PCC Structurals, Inc.

Simple Flying | April 03, 2020

Thomas Cook Aviation has declared bankruptcy. The news came after its contracts with its sole customer, the German carrier Condor, were canceled. Around half a year ago the Thomas Cook Group collapsed into bankruptcy.You may have read the title of this story thinking ‘hang on, Thomas Cook declared bankruptcy last September?” Well, you would be correct, the Thomas Cook Group did collapse. However, despite the collapse of its parent company Thomas Cook Aviation continued operatio...

FlightGlobal | January 24, 2020

Nordic Aviation Capital has firmed up its order for 20 Airbus A220-300s, prompting the manufacturer to highlight the aircraft’s relevance in the regional aviation market. Regional aircraft lessor NAC had signed a memorandum of understanding for 20 A220s in June 2019. Airbus chief commercial officer Christian Scherer states that NAC’s A220 order “shows this aircraft is just as relevant in the regional world as it is in the mainline one”. The aircraft is designed to serve t...

BUSINESS AVIATION

Aviation Capital Group | April 13, 2022

Aviation Capital Group LLC (“ACG”) announced today the secured financing of two Airbus A321neo LR aircraft for TAP Air Portugal (“TAP”). This financing marks the fifth use by ACG’s Aircraft Financing Solutions (“AFS”) program of its $650 million secured funding facility. This allowed ACG to provide a senior secured loan to TAP and to partner with Novus Aviation Capital (“Novus”), who provided complementary mezzanine financing. ...

AEROSPACE

Businesswire | March 27, 2023

Sierra Space, a leading, pureplay commercial space company building the first end-to-end business and technology platform in space, announced today it continues to make critical strides in the development of its softgoods inflatable technology — LIFE™ habitat (Large Integrated Flexible Environment) – solidifying its lead in the industry. The company’s LIFE testing campaign, a combined effort with NASA test engineers, passed another milestone on the path t...