AerCap Holdings N.V. has entered into a definitive agreement with American International Group, (AIG) under which AerCap will acquire 100% of the common stock of International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of AIG. Under the terms of the agreement, AIG will receive $3.0bn in cash and 97,560,976 AerCap shares. The transaction is expected […]
AerCap acquires International Lease Finance Corporation Read More »
Werner Aero Services’ Jet Engine Division has completed the placement of four of its V2500-A5 engines this quarter with a major commercial customer. The engines were part of Werner’s Engine Division pool prior to the sale. Werner’s Jet Engine Division provides engine solutions to its customers around the world, focusing primarily on V2500, PW2000 and
Werner Aero Services sells four V2500-A5 engines in Q4 Read More »
Alcoa (AA) has signed a multi-year supply agreement with Airbus valued at approximately $110m for value-add titanium and aluminum aerospace forgings. Alcoa will produce the parts using its recently modernized 50,000-ton press in Cleveland, Ohio. This press uses state-of-the-art controls to meet stringent aerospace specifications and is uniquely capable of producing the world’s largest and
Alcoa signs long-term agreement with Airbus Read More »
International Lease Finance Corporation (ILFC) has signed an agreement with Air Calédonie International (Aircalin), New Caledonia’s international airline, for the lease of a used Airbus A320-200. The aircraft will support the airline’s efforts to meet growing demand for air travel in the region. The aircraft is scheduled for delivery in the middle of 2014 and
ILFC to lease Airbus A320-200 aircraft to Aircalin Read More »
Alaska Airlines and the Association of Flight Attendants have reached tentative agreement on a new five-year contract for the carrier’s 3,300 flight attendants. Once the tentative agreement is approved by the union’s leadership, Alaska Airlines’ flight attendants will conduct a ratification vote that is expected to be completed in mid-February 2014. The current contract became
Alaska Airlines and its flight attendants tentatively agree on five-year contract Read More »
AirAsia received approval to fly Required Navigation Performance (RNP) flight paths in Malaysia, with support from GE Aviation. The Malaysia Department of Civil Aviation Authority (DCA), the regulator and air navigation service provider, granted the nation’s first RNP operations approval November 28th following a successful RNP flight validation conducted at Penang October 18th. GE Aviation,
AirAsia receives RNP Operations Approval with GE Aviation’s Support Read More »
Boeing will begin construction in the second half of 2014 on a new paint facility on its main campus in North Charleston, S.C. The company expects to begin painting fully assembled 787 Dreamliners in South Carolina in mid-2016. The approximately 230,000 ft² (21,368 m²) facility will be used to apply customer liveries to Boeing South
Boeing plans South Carolina expansion activities Read More »
Asiana Airlines’ first A380 has successfully completed its maiden flight. The A380 flew on December 13th from Airbus’ facilities in Toulouse, France to the aircraft manufacturer’s site in Hamburg, Germany, where it will undergo painting and cabin furnishing. Asiana Airlines will become the twelfth operator of the A380 when it takes delivery of its first
Asiana Airlines’ first Airbus A380 performs maiden flight Read More »
AgustaWestland released that the Government of the State of San Paulo in Brazil has placed an order for a GrandNew light twin helicopter. The aircraft will be operated by the Military Police of the State of San Paulo to perform environmental and forest patrols and airborne surveillance missions in the State of San Paulo and
Brazilian State of San Paulo orders one GrandNew Helicopter Read More »
GA Telesis Composite Repair Group appointed David LeClair as Vice President of Service Sales at GATCRG. Mr. LeClair’s prior experience includes more than 20 years of management experience in the aviation aftermarket distribution and commercial MRO marketplace. In his new capacity, Mr. LeClair will be responsible for further developing global service support nacelle repair strategies
David LeClair joins GA Telesis Composite Repair Group Read More »
