Era Helicopters

Defense and Space

Curtiss-Wright Corporatio | July 06, 2022

Curtiss-Wright Corporation announced that it has completed the acquisition of the Safran Aerosystems Arresting Company for $240 million in cash. SAA is a designer and manufacturer of mission-critical, fixed-wing aircraft emergency arresting systems with a strong installed base of more than 5,000 systems worldwide including sales to more than 70 countries. The acquisition of the Safran arresting systems business firmly establishes Curtiss-Wright as a leading global supplier of fixe...

Business Aviation

Avia Solutions Group | September 14, 2021

Avia Solutions Group is pleased to announce it has entered into a strategic partnership with Certares Management LLC, a leading US-based investment specialist dedicated to the travel, tourism and hospitality sectors, in which Certares will provide a €300 million structured equity investment. The investment will help enable the next phase of Avia Solutions Group's growth plan for services in passenger and cargo aviation, maintenance and engineering, crew training, ground h...

Business Aviation

China Eastern Airlines Global | November 08, 2022

China Eastern Airlines (CEA) signed an engine maintenance contract with Pratt & Whitney on Nov. 5, the opening day of the fifth China International Import Expo (CIIE), which is the first civil aviation purchase order inked at this year's CIIE The contract is for the maintenance of CEA's V2500 engines of over 50 Airbus A320 aircraft, with an estimated contract value that accounts for over 50 percent of the total value of CEA's deals at the annual import-themed trade fair. C...

Business Aviation

Castlelake | September 30, 2021

Castlelake, L.P., a global alternative investment firm and experienced leader in aircraft investing, leasing and servicing, today announced the creation of Castlelake Aviation Limited ("CA"), a corporate lessor of commercial aircraft that will finance a portfolio of modern, young, fuel-efficient aircraft. We are thrilled to create Castlelake Aviation Limited, which is an exciting and natural next step in the evolution of our industry leading aviation financ...