Aircraft finance

KBRA Releases Research – Aviation Sector Outlook One Year Into the Pandemic

Retrieved on: 
Wednesday, March 3, 2021

Kroll Bond Rating Agency (KBRA) releases its outlook on the corporate aviation sector and examines notable events and trends one year into the COVID-19 pandemic.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) releases its outlook on the corporate aviation sector and examines notable events and trends one year into the COVID-19 pandemic.
  • While all segments of global aviation faced headwinds due to COVID-19, airlines, as the operators of passenger aircraft, have borne the brunt of it.
  • While most airlines have tried to avoid bankruptcies, several have filed for debt restructuring and, in some cases, outright liquidation.
  • Aircraft leasing companies efforts to work through a wave of deferral requests as airlines sought relief from lease payments.

GrandView Aviation Opens Seventh Phenom 300 Private Jet Base

Retrieved on: 
Tuesday, March 2, 2021

BOSTON, March 2, 2021 /PRNewswire/ -- GrandView Aviation, one of larger Phenom 300 charter operators in the US, has opened a base in Bedford, Massachusetts as of March of 2021.

Key Points: 
  • BOSTON, March 2, 2021 /PRNewswire/ -- GrandView Aviation, one of larger Phenom 300 charter operators in the US, has opened a base in Bedford, Massachusetts as of March of 2021.
  • GrandView will be operating out of Laurence G. Hanscom Field (KBED) to private charter services for VIP clients, in addition to its life-saving organ transplant team transportation services.
  • GrandView doubled its fleet at the end of 2020 to meet increased charter demand as passengers are flocking to private travel to avoid commercial airline travel.
  • GrandView Aviation operates a fleet of Phenom 300 private charter jets and helicopters giving access to departure points across the United States from the company's bases in Baltimore, Chicago, Atlanta, Austin, Phoenix, and Denver.

Global $87.6 Billion Aircraft Maintenance, Repair and Overhauling Services Market to 2030 with Honeywell, AAR, Air France Industries KLM Engineering & Maintenance, Airbus, & Boeing Dominating

Retrieved on: 
Monday, March 1, 2021

Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global aircraft maintenance, repair and overhauling services market as it emerges from the COVID-19 shut down.

Key Points: 
  • Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global aircraft maintenance, repair and overhauling services market as it emerges from the COVID-19 shut down.
  • Major companies in the aircraft maintenance, repair and overhauling services market include Honeywell Aerospace; AAR Corporation; Air France Industries KLM Engineering & Maintenance; Airbus SAS and The Boeing Company.
  • The aircraft maintenance, repair and overhauling services market is segmented into commercial aircrafts MRO services; commercial helicopters MRO services; commercial gliders and drones MRO services; aircraft turbines MRO services; aircraft engines MRO services and rocket engines MRO services.
  • Africa was the smallest region in the global aircraft maintenance, repair and overhauling services market.

Global Aircraft Maintenance, Repair and Overhauling Services Market Report 2021: Long-term Forecast to 2025 & 2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 24, 2021

The "Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global aircraft maintenance, repair and overhauling services market as it emerges from the COVID-19 shut down.
  • The aircraft maintenance, repair and overhauling services market consists of sales of aircraft maintenance, repair and overhauling (MRO) services and related goods by entities (organizations, sole traders or partnerships) that maintain, repair and overhaul commercial aircraft including helicopters, gliders, drones, aircraft turbines, aircraft engines and rocket engines.
  • The aircraft maintenance, repair and overhauling services market is segmented into commercial aircrafts MRO services; commercial helicopters MRO services; commercial gliders and drones MRO services; aircraft turbines MRO services; aircraft engines MRO services and rocket engines MRO services.

Tuvoli Acquisition of FlyEasy Expands Technology Access for Charter Operators and Brokers

Retrieved on: 
Monday, February 8, 2021

Tuvoli, an open technology platform that enables charter aircraft brokers and operators to seamlessly buy, sell and pay for flights, announced today its acquisition of FlyEasy , an advanced software aviation solution provider.

Key Points: 
  • Tuvoli, an open technology platform that enables charter aircraft brokers and operators to seamlessly buy, sell and pay for flights, announced today its acquisition of FlyEasy , an advanced software aviation solution provider.
  • Both Tuvoli and FlyEasy customers have expressed a desire to reduce the number of independent, disconnected technology tools they are using.
  • Charter operators and brokers are leveraging the FlyEasy platform to streamline charter sales.
  • Tuvoli, an open technology platform for the private aviation industry, offers Part 135 aircraft operators and brokers access to innovative online services and secure transactions.

