12 January 2010

Lockheed Martin receives $344 million in ongoing funding for C-5 modernization program

Lockheed Martin has received ongoing funding through a recently issued Acquisition Decision Memorandum (ADM) that authorizes Low Rate Initial Production (LRIP) associated with the C-5 Super Galaxy Reliability Enhancement and Re-Engining Program (RERP). The $344.3 million funding supports LRIP RERP production for 15 aircraft, including installation on three aircraft, material and fabrication for five aircraft, […]

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AerCap announces fourth quarter 2009 transactions

AerCap Holdings N.V. announced the completion of the following transactions during the fourth quarter 2009: AerCap signed new lease agreements for 15 aircraft and executed letters of intent for six aircraft leases, delivered 14 aircraft and nine engines under lease agreements, purchased ten aircraft and nine engines, and executed an agreement for the purchase of

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Japan Ministry of Defense takes delivery of 4th KC-767 Tanker

Boeing delivered the last of four KC-767 aerial refueling tankers to the Japan Ministry of Defense, completing one of the International Tanker team’s most significant milestones. Boeing’s partner on the Japan Tanker program, Itochu Corp., handed over the KC-767 advanced tanker to Japan Ministry of Defense officials. Assigned to the 1st Airlift Wing of the

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AA, BA, Qantas, Cathay Pacific and oneworld alliance offer USD $2 billion in enhanced commercial benefits for Japan Airlines

American Airlines, along with fellow oneworld Alliance founding members British Airways, Qantas Airways and Cathay Pacific Airways, outlined USD $2 billion in commercial benefits to Japan Airlines (JAL) over three years. The enhanced oneworld proposal would provide JAL the best path to future success while minimizing risk for the Japanese government and taxpayers and maximizing

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