19 March 2008

Avianca takes delivery of first CFM-powered Airbus A320 aircraft

Avianca has taken delivery of the first of 50 CFM56-5B-powered Airbus A320. The airline became CFM’s newest customer in 2007 with a $650 million order for engines to power 47 purchased A319/A320 aircraft, as well as leasing three additional airplanes from CIT Aerospace. Avianca is scheduled to take delivery of its new single-aisle aircraft fleet …

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Alenia Aeronautica completes ultimate load tests on Boeing 787 horizontal stabilizer

Alenia Aeronautica, a Finmeccanica company, has successfully completed the “ultimate load testing” of the Boeing 787 Dreamliner horizontal stabilizer. The test has been carried out at the Laboratory of Structural Tests at Alenia’s Pomigliano plant in Naples in the presence of Boeing engineers. The test is a fundamental step as part of Boeing’s 787 certification …

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Spirit AeroSystems increases revolving credit facility to $650 million

Spirit AeroSystems reported the completion of an amendment to its existing credit agreements to increase the Company’s $400 million revolving credit facility to $650 million. The transaction enhances the company’s financial flexibility as it continues to invest in product development and win new business across the aerospace industry. The maturity date and interest cost of …

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