easyJet opts for Optym for flight scheduling

easyJet has chosen the advanced network simulation solution Amadeus SkySYM by Optym to improve the reliability of its flight schedules. This solution is one of the five solutions offered as part of the Amadeus SKY Suite by Optym, after Amadeus and Optym formed a partnership in 2016. SkySYM works by…

Dr. Peters parts out two A380s

Dr. Peters Group is to part out two of its A380 aircraft returned by Singapore Airlines at the end of the ten year lease. The aircraft were financed by DS funds No. 129 and No. 130. Dr Peters maintains that this decision will lead to a “positive result for equity…

Bombardier closes Cdn$638.4 million equity offering

Bombardier has closed its previously announced offering of 168,000,000 Class B shares (subordinate voting) at a purchase price of Cdn$3.80 per share (the Offering), for aggregate gross proceeds of Cdn$638.4 million. The Offering was underwritten by a syndicate of underwriters led by Credit Suisse, National Bank Financial, UBS Securities Canada…

Rolls-Royce reports 2017 Full Year Results

Roll-Royce Holdings has reported revenue of £16.307bn for the full year 2017, which is an increase of 6% on underlying basis, with civil aerospace service revenues up 12%.  Underlying profit before tax up 25% to £1.071bn, with reported profit before tax of £4.897bn – that figure includes a £2.6bn non-cash…

ST Aerospace completes investment in EADS EFW

ST Aerospace has completed its investment of 35% equity interest in Elbe Flugzeugwerke GmbH (EADS EFW). The investment was completed following the receipt of regulatory approvals and fulfilment of customary conditions precedent. Following this completion, ST Aerospace will commence the A330P2F engineering development phase in February. A Dresden-based company with…

Gol secures Ex-Im Bank-guaranteed loan for engine maintenance services

The Export-Import Bank of the United States (Ex-Im Bank) has approved a Final Commitment for an $84.8 million loan guarantee to Brazilian airline VRG Linhas Aereas (GOL). The financing will support the export of engine maintenance services by Delta TechOps, a subsidiary of Delta Air Lines, headquartered in Atlanta, Ga….