CIT Aerospace, a unit of CIT, has placed a new order for the V2500 engine to power 15 Airbus A320-family aircraft in a deal worth around $250 million at list prices. With this order, CIT
CIT places new order for the IAE V2500 engine Read More »
Wizz Air has placed a follow-on order for the IAE International Aero Engines V2500 to power a new fleet of 50 Airbus A320 aircraft. Supported by the V2500SelectSM aftermarket agreement, the new deal is valued at $1.6 billion at list prices.
Wizz Air selects the V2500 to power 50 A320s Read More »
Honeywell’s Runway Awareness and Alerting System (RAAS) has been added to Airbus
Honeywell's RAAS added to Airbus catalog Read More »
Goodrich Corporation has received an expanded landing gear overhaul service agreement from Continental Airlines to cover virtually every model in the airline’s Boeing aircraft fleet. The expanded portion of the agreement is expected to generate $49 million in revenue over five years. Under the contract amendment, Goodrich will perform overhaul services for landing gear on
Continental Airlines selects Goodrich for additional landing gear overhaul services Read More »
GE Aviation has launched a new engine core program, called “eCore”, as the technology cornerstone for a new generation of jet engines for narrow-body, regional, and business jets. The program is designed to offer aircraft operators up to 16% better fuel efficiency over GE’s best engines in operation today. GE already produces some of the
GE launches engine core for new commercial airplanes Read More »
Malaysia Airlines has ordered 35 Next-Generation 737-800 airplanes. The order is valued at more than $2.6 billion at current list prices. The airline also has acquired purchase rights for an additional 20 Next-Generation 737-800s. The order, which brought the total number of Boeing 737s ordered past the 8,000th mark, was recently posted on the Boeing
Malaysia Airlines announce order for 35 Next-Generation 737s Read More »
BAE Systems has signed contracts with the Belgian major carrier Brussels Airlines for the sale and leaseback of three Avro RJs. This deal follows the major transaction concluded in May 2005 under which BAE Systems signed a contract to buy and then leaseback 23 of the airline
AVRO RJ sale and leaseback deal with Brussels Airlines Read More »
Airbus China Limited and Harbin Aircraft Industry Group Company Limited (HAIG) entered into a framework contract for a Joint Venture Manufacturing Centre in Harbin, China to produce aircraft composite material parts and components. The manufacturing centre, which will be set up in early 2009, will be an equity joint venture enterprise, with HAIG holding 80%
Airbus and HAIG sign framework contract Read More »
Asiana Airlines of South Korea has signed a contract with Airbus for the purchase of 30 A350 XWB aircraft, plus 10 options. Delivery of the aircraft will begin in 2016 and the airline will take a combination of all three variants of the A350. The carrier will operate the aircraft on its regional and long
Asiana Airlines orders 30 Airbus A350 aircraft Read More »
AMR Corporation reported second quarter net loss of $1.4 billion including $1.2 billion in non-cash impairment charges and severance-related charges. The company ended the second auarter with $5.5 billion in total cash and announced $500 million in additional financing to further bolster liquidity.
AMR Corporation reports second quarter 2008 loss of $284 million Read More »
