10 October 2008

Eaton key supplier for new Embraer business jets

Diversified industrial manufacturer Eaton Corporation has been selected by Embraer to supply four systems on the Legacy 450 mid-light and Legacy 500 mid-size business jets. The packages include the nose wheel steering system, landing gear control and indication system, landing gear extension and retraction system, and the hydraulic system control module. The total package represents

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AerCap releases third quarter 2008 transactions

AerCap released that it signed new lease agreements for 22 aircraft, delivered 11 aircraft and ten engines under lease agreements, purchased four aircraft, seven engines and one airframe, sold ten aircraft and two engines and disassembled eight engines and one airframe in the third quarter 2008. Lease agreements: Four Airbus A320s for Air France (France),

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Willis Lease Finance completes sale of 10 engines for $63 million

Willis Lease Finance Corporation reported it has sold 10 jet engines for $63 million to GSI Engines Gamma Limited Partnership (GSI) of Germany with financing provided by the German bank Norddeutsche Landesbank Girozentrale (NORD/LB), Hannover. Willis Lease will continue to service the engines and long term lease arrangements for its customers on behalf of GSI.

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