June 17, 2009

GreenStone Aviation launches to help fill airline funding gap

GreenStone Aviation, a commercial aircraft leasing company, has announced that it has been capitalised with over $100 million in equity. GreenStone will focus exclusively on the sale/leaseback of newly-delivered commercial aircraft ordered by major airlines. The company is backed by leading private equity investors and led by John S. Slattery, the former head of RBS […]

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GE Aviation & Mubadala sign multi-faceted aviation agreement

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GE and Abu Dhabi

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SR Technics overhauls its 1000th CFM56 engine

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This week, the 1000th overhauled CFM56 engine will roll out of the Engine Maintenance Centre of SR Technics. In line with its long-term strategy, SR Technics is developing new competencies and innovative solutions to meet the current needs of its clients and to create real added value. Thanks to continuous performance-enhancing measures, SR Technics is

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Titan Airways and SR Technics extend component contract

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Titan Airways, based at London Stansted Airport, will continue to entrust its component maintenance to SR Technics. The contract renewal for Integrated Component Services (ICS) for the entire Titan Airways fleet was signed at the Paris Air Show in Le Bourget. The deal covers comprehensive services, such as replacement, maintenance, repair and component management on

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IAI and Airbus to develop environmentally conscious taxiing system

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Israel Aerospace Industries (IAI) and Airbus have signed a Memorandum of Understanding (MoU) at the 2009 International Paris Air Show to jointly develop and test an innovative environmentally friendly pilot-controlled towing semi-robotic system. The Taxibot Dispatch Towing system, designed by IAI, allows both wide and narrow body commercial airplanes to taxi to and from the

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Thomas Cook renews CFM56-5B support contract with AFI KLM E&M

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The international tourism giant has renewed its existing CFM56-5B engine support contract linking its UK and Danish fleets to AFI KLM E&M. Contract coverage has also been extended to take in five A320s operated by Thomas Cook Belgium, in addition to the 16 A320/A321s operated by Thomas Cook Airlines and Thomas Cook Scandinavia AS. With

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Royal Air Maroc and AFI sign share holder agreement to create JV MRO

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Royal Air Maroc and Air France Industries signed a share holder agreement to create a Joint Venture MRO platform at Casablanca Mohammed V International Airport. The Joint Venture (JV) will be owned 50/50 by both companies and be managed jointly. The coming JV will strengthen the positions of Air France Industries and Royal Air Maroc

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Valliere Aviation is about to create a new maintenance unit in Tunis

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Valliere Aviation Group (holding of Europe Aviation) and Tunisair have signed an agreement which should lead to the creation of a common maintenance company in Tunis in the next 18 months. Europe Aviation, from the Valliere Group, provides a large scope of maintenance services on both Airbus and Boeing aircraft from line maintenance to Total

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Air China and Pratt & Whitney set milestone for operation of engine model

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Air China’s Boeing 777 fleet powered by PW4000 engines has surpassed 550,000 hours, or the entire operational span of the Air China Boeing 777 fleet, without an in-flight shut-down setting a new standard for operational excellence for the carrier’s PW4000 112″ engines. As a whole, PW4000-112″ engines have accumulated more than 10 million hours of

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Air Austral selects Engine Alliance GP7200 engines

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Air Austral has selected Engine Alliance GP7200 engines to power its two Airbus A380 aircraft. Air Austral has also selected the Engine Alliance as its service provider to maintain, repair and overhaul the engines with a 10-year Fleet Management Agreement. The total value of the deal is worth $240 million at list prices.

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GreenStone Aviation launches to help fill airline funding gap

GE Aviation & Mubadala sign multi-faceted aviation agreement

SR Technics overhauls its 1000th CFM56 engine

Titan Airways and SR Technics extend component contract

IAI and Airbus to develop environmentally conscious taxiing system

Thomas Cook renews CFM56-5B support contract with AFI KLM E&M

Royal Air Maroc and AFI sign share holder agreement to create JV MRO

Valliere Aviation is about to create a new maintenance unit in Tunis

Air China and Pratt & Whitney set milestone for operation of engine model

Air Austral selects Engine Alliance GP7200 engines

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17 June 2009

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