24 March 2010

Chromalloy to provide LHT AERO Alzey with engine component inspections

Chromalloy will provide Lufthansa Technik AERO Alzey with inspections, repairs, modifications and overhaul on PW100 engine components and other engine components. In addition to the PW100, which powers turboprop commuters and other aircraft, the agreement covers the CF34 turbofan and PW901 auxiliary power unit (APU). The $22 million, five-year contract covers services on up to …

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AEI launches B737-400SF with ten AAA ULD

Aeronautical Engineers has modified its existing B737-400SF to accommodate ten full height AAA containers plus one AEP/AEH container. MNG Airlines is the launch customer for what will become the new standard for B737-400SF conversions. The modification touch labor is currently being performed at AEI

Air France-KLM sign new cooperation agreement with Aeroflot

Aeroflot and Air France-KLM, signed a new cooperation agreement, which will enter into effect on 28 March 2010. This agreement will enable Aeroflot and Air France, SkyTeam alliance partners, to offer their customers code-shared flights beyond their respective hubs at Moscow-Sheremetyevo and Paris-Charles de Gaulle, therefore taking benefits of the provisions of the agreement concluded …

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Israel Aerospace Industries reports 2009 net profit of $61 million

Israel Aerospace Industries reported that sales reached $2.9 billion in 2009, compared to $3.6 billion in 2008. The decrease is a result of the worldwide economic crisis, which affected the company’s commercial aviation activity. Sales in the fourth quarter of 2009 reached $761 million, compared to $803 million in the same quarter of 2008. Net …

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RUAG wins order for state-of-the-art European aircraft radar

Thales has awarded RUAG Aviation an order worth 5.5 million Swiss francs to produce a subassembly for the RBE2 radar for France’s Rafale fighter jet. The radar is the most powerful currently used in European fighter jets. The first deliveries are planned for the second half of 2011 and will initially be integrated into the …

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Valair Aviation earns ISO 9001 certification

Valair Aviation, an AGC Aerospace & Defense Company, was awarded certification for the International Organization of Standards (ISO) 9001:2008. The ISO 9001 certification is awarded to those companies which meet global requirements set out to assure a systematic quality management system. By achieving ISO certification Valair Aviation has proven its maintenance, repair, and overhaul efficiencies …

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DVB Bank, Mitsubishi Corporation (UK) and ELF enter into new engine leasing venture

DVB Bank, Mitsubishi Corporation (UK) and Engine Lease Finance have formed a joint venture company, Deucalion MC Engine Leasing Limited, incorporated in Ireland, for the purpose of investing in commercial aircraft engines subject to leases with airlines worldwide. The joint venture company has completed its first portfolio acquisition, consisting of seven commercial aero engines which …

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