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Simple Flying | April 19, 2020
United Airlines has entered into a sale and leaseback agreement with BOC Aviation for 22 of its aircraft. This means that BOC Aviation will purchase the planes from United and then lease those same planes back to the airline, as announced on April 19th....
Aerospace
Canada Jetlines | November 02, 2022
Canada Jetlines Operations Ltd. “Canada Jetlines” the new, all-Canadian, leisure airline, is pleased to announce the United States Department of Transportation has granted economic authority to serve the U.S. This exemption is effective immediately and will be replaced by a permanent foreign air carrier permit. Canada Jetlines requires Federal Aviation Administration (FAA) approvals before it can start operating to the United States and expects this process to be completed before the...
Commercial Aviation
Voyager Aviation Holdings, LLC | February 28, 2022
Voyager Aviation Holdings, LLC (“VAH”), a global full-service aircraft asset lessor and manager, announced the closing of a five-year senior secured warehouse facility with an initial committed amount of $500 million (“the Facility”). Citibank, N.A. (“Citi”) acted as Global Coordinator and Co-Structuring Agent alongside Credit Suisse Securities (USA) LLC (“Credit Suisse”) as Co-Structuring Agent. Citi and Credit Suisse both acted as ...
Air Transport
Archer | December 02, 2022
Archer Aviation Inc. today announced that Maker successfully completed its first transition to full wing-borne flight on November 29, 2022. Maker has 12 propellers attached to six booms on a fixed wing. All 12 propellers provide vertical lift during take-off and landing. The forward 6 propellers tilt forward to cruise position to provide propulsion during forward flight, with the wing providing aerodynamic lift like a conventional airplane. During this flight, Maker’s tilt propellers were ...
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