-height 88” x 125” container positions, plus an additional position for an AEP/AEH. The conversion also incorporates new floor beams aft of the wing box, Read more

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AMETEK MRO Singapore invests in Airbus A350 repair capability

©AMETEC is investing in Airbus A350 maintenance solutions

AMETEK Singapore PTE has augmented its capabilities by investing in Airbus A350 maintenance solutions. The decision, which will provide customers in the Asia Pacific region with a regional support option for the full suite of cargo and galley heaters for the aircraft type, will be further complemented by AMETEK’s current airworthiness approvals including CAAS, CAAC, FAA, EASA, JCAB, CAAM, CAAV and DGCA.  “The A350 has a range of around 15,000 km so it is hardly surprising that operators are choosing this aircraft to service their long-haul routes,” commented Dave Corish, Divisional Vice President and General Manager of AMETEK Singapore PTE. “As Read more

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Norse Atlantic Airways gets green light from USDOT for transatlantic flights

The USDOT has approved Norse Atlantic Airways’ application for transatlantic flights ©Norse

Founded in 2021, Norse Atlantic Airways (Norse) has received notification from the United States Department of Transport (USDOT) that the low-cost long-haul carrier’s application to enable it to fly between Norway, Europe, the United Kingdom and the USA has been approved. The newly formed airline took delivery of the first of 15 Boeing 787 Dreamliner aircraft in December last year, while during the same month it also received its Air Operator’s Certificate from Norway’s Civil Aviation Authority. Norse plans to commence operations in spring of this year. Norse intends to provide low-cost flights between Norway, Europe and the USA with Read more

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ECS Group’s Cargo Digital Factory and Wiremind Cargo join forces and launch CargoTech

ECS Group’s Cargo Digital Factory and Wiremind Cargo are coordinating their digital expertise under a new-technology-focused and autonomous company: CargoTech. The pandemic has spotlighted the importance of digitalization across all air cargo processes. With the launch of CargoTech, ECS Group’s inhouse solution developer, Cargo Digital Factory and the French software and data-science company, Wiremind Cargo will focus its efforts on intelligently digitalizing the air cargo industry. CargoTech also supports one of the four pillars of ECS Group’s new augmented GSA concept, comprising commercial, technology, sustainability and new abilities. Based in Paris, France, Cargo Digital Factory and Wiremind’s newly established dedicated Read more

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GE successfully concludes Phase-1 testing on second XA100 adaptive cycle engine

©GE military XA100 adaptive cycle engine

GE has concluded Phase-1 testing on its second XA100 adaptive cycle engine as part of the US Air Force’s Adaptive Engine Transition Programme (AETP). Phase-1 testing took place at GE’s Evendale, Ohio, altitude test facility and enabled GE to continue gathering high-quality performance data validating the engine’s transformational propulsion capability. Phase-2 tests will begin at the US Air Force’s advanced testing facilities at Arnold Engineering Development Complex (AEDC) in the first quarter of 2022. “Phase-1 testing allowed us to further characterise the operation of the engine and puts us in a great position to begin Phase-2 testing at AEDC,” said Read more

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Jackson Square Aviation announces transition of Chief Risk Officer role from Paul Dwyer to Dan Cavanagh

Paul Dwyer (l) and Dan Cavanagh (r)

Jackson Square Aviation (JSA), a full-service commercial aircraft lessor, has announced that Paul Dwyer has transitioned his role as JSA’s Chief Risk Officer ahead of his upcoming retirement. Dan Cavanagh has succeeded Dwyer as Chief Risk Officer, effective January 1, 2022. Dwyer will remain at JSA until his formal retirement on February 28, 2022. JSA’s Chief Executive Officer, Kevin McDonald, commented, “Paul has been a fundamental member of JSA’s leadership team since he joined our company in 2016 and we wish him well in his retirement. We are grateful for the focus and expertise that he brought to our risk Read more

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Voyageur Aviation unveils new EXCL programme with launch customer Sabena technics

Voyageur Aviation, a subsidiary of Chorus Aviation, has entered into an agreement to provide on-site inventory, component repair and overhaul and detailed service level support for the De Havilland aircraft of Canada Dash 8-400 to Sabena technics (Sabena) through Voyageur’s Exchange Component and Leasing Subscription (EXCL) programme. “We are pleased to launch our EXCL programme in Europe with a premier customer, Sabena,” said Gary Gilbert, Vice President Avparts, Voyageur. “The expansion of this programme is an integral part of the continued growth of our Avparts division.” Voyageur developed the EXCL programme to provide customers with more freedom, flexibility and control Read more

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