7 October 2011

Garuda Indonesia, CFM sign MOU for comprehensive support of CFM56-7B engines

Garuda Indonesia signed a Memorandum of Understanding with CFM International for the long-term support of the CFM56-7B engines powering the airline’s fleet of 63 Boeing 737-800 aircraft. Under the terms of the potential 15-year Rate Per Flight Hour (RPFH) contract, CFM would provide comprehensive engine maintenance service and guarantee maintenance costs on a dollar per engine […]

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New Iberia subsidiary "Iberia Express" to be launched in 2012

IAG’s board has approved the launch of Iberia’s new subsidiary airline Iberia Express which will operate part of Iberia’s short and medium haul network. The subsidiary is being established to compete effectively in the Spanish domestic and European market. Over time it will look to develop new markets and destinations and strengthen the Madrid hub,

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Sukhoi and Aviotech sign LOI for 10 Sukhoi Business Jets and 10 options

Indian company Aviotech, a corporate and defense aerospace specialist, is to become launch customer for JSC’s (Sukhoi Civil Aircraft) business version of the Sukhoi Superjet 100. The relevant letter of intent for 10 SBJs in VIP configuration and 10 options was signed at the International Aviation and Space Salon MAKS-2011. The companies plan to start negotiations on the technical layout of the aircraft to be delivered in the nearest future.

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Bombardier continues to enhance eServices to support customers

Bombardier Commercial Aircraft reported the release of Aircraft Diagnostics Solutions (ADS) Plus for Dash 8/Q-Series 100/200/300 aircraft, building on the success of this troubleshooting eService for CRJ Series regional jets and Q400 turboprop aircraft. Additionally, to complement the Q400 aircraft drawings online subscription service, eServices will provide a full complement of engineering drawings for CRJ Series

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Tom Roche to lead StandardAero’s Turboprop business

Tom Roche has been appointed Vice President of StandardAero’s Turboprop business which, in addition to the Pratt & Whitney Canada, PT6A engine service line, includes the PW100 series of engines. Prior to this announcement, Roche was Vice President of StandardAero’s Helicopters business unit. Furthermore StandardAero Business Aviation announced that Marc McGowan has been named Vice President,

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Arik Air orders two Boeing 747-8 Intercontinentals

Boeing and Nigeria’s Arik Air announced a deal for two 747-8 Intercontinental airplanes. The order is valued at $635 million at list prices and was previously attributed to an unidentified customer on Boeing’s website. The order was announced during a signing ceremony at the Corporate Council for Africa’s 8th Biennial U.S.-Africa Business Summit in Washington, D.C.

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Finnair updates earnings forecast for the second half of 2011

Finnair estimates it will not reach profitability in the second half of 2011. According to preliminary results the third quarter is profitable, but the current estimates indicate that the company’s fourth quarter results will be weaker than expected, and therefore the second half of 2011 is expected to be slightly negative. However, the company expects

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