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AVIAAM LEASING AB (Incorporated in Lithuania with Public Limited Liability, Corporate ID Code 302330793)
AVIAAM LEASING AB (incorporated in Lithuania with public limited liability, corporate ID code 302330793) Offering of up to 14,181,716 Shares, with a nominal value of LTL 1.00 each, and admission to trading on the Warsaw Stock Exchange of up to 43,305,593 Shares of Joint Stock Company AviaAM Leasing This document (the "Prospectus") has been prepared for the purpose of (i) the offering (the "Offering") of up to 14,181,716 ordinary registered shares in the share capital of Joint Stock Company AviaAM Leasing (the "Issuer" or the "Company"), with a nominal value of LTL 1.00 each, and (ii) the admission of up to 43,305,593 ordinary registered shares of the Issuer (the "Shares") to trading on the Warsaw Stock Exchange (in Polish: Gie³da Papierów Wartoœciowych w Warszawie S.A., the "WSE"). The Issuer will be offering for subscription up to 13,857,790 newly issued Shares (the "New Shares"). Gediminas iemelis (the "Selling Shareholder"), the Issuer's direct minority shareholder (but indirectly majority shareholder), will be offering up to 323,926 existing Shares (the "Sale Shares"). The New Shares to be issued by the Issuer and the Sale Shares offered by the Selling Shareholder are referred to, where thecontextpermits,astheOfferShares.TheIssuerwillonlyreceivethenetproceeds from the sale of the New Shares, whereas the Selling Shareholder will receive the net proceeds from the sale of its Sale Shares. The Offer Shares offered in this Offering constitute a minority interest in the Issuer. Prior to the completion of the Offering, the Selling Shareholder holds 1.1% of the issued share capital of the Issuer. -
January - June 2014
January - June 2014 January - June 2014 1 THE SOCIETY OF EXPERIMENTAL TEST PILOTS BOARD OF DIRECTORS President ....................................................................................................... .. Kevin Prosser, Calspan Vice President ....................................................................................................... Timothy Morey, Wyle Secretary ........................................................................................................Michael Wallace, Boeing Treasurer ....................................................................................................... Todd Ericson, Col, USAF Legal Officer ........................................................................................... Roderick Cregier, Col, USAF Executive Advisor ............................................................................................ Doug Benjamin, Boeing President-Elect ...................................................................................Mark Stucky, Scaled Composites Technical Advisor ............................................................................................ Patrick Duffy, JT3, LLC Technical Advisor ..................................................................................................... Greg Lewis, NTPS Canadian Section Representative ..........................................Maurice Girard, Bombardier Aerospace Central Section Representative ................................................................Dan Hinson, Cessna Aircraft East -
Weekly Aviation Headline News
ISSN 1718-7966 June 24, 2019/ VOL. 695 www.avitrader.com Weekly Aviation Headline News WORLD NEWS Lufthansa announces direct service between Newcastle and Munich Lufthansa has strengthened its com- mitment to the UK market with a new direct flight from Newcastle Interna- tional Airport (NCL) to Munich. Com- mencing operations from 3 February 2020, the Airbus A319 aircraft will fly six times weekly between the two cities and provide onward connections from Munich throughout Europe, Americas and Asia Pacific. This is the first New- castle route for Lufthansa, opening its seventh destination in the UK. IAG intends to take Air Astana wins for eight years 200 Max in a row planes. Air Astana, the flag carrier of Kazakh- Photo: stan, has been recognised for 4 Star Boeing service excellence, retaining the ac- colade of “Best Airline in Central