Cargo operator Atlas Air has reached agreement with GE Capital Aviation Services (GECAS), one of its creditor's and its largest lessor, to restructure its aircraft lease payments. GECAS amended the lease terms on several Boeing 747-200s and 747-400s operated by Atlas subsidiary Polar Air Cargo, and agreed to take back Polar's two 747-100s. Atlas is also negotiating similar arrangements with other creditors and lessors.
Source: Airline Business
The January incident at Ellsworth AFB resulted in the destruction of the $450 million bomber and a rare quadruple ejection of the crew, who were attempting to execute an instrument landing during poor weather.
Israel Aerospace Industries (IAI) is considering launching a conversion programme for the Boeing 787 as it weighs up future projects. Speaking to FlightGlobal sister publication Air Cargo News at the Farnborough International Airshow, IAI executive vice president and general manager, aviation group, Shmuel Kuzi explained that the business is always ...
Germany’s Deutsche Aircraft has started construction of its first D328eco test aircraft, with cutting work to extend a D328 fuselage. The D328eco is an upgraded version of the turboprop, intended to accommodate 40 passengers. It will feature more efficient engines – the Pratt & Whitney PW127XT-S – and modernised avionics, ...
