5 September 2012

Honeywell secures major engine contract from Israel Ministry of Defense

Honeywell, as part of the International Turbine Engine Company, has signed a contract to supply its F124-GA-200 turbofan engines for the Israel Ministry of Defense’s (IMOD) new 30-strong Alenia Aermacchi M-346 Master advanced jet trainer fleet. The contract is worth approximately $735m and includes engine supply and aftermarket support. The purchase of the F124-powered M-346

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Eurolot to add six Bombardier Q400 NextGen aircraft to its fleet

Warsaw-based Eurolot has converted options on six Q400 NextGen airliners to a firm order that will increase its fleet to 14 Q400 NextGen aircraft. Based on the list price of the Q400 NextGen airliner, the transaction is valued at approximately $190m. Eurolot’s firm order for eight Q400 NextGen airliners with 12 options was announced on

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Spirit AeroSystems Aftermarket signs spare parts agreement with Lion Air

Spirit AeroSystems and Lion Air announced the signing of a supply agreement whereby Spirit Aftermarket Customer Support (ACS) will provide thrust reverser, fuselage, and wing component spare parts for Lion Air’s fleet of Boeing aircraft. This multi-year contract will enable Lion Air to obtain competitive pricing for all parts in the Spirit catalog while ensuring

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Cathay Pacific appoints Tom Owen Senior Vice President, Americas

Cathay Pacific Airways has appointed Tom Owen to senior vice president, Americas. Owen will be responsible for the overall management of Cathay Pacific’s American operations, and will be based in the company’s US headquarters in San Francisco. Owen is a 17-year veteran of Cathay Pacific Airways, where he has held several management positions around the

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AAR receives FAA, EASA approval for 717-200 interior modifications

AAR has received design approvals from the U.S. Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA), Europe’s airworthiness authority, to perform custom interior modifications for Boeing 717-200 aircraft operated by a startup European airline. AAR’s design modifies the 717-200 aircraft from a two-class configuration into a high-density one-class configuration. The modification also

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