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PAR Capital Management Enters Into Binding Agreement to Subscribe to a 11.5% Stake in Icelandair Group

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PAR Capital Management Enters Into Binding Agreement to Subscribe to a 11.5% Stake in Icelandair Group April-2019 PAR Capital Management Enters Into Binding Agreement To Subscribe To A 11.5% Stake In Icelandair Group Airbus Sells Its Shares In Alestis Aerospace Ethiopian Airlines Statement On The Preliminary Report Of The Accident On ET 302 Magnetic MRO Expands Camo Capabili- ties To Two New Wide-Bodies Contents Magnetic MRO Expands Camo Capabilities To Two New Wide-Bodies 1 Starlux Airlines Orders 17 A350 XWB Aircraft For Long-Haul Services 2 ATI Extends Long-Term Purchase Agreement With Rolls-Royce 3 Airbus Sells Its Shares In Alestis Aerospace 4 KBRA Assigns Final Ratings To Maps 2019-1 Limited 5 Vietnam Airlines Showcases Its Latest Airbus A350-900, Completing Its Fleet.. 6 UIA Adjusts Its Summer 2019 Schedule 8 Gulf Air Explores Growing The Airlines Network With Strategic Partners In Russia 9 PAR Capital Management Enters Into Binding Agreement To Subscribe To A 11.5%.. 10 Nordic Aviation Capital Has Successfully Completed The Largest Ever Senior.. 11 Airbus Shareholders Approve All AGM Resolutions, Guillaume Faury Appointed CEO 12 GA Telesis Appoints Kevin Geissler, Vice President Of Aviation Lease Solutions 14 Bombardier Signs Firm Purchase Agreement For Six Q400 Turboprops 15 Aerfin: Q1 Update 16 Ethiopian Airlines Statement On The Preliminary Report Of The Accident On ET 302 18 Airbus Launches “Skywise Health Monitoring” With Us Airline Allegiant Air.. 19 Tap Air Portugal Takes Delivery Of Its First A321LR 20 Skyworks Announces Q1 2019 Activities 22 ANA Receives New Boeing 787-10 For International Routes 23 Gulf Air And Etihad Airways Sign Codeshare Agreement, Strengthening.. 24 Magnetic MRO Expands Camo Capabilities To Two New Wide-Bodies Magnetic MRO, a global provider of Total that adds new wide-body aircraft to our portfolio Technical Care for aircraft operators and lessors, complements the company’s recent business has gained EASA’s approval to offer continuing acquisition. This strategic alignment certainly airworthiness management (CAMO) services on creates a good base of synergy for Magnetic MRO’s wide-bodies Airbus 330 and Boeing 777, as well future business achievements in the wide-body as Embraer 145 aircraft type. News about the market,” commented Magnetic MRO’s Continuing recently updated CAMO approval certificate that Airworthiness Manager Andrei Pavlov. According expands Magnetic MRO’s capabilities to two new to Pavlov, Magnetic MRO’s CAMO approval was types of wide-body aircraft comes just weeks extended to sustain the company’s relationship after the company finalized the acquisition of with the development and growth of our existing Direct Maintenance, a Dutch company that’s customers, and create a possibility for potential specialized in Line Maintenance for wide-body future partnerships with new customers. aircraft. “The expansion of the CAMO capability 1 Starlux Airlines Orders 17 A350 XWB Aircraft For Long-Haul Services Taipei, 19 March 2019 – STARLUX Airlines of Christian Scherer, Airbus Chief Commercial Officer. Taiwan has signed a firm order with Airbus for 17 “Both the A350-1000 and A350-900 offer true long widebody aircraft, comprising 12 A350-1000s and range capability, greater passenger comfort, yet five A350-900s. The new airline plans to deploy all the economic benefits of fleet commonality. these aircraft on its premier long-haul services We salute STARLUX’s strategic choice with from Taipei to Europe and North America, as well gratitude and we will be there to support their as selected destinations within the Asia-Pacific legitimate ambition.” The A350 XWB is the world’s region. “We are very glad to sign the official most modern and eco-efficient aircraft family purchase agreement today for Airbus widebodies. shaping the future of air travel. It is the long- The A350’s combination of extra-long range range leader in the large wide-body market (300 capability, significantly lower operating costs and to 400+ seats). The A350 XWB offers by design high passenger comfort were key factors in our unrivalled operational flexibility and efficiency for decision,” K.W. Chang, Founder and Chairman of all market segments up to ultra-long haul (9,700 STARLUX Airlines said. “STARLUX is committed to nm). It features the latest aerodynamic design, becoming one of the best airlines in the world. We carbon fibre fuselage and wings, plus new fuel- are positive that with the A350 XWB, we will be efficient Rolls-Royce engines. Together, these latest able to spread our wings to further destinations, technologies translate into unrivalled levels of bringing our best-in-class services to more people operational efficiency, with a 25 per cent reduction over the world in the near future.” “What K. W. and in fuel burn and emissions. The A350 XWB’s STARLUX are proving is that when you start from Airspace by Airbus cabin is the quietest of any twin- a clean sheet, you make no compromises. Every aisle and offers passengers and crews the most STARLUX A350-1000 takes off 45 tonnes