15 November 2011

Goodrich signs two key support agreements with Emirates

Goodrich Corporation has signed two significant support agreements with Emirates. The first is a General Terms Agreement (GTA) which provides the framework for all future maintenance, repair and overhaul (MRO) agreements between Emirates and Goodrich. The second represents the first application of this GTA. Under the 10-year Specific Business Agreement, Goodrich will deliver comprehensive overhaul and …

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Aviation Capital Group signs firm order for 30 A320neo

Aviation Capital Group (ACG), the United States based global aircraft leasing company, signed a purchase agreement with Airbus for 30 eco-efficient A320neo Family aircraft at the 2011 Dubai Airshow. This latest order from ACG for 30 A320neo’s brings the lessor’s total A320 Family order book to 98 aircraft. Engine selection on ACG’s A320neo fleet will be …

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Turkey's Atlasjet signs for up to 15 Bombardier CS300 airliners

Atlasjet Havacilik A.S. of Istanbul, Turkey has signed a letter of intent (LOI) to acquire 10 CS300 jetliners and take options on a further five CS300 aircraft. Based on the list price of the CS300 airliner, a firm-order contract would be valued at $776m, and could increase to $1.18bn if the five options were converted …

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Boeing names Stephanie Pope next Investor Relations leader

Boeing has named Stephanie Pope vice president, Investor Relations, effective Feb. 1st, 2012. Pope will take over from Scott Fitterer, who will assume the role of vice president, Financial Planning & Analysis. Both will report to Greg Smith, who was recently announced as Boeing’s next chief financial officer, effective Feb. 1st.

Spirit Airlines signs commitment for 75 Airbus A320 Family jets

Spirit Airlines and Airbus signed a Memorandum of Understanding (MoU) at the Dubai Airshow for 75 single-aisle aircraft, comprising 45 A320neo aircraft (new engine option) and 30 A320s. The engine selection will be announced later.  “We are excited to expand our partnership with Airbus and grow our fleet into the next decade,” said Ben Baldanza, President …

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Qatar Airways selects 50 Airbus A320neo and 5 additional A380s

The State of Qatar’s national airline, Qatar Airways, has selected the A320neo as the reference aircraft for expanding its short to medium haul fleet and has increased its order for the A380. The agreement signed at the 2011 Dubai Airshow, is a firm contract for 50 A320neo aircraft and five additional A380s. Qatar Airways has …

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flydubai signs $20m maintenance support contract with Honeywell

flydubai, Dubai ‘s pioneering low cost airline, has signed a maintenance cost agreement with Honeywell, worth more than $20m, to provide maintenance support for the carrier’s auxiliary power units (APUs) installed on its growing fleet of Boeing 737-800NG passenger aircraft. The ten-year contract provides flydubai with a stable, predictable maintenance structure that reduces costs associated with …

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ALC announces proposed offering of $300m of convertible senior notes

Air Lease Corporation intends to offer $300m aggregate principal amount of convertible senior notes due 2018 in an offering exempt from registration under the Securities Act of 1933, as amended the “Securities Act”). In connection with this offering, the Company expects to grant the initial purchasers of the Notes an option to purchase up to …

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Lufthansa signs various coorporation agreements at Dubai Airshow

Lufthansa Technik and NAS-Holding of Saudi Arabia are expanding their cooperation. Lufthansa Technik already provides component and engine services for NAS fleet and support for the new technical subsidiary NAS-Tech. Now the two partners will join forces in offering technical services for customers in Saudi Arabia. Customers in Saudi Arabia will be addressed and served …

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