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January 05, 2015

FAA Proposes $317,500 Civil Penalty Against United Airlines

Allegedly Operated An Aircraft That Was Not Properly Maintained

The FAA is proposing a $317,500 civil penalty against United Airlines, Inc. of Chicago, IL for allegedly operating an aircraft that was not in compliance with Federal Aviation Regulations.

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As Many As 15 Q400 NextGen Airplanes Acquired By GECAS

Leasing Company Places Five Firm Orders And Holds 10 Options

A firm purchase agreement for five Q400 NextGen aircraft has been signed between Bombardier and lessor GE Capital Aviation Services (GECAS) valued at approximately $160 million. At the same time, GECAS took options on 10 additional aircraft, which could push the value of the order to $448 million if all options are exercised.

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