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Avflight Moves Into New FBO Digs in Mesa ainonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ainonline.com Daily Mail and Mail on Sunday newspapers.
The Summertime Case for Floating Rate Notes (FRNs) May 25, 2021 Floating rate notes (FRNs) and related debt gain allure as interest rates rise, confirming a 2021 catalyst for assets like the While broad demand for high-yield corporate bond mutual funds has been tepid this year, investors are piling into leveraged loan equivalents. On the ETF side of the ledger, BKLN is benefiting from that trend, as highlighted by $1.87 billion of year-to-date inflows as of May 24. Nearly $788 million of that tally arrived in the current quarter. “Bank loans’ unique floating-rate feature, their hierarchy in the capital structure, and the loan market’s industry composition all make for an appealing relative value opportunity versus high-yield bonds,” says Morningstar analyst Garrett Heine. ....
- December 21, 2020, 2:11 PM Avflight s new 30,000 sq ft hangar expansion project as Willow Run Airport near Detroit is slated for completion by the third quarter of 2021. It will replace the hangar space the company currently leases in a 150,000 sq ft World-War II-era hangar that the airport intends to close. (Image: Avflight) Avflight has broken ground on a new expansion to its FBO at the Detroit-area Willow Run Airport (YIP). The company had leased space in a massive WWII-vintage hangar, which the airport has decided to close. As a result, Avflight’s new complex will include a pair of 15,000-sq-ft heated hangars that will be able to accommodate the latest big business jets, more than 7,000 sq ft of office space, and a 14-space indoor parking garage. ....
- December 17, 2020, 1:42 PM This artist s rendering shows the planned expansion of Avflight s newly-acquired FBO at Arizona s Falcon Field Airport. While the existing facility is on the southern side of the airport, the company intends to occupy a second location in an aviation infrastructure development currently under construction on the northern side. It is expected to open by mid-2021. Avflight has expanded its FBO chain with the addition of Falcon Executive Aviation, the lone full-service provider at Mesa, Arizona’s Falcon Field Airport. While Falcon Executive Aviation will retain its maintenance, charter, and flight school operations, Avflight will take over the facility, which includes the 2,000-sq-ft terminal, a 15,000-sq-ft hangar and office building, a recently-built 12,000-sq-ft hangar, and a fuel farm that just completed a new storage tank replacement project. The location, branded by sister company Avfuel, offers 24-hour fueling, as well as Avtrip� ....