20 February 2008

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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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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