November 12, 2012

Bristol Associates complete sale of UAL owned 2000 vintage B767-224ER

Bristol Associates, as remarketing agent for United Airlines, has completed the sale of another UAL-owned 2000 vintage B767-224ER (N76151/MSN 30430) to BLF Ltd. (Bermuda). The aircraft will be operated by UTair (Russia) and represents the third delivery in a fleet acquisition of eight 767-224ER aircraft. UTAir will employ the aircraft to expand longer haul scheduled […]

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Bombardier Learjet employees accept labor agreement

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Bombardier Learjet released that its unionized employees in Wichita, members of the International Association of Machinists and Aerospace Workers (IAMAW), have voted to accept a proposed contract agreement, ending a strike action that began on October 8, 2012. Employees returned back to work on November 12, 2012.

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Afriqiyah Airways places firm order for four more A350 XWBs

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Afriqiyah Airways has increased its A350 XWB fleet with a new firm order for four A350-900s. The carrier has also converted its original order for six A350-800s into six of the larger A350-900 model. This brings Afriqiyah’s total A350 XWBs on order to ten A350-900s.

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SAS Group posts 3rd quarter net income of MSEK 434

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For the 3rd quarter 2012 SAS Group posted revenues of MSEK 11,096 compared to MSEK 10,616 in the 3rd quarter 2011. The number of passengers increased by 315,000 (4.5%), passenger revenue adjusted for currency and nonrecurring items increased by 9.4%, income before tax and non-recurring items amounted to MSEK 607 compared to MSEK 298 in

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SAS launches comprehensive plan to improve profitability and secure long-term financial preparedness

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SAS launched a new comprehensive plan to pave the way for a new, strong and competitive SAS. The plan needs to be fully implemented and new collective agreements must be signed in a very short space of time in order for SAS to have access to necessary funding. This plan will give SAS a fresh

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Doric’s aircraft portfolio reaches 34 aircraft valued at $5.6bn

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Doric added its 17th Airbus A380, and therefore its 34th aircraft under management, to its portfolio on November 9th. Doric Nimrod Air Finance Alpha Limited (Doric Alpha) took delivery of the third of four Airbus A380s financed with funds raised in the UK and US capital markets. The aircraft was delivered in Hamburg and has

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MTU Maintenance Zhuhai increases MRO capacity by 50%

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In order to meet the growing expectations of the global aviation market, MTU Maintenance Zhuhai, a joint venture between Germany’s leading engine manufacturer MTU Aero Engines and China Southern Air Holding Company, has extended its main engine repair shop by 5,900 m² to increase the overall capacity by 50% from currently 200 to 300 shop

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AAR to supply APU parts for Japan Ministry of Defense

Military & Defense, Top Stories / Leave a Comment

AAR has entered into an agreement with Pratt & Whitney AeroPower to become the exclusive supplier of Auxiliary Power Unit (APU) and Jet Fuel Starter (JFS) parts and accessories for certain aircraft operated by the Japan Ministry of Defense (JMOD). The five-year contract will be managed by AAR’s Defense Systems and Logistics division and is

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Boeing increases 787 production rate

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Boeing employees last week rolled out the first 787 Dreamliner built at the new rate of five-airplanes-per-month. The airplane is the 83rd 787 to be built. Boeing earlier this year increased the rate from 2.5 to 3.5 airplanes per month and is on track to achieve a planned 10-per-month rate by late 2013. The program

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