23 August 2011

TransDigm Group authorizes new share repurchase program

TransDigm Group Incorporated reported that its Board of Directors has authorized the repurchase of up to $100 million of the Company’s common stock. The new program replaces the repurchase program announced on October 23, 2008, under which the Company previously repurchased $15 million of common stock. W. Nicholas Howley, Chairman and CEO of TransDigm Group […]

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Boeing delivers test bed performance improvement 737

Boeing delivered to United the Next-Generation 737-800 that was used as the flying test bed for the performance improvement package. The airplane played a key role in testing and certifying the performance improvement package now available on Next-Generation 737s. Boeing began performance improvement testing in November 2010 with the goal of reducing fuel consumption by

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ATSG unit delivers second dry-leased 767 Freighter to RIO

Air Transport Services Group released that Cargo Aircraft Management, (CAM), its aircraft leasing subsidiary, has delivered a second Boeing 767 wide body freighter to RIO Linhas Aéreas, S.A., of Brazil. RIO will dry-lease the Boeing 767-281 special freighter from CAM for 59 months and have access to engine maintenance services through CAM’s contract with Delta

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Monarch Aircraft Engineering signs agreement with Percival Aviation

Monarch Aircraft Engineering (MAEL), has signed an agreement to provide Percival Aviation with EASA Part 21J Design support. Percival Aviation, a Part 21G, Part 21J and Part 145 approved organisation, are leaders in the design and manufacture of aircraft interior products to the commercial and military markets. The agreement will see Monarch Design Services’ highly experienced team

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PPG Aerospace names Cancilla coatings director, Wright transparencies director

PPG Industries’ aerospace business has named Mark Cancilla global platform director for coatings and Brent Wright global platform director for transparencies, succeeding Cancilla. PPG Aerospace is the aerospace products and services business of PPG Industries. PPG Aerospace – PRC-DeSoto is a leading global producer and distributor of aerospace coatings, sealants, and packaging and application systems. PPG Aerospace –

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ALC reports further acquisitions and lease placements for Boeing 737 Aircraft

 Air Lease Corporation (ALC) announced continuing lease placements and acquisitions of 12 additional Boeing Next-Generation 737 aircraft. ALC and XL Airways Germany signed a long term lease for ALC’s Boeing 737-800 (MSN 32920), currently on lease to Air Berlin, for delivery in March 2012. In addition, ALC has acquired the following 11 aircraft:  Two Boeing 737-800s (MSNs

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