Swiss maintenance provider SR Technics has secured a $325 million loan from General Electric Commercial Aviation Services (GECAS) to enable it to expand its operations. SR Technics’ main shareholders, investment firms 3i and Star Capital, have secured the asset-backed loan to support the maintenance company’s fleet technical management and component activities.
Source: Flight International
Boeing has designated Lufthansa Technik as the first Boeing-licensed Service Center (BLSC) for cabin modifications on its 787 Dreamliner airplanes.
ITP Aero is on a mission. With new chief executive Eva Azoulay at the helm, the former Rolls-Royce subsidiary is coming to the Farnborough air show for the first time as a standalone company, with a new appearance, and something to prove.
Boeing 777 cargo conversion firm Mammoth Freighters has delivered a -200LR for modification to the UK-based specialist STS Aviation Services. Mammoth had reached an agreement for conversion work with STS, located in Manchester, two years ago. The pact covers cargo modification for both 777-200LRs and -300ERs. STS states that US-based ...
