TACA

Grupo Aeromexico | September 22, 2020

Grupo Aeroméxico, S.A.B. de C.V. today announced that the Company received approval by the United States Bankruptcy Court for the Southern District of New York to modify the majority of its existing aircraft equipment leases into power by the hour agreements ("PBH Agreements") that will substantially reduce Aeromexico's monthly aircraft and engine costs for the duration of the PBH period. PBH Agreements allow for Aeromexico to reset monthly lease costs based on utilization o...

Airbus | September 21, 2020

To celebrate zero emissions day 2020, Airbus has revealed three concept aircraft, codenamed ZEROe. These hydrogen-powered planes would be the first to produce zero emissions in flight and could revolutionize air transport for the future. Here’s what you need to know. European planemaker Airbus has unveiled three concepts for aircraft that could fly with zero emissions. These commercial planes are designed to fill every niche in the commercial aviation sector, and the planemaker says...

Aviation News | September 20, 2019

Private equity firm CataCap has agreed to acquire UK-based AerFin Holdings from CarVal Investors.AerFin provides cost-saving aftermarket support solutions to the aviation industry. Led by an experienced team of aviation experts, the company offers completely bespoke services ranging from whole aircraft and engine sale or lease, through to tailored flight-hour component support solutions based upon used serviceable material.CataCap will become the majority shareholder in the group, which is expec...

Boeing | September 18, 2020

AerSale confirmed today that it entered a purchase agreement to take on 24 Boeing 757-200 passenger aircraft. All of the jets come with Rolls-Royce RB211-535 series engines. Additionally, 16 spares form part of the deal. According to a press release seen by Simple Flying, these 757s are part of the approximately 500 commercial planes parked at AerSale’s sites at Roswell, New Mexico and Goodyear, Arizona, for several carriers and companies. AerSale not only provides storage, but it i...