Frontier Airlines Holdings entered into a Letter of Agreement with VTB Leasing to sell two of Frontier’s 49 Airbus A319 aircraft and two of its 11 Airbus A318 aircraft to VTB Leasing for onwards lease to Rossiya Airlines. The sale of the aircraft was facilitated by SkyWorks Leasing. Financial terms of the transaction were not disclosed.
Pratt & Whitney to invest US$255 million in world-class sustainment facility in Oklahoma City
Pratt & Whitney plans to invest US$255 million through 2028 in a world-class sustainment facility in Oklahoma City, Okla. The new 845,000-ft² facility will act as a hub for depot operations for all Pratt & Whitney military engines, including those for the F-35, C-17, F-22, F-15, F-16, B-52, and E-3 AWACS. “Pratt & Whitney’s Oklahoma