8 December 2005

General Electric wins $2.5 billion engine maintenance contract

British Airways awarded a GBP1.5 billion (~ $2.5 billion) engine maintenance contract with GE, one of the largest engineering contracts awarded in the airline’s history. The ten-year agreement will see GE responsible for the maintenance, overhaul and repair for the airline’s RB211-524 and CFM56 engines. The Rolls-Royce RB211 engines power British Airways 57 Boeing 747s

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Qantas board approved long haul strategy for Jetstar

The Board of Qantas Airways approved the establishment of a new long haul value based airline under the Jetstar brand. Jetstar would commence its international operations no later than January 2007. Jetstar’s initial route structure would require 10 aircraft and would involve point-to-point routes between Australia and Asian and Pacific cities. A special board meeting

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Russian Aeroflot to buy thirty RRJ regional jets for $820 million

Aeroflot and Sukhoi Civil Aircraft Company announced the firm order for 30 Russian Regional Jet (RRJ) aircraft . In accordance with the Contract Aeroflot orders thirty RRJ95 in basic configuration with deliveries to start in November 2008. The total deal is valued at approximately $820 million at list prices. All the RRJs will be powered

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