30 October 2012

Virgin Australia announces transactions to accelerate growth and competition

Virgin Australia announced three transactions designed to accelerate the growth of the business, diversify its earnings and increase competition in Australia. The transactions include: – making a placement of shares to Singapore Airlines, which will see Singapore Airlines owning a 10% interest in Virgin Australia – entering a Share Purchase Agreement to acquire 60% of […]

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LHT signs completion contract for three additional ACJ318 aircraft

Airbus and Lufthansa Technik have signed a contract for the completion of a further three ACJ318s. The contract signature is the latest development in the successful ACJ318 program-partnership between Airbus and Lufthansa Technik which started in 2006. This increases the overall number of Airbus ACJ318 completions at Lufthansa Technik to 22. Of these, 17 ACJ318s

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Etihad Airways orders two more A330 passenger aircraft

Etihad Airways, the national airline of the United Arab Emirates has signed a firm order for two additional A330-200 passenger aircraft as part of the carrier’s continued growth plans. These newly ordered aircraft, like Etihad’s current A330 fleet, will be powered by Rolls-Royce Trent 700 engines. Etihad Airways has also converted seven of its previously

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P&WC Long Beach Regional Service Centre increases capacity by 30%

Pratt & Whitney Engine Services'(PWES) regional service centre in Long Beach, California will be moving to new, larger facilities in order to meet customer demand. As part of the global sustainability plan, this new 23,000-ft² building offers energy efficiency as well as an additional 4,500 ft² of usable space. The increased space not only will

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AAR receives FAA approval of new composite interior for Sikorsky S-92 helicopters

AAR received FAA certification of its new and improved Off Shore Airliner (OSA) interior design for Sikorsky’s S-92 fleet of offshore utility aircraft. In addition to the composite interiors for the Sikorsky S-92 helicopter program, AAR also provides precision machining services for several hundred aircraft. AAR made the announcement from the National Business Aviation Association

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Boeing and Russian Technologies seek to expand partnership in titanium supply

Boeing and the State Corporation Russian Technologies (Rostech), a majority shareholder in the joint stock company VSMPO-AVISMA Corp., are working on an agreement to expand collaboration in titanium procurement and technology development. Boeing and Rostech also are seeking to increase their cooperation in commercial aviation services. Boeing and VSMPO-AVISMA are considering expansion of their titanium-production

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