12 February 2014

Lessor Falko Regional Aircraft joins Bombardier CRJ900 Aircraft Family

Falko Regional Aircraft (Falko), a global lessor focused on the regional aircraft sector, has added a CRJ900 aircraft to its portfolio. The aircraft, manufactured in 2006 and acquired from Bombardier, is on lease to Mesa Airlines Inc. and is operating on behalf of US Airways, now part of the American Airlines Group.

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Airbus and Satair open new Singapore centre

Airbus and Satair opened their first joint parts support and distribution facility, “Satair Airbus Singapore Centre” (SASC), located at the Seletar Aerospace Park in Singapore. The 16,700 m² facility will serve customers in the Asia-Pacific region, consolidating the supply chain operations of both Airbus and Satair. Building on both companies’ existing presence, SASC has the

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Weststar orders 10 additional AW139 Helicopters

AgustaWestland and Weststar Aviation Services announced that a contract for 10 AW139 intermediate twin helicopters was signed on February 11th, at the Singapore Air Show. This additional order by one of the major oil & gas operators in the area confirms the incredible success of the AW139 and of AgustaWestland for offshore missions with a

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Government of Canada introduces changes to pilot licensing

The Government of Canada announced amendments to the Canadian Aviation Regulations which will set the groundwork for the introduction of the Multi-crew Pilot Licence (MPL), extend the validity period of medical certificates associated with certain pilot licences and modify the requirements regarding credits of co-pilot flight time. Industry groups, including training organizations, pilot associations, unions

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CDB Leasing of China first PurePower engines customer in Mainland China

With an order for up to 30 CSeries aircraft, CDB Leasing (CLC) of China will be the first recipient of Pratt & Whitney PurePower engines in mainland China. In a purchase agreement with Bombardier Aerospace, CLC will receive up to 30 CS100/CS300 aircrafts. The CSeries aircraft family is powered exclusively by Pratt & Whitney PurePower

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Malaysia Airlines awards P&W $550m Fleet Management Program

Pratt & Whitney has signed an exclusive, 10-year Fleet Management Program (FMP) agreement with Malaysia Airlines to maintain the airline’s fleet of 43 PW4170 installed engines and spare engines. The agreement, which includes an option to extend the contract for up to five additional years, is valued at approximately $550m. The Pratt & Whitney engines

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Air Canada reports record full year 2013 results

Air Canada reported record full year earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent (“EBITDAR”(1) of $1.433bn (or $1.515bn including the impact of benefit plan amendments) compared to EBITDAR of $1.320bn (or $1.447bn including the impact of benefit plan amendments) in 2012, an increase of $113m (or $68m including the impact of

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Boeing, Nok Air announce commitment to order 737 MAXs, Next-Generation 737s

Boeing and Nok Airlines announced a commitment to order eight Next-Generation 737-800s and seven 737 MAX 8s. The commitment, valued at $1.45 billion at list prices, will establish Nok Air as the first airline in Thailand to operate the 737 MAX. Boeing will work with the Bangkok-based airline to finalize the details of the agreement,

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