26 March 2009

Willis Lease Finance reports record 2008 net income of $26.6 Million

Financial / Leave a Comment

Willis Lease Finance Corporation reported record revenues, net income and earnings per share in 2008, reflecting continued growth in the lease portfolio, high utilization of lease assets and historically low interest rates. Willis Lease’s net income available to common stockholders increased 61% to $23.5 million, or $2.68 per diluted share in 2008, compared to $14.5 […]

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TDG Aerospace's UFI selected by Hawker Beechcraft

MRO & Production / Leave a Comment

TDG Aerospace reported that its UFI (Universal Fault Interrupter) has been selected by Hawker Beechcraft Corporation to monitor and protect electrical circuits in Hawker’s revolutionary new composite Hawker 4000 twin jet. Hawker is the first business aircraft manufacturer to select TDG’s patented UFI technology to protect its fuel pump systems from electrical faults. At least

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Airbus signs R&T project on thermoplastic composites with Dutch R&T partners

Other News / Leave a Comment

Airbus and the Dutch Aerospace industry signed an extension to their Memorandum of Understanding for strategic cooperation in Research and Technology in place since 2005, and initiated in this framework a specific collaboration agreement on advanced thermoplastic composites. The agreement was signed by Fabrice Br

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El Al and Pratt & Whitney announce EcoPower service agreement

MRO & Production / Leave a Comment

El Al Airlines signed a one-year agreement for Pratt & Whitney Global Service Partners’ EcoPower engine wash service on its fleet of engines powering its Boeing 747s and 777s with an option to extend the agreement in one-year increments for up to three additional years. The washes will take place at John F. Kennedy International

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Pratt & Whitney's PW4000 Advantage70 takes flight

Aircraft & Engines / Leave a Comment

Pratt & Whitney’s PW4000 Advantage70 engine successfully completed its first flight aboard an Air Comet A330-200 in Toulouse, France, this week. The first Advantage70 flight marks the beginning of a flight test program that will continue through early April. The first PW4000-100″ engines with the Advantage70 technology upgrade, each of which deliver 70,000 pounds of

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