Asia and India” in the Skytrax World Airline IAG looks to the Max Awards for the eighth consecutive Airbus to challenge ‘mysterious’ order year. The prestigious awards ceremo- ny took place at the 53rd edition of the Certainly, the surprise announce- LEVEL plus British Airways at Lon- craft will make a successful return Paris Air Show at Le Bourget on 18 ment at the just ended Paris Air don Gatwick airport. to service in the coming months June 2019. Over 21 million air travel- Show was the very unexpected having received approval from the lers were surveyed about their experi- order by the International Airline Willie Walsh, IAG chief executive, regulators”. ences with airlines on the ground and Group (IAG), which owns carriers said: “We’re very pleased to sign in the air over a 10-month period. -
HELMOED COMBAT AIRCRAFT Layout 1
Adequate, Affordable, Appropriate – COMBAT AIRCRAFT FOR SMALL AIR FORCES Researched and written by Helmoed Romer-Heitman IR POWER can be critical in its own presented by guerrillas, terrorists and even flying illegally mined cassiterite ore from the right for some small countries, and large criminal groups. DRC to neighbouring countries, using Let-410 Awill almost always be an immensely Some of these groups, however, will be well light transports landing on roads. valuable force multiplier. But air forces are armed and highly mobile, using “technicals” In 2008 there were reports of armed expensive, so the acquisition of aircraft, even mounting a range of heavy weapons, including personnel and “technicals” being flown into combat aircraft, must be handled rationally. twin and quad 14,5 mm machineguns and twin the Birao airfield, in the Vakaga province, of It will not do to buy aircraft incapable of 23 mm cannon and even, in a few cases, truck- the Central African Republic, after it was seized meeting the mission requirements just mounted twin 37 mm cannon. by local guerrillas. because they are cheap; nor should any air Although these are all intended primarily for That small air-landed force apparently then force chase the “latest and greatest” if that is use against ground targets, making them fanned out to cover the flank of a major not required for the missions likely to fall to it extremely dangerous to light forces, they also guerrilla force moving through the Vakaga – not even if it could afford to do so, as there present a real threat to aircraft that come province into Chad as part of the raid on the will always be opportunity costs to consider. -
Visiongain -V1531/ Publisher Sample
Visiongain http://www.marketresearch.com/Visiongain -v1531/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays: 5:30am - 5:30pm EST Email: [email protected] MarketResearch.com Commercial Aircraft Leasing Market Report 2015-2025: Top Companies in Narrowbody, Widebody, Regional Jet & Turboprop Operating Dry Leasing & ACMI Wet Leasing 5.6 Latin American Commercial Aircraft Leasing Market Forecasts 2015- 2025 Table 5.14 Latin American Commercial Aircraft Leasing Market & Submarket Forecasts 2015-2025 ($m, AGR %, CAGR %, Cumulative) Sales ($m) 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2015-25 Widebody A/C 350 360 370 380 389 398 408 419 431 443 455 466 4,519 Dry Leasing AGR (%) 2.9 2.8 2.7 2.4 2.3 2.5 2.7 2.9 2.8 2.7 2.4 Narrowbody A/C 1,020 1,059 1,099 1,142 1,189 1,239 1,291 1,344 1,398 1,454 1,513 1,576 14,304 Dry Leasing AGR (%) 3.8 3.8 3.9 4.1 4.2 4.2 4.1 4.0 4.0 4.1 4.2 Regional A/C 350 363 376 390 405 421 438 456 474 492 511 533 4,859 Dry Leasing AGR (%) 3.7 3.6 3.7 3.8 4.0 4.0 4.1 3.9 3.8 3.9 4.3 ACMI / 180 186 192 198 205 213 221 228 235 243 253 264 2,438 Wet Leasing AGR (%) 3.3 3.2 3.1 3.5 3.9 3.8 3.2 3.1 3.4 4.1 4.3 Total Sales 1,900 1,968 2,037 2,110 2,188 2,271 2,358 2,447 2,538 2,632 2,732 2,839 26,120 AGR (%) 3.6 3.5 3.6 3.7 3.8 3.8 3.8 3.7 3.7 3.8 3.9 CAGR (%) 2015-20 3.7 2020-25 3.8 CAGR (%) 2015-25 3.7 Source: Visiongain 2015 Figure 5.41 Latin American Commercial Aircraft Leasing Market & Submarket Forecasts 2015-2025 ($m, AGR %) 3,000 5 2,500 4 2,000 3 1,500 2 Sales ($m)Sales 1,000 1 500 (%) AGR American Latin 0 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Year Widebody A/C Dry Leasing Narrowbody A/C Dry Leasing Regional A/C Dry Leasing ACMI / Wet Leasing Latin American Market AGR Source: Visiongain 2015 www.visiongain.com Page 266 Commercial Aircraft Leasing Market Report 2015-2025: Top Companies in Narrowbody, Widebody, Regional Jet & Turboprop Operating Dry Leasing & ACMI Wet Leasing 5.7.3 C.I.S. -
