Pratt & Whitney and IAE International Aero Engines (IAE) shareholders, Japanese Aero Engines Corporation and MTU Aero Engines GmbH, announced details of the June 29 closing of Pratt & Whitney’s agreement to purchase Rolls-Royce’s program share in the IAE Collaboration. Pratt & Whitney has increased its program share to 61% and MTU Aero Engines has […]
Pratt & Whitney becomes majority program shareholder in IAE Read More »
China’s Hebei Airlines acquired five more EMBRAER 190s jets to join its E-Jets fleet by the end of 2013, as announced by Embraer during the 2012 Farnborough International Airshow. The total value of the deal, at list price, is US$226m. The order has been registered in the Company’s backlog for the second quarter of the
China's Hebei Airlines to expand E-Jets fleet with five more Embraer 190s Read More »
Engine Lease Finance Corporate has become the first spare engine lessor customer for CFM International’s new product offering for leasing companies called Portable Maintenance for Lessors (PML). The two companies signed a Memorandum of Understanding (MOU) with plans to sign a definitive agreement by year-end. “Our leasing company customers have been asking us for a
ELFC signs MOU for new CFM Portable Maintenance program Read More »
Airbus has decided to offer a further enhanced version of the popular A330 airliner by increasing the maximum takeoff weight capability to 240 metric tonnes. This 240 tonne capability will be first applied to the larger A330-300 model and subsequently to the A330-200 and A330-200F. The respective performance improvements are as follows: The 240 tonne
Airbus offers longer-range A330 with increased payload Read More »
The U.S. Army and Navy signed an $8.5bn contract with Sikorsky Aircraft Corp., to buy a baseline quantity of 653 BLACK HAWK and SEAHAWK helicopters through December 2017. Â The five-year contract will yield significant savings for the U.S. Government compared with purchasing the same quantity across five separate annual agreements. The five-year agreement also allows
Sikorsky signs five-year contract to build H-60 Helicopters for U.S. Army and Navy Read More »
