The company plans to invest $27 million and add up to 70 jobs in the next five years.
SMBC Aviation Capital is set to deliver the aircraft.
The carrier is seeking debt to finance three 747-8Fs.
The carrier adds a Korean Air representative to its supervisory board.
US lessor mandates Rand Merchant Bank to finance lease extension.
Lessor issues three-year senior floating rate notes.
The interest rate on the amended loan is reduced by 1%.
The airline will lease the aircraft from Air Lease Corporation (ALC).
Engine manufacturer names mature fleet strategy director.
The law firm appoints Tony Payne as new aviation legal director.
Brazil has today published the decree to implement the Cape Town Convention,
what we are seeing is the airlines’ aggressiveness is not what it was a year or two ago. The interest is there, but there is more caution
Jeffrey Knittel, President, CIT Transportation Finance
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