Service to the World Our Focus Is on Engineuity™
ISSN 1718-7966 MAY 8, 2017/ VOL. 589 WEEKLY AVIATION HEADLINES Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com WORLD NEWS Viva Aerobus selects Teledyne Controls Viva Aerobus, the leading low-cost airline in Mexico with one of the high- est growth rates in Latin America, has chosen a new cloud-based Flight Data Analysis (FDA) service from Teledyne Controls to deliver essential flight data and actionable intelligence to take the expansion of its fleet and the mod- ernisation of its Airbus A320 aircraft to the next level. The service, which col- lates, analyses reports and presents information on an airline’s operation in a series of customisable dash- boards, allows for a faster and more Alitalia is once again effective identification of events. in trouble A320s reach AviaAM Financial Photo: Leasing China Eric Salard AviaAM Leasing, a Warsaw Stock Ex- change listed aircraft leasing compa- Flightpath to bankruptcy ny, announced that its joint venture Alitalia is up for sale with the Henan Civil Aviation Devel- opment and Investment Company Just three years ago Alitalia was said: “We have done all we could schedule remains unchanged. The (HNCA) – AviaAM Financial Leasing rescued from the doldrums of to support Alitalia, as a minor- new debt is expected to last for China – has acquired three newly- bankruptcy when UAE-carrier Eti- ity shareholder, but it is clear this around six months and the govern- built Airbus A320 aircraft which had bailed out the Italian airline af- business requires fundamental ment is unlikely to follow it with were delivered at Airbus facilities ter taking a 49% stake. -
2014 Annual Report Textron’S Global Network of Businesses
2014 ANNUAL REPORT TEXTRON’S GLOBAL NETWORK OF BUSINESSES BELL HELICOPTER TEXTRON SYSTEMS TEXTRON AVIATION INDUSTRIAL FINANCE Bell Helicopter is one of the Textron Systems’ businesses Textron Aviation is home to Our Industrial segment offers Our Finance segment, leading suppliers of provide innovative solutions the iconic Beechcraft, three main product lines: operated by Textron helicopters and related spare to the defense, aerospace Cessna and Hawker brands, fuel systems and functional Financial Corporation (TFC), parts and services in the and general aviation and continues to lead components produced by is a commercial finance world. Bell is the pioneer of markets. Product lines general aviation through two Kautex; specialized vehicles business that provides the revolutionary tiltrotor include unmanned systems, principal lines of business: and equipment manufactured financing solutions for aircraft and has delivered armored vehicles, advanced aircraft sales and aftermarket. by the Textron Specialized purchasers of Textron more than 35,000 aircraft to marine craft, intelligent Aircraft sales include Vehicles businesses and products, primarily Textron customers around the world. battlefield and surveillance business jet, turboprop and Jacobsen; and tools and Aviation aircraft and Bell Greater than 29% of all systems, intelligence piston aircraft, as well as test equipment made by helicopters. For more than helicopters in operation software solutions, piston special mission and military the Textron Tools & Test five decades, TFC has played today carry the Bell brand, engines, simulation, training aircraft. Aftermarket includes companies. a key role for Textron including both military and and other defense and parts sales, maintenance, customers around the globe. commercial applications. aviation mission support inspection and repair products and services. -
Airbus Tops Orders Race; Boeing Delivers Record Numbers WEEKLY
