FLY Leasing Limited has acquired two Boeing 737-800 aircraft, one on lease to Air China and one on lease to Korean Air. The purchase price for both aircraft totaled approximately $62m, which was financed from FLY’s unrestricted cash and new bank debt. FLY also announced that it has sold two aircraft from its portfolio for a […]
FLY Leasing acquires two B737-800s and sells two aircraft Read More »
SR Technics, part of the Mubadala Aerospace Maintenance, Repair and Overhaul (MRO) network, has signed exclusive Repair Cycle Management (RCM) and engine maintenance contracts with Philippine Airlines (PAL), the flag carrier of the Philippines. The RCM agreement is for PAL’s entire Airbus fleet, totaling 33 wide and narrow body aircraft, and covering in total 2,000
SR Technics signs exclusive agreements with Philippine Airlines Read More »
Embraer’s large Legacy 650 executive jet has been type certified by the Civil Aviation Administration of China (CAAC) with the revised Validation Type Certificate Data Sheet. This paves the way for customers to register and operate the Legacy 650 in China. The jet has been certified by other major aviation regulatory authorities, including Brazil’s National
Embraer’s Legacy 650 certified by CAAC Read More »
Reinforcing BAE Systems’ strong relationship with the Indian Air Force (IAF) and aircraft manufacturer Hindustan Aeronautics Limited (HAL), the company has recently secured a £59m contract for the provision of spares and ground support equipment to aid the Hawk training aircraft operations. This brings the total value of Hawk related contracts won in India to
£59m Indian Hawk spares contract for BAE Systems Read More »
At the Dubai Air Show 2011, global aviation spare parts platform Locatory.com signed a cooperation agreement with the Russian State Research Institute of Civil Aviation (GosNIIGA). According to the agreement, both parties will work closely together in their attempt to ensure the authenticity of aviation parts within the Russian market. A successful implementation of the agreement terms
Locatory.com signs a cooperation agreement with Russian Civil Aviation Institute Read More »
The Chief Executive Board of Star Alliance has appointed Mark Schwab to head the Star Alliance central organisation, based in Frankfurt, Germany as its new Chief Executive. Schwab comes from Star Alliance member United where he was responsible for the company’s alliances as Senior Vice President Alliances. He succeeds Jaan Albrecht, who was appointed as CEO
Mark Schwab appointed new Star Alliance CEO Read More »
Local defence manufacturer, Australian Aerospace, delivered the 15th MRH90(Multi-Role Helicopter), tail number 014, to the Australian Defence Force (ADF) – the second such handover in two weeks. Australian Aerospace’s production facility on Brisbane Airport is assembling and delivering 46 MRH90s to replace Army and Navy Black Hawk and Sea King helicopters.
Australian Aerospace delivers 15th MRH90 Helicopter Read More »
Delta Air Lines and US Airways announced the closing of their agreement to transfer takeoff and landing rights at New York ‘s LaGuardia and Washington D.C .’s Reagan National airports. The agreement was approved on Oct. 10 , 2011, by the U.S. Department of Transportation, which concluded that the transaction is in the public interest because of
Delta, US Airways close deal to transfer takeoff and landing rights Read More »
