20 February 2008

Air Caraibes selects PW4000-100" engines to power three new A330-300 aircraft

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.

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Grupo Marsans exercises options for PW4000 engines

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

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Jetstar Asia selects P&W Global Service Partners for engine maintenance

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.

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Genesis Lease reports fourth quarter and year end 2007 results

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

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AAR receives $28 million order for container roll in/out platforms

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

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BaySys Technologies awarded FAA supplemental type certificate

BaySys recently received issuance of STC ST02506NY for multiple interior modifications on the Boeing 737-300 Aircraft. The airline-to-VIP interior modification project encompassed installation of VIP conference and seating areas, including cabinetry, tables, divans and four-place VIP seating, in-seat power installation, multiple in-flight entertainment and cabin management upgrades, heavy maintenance check, and exterior paint completion. The

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