SAS and SR Technics sign new aircraft services contract
SAS Scandinavian Airlines and SR Technics have concluded a contractual agreement covering aircraft services for the airline
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23 September 2008
Afriqiyah Airways signs component support contract with AFI
Afriqiyah Airways signed a contract with Air France Industries (AFI) covering component support for its fleet of 14 A319s and A320s. The agreement includes access to the spare parts pool managed by AFI at Paris Charles-de-Gaulle airport along with support for Afriqiya Airways in several in-line component support areas.
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First V2500 SelectOne powered Airbus A320 delivered to IndiGo
IAE International Aero Engines reported the delivery of the first V2500 SelectOne powered Airbus A320 to launch customer IndiGo. This new V2500 engine build standard, delivers an additional one per cent fuel burn benefit. Aircraft level certification, EASA CS-25, was achieved in July this year, following FAR33 engine level certification in December 2007. The aircraft,
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Air New Zealand fits winglets to reduce fuel, emissions
Air New Zealand estimates it will save more than NZ$7.5 million in fuel and 16,000 tonnes of CO2 emissions annually by fitting performance-enhancing blended winglets on to its five Boeing 767-300ER aircraft. The 767 fleet, which operates to Australia, the Pacific Islands and Honolulu, will be fitted with the winglets progressively from July next year.
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Genesis Lease secures a $241 million 7-year debt facility
Genesis Lease Limited has secured a new $241 million, seven year debt facility on an existing portfolio of 11 aircraft. The facility was provided by three leading aviation financing institutions: HSH Nordbank AG, KfW Ipex-Bank GmbH and DVB Bank AG. Proceeds from the financing will primarily be used to refinance outstanding borrowings on the 11
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Spirit AeroSystems opens European repair station in Prestwick, Scotland
Spirit AeroSystems formally opened its new Maintenance, Repair, and Overhaul (MRO) repair station in Europe. The Spirit facility, based at the Spirit AeroSystems European headquarters in Prestwick, Scotland, will support customers in Europe, Africa and the Middle East. The new facility, which has received its European Aviation Safety Agency (EASA) Certification, will perform composite repairs
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Volvo Aero Services and Boeing extend partnership agreement
Volvo Aero Services Corp and The Boeing Company have extended a marketing and distribution partnership agreement, originally established in 1999, for an additional 10 years. Within the agreement, Volvo Aero Services will continue to provide multiple asset management services to support the distribution of quality aircraft parts for a wide range of Boeing aircraft models.
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Gulfstream International announces closing of new debt financing
Gulfstream International Group has consummated two debt financings recently announced, bringing in net cash proceeds of approximately $5.1 million. The terms of these financings are detailed in the Company’s Form 8-K filed on September 18, 2008.
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