Aircraft Financing

Australian taxpayers will guarantee a loan of $ 106 million to Fiji Airports Ltd for its capital projects. Australia’s Pacific Infrastructure Finance Facility (AIFFP), administered by the Department of Foreign Affairs and Trade, guaranteed the loan through ANZ Bank. “The total financing facility is $ 106 million currency risk free …

Aircraft modification company GDC Technics has been in turmoil as it charted a course to eventually come out of bankruptcy or complete the sale of the company. A group representing the creditors in the case said they would be better served if the company liquidated its assets in a Chapter …

CINCINNATI, June 16, 2021 (GLOBE NEWSWIRE) – Workhorse Group Inc. (NASDAQ: WKHS) (“The workaholic“Or” the Company “), a U.S. technology company focused on delivering sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery industry, today announced that it has filed a formal complaint with the Federal State Claims …

Lake Michigan Credit Union continues to expand its presence in the Sunshine State, now with the planned cash acquisition of a Tampa, Florida-based bank. Grand Rapids-based LMCU announced on Wednesday afternoon its intention to acquire Pilot Bancshares Inc. in a transaction valued at approximately $ 96.6 million. The deal will …

From dawn on June 23, 1931 until sunset on July 1, 1931, Wiley Post and navigator Harold Gatty piloted a single-engine Lockheed Vega 5C known as the Winnie Mae around the world without navigation aids, radios, autopilot, life jackets or rafts, in unfamiliar weather conditions, in remote and unimproved grass …

Adobe Stock The United States and the European Union have announced that they resolved a 17-year dispute over aircraft subsidies of Boeing and Airbus, agreeing to suspend tariffs for five years, according to CNBC. Last week, the EU pressured the White House to come to an agreement that would end …

The United States and the European Union (“EU”) ad a “cooperative framework”To address and potentially resolve their long-standing dispute over subsidies for large civil aircraft, also known as the Boeing–Airbus or disputes involving large civil aircraft. Originally initiated in 2004 when the United States filed a complaint with the World …

LOS ANGELES–(COMMERCIAL THREAD) – Romeo Power, Inc. (“Romeo Power”) (NYSE: RMO), an energy technology leader providing advanced electrification solutions for complex commercial vehicle applications, today announced the appointment of the Senior Executive Kerry A. Shiba as Chief Financial Officer, effective July 6, 2021. Mr. Shiba brings over 30 years of …

TEL AVIV, Israel, – Airwayz Drones Ltd, a specialist in AI-based flight systems and unmanned traffic management (UTM), has announced the formation of a strategic partnership with Digiland Pte Ltd: a provider of finance, operations, technology, security and governance based in Singapore. Henry Teh, President and CEO of Digiland Pte …

Vmo aircraft rental, a San Francisco-based aircraft leasing company, has appointed Meghan O’Connor to the newly created role of senior vice president and head of capital markets. O’Connor will oversee corporate finance transactions and capital market activities for the lessor’s platform. “With Meghan, we welcome another proven leader to our …