GE Aviation of the United States and Aviation Industry Corporation of China (AVIC) announced the signing of the agreement to form their new joint venture company. Chinese Commerce Minister Chen Deming and the U.S. Commerce Secretary Gary Locke witnessed the public signing by David Joyce, president and CEO of GE Aviation and Zhang Xinguo, vice …
GE and AVIC sign agreement for integrated avionics joint venture Read More »
International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, reported that it entered into 56 leases in the fourth quarter of 2010. ILFC secured a total of 259 lease commitments over the course of the entire year. Highlights from the 2010
Desser Tire & Rubber Co.’s affiliate, Aero WBS announced its qualification for retreading Canadair 200, 700, 900 series and Embraer 135 and 145 series aircraft tires, as well as forming an investigative committee for opening a FAA/EASA approved factory outside of the United States. Desser/Aero WBS is one of only two privately held high speed …
Desser Tire & Rubber reports several tire qualifications for regional aircraft Read More »
Since its formation less than a year ago Jackson Square Aviation (“JSA”), has built a portfolio of 48 aircraft, with a value of $2.2 billion. The company’s fleet consists of 48 narrowbody and widebodyaircraft which deliver through 2012, including 24 A320s, 21 B737-800s, 2 A330-300s and 1 B777-300ER. The average age of the fleet is …
The U.S. Bankruptcy Court for the Southern District of New York approved Mesa Air Group
The International Association of Machinists and Aerospace Workers (IAM) District 142 announced that negotiations began on January 20th in Phoenix, AZ on new contract terms for more than 3,300 Mechanic & Related and Maintenance Training Specialist employees at US Airways. This will be the first traditional negotiations between the IAM and US Airways to take …
IAM Mechanics open contract negotiations with US Airways Read More »
GA Telesis has announced the appointment of Alvin Khoo as Sr. Vice President and Chief Investment Officer. Reporting to the CEO, Alvin will oversee financial planning and analysis for all global operations as well as corporate development, mergers and acquisitions, acquisition integration, managing and developing additional banking, and capital markets relationships and other strategic projects. …
GA Telesis appoints Alvin Khoo as Senior Vice President & Chief Investment Officer Read More »
