10 June 2010

Goodrich Corporation acquires Crompton Technology Group

Goodrich Corporation has acquired UK-based Crompton Technology Group, (CTG), a leading designer and manufacturer of advanced carbon fiber composite products for the aerospace, defense, advanced vehicle and clean energy markets. The transaction closed yesterday; terms of the acquisition were not disclosed. CTG a privately-held company, employs approximately 150 people at its Banbury, UK facility. CTG’s …

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Finnair first to commit to A321s with Sharklets

Finnair has signed a Letter of Intent (LOI) for five Airbus A321s equipped with the new fuel-saving Sharklet wing tip devices, becoming the first airline to commit to the A321 with Sharklets. The increased eco-efficiency of the A321 with Sharklets will offer Finnair a 4% fuel saving on specific Finnair routes compared to today

Germania chooses Airbus A319 to start complete fleet rollover

S.A.T., the holding company of Berlin based airline Germania, has signed a Memorandum of Understanding for five Airbus A319s. Germania will thus become a new Airbus operator and plans to start a complete fleet rollover to eco-efficient Airbus A319s. Deliveries of the aircraft will commence from April 2011 onwards. Germania will fly the A319s to …

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Air Canada receives commitment from GE Japan Corporation for aircraft loan facility

Air Canada has received a commitment from GE Japan Corporation for a senior secured term loan facility in the amount of up to US$170.5 million (the “Facility”) to finance a portion of the purchase price for sixteen aircraft currently leased and operated by Air Canada. Completion of the financing is subject to certain customary terms …

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XOJET to install Aircell high speed internet on entire fleet

XOJET released that its fleet of Bombardier Challenger 300 and Cessna Citation X jets will feature high speed Internet. In partnership with Aircell, a leading provider of airborne communications, XOJET is currently installing Aircell High Speed Internet on all aircraft in the fleet. With more than 70% of the fleet installed by the end of …

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Martinair joins Pratt & Whitney line maintenance service network

Martinair signed a three-year agreement to continue the EcoPower engine wash service with Pratt & Whitney. The agreement also makes Martinair a member of Pratt & Whitney’s line maintenance supplier network, enhancing Pratt & Whitney’s line maintenance capabilities at Amsterdam’s Schiphol Airport. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX – News) company. As …

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