ISSN 1718-7966 JANUARY 20, 2014 / VOL. 422 WEEKLY AVIATION HEADLINES Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com Boeing and WORLD NEWS Airbus both flew high with More Boeing 787 trouble record orders and deliveries The US National Transportation in 2013, with Safety Board (NTSB) is set to join Airbus taking Japan’s Civil Aviation Bureau in a over the lead for new probe into a failed lithium-ion bat- aircraft orders, tery on board a JAL Boeing 787 while Boeing Dreamliner parked at Tokyo’s Narita remained on Airport. Boeing said that the fact top of the that liquid had been released into delivery charts for the second the battery container after smoke straight year was discovered rising from the cells, showed that the modifica- Boeing tions it brought in last year to fix an earlier problem - which led to the grounding of the 50-strong global Airbus tops orders race; Boeing delivers record numbers fleet of 787s from January to April 2013 order backlogs of both airframers top 5,000 units for first time - were working as intended. Airbus and Boeing broke a host Airbus v Boeing: Orders and Deliveries CSeries delivery setback of records with the publication of January through December 2013 Canadian airframer Bombardier their order and delivery tallies for Airbus Boeing announced it was pushing back 2013, with Airbus emerging as the delivery of its first CSeries jet the clear leader in the single-aisle Type Orders* Deliveries Type Orders* Deliveries by around a year, saying it need- category while Boeing continues A318 0 1 737-700 14 17 ed more time to test the CS100, its widebody domination. -
Bell Helicopter, Textron Airland and Textron Aviation to Highlight Special Mission & Defense Products at Marrakech 2016
⏲ 27 April 2016, 06:30 (CDT) Bell Helicopter, Textron AirLand and Textron Aviation to Highlight Special Mission & Defense Products at Marrakech 2016 Wichita, Kansas (April 27, 2016) – Bell Helicopter, Textron AirLand and Textron Aviation Inc., all Textron Inc. (NYSE: TXT) companies, today announced their plans for the Marrakech Airshow at the Menara Airport in Marrakesh, Morocco, which runs April 27-April 30, 2016. Textron will be displaying in chalet A8. Bell Helicopter This year, Bell Helicopter is showcasing the Bell 407GXP, equipped by NorthStar Aviation as a light attack helicopter, on static display and the Bell UH-1Y Venom and The Bell AH-1Z Viper models showcasing our military attack and utility helicopters. With over 250 commercial Bell Helicopters being used for military missions in Middle East and Africa, Bell Helicopter is seeing a growing demand in the region specifically for the Bell 407 in a light attack configuration. The Bell 407GXP is the latest best-selling Bell 407 platform, with added value through class leading performance, payload capability and operating economics. The M250 Rolls-Royce engine boosts power and fuel efficiency delivering best in class hot and high performance. The aircraft also features avionics improvements in the weight and balance pages, as well as a transmission time between overhaul (TBO) extension of 500 hours. The Bell UH-1Y utility and Bell AH-1Z attack helicopters continue to perform for the United States Marine Corps, delivering on our promise of technologically advanced aircraft the Marines can rely on to accomplish their challenging missions. The Venom and Viper are a potent, comprehensive duo, designed and manufactured to reduce logistical requirements and marinized to perform for expeditionary forces over land or sea. -
The Air League Newsletter
The Air League Newsletter Issue 5: September/October 2014 ABOVE - An image from BAE Systems depicts a possible future stealthy “Transformer” air system, that could combine separate autonomous platforms into one, to carry out extended missions. It was one of a number of visionary developments that the company is examining as part of an evolving future air systems strategy. FUTURE TECHNOLOGIES HIGHLIGHTED he 2014 Farnborough International Airshow once again highlighted the latest developments and technologies in the global aerospace sector, ranging from hybrid and electrically powered aircraft to all-new conventional and unmanned aircraft Tprogrammes, and new variants based on existing programmes. But apart from aircraft, the show also acted as a showcase for a wide cross-section of cutting edge innovation and aeronautical and space activity. It was opened by Prime Minister David Cameron MP who stressed that the government now regarded the aerospace sector as one of the nation’s most important for generating future economic growth. Both Airbus and Boeing had their newest as part of the RAF’s “Seedcorn” initiative to aircraft on display during the trade days – the preserve core ASW crew expertise following the Airbus A350XWB and the stretched Boeing demise of Britain’s own maritime air capability. 