25 June 2012

Embraer and AVIC to build Executive Jets in China

Embraer S.A. and Aviation Industry Corporation of China (AVIC) signed an agreement to build Embraer’s Legacy 600/650 executive jets in China, using the infrastructure, financial resources and workforce of their joint venture Harbin Embraer Aircraft Industry Co., Ltd. (HEAI), which started operations in 2002. The agreement is based on the understanding of both parties about […]

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China's ICBC Leasing and HEAI sign aircraft order for 10 Legacy 650s

ICBC Financial Leasing Co. (ICBC Leasing), signed a deal for 10 Legacy 650 large executive jets, including five firm orders and five options, with Harbin Embraer Aircraft Industry Co., (HEAI), Embraer’s joint-venture with Aviation Industry Corporation of China (AVIC). Deliveries are scheduled to begin at the end of 2013. The order makes ICBC Leasing the

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Northrop Grumman to Provide Royal Danish Air Force with LITENING G4 targeting systems

The Danish Ministry of Defence has selected Northrop Grumman’s LITENING G4 targeting system for its F-16 fighter aircraft. Under the terms of the contract with the Danish Defence Acquisition and Logistics Organization, Northrop Grumman will supply LITENING G4 pods, data links, spares, support equipment, training and associated logistics support to the Royal Danish Air Force.

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B/E Aerospace to acquire aerospace logistics expert Interturbine

B/E Aerospace announced that it has signed a definitive agreement to acquire Interturbine Aviation Logistics GmbH, Interturbine Logistics Solutions GmbH, and Interturbine Technologies GmbH (collectively Interturbine), a leading provider of material management logistical services to global airlines and maintenance, repair and overhaul (MRO) providers. Interturbine is a “One Stop Source,” reducing aircraft downtime for airlines

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Wheeltug successfully tests electric drive system on Boeing 737NG

Wheeltug announced the successful installation and test of the first in-wheel WheelTug system in Prague on a Germania 737-700. During testing, pilots were able to push the plane back, and taxi without waiting for a tug or powering up the engines. Pilots were able to move the plane through motors in the nosewheel powered solely

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MTU Maintenance Hannover completes 6,000th engine overhaul

Since its foundation more than 30 years ago, MTU Maintenance Hannover has completed the overhaul of its 6,000th engine, a CFM56-7B from one of South America’s leading operators. The Hannover shop is highly experienced and the centrepiece of the MTU Maintenance group. It has specialized in the maintenance of medium- and large-size commercial engines –

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Japanese investors take 60% stake in TES Holdings

European Transportation Finance specialist DVB Bank SE has completed the sale of its majority stake in Bridgend-based TES Holdings Ltd. to Japanese investors. Mitsubishi Corporation will take a 35% share of TES Holdings, the parent company of aircraft engine maintenance and asset management business TES Aviation Group, while the Development Bank of Japan will take

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