March 26, 2012

Saab receives order from FMV regarding Gripen System

Defence and security company Saab has received an order amounting to 128m Kronor, approximately €14m, from FMV (the Swedish Defence Materiel Administration) for system maintenance regarding Gripen. In accordance with the order from FMV, Saab will undertake continual maintenance and updates for the Gripen C/D in compliance with the Swedish Armed Forces’ long-term planning for […]

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ILFC announces proposed $550m senior secured term loan

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ILFC announced that it intends to raise a new senior secured term loan of $550 million. ILFC plans to use proceeds of the new term loan to refinance the Company’s outstanding $550 million senior secured term loan with essentially the same maturity. The new senior secured term loan would be secured primarily by a first

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Israir Airlines and WheelTug sign Letter of Intent

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Israir Airlines and WheelTug announced their execution of a Letter of Intent to enter an agreement under which Israir will deploy WheelTug Aircraft Drive Systems for its Airbus A320 fleet, subject to financial and operational feasibility checks and regulatory approvals. The deal makes Israir WheelTug’s first launch customer for A320, and reserves 10 WheelTug System

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Lufthansa Technik orders CTT Cair System for one BBJ747-8

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Lufthansa Technik has ordered CTT Cair System to be installed, starting from Oct 2012, in one BBJ747-8 aircraft. Cair is focused on the passengers’ health and comfort by providing humidification of the extremely dry aircraft cabins without causing condensation. Cair gives a pleasant relative humidity of around 20%, compared to 3-5% without, thereby reducing dry

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NAT and British Airways continue with first class upgrade

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Northwest Aerospace Technologies (NAT) is continuing to assist British Airways (BA) with its first class cabin retrofit program on its Boeing 777-200 and Boeing 747-400 aircraft. The modification includes the integration of new first class suites, in-flight entertainment (IFE) system upgrades, a new cabin lighting system and new electronic window blinds. NAT has worked closely

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Nayak Aircraft Services to provide line maintenance support for Condor

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Starting this summer, Nayak Aircraft Services will be responsible for the technical assistance of German airline Condor at their home base operation in Cologne, CGN. Engineers from both Nayak Netherlands B.V. and Nayak Germany will provide line maintenance support for the Boeing 757 aircraft.

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GA Telesis names Paul Lochab, Senior Vice President of Global Sales

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GA Telesis released that Paul Lochab will lead global sales initiatives as its new Senior Vice President of Global Sales. Paul will have oversight of management of approximately 100 Team Members globally, including all international sales and distribution operations. Furthermore GA Telesis appointed Gordon Humphreys as its Vice President of Business Development and Programs. Mr.

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BizJet International licensed as Boeing Business Jet Completion Center

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Boeing and BizJet International, Lufthansa Technik’s US subsidiary, have recently signed a Supplemental License Agreement, giving BizJet the status of a Boeing Approved Completion Center and becoming an official member of Boeing’s Business Jet (BBJ) completion network. In the past BizJet invested about six million USD in the expansion of its infrastructure including the extension

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LDC completes significant investment into Airline Services Ltd.