lighter than modern in-flight products for the most comfortable its alternative. Imagine the savings! And will fly up flying experience. At the end of February 2019, to 1,000 more miles than the alternative, enabling the A350 XWB Family had received 852 firm orders STARLUX to serve US-East Coast destinations from 48 customers worldwide, making it one of nonstop! Imagine the extra market & revenue!” said the most successful wide-body aircraft ever. 2 ATI Extends Long-Term Purchase Agreement With Rolls-Royce Allegheny Technologies Incorporated (NYSE: ATI) signed another long-term agreement with ATI for today announced that it has extended its Long- disc quality nickel alloys. Rolls-Royce’s supply chain Term Purchase Agreement (LTPA) with Rolls-Royce requires on time delivery of the highest quality to supply rotating disc quality specialty materials materials. ATI’s track record of cost, quality and for their Trent engine family. The LTPA extends delivery performance has been a key consideration Rolls-Royce and ATI’s agreement through 2029. in award of this contract. This new contract “We are pleased to extend our long-standing provides an opportunity for Rolls-Royce and ATI relationship with Rolls-Royce, partnering with them to further develop their relationship and to enjoy on the development of next generation jet engines engine production and services volume growth,” and supporting their legacy jet engine supply said Warrick Matthews, Executive Vice President, chain,” said Robert S. Wetherbee, ATI’s President and Procurement and Installations Supply Chain, Rolls- Chief Executive Officer. “This agreement reliably Royce. This news release contains forward-looking secures Rolls-Royce’s supply of critical materials statements within the meaning of the Private for their innovative engine portfolio for the next Securities Litigation Reform Act of 1995. Forward- ten years.” “This agreement covers the production looking statements are based on management’s of a wide range of critical products used to make current expectations and include known and Rolls-Royce’s next-generation jet engines as well unknown risks, uncertainties and other factors, as spare parts for in-service engines. It supports many of which we are unable to predict or control, ATI’s market-leading alloy development and broad that may cause our actual results, performance production capabilities, including our iso-thermal or achievements to materially differ from those forging operations,” said John Sims, Executive expressed or implied in the forward-looking Vice President, High Performance Materials and statements. Additional information concerning Components Segment. “In recognition of ATI’s factors that could cause actual results to differ commitment to innovation, quality and operational materially from those projected in the forward- reliability, Rolls-Royce awarded ATI a majority looking statements is contained in our filings share of all materials covered under this LTPA. We with the Securities and Exchange Commission. We are honored to support Rolls-Royce as they work assume no duty to update our forward-looking to confidently statements. deliver on this unprecedented aerospace ramp.” “We are very pleased to have 3 Airbus Sells Its Shares In Alestis Aerospace Getafe, Spain, 1 April 2019 – Airbus has entered of Military Aircraft at Airbus Defence and Space. into an agreement to sell its shares in Alestis Alestis Aerospace is an aerostructures supplier Aerospace to Aciturri, a company headquartered and a leader in composite technology, whose in Miranda de Ebro, Spain. With this acquisition, activities include the design, development, and Aciturri will become the majority shareholder of manufacturing of structural aerospace components. Alestis Aerospace, holding 76% of Alestis’ shares, In 2018, its revenues reached € 283 million and in collaboration with SEPI which will maintain its the company has more than 1,600 employees participation with 24% of the new shareholding distributed mainly between Spain and Brazil. Airbus structure. “Aciturri’s acquisition of Airbus’ shares entered into the shareholding structure of Alestis in Alestis reinforces the company’s position as a Aerospace in 2014. The closing of the transaction supplier of reference in the aerospace sector and is subject to certain conditions’ precedent that ensures its long-term viability and future,” said should be completed in the short term. Alberto Gutierrez, Head of Airbus Spain and Head 4 KBRA Assigns Final Ratings To Maps 2019-1 Limited serviced by GECAS with Merx as an equity investor. Over NEW YORK, NY (March 15, 2019) – Kroll Bond Rating the past Agency (KBRA) assigns final ratings to three classes year, Merx replaced GECAS as servicer of RISE. of notes (the “Notes”) issued by MAPS 2019-1 Of the 19 aircraft in the MAPS 2019 1 Portfolio, Limited. This transaction represents the second 18 are currently owned by subsidiaries of the serviced securitization for Merx Aviation Servicing Issuers as part of the RISE securitization. The Limited (the “Servicer”) who is an indirect wholly other asset is currently owned and serviced by owned subsidiary of Merx Aviation Finance, LLC Merx and will be acquired by the Issuers.
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