11 March 2013

Titan Aviation acquires Boeing 777 Freighter

Atlas Air Worldwide Holdings reported the acquisition of a Boeing 777 Freighter by its dry-leasing subsidiary, Titan Aviation. The aircraft is currently on long-term lease to AeroLogic GmbH, a cargo airline based in Germany and a joint venture of DHL Express and Lufthansa Cargo AG. Norddeutsche Landesbank Girozentrale (NORD/LB), a leading aircraft financier based in …

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New orders and commitments for Eurocopter's helicopter family

New orders and commitments for Eurocopter’s helicopter family, along with an unveiling of the latest evolution in its product line, marked the company’s highly successful participation at Heli-Expo 2013 – the rotorcraft industry’s largest international gathering, held this month in Las Vegas, Nevada. The bookings covered products ranging from Eurocopter’s light single-engine AS350 helicopter to …

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Boeing says strong demand pushing commercial production rates higher

Boeing said that strong demand for its commercial airplanes and a healthy backlog are behind the company’s decision to keep increasing production rates. “The data tells us the market is strong and will continue to be strong. That’s why we’re confident as we raise our production rates,” said Randy Tinseth, vice president of Marketing, Boeing …

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Copa Holdings appoints Chief Financial Officer

The board of directors of Copa Holdings (CPA) appointed Mr. Jose Montero as Chief Financial Officer effective March 15th. Mr. Montero, currently Director of Planning of Copa Airlines, succeeds Mr. Victor Vial, who will continue his involvement with the company as advisor to the board of directors.

Boeing, KLM demonstrate new technologies to optimize flight

Boeing and KLM Royal Dutch Airlines have begun a series of commercial flights that will demonstrate how several advanced technologies, fuels and concepts can significantly improve operational efficiency, save fuel and reduce carbon and noise emissions. The technology demonstration encompasses all aspects of an aircraft’s flight – preflight, takeoff, cruise, descent and post-landing. The first …

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AviancaTaca signs agreement with CFM valued at $2.7bn

Panama-based AviancaTaca Holdings has selected the advanced technology LEAP-1A engines to power 33 Airbus A320neo family aircraft, in addition to ordering CFM56-5B engines to power an additional 18 Airbus A320ceo family aircraft. The airline has also opted for a comprehensive engine maintenance service package. The agreement has a total combined value of $2.7bn U.S. at …

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ATSG airline subsidiaries complete merger

Air Transport Services Group reported the completion of the merger of two of its airline subsidiaries, Air Transport International and Capital Cargo International Airlines. The merger creates a single airline, ATI, with its headquarters in Little Rock, Ark., its operations center in Wilmington, Ohio, and its management team led by ATI President Dennis Manibusan. ATI …

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Royal Netherlands Air Force renews maintenance contract AFI KLM E&M

The Royal Netherlands Air Force (RNLAF) has renewed an exclusive contract with AFI KLM E&M in support of the continuous airworthiness and maintenance for two KDC-10 Tankers and – until end of operations – one DC-10 Freighter. AFI KLM E&M will handle engineering support for the (K)DC-10s. AFI KLM E&M’s role will consist in airworthiness …

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