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Financial Partnership
Sky Holding, a San Francisco leasing company, has secured $500 million in equity from Los Angeles Oaktree (private equity firm.) The latest incarnation of their long-standing relationship will provide airline sale/leaseback financing. According to Sky holding’s press release, the latest “$500 million investment from funds managed by Oaktree will enable Sky to finance over $2 billion of Boeing and Airbus aircraft annually, with sale/leaseback activities set to begin in the first quarter of 2010.”
Remote controlled plane crashes into Santa Cruz County house
(KRON) — A large remote controlled airplane nearly crash-landed on a bouncy house full of children who were playing outside at a Santa Cruz County house party, according family members. Famil…
Plane to be used for Air Force One training will land in Bangor today
The U.S. Air Force’s newly purchased Boeing 747-8 plane, bought for the Air Force One program, is set to land in Bangor.
Plane was overloaded with moose meat and antlers during crash that killed lawmaker’s husband, NTSB says
Moose antlers were attached to the plane’s wing strut at the time of takeoff.
Crash: Coming Soon
British Channel 4 is deliberately crashing a jet loaded with cameras and sensors.Two former US navy pilots will set the plane on autopilot and then parachute out before the plane crashes in the desert.
The location of the 300 seat jet crash will not be disclosed. This is the latest in sensationalist programming designed for ratings (but masquerading as scientific research.) According to Channel 4, “It’s going to be designed as a survivable crash. There is no point in atomising the plane – we wouldn’t learn anything from it.”
The plane won’t be occupied but that doesn’t mean there aren’t bloody consequences. Apparently this new series is coming at the cost of axing established thrill-a-minute programming like “wife swap.”
Snake on a plane delays a flight in Australia
Because the snake is native to the Brisbane region, Mark Pelley suspects it escaped from a passenger’s luggage during a flight from Brisbane to Melbourne.
