AirTran Airways released that Stan Gadek, senior vice president and chief financial officer, will leave the company effective April 30, 2008, after eight years of service to the airline. AirTran Airways management and its board of directors have already started a search for his successor.
AirTran Airways Chief Financial Officer to leave Read More »
Hamilton Sundstrand has signed an exclusive spare parts purchase agreement with Evergreen Aviation Technologies Corp., which will include all Hamilton Sundstrand detail spare part purchases in support of Evergreen’s component repair shops. Evergreen Aviation Technologies Corp. is a joint venture engineering and maintenance provider between EVA Airways and General Electric Co. Evergreen Aviation Technologies Corp.
Hamilton Sundstrand signs spare parts agreement with Evergreen Read More »
Revima APU, a joint venture company between Hamilton Sundstrand and EADS Sogerma, shipped a total of 696 Auxiliary Power Unit repairs in 2007, up from 516 in 2006. Revima APU also received three international certifications to repair a wide variety of Auxiliary Power Units (APUs), employed on the world’s most- flown aircraft, including European (EASA)
Revima APU repair activity increases in 2007 Read More »
Embraer and the U.S. aircraft leasing company Jetscape signed an agreement for the acquisition of ten EMBRAER 190 jets, with options for an additional ten aircraft and another ten purchase rights for the same model. The total value of the agreement is $375 million, at list price, and could come to $1.125 billion, if all
Jetscape signs for ten Embraer 190 jets Read More »
Air Caraibes has selected Pratt & Whitney PW4000-100″ engines to power three new Airbus A330-300 aircraft. The engines will be backed by a 10-year comprehensive fleet management program provided by Pratt & Whitney Global Service Partners. The deal, including engines and service, is valued at more than $180 million.
Air Caraibes selects PW4000-100" engines to power three new A330-300 aircraft Read More »
Grupo Marsans, the largest tourism and transport group in Spain, has exercised options to purchase Pratt & Whitney PW4000-100″ engines to power five new Airbus A330 aircraft. The engine and maintenance agreement is valued at more than $285 million. The order follows Grupo Marsans’ purchase of 12 firm PW4000-powered A330 jets at the 2007 Paris
Grupo Marsans exercises options for PW4000 engines Read More »
Singapore-based Jetstar Asia Airways has selected Pratt & Whitney Global Service Partners for an exclusive, intended three-year deal to maintain the airline’s fleet of A320 V2500-A5 engines. Terms and conditions will be worked out over the next six months as part of an exclusive memorandum of understanding signed at the Singapore Airshow.
Jetstar Asia selects P&W Global Service Partners for engine maintenance Read More »
Embraer and Australia’s Virgin Blue Airlines have signed a contract to exercise four purchase rights for EMBRAER 190 jets and to convert another three into options for the same model. The total value of this new deal, at list price, is $150 million, and could reach $262.5 million, if all options are confirmed. This transaction
Virgin Blue orders four Embraer 190 jets Read More »
Genesis Lease Limited announced its financial results for the fourth quarter and year ended December 31, 2007. For the quarter ended December 31, 2007, rental revenues were $54.9 million, compared to $41.6 million for the same period in 2006, an increase of 31.8%. Net income was $6.4 million, compared to $7.0 million for the same
Genesis Lease reports fourth quarter and year end 2007 results Read More »
AAR CORP. has received an order to provide containerized roll-in/out platforms (CROP) for the U.S. Army, valued at $28 million. The specialized equipment, which is used primarily to transport ammunition, will be manufactured by AAR SUMMA Technology in Cullman, Alabama through June 2009. The order was placed as part of a five-year Indefinite Delivery/Indefinite Quantity
AAR receives $28 million order for container roll in/out platforms Read More »
