16 July 2008

South African Airways Technical signs engine services contract with SR Technics

SR Technics expands its presence in the African market by concluding an Integrated Engine Solutions (IES) agreement with South African Airways Technical. The exclusive five-year contract commences immediately and covers services on CFM56-5C engines on Airbus A340 aircraft. It is worth some $165 million. Under the new IES agreement, SR Technics provides engine maintenance, repair […]

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Yemen Airways selects P&W Global Service Partners for fleet maintenance

Yemen Airways, has selected Pratt & Whitney Global Service Partners for a 10-year, $90 million Fleet Management Program agreement. The agreement covers all of the owned A310 aircraft in Yemen Airways fleet, which are powered by Pratt & Whitney PW4000 engines. The agreement covers all engine maintenance as well as engine health monitoring of the

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Shenzhen Airlines select V2500 engines to power 28 Airbus A320

China’s Shenzhen Airlines has selected the International Aero Engines V2500 to power 28 Airbus A320 family aircraft and back the engine order with a long-term V2500Select agreement. Shenzhen Airlines currently operates a fleet of 19 Airbus A320 family aircraft with a further 14 on firm order. The aircraft will have the SelectOne build standard, with

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Aviation Capital Group to order V2500 engines to power 25 Airbus A320

Aviation Capital Group has selected the International Aero Engines V2500 engine to power 25 Airbus A320 family aircraft. Aviation Capital Group currently owns 49 V2500-powered aircraft. Deliveries of these new aircraft will begin in 2011. International Aero Engines is a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines

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Vietnam Airlines selects IAE V2500 engine for leased A321 fleet

Vietnam Airlines has selected the International Aero Engines V2500 engine to power an additional seven Airbus A321s it is leasing from ILFC and AerCap. Vietnam Airlines operates 12 V2500-powered A321s. The aircraft will be equipped with the new SelectOne build standard engine, delivering improved fuel burn and lower CO2 emissions with greater time on wing

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US Airways signs long-term aftermarket agreement with IAE

US Airways announced that it has signed a long-term aftermarket agreement with International Aero Engines (IAE) covering V2500-A5 engines that power the airline’s fleet of Airbus A320-family aircraft. The contract will run to 2032 and is currently IAE’s largest aftermarket maintenance agreement. This contract will initially cover 74 V2500-A5 powered aircraft already in service and

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Delta Air Lines reports June 2008 quarter financial results

Delta’s net income for the June 2008 quarter excluding special charges was $137 million, or $0.35 per diluted share, despite a more than $1 billion year-over-year increase in fuel input costs related to higher prices. Delta’s merger with Northwest Airlines is targeted to close during the fourth quarter of 2008. The company expects approximately $2

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