21 July 2011

GECAS takes delivery of 400th Boeing airplane

Boeing reached a major milestone with GECAS by delivering the leasing company’s 400th airplane, a Next-Generation 737-800. GECAS leasing customer Xiamen Airlines will operate the milestone airplane.  To date, GECAS has ordered 485 airplanes from Boeing. GECAS placed their first order with Boeing on Aug. 30, 1995 for two 767-300ER (Extended Range) airplanes. Since that first order, …

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Alaska Air Group reports second quarter net income of $28.8 million

Alaska Air Group reported second quarter 2011 net income of $28.8 million, compared to net income of $58.6 million in the second quarter of 2010. Excluding mark-to-market fuel hedge losses of $70.9 million ($44.1 million after tax) and fleet transition costs of $26.8 million ($16.7 million after tax), the company reported record second quarter 2011 …

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ANA and AirAsia to form 'AirAsia Japan'

ANA Group, Japan’s largest airline and  low cost carrier AirAsia, are teaming up to form AirAsia Japan, a new low-cost airline. AirAsia Japan will be the first low-cost carrier to be based at Narita International Airport. Operating under the AirAsia brand, it will serve both domestic and international destinations when commencing operations in August 2012, subject to …

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Pratt & Whitney Global Service Partners purchases remaining Japan Turbine Technologies shares

Pratt & Whitney Global Service Partners has purchased Japan Airlines’ stake in Japan Turbine Technologies, a commercial gas turbine engine part repair facility. Japan Turbine Technologies has been a joint venture between Pratt & Whitney and Japan Airlines since 2000, with Pratt & Whitney being the majority partner since that time. With the acquisition of Japan …

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Spirit AeroSystems announces leadership changes

Spirit AeroSystems announced a series of organizational changes to better align leadership with the needs of the business. Current COO Buck Buchanan will transition to Sr. VP, Advanced Projects, focusing on a number of strategic initiatives. Mike King will assume the role of Sr. VP/Chief Operations Officer, including overseeing Spirit Europe and North Carolina. John Pilla, Sr. …

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SimCom Training Centers reports various upgrades to simulator fleet

SimCom Training Centers, headquartered in Orlando, Florida, has announced recent enhancements to its fleet of simulators representing turboprop and piston-powered aircraft. Improvements to the visual systems in these devices give pilots a more realistic view of the outside world, providing them a more effective training experience than ever before. And new WAAS capable GPS installations …

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Skyworld Aviation closes another Airbus A320 deal

Skyworld Aviation reported that, acting on behalf of Airfinancial Management Ltd of Cyprus, it has arranged the acquisition of another Airbus A320 aircraft. A320-200 serial number 361 was purchased by Airfinancial from Aercap Ireland for onward lease to Khors Aircompany of the Ukraine. The aircraft was built in 1992 and is powered by V2500-A1 engines. …

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