Aviation Capital Group (“ACG”) announced that it has increased its senior unsecured revolving credit facility with DBS Bank Ltd. as administrative agent by $60 million to $220 million and extended the maturity to December 28, 2019. Together with its other senior unsecured revolving credit facility, ACG has $1.165 billion of revolving commitments from 21 banks globally.
“We are pleased with the continued support of our global banking partners. Our unsecured revolving credit commitments provide diversified, efficient and flexible funding to support the active management of our aircraft fleet,” said Eric Blau, vice president and treasurer of ACG.
Boeing, TAROM and CDB Aviation have celebrated the delivery of the airline’s first 737‑8, marking the arrival of Romania’s first Boeing 737 MAX and a key milestone in the national carrier&...
Electra and The Atlas Group today announced a landmark airframe agreement for the EL9 Ultra‑Short aircraft, uniting Electra’s next‑generation design with Atlas’s established aerospace manu...
Global Jet Capital has released its sixth annual Business Jet Market Forecast, outlining a confident outlook for the sector. The updated analysis anticipates steady expansion over the next five years,...
EHang announced its extensive involvement in the FIA Sustainable Innovation Series held in Madrid during the Formula 1 Spanish Grand Prix week. Organized by the Fédération Internationale...
