B767

Alerion Aviation Appoints New Director Operations (DO) Gene Tucker

Retrieved on: 
Wednesday, January 24, 2024

WEST PALM BEACH, Fla., Jan. 24, 2024 /PRNewswire/ -- Alerion Aviation, an Industry leader in private jet management and jet charter today announced the appointment of Gene Tucker as Director Operations (DO).

Key Points: 
  • WEST PALM BEACH, Fla., Jan. 24, 2024 /PRNewswire/ -- Alerion Aviation, an Industry leader in private jet management and jet charter today announced the appointment of Gene Tucker as Director Operations (DO).
  • Mr. Tucker brings a wealth of experience and expertise to the company and will play a pivotal role in Alerion Aviation's continued growth and success.
  • Gene joins Alerion as the Director of Operations in support of Alerion Aviation's management team.
  • In this role he will manage the day-to-day flight operations with overall responsibility for the safe and legal performance of flight and ground operations.

Amerijet Improves Capital Structure and Financial Position

Retrieved on: 
Wednesday, January 10, 2024

MIAMI, Jan. 10, 2024 /PRNewswire/ -- Amerijet International Airlines, a leading provider of global air cargo services, announced today that it has completed a successful financial & operational restructuring to enhance the Company's capital structure and support go-forward operations. The consensual restructuring transaction includes (i) the return of six B757 aircraft to lessors, (ii) modifications to our go-forward obligations on the B767 fleet, and (iii) a $55 million capital infusion from its existing lenders. In concert with the restructuring are a set of strategic and operational initiatives, including utilizing an all-B767 fleet with a reduced non-pilot headcount that is aligned with the right-sized fleet and current business demand.

Key Points: 
  • MIAMI, Jan. 10, 2024 /PRNewswire/ -- Amerijet International Airlines, a leading provider of global air cargo services, announced today that it has completed a successful financial & operational restructuring to enhance the Company's capital structure and support go-forward operations.
  • "With this restructuring, Amerijet is now in a stronger operating and financial position to serve its customers for the long term with the quality of service they have come to expect.
  • This definitive action will protect our position as the cargo carrier of choice in our markets," said Joe Mozzali, Chief Executive Officer of Amerijet.
  • Amerijet is represented in this matter by Sidley Austin LLP as legal counsel, FTI Consulting as financial advisor, and FTI Capital Advisors as investment banker.

Amerijet Improves Capital Structure and Financial Position

Retrieved on: 
Wednesday, January 10, 2024

MIAMI, Jan. 10, 2024 /PRNewswire/ -- Amerijet International Airlines, a leading provider of global air cargo services, announced today that it has completed a successful financial & operational restructuring to enhance the Company's capital structure and support go-forward operations. The consensual restructuring transaction includes (i) the return of six B757 aircraft to lessors, (ii) modifications to our go-forward obligations on the B767 fleet, and (iii) a $55 million capital infusion from its existing lenders. In concert with the restructuring are a set of strategic and operational initiatives, including utilizing an all-B767 fleet with a reduced non-pilot headcount that is aligned with the right-sized fleet and current business demand.

Key Points: 
  • MIAMI, Jan. 10, 2024 /PRNewswire/ -- Amerijet International Airlines, a leading provider of global air cargo services, announced today that it has completed a successful financial & operational restructuring to enhance the Company's capital structure and support go-forward operations.
  • "With this restructuring, Amerijet is now in a stronger operating and financial position to serve its customers for the long term with the quality of service they have come to expect.
  • This definitive action will protect our position as the cargo carrier of choice in our markets," said Joe Mozzali, Chief Executive Officer of Amerijet.
  • Amerijet is represented in this matter by Sidley Austin LLP as legal counsel, FTI Consulting as financial advisor, and FTI Capital Advisors as investment banker.

Jet Test International, Ltd. Launches Second Year of NCC Operations

Retrieved on: 
Monday, April 3, 2023

HENDERSON, Nev., April 03, 2023 (GLOBE NEWSWIRE) -- Jet Test International, Ltd., a global ferry flight company with over 20 years of experience, is launching its second year of non-commercial (NCC) operations serving clients with EASA registered aircraft.

Key Points: 
  • HENDERSON, Nev., April 03, 2023 (GLOBE NEWSWIRE) -- Jet Test International, Ltd., a global ferry flight company with over 20 years of experience, is launching its second year of non-commercial (NCC) operations serving clients with EASA registered aircraft.
  • Jet Test has the ability to perform full in-service demonstration flight profiles of European Union Aviation Safety Agency (EASA) registered aircraft in NCC operations.
  • Jet Test and its affiliates are the only complete solution for services encompassing aircraft maintenance, technical operations and flight operations.
  • Jet Test operates transport category aircraft on behalf of airlines, aircraft leasing companies and MRO’s.

PAN AM ACADEMY AMPLIFIES AVIATION TRAINING OFFERING INCORPORATING STATE-OF-THE-ART FLIGHT TRAINING DEVICES

Retrieved on: 
Wednesday, April 20, 2022

At Pan Am Flight Academy, we are focused on offering the most efficient and diverse training equipment and curriculums to our customers ", said Jeff Portanova, President of Pan Am Flight Academy.

Key Points: 
  • At Pan Am Flight Academy, we are focused on offering the most efficient and diverse training equipment and curriculums to our customers ", said Jeff Portanova, President of Pan Am Flight Academy.
  • These Flight Training Devices will reduce the need for simulator time, therefore, reducing simulator demand, and overall training costs.
  • Pan Am Flight Academy is a leader in commercial aviation training and has more experience, simulator fleet types and more programs catering to the aviation service industry than any other training organization.
  • As the only surviving division of the original Pan American World Airways, Pan Am Flight Academy can trace its instruction heritage to the earliest days of airline flight training.

Eastern Air Holdings and Flexport Announce Cargo Partnership Providing Net-New Capacity to Global Airfreight Market

Retrieved on: 
Tuesday, February 15, 2022

WAYNE, Pa. and SAN FRANCISCO, Feb. 15, 2022 /PRNewswire/ --Eastern Air Holdings and Flexport, the platform for global logistics, today announced a multi-year contract for cargo services that will bring much needed net-new capacity to the global airfreight market.

Key Points: 
  • WAYNE, Pa. and SAN FRANCISCO, Feb. 15, 2022 /PRNewswire/ --Eastern Air Holdings and Flexport, the platform for global logistics, today announced a multi-year contract for cargo services that will bring much needed net-new capacity to the global airfreight market.
  • "There is an urgent demand to develop new solutions that alleviate the constricted global cargo market," said Steve Harfst, Eastern Air Holdings President & CEO.
  • "Eastern has developed new, creative solutions to help solve the global airfreight capacity crisis, and we're honored to partner with them," said Neel Jones Shah, Executive Vice President and Global Head of Airfreight at Flexport.
  • Eastern Air Cargo offers general cargo sales, cargo charters, ACMI/wet-leasing and dry leasing in customizable routes.

Jet Test International, Ltd. Celebrates Two Decades of Service

Retrieved on: 
Monday, October 11, 2021

Jet Test International, Ltd., a global ferry flight company, recently celebrated its twentieth year in business with its 2,000th flight.

Key Points: 
  • Jet Test International, Ltd., a global ferry flight company, recently celebrated its twentieth year in business with its 2,000th flight.
  • Jet Test was featured in the Dec 2020 CNN article , This global airline has no passengers, no cargo and only flies one-way.
  • The team has delivered aircraft over the last two decades into and out of nearly every country around the world.
  • Jet Test International is a transcontinental company with offices in the United States and Europe, and operates under the call sign JTN.