30 March 2012

Lufthansa Technik AERO Alzey and Villa Air sign MRO agreement

Maldivian operator Villa Air (FlyMe) and Lufthansa Technik AERO Alzey (LTAA) signed an agreement to provide MRO support for Villa Air’s fleet of  PW127F engines. Villa Air as part of the Villa Group started their operation in October 2011 with two ATR 42-500 aircraft powered by the PW127F engines. Under the contract LTAA will provide …

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Bristol Associates arrange sale of second UAL owned 1997 vintage B747-422

Bristol Associates, as remarketing agent for United Airlines, has arranged the sale of a second UAL owned 1997 vintage B747-422 (N198UA/Msn 28716) to Scaled Composites, (California). The aircraft, along with a previously purchased UA sister ship, will become part of a project to build the world’s largest aircraft to serve as a mobile platform for …

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PART and Boeing announce agreement on GoldCare programm

Pacific Aerospace Resources & Technologies (“PART”) announced its agreement with Boeing in terms of its GoldCare program to perform MRO Maintenance Services and Aircraft Transition Services, which includes all scheduled and unscheduled maintenance activities at PART’s facilities in Victorville, California, USA. Boeing defines all of these services either independently or with its customers. This is …

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BOC Aviation's net profit exceeds US$200m for the first time

BOC Aviation’s net profit after tax for the financial year ended 31 December 2011 hit US$201m, 20% higher than the US$168m achieved the previous year.  Total assets as at 31 December 2011 were US$7.6bn, up by 14% compared to the prior year while shareholders’ equity rose 15% to US$1.5bn. During the year, the Company focused …

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AWAS delivers two Airbus A320 aircraft to IndiGo Airlines

Aircraft lessor AWAS has delivered two new A320-200 passenger aircraft to IndiGo, India’s largest low cost airline. In late 2011 AWAS and IndiGo entered into a purchase and leaseback agreement for four Airbus A320 passenger aircraft that the airline had previously ordered from the manufacturer. The remaining aircraft will be delivered later in the first …

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Aero-Dienst named GE authorized service center for CF34-3 engines

Nuremburg, Germany-based Aero-Dienst, has been named an authorized service center for GE’s CF34-3 engine, which powers the Bombardier Challenger 600 series. As an authorized service center, Aero-Dienst can perform line maintenance and engine maintenance as well as provide warranty support and facilitate access to both GE parts and technical support. Aero-Dienst has been one of …

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Precision Aviation Group of Companies goes live with Pentagon 2000SQL system

Precision Aviation Group of companies goes live with the Pentagon 2000SQL system across multiple company business units. The advanced multi-company features of the Pentagon 2000SQLTM system allow each company unit within the group to manage its unique set of procedures for repair stations, parts distribution and financial operations while providing the consolidations and eliminations necessary …

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