787-9. and announced orders and options The P-8A is the only jet-powered long-range MR for over 1,200 aircraft during the show. Both contender that comes close to the performance manufacturers had earlier released revised of the lost Nimrods, though Airbus Military future market forecasts indicating that over the is offering a more affordable option based on next 25 years, the number of new large aircraft the C-295 twin turboprop aircraft. -
Annual Report • 2013
TEXTRON 40 WESTMINSTER STREET PROVIDENCE, RI 02903 (401) 421-2800 WWW.TEXTRON.COM 2013 ANNUAL REPORT © 2014 TEXTRON INC. 44496 Cover.indd 1 2/27/14 4:51 PM TEXTRON’S DIVERSE PRODUCT PORTFOLIO 2013 Textron is known around the world for its powerful brands of aircraft, defense and industrial products that provide customers with groundbreaking technologies, innovative solutions and fi rst-class service. PATH OF INNOVATION BELL HELICOPTER CESSNA INDUSTRIAL TEXTRON SYSTEMS Innovation Born Innovation Realized It starts with an idea. A group of It ends with a product. With talent, talented people then take this idea January hard work and commitment, we to places that most of us can’t put new products in the hands of imagine. Here are some of the our customers. Here are some major innovations we February of the innovative products we announced in 2013: delivered in 2013: BELL-BOEING V-22 OSPREY CESSNA CITATION X+ KAUTEX GENERATION II SCR SYSTEM™ COMMANDO ™ ELITE March Kautex Next Generation Carbon Canister™ meets the challenges April of more stringent environmental regulations. BellB Helicopter’s V-280 ValorV is next generation tiltrotor technology May BELL 429™ CESSNA CJ4 CUSHMAN TITAN HD™ SHIP-TO-SHORE CONNECTOR that offers the defense Cessna TTx is the world’s industry unparalleled fastest commercially speed and agility for produced fi xed-gear tomorrow’s missions. piston aircraft, made from all-composite materials June and delivering advanced technology and comfort. Bell Helicopter’s 505 Jet Ranger X TM reclaims a market the July ccocompany pioneered nearly 550 years ago, delivering a ® nnew design and features BELL 412™ CESSNA CITATION LATITUDE GREENLEE G3 TUGGER™ AEROSONDE that customers want. -
AEROSPACE July Cover.Indd
THE GREAT BRITISH TAKE-OFF LIGHTNING II HEADS www.aerosociety.com FOR FARNBOROUGH DÉBUT July 2014 UK’S NEW CIVIL AEROSPACE R&D WILD ABOUT THE CAT NASA’S PATH TO MARS His Royal Highness The Prince of Wales is presented with his Honorary Fellowship certifi cate in 1978 by the then-President Prof Lew Crabtree. RAeS (NAL). HRH The Prince of Wales accepts invitation to become Honorary President in 2016 The Royal Aeronautical Society is delighted to announce that His The Chief Executive of the Royal Aeronautical Society, Simon Royal Highness The Prince of Wales has accepted the Society’s Luxmoore said: “We are honoured that The Prince of Wales has invitation to act as its Honorary President for 2016, the 150th graciously accepted our invitation to become our Honorary anniversary year of the establishment of the Society. President during our 150th anniversary year. 2016 will be an His Royal Highness’s Presidency will continue the Royal occasion to celebrate innovation, not only through past Family’s long association with the Royal Aeronautical Society. Her achievements but, more importantly, through looking to the future. Majesty The Queen became the Society’s Patron in 1952, As such, we very much intend to support His Royal Highness’ succeeding her father, King George VI, in this role. Both Their continuing commitment to encouraging youth opportunity. The Royal Highnesses The Prince Philip, Duke of Edinburgh, and The support of our Honorary President in this important area will inspire Prince of Wales are Honorary Fellows, the Society’s highest and the next generation towards even greater innovations in science, most prestigious award.