1 April 2008

British Airways and AeroTurbine sign 10 year component lease agreement

AeroTurbine entered into a component purchase and sale agreement and a component lease agreement with British Airways, whereby AeroTurbine will purchase British Airways’ entire stock of wheels and brakes for the Boeing 737, 757, 767, 777, and 747-400 and will lease the same back to British Airways for a period of between six years and …

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GEnx-1B engine receives FAA certification

The GEnx-1B engine for the Boeing 787 Dreamliner received airworthiness engine certification from the U.S. Federal Aviation Administration. The FAR (Federal Aviation Regulation) 33 certification follows an extensive two-year ground- and flight-test program that involved eight engines and two flight-test programs on GE’s 747 flying test bed. During its development and certification program, the GEnx …

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Notifications by AMF of charges against EADS and some of its executives

EADS, as well as the concerned EADS and Airbus executives, took notice of the decision of the AMF College to initiate proceedings, respectively for breach of market information duties and for breach of insider trading rules. In the first step of what is likely to be a long process, the AMF College has considered that …

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Goodrich to repair proprietary components for Airbus

Goodrich Corporation has entered into an agreement with Airbus North America Customer Services Inc. to perform repair work on a variety of proprietary components at its Foley, Ala. maintenance, repair, and overhaul (MRO) facility known as the Alabama Service Center. Under the agreement, the facility becomes one of two Airbus-endorsed repair stations for structural components …

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Boeing names Paul Kinscherff to lead business in Gulf States

Boeing named Paul Kinscherff president of Boeing Middle East. He will be based in Dubai, United Arab Emirates, and report to Shep Hill, president, Boeing International. Kinscherff will work with Boeing Saudi Arabia President Ahmed Jazzar to strengthen Boeing’s presence across the region and support its growth there. Since late 2003, Kinscherff has been Boeing’s …

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