18 October 2011

FLY Leasing closes acquisition of 49 aircraft

FLY Leasing completed the acquisition of a $1.4 billion portfolio of 49 aircraft. These 49 aircraft increase FLY’s fleet to a total of 109 aircraft on lease to 53 airlines in 29 countries. The purchase price was fully funded from FLY’s existing unrestricted cash and the assumption of existing non-recourse debt. The portfolio consists of 23 Airbus […]

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CIRCOR Aerospace to supply actuation packages for Messier-Bugatti-Dowty

The CIRCOR Aerospace Products Group has been selected by Messier-Bugatti-Dowty (Safran Group) to manufacture a complete suite of 20 actuators for multiple business and regional aircraft platforms. CIRCOR Aerospace will perform the manufacturing, final assembly and testing of these actuators at its Corona, California facilities.  CIRCOR Aerospace was previously awarded several design and development and legacy

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A350 XWB’s Trent engine rolls-out for initial flight tests

Airbus has completed installation of the first Rolls-Royce Trent XWB flight-test engine on the A380 “flying-testbed” aircraft (MSN 001). The aircraft and engine will now be prepared for the flight-test campaign commencing in the coming weeks. The Trent XWB engine, which is the largest Rolls-Royce turbofan with a 118-inch diameter fan, has been specially designed to

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Ramco Systems wins order from T’way Airlines, South Korea

Ramco Systems, the Global Aviation Maintenance & Engineering (M&E) and Maintenance, Repair & Overhaul (MRO) software provider, announced its agreement with T’way Airlines for Ramco’s Series 5 Aviation M&E software. Under the agreement, Ramco will deliver the complete web based Series 5 M&E system, including Maintenance Programs, Supply Chain Management, Maintenance Execution for Line, Shop and Heavy

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Pierre-Henri Gourgeon resigns as CEO of Air France and Air France-KLM

Pierre-Henri Gourgeon has resigned from his duties as Chief Executive Officer of Air France and Air France-KLM.  Alexandre de Juniac has been appointed as his successor. The appointment will be subject to the approval of the Board of Directors of Air France and will become effective after the opinion of the ethics committee.

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Air Lease Corporation reports additional acquisitions and lease placements

Air Lease Corporation reported continuing lease placements and acquisitions of 12 additional aircraft.  ALC has concluded the following lease placements from its order book: – one new Airbus A330-300 leased to Asiana Airlines (Korea). – two new Boeing 737-800s (MSNs 41299 and 41300) leased to Korean Airlines – two new Embraer 190 LRs leased to Aeromexico.

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TAP M&E Brazil certified to perform maintenance on FAB's F-5 fighters

TAP Maintenance and Engineering Brazil (TAP M&E Brazil) was certified by the Diretoria de Material Aeronáutico e Bélico – DIRMAB, the head of the Brazilian Air Force Logistics System, to perform periodical inspections on the Brazilian Air Force (FAB) F-5E/FM aircraft. The FAB is using this aircraft since 1974, and due to its quality and

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