Jetlines closes financing for SmartLynx Airlines
Canada Jetlines Ltd. (JET: TSX-V) has announced it has closed a private placement with SmartLynx Airlines SIA, the company said.Pursuant to the financing, Jetlines has sold an aggregate of 22,727,272…
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Star Navigation reprices common share warrants
Star Navigation Systems Group Ltd. has announced that, pursuant to a private placement of 4 million warrants, it plans to amend the exercise price, the company said.The original price of…
Bombardier sells 4 global 6000 business jets in deal valued at USD 310m
Bombardier has announced it has sold four Global 6000 business jets in a transaction valued at USD 310 million to an undisclosed customer, the company said.Global 6000 aircraft, with its…
MercuryGate names professional services leader to grow transportation management offerings
MercuryGate International, Inc. has announced it has hired software veteran Dan Willmer as professional services leader to help grow and scale the professional services function, the company said.Willmer brings 20…
J.F. Lehman promotes 2 senior execs
PE firm J.F. Lehman & Company, focused on the aerospace, defense, maritime, government and environmental sectors, has announced the promotions of Glenn M. Shor to Partner and David F. Thomas…
Avation completes sale of Airbus airplane to Asian buyer
Avation PLC (AVAP: LSE), a Singapore-based aircraft leasing company, has announced it has finalized the sale of a single two-year old Airbus A321 aircraft to an Asian buyer, the company…
J.F. Lehman expands environmental services portfolio with acquisition of Inland Pipe Rehabilitation
Aerospace, defense, government and environmental-focused private equity firm J.F. Lehman and Company (JFLCO) has announced an investment affiliate has acquired waste and storm water services company Inland Pipe Rehabilitation LLC…
BOC Aviation signs for 11 737 Max jets
BOC Aviation has announced it has signed an agreement with Boeing to acquire 11 additional 737 Max aircraft, the company said.The jet aircraft are scheduled to deliver in 2019 and…
JFLCO-backed Ravn Air Group acquires Peninsula Airways assets
J.F. Lehman & Company-backed Ravn Air Group, Inc. has announced it has acquired the assets of Peninsula Airways, Inc. (PenAir), the company said.Headquartered in Anchorage, Alaska, PenAir is a regional…
Modern Aviation acquires Boeing Field FBO operator Gateway USA
Modern Aviation has announced the acquisition of Gateway USA, LLC, operating one of the two main FBOs at Boeing Field (KBFI) in Seattle, Washington, the company said. The Seattle facility,…
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