The United States Transportation Command (USTRANSCOM) has exercised two renewal options for AAR to provide airlift support in Afghanistan through October of 2012. The first option has a value of $99m and is part of a task order awarded to AAR in October, 2010. The second option has a value of $51m and is part of a task order awarded to AAR in August, 2011. The Company’s AAR Airlift operating unit provides rotary-wing aircraft and related personnel, equipment and maintenance to transport personnel, cargo and mail in support of U.S. and NATO operations in Afghanistan. AAR Airlift will support the requirement using three Bell 214ST, seven Sikorsky S-61 and two Sikorsky S-92 helicopters, which were acquired to fulfill the initial contract award.
Australian sustainable aviation fuel industry receives massive boost with major investment
The Australian sustainable aviation fuel (SAF) industry has received a massive boost with a major joint investment. A Queensland biofuel refinery being jointly developed by Jet Zero Australia and LanzaJet is to receive investment from Qantas Group, Airbus, and the Queensland Government. The refinery is looking to produce SAF from agricultural by-products, including sugar cane.