Fly Leasing to Report Fourth Quarter and Full Year 2020 Financial Results on February 25, 2021

Retrieved on: 
Friday, February 5, 2021

DUBLIN, Feb. 5, 2021 /PRNewswire/ -- Fly Leasing Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing, today announced that it will release its fourth quarter and full year 2020 earnings results after the market closes on Thursday, February 25, 2021.

Key Points: 
  • DUBLIN, Feb. 5, 2021 /PRNewswire/ -- Fly Leasing Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing, today announced that it will release its fourth quarter and full year 2020 earnings results after the market closes on Thursday, February 25, 2021.
  • FLY's senior management will host a conference call and webcast with slide presentation to discuss these results at 4:30 p.m. U.S. Eastern Time on Thursday, February 25, 2021.
  • FLY is a global aircraft leasing company with a fleet of modern, high-demand and fuel-efficient commercial jet aircraft.
  • FLY leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world.

Worldwide Aircraft Valve Industry to 2027 - Growing Popularity of Low Cost Carriers Airline and Narrow Body and Wide Body Aircraft Presents Opportunities

Retrieved on: 
Wednesday, January 27, 2021

The presence of multiple general aviation aircraft manufacturers globally is showcasing the year-on-year growth in orders and deliveries.

Key Points: 
  • The presence of multiple general aviation aircraft manufacturers globally is showcasing the year-on-year growth in orders and deliveries.
  • This factor has boosted the procurement of aircraft valves among general aviation aircraft manufacturers and operators, thereby catalyzing the aircraft valve market growth.
  • The aircraft valve market is segmented on the basis of product type, valve type, aircraft type, end user, and geography.
  • The lubrication system valves segment is projected register the fastest CAGR in the overall aircraft valve market during the forecast period.

GrandView Aviation to Extend Western Coverage at Centennial Airport

Retrieved on: 
Thursday, January 21, 2021

BALTIMORE, Jan. 21, 2021 /PRNewswire/ -- GrandView Aviation , one of the nation's largest Phenom 300 charter operators, announced the addition of Colorado's Centennial Airport to the company's rapidly evolving list of bases.

Key Points: 
  • BALTIMORE, Jan. 21, 2021 /PRNewswire/ -- GrandView Aviation , one of the nation's largest Phenom 300 charter operators, announced the addition of Colorado's Centennial Airport to the company's rapidly evolving list of bases.
  • GrandView will open its sixth base with the addition of KAPA after a year of record growth for the charter operator.
  • In 2020, GrandView Aviation took delivery of five new Embraer Phenom 300s and added charter service bases in Atlanta and Scottsdale while experiencing a year of record growth and demand.
  • GrandView Aviation is a FAA Part 135 certificated aircraft operator & carries the elite Wyvern Wingman safety rating.

Latitude 33 Aviation Proudly Adds Another New Bombardier Challenger 350 Business Jet to its Fleet

Retrieved on: 
Monday, January 11, 2021

Latitude 33 Aviation, a private jet charter , executive jet management , and aircraft sales and acquisitions company based in California, will manage the Challenger 350 business jet out of San Diego on behalf of the aircraft owner.

Key Points: 
  • Latitude 33 Aviation, a private jet charter , executive jet management , and aircraft sales and acquisitions company based in California, will manage the Challenger 350 business jet out of San Diego on behalf of the aircraft owner.
  • The Challenger 350 business jet provides a spacious, comfortable and productive alternative to commercial travel, especially as passengers seek to avoid crowds, said Peter Likoray, Senior Vice President, Sales and Marketing, New Aircraft, Bombardier Business Aircraft.
  • The Challenger 350 aircraft holds the coveted title of best-selling super-midsize business jet for six consecutive years, and is growing increasingly popular in California.
  • Bombardier, Challenger and Challenger 350 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

Premier Air Charter Secures Four Citation X Jets

Retrieved on: 
Monday, January 11, 2021

The addition of the aircraft bolsters Premier Air Charter's already impressive fleet and continues the unprecedented growth made by the company in recent years.

Key Points: 
  • The addition of the aircraft bolsters Premier Air Charter's already impressive fleet and continues the unprecedented growth made by the company in recent years.
  • "We're really excited to announce the arrival of these aircraft," said Premier Air Charter CEO, Ross Gourdie.
  • "The Citation X is a wonderful aircraft that's fast and comfortable and we're happy to add more to our fleet.
  • Premier Air Charter currently manages 8 individual business aircraft on behalf of private owners and various organizations.