09 Aug 2021

North American Newsletter 9 August

C&L Aviation Group Completes Sale of 6 Saab 340 Aircraft C&L Aerospace has signed a contract for the sale of 6 Saab 340 Aircraft to Legends Airways. C&L, who is converting all 6 aircraft for freighter operations, has delivered the first 2 aircraft, with the remaining 4 being delivered by the end of 2021. Chorus Aviation announces aircraft leasing transactions with Connect Airlines Chorus Aviation Inc that Chorus Aviation Capital has entered into agreements to lease two Dash 8-400 aircraft to Waltzing Matilda Airlines, LP operating as Connect Airlines. CAC expects to deliver the aircraft in September and November 2021. Embraer Signs Major Services and Support Agreement with Porter Airlines Porter Airlines has signed a major aftermarket support package contract with Embraer. The Total Support Program (TSP) agreement includes airframe heavy maintenance checks, technical solutions, and access to the Pool Program, which includes component exchanges and repair services for hundreds of reparable items for Porter’s E2 fleet of commercial aircraft, for up to 20 years. President & CEO Porter Airlines Michael Deluce stated “This service agreement with Embraer is fundamental to Porter’s operational success. During this very important moment in Porter's history, Embraer's expertise and support is crucial as we start operations with the E-Jets E2, since no one knows these planes better than the manufacturer.” EXIM Approves $500 Million in Financing to Support U.S.-Manufactured Commercial Aircraft Exports to WestJet The Board of Directors of the Export-Import Bank of the United States (EXIM) approved a $500 million loan guarantee to support exports of U.S.-manufactured Boeing 787-9 aircraft to WestJet Airlines Ltd., headquartered in Calgary, Alberta. “This transaction represents well-structured, prudent lending, and it fills a present gap in aircraft financing in the private sector,” said Acting President and Chairman James Burrows. “EXIM’s ability to move forward in the aerospace sector helps to provide confidence to commercial lenders that these transactions remain creditworthy.” First Boeing 737-800 for OWG A year after its arrival in the Quebec aviation market, OWG, the newest division of Nolinor Aviation, is getting ready to bounce back from the pandemic by adding its first Boeing 737-800 to its fleet. On the eve of a return to “normalcy”, this acquisition will provide a positive flying experience to more travellers allowing them to fly longer distances and support the creation of more than 20 specialized jobs. President of Nolinor Aviation Mr. Marco Prud’Homme stated “Our team spent the past year planning this moment and we look forward to flying again when it will be safe to do so. With this new 737-800 aircraft, OWG will offer the HIGH LOVE experience towards more destinations. It is the next logical step for us”. Global Crossing Airlines Approved by FAA as Newest US Airline Global Crossing Airlines announced that it has been granted its US FAA Aircraft Operating Certificate (“AOC”) authorizing it as a US 121 flag and supplemental carrier. Pending receipt of final DOT authorization, GlobalX will begin passenger operations as the newest US airline. Flying the Airbus A320 family, the airline provides charter flights to U.S., Canadian, Caribbean and Latin American destinations from its hubs in Miami and Atlantic City. Acumen Aviation © 9 August 2021  All Rights Reserved.