20 February 2012

AerCap announces $40m share capital increase for its Chinese joint venture, Dragon Aviation Leasing

AerCap Holdings N.V. released that the shareholders of Dragon Aviation Leasing, its Chinese aircraft operating lease joint venture, have agreed to increase the issued share capital of the venture by up to $40m. The future share issues will be made in portions aligned to individual aircraft acquisitions. The venture comprises Dragon Aviation Leasing Company Limited, based […]

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Pakistan International Airlines finalizes order for five 777-300ERs

Boeing and Pakistan International Airlines announced a firm order for five 777-300ER (extended range) airplanes. Valued at nearly $1.5bn at list prices, the order also includes purchase rights for five additional 777-300ERs. Based in Karachi, Pakistan International Airlines has been renewing its long-haul fleet to accommodate increased demand for air travel as well as to introduce

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Embraer delivers 300th Phenom Jet

Embraer recently delivered the 300th Phenom jet, capping off the latest series of milestones which includes the assembly and first flight of the initial aircraft from the Company’s year-old Melbourne facility in Florida, USA. Embraer recently shifted global operations for its business jets from Brazil to Melbourne, where it is creating 200 engineering and technical

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P&W Global Service Partners sign maintenance agreements with Japan Airlines

Japan Airlines has selected Pratt & Whitney for a Fleet Management Program agreement and a part repair agreement to provide maintenance for the airline’s Pratt & Whitney-powered aircraft engines and engine parts. Under the Fleet Management agreement, Pratt & Whitney Global Service Partners’ Singapore-based Eagle Services Asia engine overhaul facility, will provide maintenance services for

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THAI signs flight hour services contract for A380 fleet

Thai Airways has signed a ‘Flight Hour Services -Tailored Support Package’ contract with Airbus to provide aircraft inventory and maintenance support for its A380 fleet. The contract, which will run for 15 years, provides an extensive scope of A380 line replaceable units and spare parts availability, component repairs, logistics services, and tools availability, as well

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Alaska Air Group elects Mark Eliasen VP -Finance and Treasurer

 The Alaska Air Group board of directors has elected Mark Eliasen as vice president – finance and treasurer. Eliasen will be responsible for Air Group financing, fuel hedging, fleet management and treasury activities. Currently vice president of finance at Alaska Air Group subsidiary Horizon Air, Eliasen brings more than 25 years of corporate and consulting experience to

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Asiana Airlines sends CF6-80 engines to MTU Hannover for overhaul

South Korean carrier Asiana Airlines has selected MTU Maintenance Hannover to provide maintenance, repair and overhaul (MRO) services for its CF6-80C2 engines. The five-year maintenance agreement covers the CF6-80C2 engines powering Asiana’s Boeing 767 and 747 fleets. Asiana currently operates a mixed fleet of 72 Boeing and Airbus aircraft.

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Rolls-Royce Trent XWB completes first test flight

The A350 XWB’s new engine – the Rolls-Royce Trent XWB – has successfully made its maiden flight aboard Airbus’ dedicated A380 “Flying-Test-Bed” aircraft. The aircraft took off from Airbus facilities in Toulouse and performed a flight of more than five hours during which the engine covered a wide range of power settings at altitudes up

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