August 28, 2013

Ilyushin Finance Co. executes letter of intent for 50 Bombardier Q400 NextGen airliners

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Moscow-based leasing company, Ilyushin Finance Co. has signed a letter of intent (LOI) to acquire 50 Q400 NextGen airliners that would be assembled in Russia under a joint venture that may be created by Bombardier and Rostekhnologii (“Rostec”). IFC’s LOI was finalized during the 2013 International Aviation and Space Salon, known as the MAKS 2013 […]

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Bombardier and Russia’s Rostekhnologii execute series of agreements at MAKS 2013 Air Show

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Bombardier and Rostekhnologii (“Rostec”), a state corporation controlled by the Russian Federation, signed a series of preliminary agreements that include a letter of intent (LOI) for the sale of 50 Q400 NextGen aircraft; and a Market Development Agreement reached with Rostec and its aircraft leasing subsidiary, Avia Capital Services, that will provide an opportunity to

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Garmin announces G5000 flight deck modernization program for Beechjet 400A and Hawker 400XP

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Garmin International, a unit of Garmin, a global leader in satellite navigation, will expand its portfolio of flight deck upgrades to include a G5000 modernization program for the popular Beechjet 400A and Hawker 400XP. The STC certification is targeted for approval in 2015 and will be available from select Garmin dealers. The Garmin G5000 flight

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Aircell introduces in-flight calling and texting for personal smartphones

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Aircell, a leading provider of in-flight connectivity equipment and services to the business aviation market, released that its Gogo Biz service will expand to include voice capabilities, beginning October 1st. Gogo Biz was originally launched in 2009 as an Internet-only service in the business aviation market. Because Gogo Biz operates on Aircell’s air-to-ground technology, its

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New Commercial Director for Cardiff Aviation

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Cardiff Aviation has strengthened its leadership with the appointment of highly-experienced aviation executive, Andrew Braley, as Commercial Director. Braley joins from A J Walter Aviation (AJW), a leading independent specialist in the supply, exchange, repair and lease of commercial aircraft spares, where he was Director of Business Development.

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First Air selects Avtrade for component support for new B737-400’s

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First Air has awarded Avtrade the contract to support their B737-400 aircraft. Avtrade will be providing Power by the Hour support and base kit lease to First Air’s B737-400 fleet, based in Ottawa Canada, as one of its first North American component support programs. The contract will provide a range of services including, pool access,

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Turbomeca unveils for the first time the Ardiden 3G engine at MAKS Air Show

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Turbomeca (Safran) unveiled for the first time the Ardiden 3G engine installed on a prototype of the Russian helicopter Kamov 62, at the MAKS air show. The maiden flight is scheduled for the next few weeks. The Colombian operator Vertical de Aviacion ordered five Kamov 62 helicopters on the opening day of the air show.

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HEICO reports record net income for third quarter of fiscal 2013

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HEICO CORPORATION reported that net income increased 25% to a record $28.9m for the third quarter of fiscal 2013, up from $23.1m for the third quarter of fiscal 2012. For the first nine months of fiscal 2013, net income increased 18% to a record $72.6m from $61.4m for the first nine months of fiscal 2012.

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West Star Aviation now offering sale and installation of HUD Vision Access for Challenger 604

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West Star Aviation has been named an authorized installation dealer for the Jetcraft Corporation’s Enhanced Flight Vision System (EFVS), known as HUD Vision Access system for the Challenger 604 aircraft. In June 2013, the Federal Administration (FAA) awarded “lower landing credit” approved supplemental type certificate (STC) for the EFVS. The HUD Vision Access system provides

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