8 October 2013

Jetstar takes delivery of first 787 Dreamliner for Australia

Boeing and Jetstar Airways celebrated the delivery of the carrier’s first 787 on October 8th, which is also the first Dreamliner for Australia. “Today is a historic milestone for the Qantas Group and Jetstar as we welcome the most advanced passenger aircraft ever constructed to the fleet,” said Qantas Group CEO Alan Joyce. “In just […]

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Lufthansa Technik Malta expands overhaul capacity

Lufthansa Technik Malta (LTM), a subsidiary of Lufthansa Technik, is expanding its hangar capacity for maintenance and overhaul work on Airbus widebody aircraft. With the addition to the smallest of the three hangars in Malta, which has been used to date only for narrowbody aircraft, the building will be able to accommodate aircraft up to

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Boeing delivers 5th Canadian CH-147F Chinook helicopter

Boeing has delivered the Royal Canadian Air Force’s (RCAF) fifth CH-147F Chinook helicopter one month ahead of schedule and only three months after the arrival of the first in June, expanding Canada’s military cargo capability while continuing the Chinook program’s history of excellence. Boeing is scheduled to deliver two more CH-147Fs this year and another

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CIRCOR Aerospace celebrates grand opening of Corona, California Machining Center

CIRCOR Aerospace celebrated the grand opening of their Corona, California Machining Center of Excellence on Friday, September 20th. The state of the art machining facility holds the critical machining processes for the West Coast fluidic control, actuation, and landing gear product lines. Completed in June of 2013, the new facility has 72,000ft² of manufacturing floor

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Air Lease Corporation improves terms of $170m of secured debt

Following Air Lease Corporation’s investment grade ratings and strengthened credit profile, the company announced that one of its banks has agreed to revise and improve the terms for approximately $170m of secured debt related to the financing of six ALC aircraft. Under the terms of the agreement, the bank has agreed to reduce the interest

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Universal Asset Management acquired by Keri Wright

Universal Asset Management, a global leader in aviation asset management, aircraft disassembly and commercial aviation aftermarket component sales, announced that UAM Holdings, a corporation wholly owned and operated by Keri Wright, has acquired 100% of Universal Asset Management and its wholly owned subsidiary, Universal Air Repair. The transaction will enable Universal Asset Management to build

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