May 27, 2010

Boeing and Chinese energy officials announce sustainable biofuel initiatives

Boeing and PetroChina, together with representatives of the Chinese energy sector and the global aviation industry, announced the signing of an agreement to evaluate establishing a sustainable aviation biofuels industry in China. The strategic assessment is the first such effort in China and will take a comprehensive look at the environmental and socio-economic benefits of […]

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Rolls-Royce reports new success in two-shaft engine research programme

Aircraft & Engines / Leave a Comment

Rolls-Royce reported the successful running of the latest core engine build in its E3E (efficiency, environment, economy) two-shaft research programme. E3E is developing leading-edge technologies which increase engine temperature, pressure ratio and component efficiencies, together with a 25% plus increase in thrust to weight ratios. These technologies are designed to reduce fuel burn and CO2

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Goodrich selected to supply flight control components for Royal Saudi Air Force

Military & Defense / Leave a Comment

Goodrich Corporation has been selected by Al Raha Group for Technical Services to supply a variety of its GRID-LOCK flight control surfaces for retrofit on the Royal Saudi Air Force

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South African Airways orders five additional A320 aircraft

Aircraft & Engines / Leave a Comment

South African Airways has ordered five additional Airbus A320 aircraft, increasing an earlier commitment for the type from 15 to 20. The aircraft, to be delivered from 2013, will be powered by IAE engines. This order, combined with the airlines recent lease agreement for six new A330s from Air Castle, will deliver a modern, comfortable,

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AerCap approves appointment of three new Board Directors

People / Leave a Comment

AerCap Holdings N.V. announced that its Annual General Meeting of Shareholders (AGM) held on May 27, 2010, appointed Michael Gradon, Niall Greene, and Paul T. Dacier as new members of its Board of Directors. They have been appointed with immediate effect and for a period of four years. Mr. Gradon, Mr. Greene and Mr. Dacier

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AvStar Aviation Group announces amended LOI for acquisition of Twin Air Calypso

Financial / Leave a Comment

AvStar Aviation Group announces an amended Letter of Intent (LOI) for the purchase of Twin Town Leasing Co., d/b/a Twin Air Calypso in Fort Lauderdale, Florida. Twin Town Leasing Co. had signed an original LOI to sell to AvStar in January 2010; the amendment extends the agreement until June 15, 2010 allowing AAVG to complete

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Triumph Group announces proposed senior notes offering to finance acquisition of Vought

Financial / Leave a Comment

Triumph Group intends to offer $350 million in aggregate principal amount of senior notes due 2018. The offering is part of the financing for, and is conditioned upon, the substantially concurrent consummation of Triumph

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Official opening of REX

Other News / Leave a Comment

The Australian Airline Pilot Academy (AAPA), a wholly-owned subsidiary of Regional Express (Rex), officialy opened its brand new Wagga Wagga based campus. After commencing operations in Mangalore, Victoria, Rex announced in April 2009 its intention to construct a pilot training academy at Wagga Wagga airport in New South Wales to take advantage of the excellent

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Boeing receives 1st F-16 for conversion into QF-16 Aerial Drone