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Aviation Capital Group Increases Revolving Credit Facilities to $650,000,000

May 15, 2012

Aviation Capital Group (ACG) announced today that it has closed on revolving credit facilities of $650 million to increase its liquidity and provide for flexibility in funding its aircraft delivery positions.

Garmin® G5000 Flight Deck Selected for Learjet 70 and Learjet 75

May 15, 2012 Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that Learjet, a subsidiary of Bombardier, has selected the Garmin G5000 integrated avionics...

QF-16 flies in mannned mode

May 15, 2012

The first test flight of Boeing's QF-16 Full Scale Aerial Target drone has been conducted with the U.S. Air Force with a human pilot at its controls.

Ex-Im Bank Approves $350 Million Loan Guarantee to Support Textron's Exports of Cessna Aircraft and Bell Helicopters

May 15, 2012 The Export-Import Bank of the United States (Ex-Im Bank) has approved a guarantee of a $350 million loan facility to provide the funds to assist Textron Inc. in financing the exports by two of its companies, Cessna ...

Garmin® Awarded STC for G1000® Equipped King Air 300 and 350

May 15, 2012 Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the global leader in satellite navigation, announced today that the Federal Aviation Administration (FAA) has granted supplemental type certification (...

LiveTV And Greenwich AeroGroup Bring Iridium OpenPort® To Business Aviation; LiveTV and Greenwich AeroGroup sign agreement to make Iridium global high speed voice and data solution available to fixed wing and rotorcraft operators

May 15, 2012 LiveTV, a wholly owned subsidiary of JetBlue Airways Corporation, and Greenwich AeroGroup Inc., have entered into a distribution agreement where Greenwich Aerogroup, Inc. and its affiliates will sell, support and in...

Ex-Im Bank To Leverage Industry Expertise To Expedite Export Financing For Business Aircraft And Helicopters

May 15, 2012 U.S. manufacturers of business aircraft and helicopters will benefit from a new process to assess credit risks and expedite foreign-buyer financing from the Export-Import Bank of the United States (Ex-Im Bank). Ex-I...

Cessna Selects Garmin® G5000 Flight Deck for New Citation Longitude

May 15, 2012 Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that Cessna Aircraft Company has selected the Garmin G5000 integrated avionics system for t...

Universal Clients to Benefit From LFV's Competitive Aviation Insurance Offerings

May 15, 2012 To help meet its clients' insurance needs associated with operation of their aircraft, Universal Weather and Aviation, Inc. (EBACE exhibit #7080) has developed a relationship with LFV Aviation Insurance Brokers/Lu...

Hawthorne Opens New Private Jet Gateway to U.S. With Convenient Access to New York City

May 15, 2012 Hawthorne Global Aviation today announced that it has opened a new private jet gateway to the U.S., providing international travelers with a convenient new option for travel to the New York City metro area. The Haw...

Republic Airlines to Operate 32 Q400s as United Express; Aircraft transition to begin in August

May 15, 2012 Republic Airways Holdings Inc. (NASDAQ: RJET) today announced that its Republic Airlines subsidiary has reached a tentative agreement to operate 32 Bombardier Q400 aircraft under the United Express brand. The Capaci...

EX-IM BANK TO LEVERAGE INDUSTRY EXPERTISE TO EXPEDITE EXPORT FINANCING FOR BUSINESS AIRCRAFT AND HELICOPTERS

May 15, 2012 The following information was released by the U.S. Export-Import Bank: U.S. manufacturers of business aircraft and helicopters will benefit from a new process to assess credit risks and expedite foreign-buyer f...

AYOTTE, SHAHEEN TO AIR FORCE: PEASE IS A "CLEARLY SUPERIOR" BASE FOR NEW TANKER AIR FORCE RELEASES BASING CRITERIA FOR NEXT GENERATION AIR REFUELING TANKER

May 15, 2012 The following information was released by New Hampshire Senator Kelly Ayotte: Based on new criteria released today, Pease Air National Guard Base is the best location for the Air Force's new KC-46A tanker, said...

FAA ISSUES PROPOSED RULE ABOUT ADOPTING A NEW AIRWORTHINESS DIRECTIVE FOR SIKORSKY AIRCRAFT

May 15, 2012

WASHINGTON, May 15 -- Federal Aviation Administration has issued a proposed rule called: Airworthiness Directives; Sikorsky Aircraft Corporation Helicopters.

-Boeing Completes 1st Flight of QF-16 Aerial Target for US Air Force

May 15, 2012 ENP Newswire - 15 May 2012 Release date- 11052012 - JACKSONVILLE, Fla. - The Boeing Company [NYSE: BA] and the U.S. Air Force completed the first manned flight of the QF-16 Full Scale Aerial Target on May 4 at ...