China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing Co., (ICBC Leasing) have signed agreements with Airbus for a total of 88 A320 Family aircraft. In the frame of this General Terms Agreement (GTA), ICBC Leasing by itself signed a purchase agreement with Airbus for 42 A320 Family aircraft. This is the first order that ICBC Leasing […]
China’s CAS and ICBC Leasing buy 88 Airbus A320 Family aircraft Read More »
Boeing commemorated the opening of a new 787 vertical fin assembly line at its production facility in Salt Lake City, Utah. Operated by Boeing Fabrication, the site will build the vertical fin assemblies for 787 Dreamliners built at Boeing South Carolina. Production on the new assembly line is slated to begin in July. The new assembly
Boeing opens new 787 vertical fin assembly line in Salt Lake City Read More »
Perella Weinberg Partners announced that certain funds within Perella Weinberg Partners’ Asset Based Value strategy have formed Infinity Aviation Capital LLC, a joint venture with aviation industry veterans Richard Baudouin, Co-Founder of Aviation Capital Group, and Khawer Ali and Jerrold Rosen, Principals of KJ Aviation Services Inc. The joint venture will invest in aviation assets, including
Newly founded Infinity Aviation Capital acquires three pre-owned 737s Read More »
Rolls-Royce and Boeing launched a shared data service, the first of its kind in the aerospace industry. It will allow both companies to offer faster, better-informed advice to airlines, in order to maximise aircraft availability. For the first time, data from an aircraft and the engines that power it will be combined on a single system
Rolls-Royce and Boeing launch shared data service Read More »
Embraer Defense and Security has selected Messier-Bugatti-Dowty to supply the wheels, brakes, landing gear extension and retraction system, and nose wheel steering manifold for the KC-390 military transport aircraft. “The choice of Messier-Bugatti-Dowty will provide the necessary toughness to meet the demanding requirements of the KC-390 applications,” said Eduardo Bonini Santos Pinto, Sr. Vice President Operations and
Pratt & Whitney has signed an exclusive maintenance services agreement with Jetstar Pacific Airlines to provide engine overhaul services on the airline’s fleet of CFM56-3 engines. Under the exclusive two-year agreement, Pratt & Whitney Global Service Partners will provide engine overhaul services for five Jetstar Pacific Airlines CFM56-3 engines, which will help the airline reduce
Pratt & Whitney signs exclusive maintenance agreement with Jetstar Pacific Airlines Read More »
Cirrus Aircraft and China Aviation Industry General Aircraft Co., (CAIGA) released that the two companies have completed their merger. With the previously announced merger now finalized, Cirrus Aircraft, a global leader in general aviation, joins China’s leading general aviation product and services company to form a worldwide general aviation enterprise.
Cirrus Aircraft and CAIGA complete merger Read More »
Georgian Leasing Company, Republic of Georgia, has taken delivery of a Gulfstream G450 msn 4106, manufactured 2008, from Falcon Aviation Services, UAE in a deal arranged by AMS Aircraft Limited (“AMS”), UK. AMS was mandated as exclusive marketing and technical advisor to the buyer.
AMS Aircraft acquires Gulfstream G450 on behalf of Georgian Leasing Company Read More »
Toronto-Hamilton International Airport, Ontario, has bucked the downward trend for cargo handling with recently released figures from 2010 indicating cargo flights increased by 14% compared with 2009, which is 3% higher than the North American growth of 11%. Ad – hoc cargo flights increased by 33.8% year on year. The airport is currently the largest
Toronto-Hamilton bucks cargo trends Read More »
Aerolineas StarPeru is adding a BAe 146QT (Quiet Trader) freighter to its fleet of nine passenger BAe 146s and plans to introduce regional freighter operations in Peru. The aircraft has been purchased from UK airline Titan Airways under a deal that was arranged by BAE Systems Asset Management through its remarketing agreement with the UK airline.
Aerolineas StarPeru expands into regional freight operations with BAe 146 QT Read More »
