14 July 2011

Hamilton Sundstrand authorizes Mubadala Aerospace for Boeing 787 MRO

Hamilton Sundstrand Corporation and Mubadala Aerospace have finalized a wide-ranging strategic agreement under which Mubadala Aerospace will be a key part of the support network for servicing Hamilton Sundstrand products and systems on the Boeing 787. The deal, a first for Hamilton Sundstrand, includes a licensing agreement for Mubadala Aerospace to provide maintenance, repair and

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Cirrus Aircraft names new Executive Vice President, Sales and Marketing

Todd Simmons has been promoted to Executive Vice President, Sales and Marketing at Cirrus Aircraft. In his new role, Simmons is responsible for managing the Cirrus Aircraft brand globally and for all sales and marketing activities for the world’s best-selling line of high-performance personal, small business and training aircraft.

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Atlantic Southeast & ExpressJet introduce new name for merged airline

Atlantic Southeast Airlines, a wholly owned subsidiary of SkyWest, released that “SureJet” will be its company name upon completion of its merger with ExpressJet Airlines. The airline acquired ExpressJet in November 2010 and is in the process of merging the two companies and operations, with the intent of achieving a single operating certificate from the FAA

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Chromalloy to add gas turbine engine service capabilities at Newnan, Ga., operation

Chromalloy released that it will expand its Newnan, Ga., operation and work force, adding gas turbine engine service capabilities and up to 125 jobs at the site. “Chromalloy is pleased to offer engine operators additional advanced repairs and services at our greater Atlanta area facility,” said Armand F. Lauzon, Jr., President. “We have worked closely with

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AerCap Holdings N.V. announces second quarter 2011 transactions

 AerCap Holdings N.V. reported the completion of the following transactions during the second quarter 2011: AerCap signed new lease agreements for 16 aircraft, delivered seven aircraft and eleven engines under lease agreements, purchased two aircraft and eight engines, sold two aircraft and five engines, signed contracts for the sale of another four aircraft from their owned portfolio

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Refurbished Boeing 737 paint hangar opens to meet rate increase

Boeing has opened a new paint hangar near its Renton, Wash., facility that will help increase its Next-Generation 737 production capacity. The 737 program currently produces 31.5 airplanes per month and expects to go to 35 per month in early 2012, 38 per month in second quarter 2013 and then to 42 per month in

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Doric Nimrod Air Two lists with market capitalisation of £145 million

Nimrod Capital and Doric Asset Finance announce the successful listing of an investment company on the London Stock Exchange (“LSE”). Doric Nimrod Air Two Limited (“DNA2”) aims to pay a quarterly dividend equivalent to 9% per annum (based on the issue price of 200 pence per share) following the leasing of three Airbus A380 planes

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