30 June 2014

Rolls-Royce combines businesses to bring new benefits to engine life management

Rolls-Royce announced the merger of two wholly owned subsidiaries, Aero Engine Controls (AEC) and Optimized Systems and Solutions (OSyS), to form a new business, Controls and Data Services (CDS), which will continue to operate as part of the Rolls-Royce Group. The new business will bring together equipment sensors, controls and monitoring systems with performance analysis […]

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Bombardier’s Challenger 350 aircraft enters into service with first delivery to NetJets

NetJets, a Berkshire Hathaway company and the worldwide leader in private aviation, together with Bombardier Aerospace, revealed the first Signature Series Challenger 350 aircraft at Westchester County Airport in White Plains, NY. This event marked the official entry-into-service of the Challenger 350 aircraft. Bombardier Business Aircraft President Éric Martel presented the ceremonial keys to NetJets

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Boeing offers Next-Generation KC-46 Tanker in Republic of Korea competition

Boeing formally offered to the Republic of Korea (ROK) the KC-46, the U.S. Air Force’s next-generation tanker, as Korea prepares to acquire four aircraft for its first tanker squadron. Boeing made the offer in response to Korea’s request for proposals for an aerial refueling tanker. Korea’s Defense Acquisition and Program Administration is expected to complete

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Waypoint Leasing expands revolving credit facility to $468m

Waypoint Leasing, a leading global helicopter leasing company, has increased the committed borrowing capacity under its five year revolving credit facility from $335m in November 2013 to $468m as of June 30, 2014. The facility bolsters Waypoint’s ability to continue adding attractive and diversified helicopter assets to its fleet, which today includes over 40 aircraft

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Triumph Group acquires GE Aviation Hydraulic Actuation business

Triumph Group reported the completion of the previously announced acquisition of the hydraulic actuation business of GE Aviation. The acquired business will operate as Triumph Actuation Systems-Yakima and Triumph Actuation Systems- UK & IOM. The business is expected to add approximately $180m in annual revenue and to be immediately accretive to earnings. The purchase price

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Moog signs contract with Scoot for long term support of Moog flight control systems on fleet of 787 aircraft

Moog and Scoot, a subsidiary of Singapore Airlines, signed a 12 year exclusive contract for comprehensive support of the Moog Flight Control Systems on Scoot’s fleet of Boeing 787 aircraft. The program will include maintenance and inventory support via Moog’s strategically selected worldwide stocking locations, giving Scoot 24/7 access to spares no matter where their

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First production HondaJet takes to the skies

The first production HondaJet achieved its initial flight, marking another milestone toward aircraft certification and entry into service in 2015. The event took place at the company’s world headquarters in Greensboro, North Carolina. The first production aircraft lifted off from the Piedmont Triad International Airport. During the 84-minute flight, the aircraft climbed to 15,500 feet

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Horizon Air aircraft technicians, fleet service agents ratify new six-year contract

Horizon Air’s aircraft technicians and fleet service agents have ratified a new six-year contract, the airline and the International Brotherhood of Teamsters (IBT) announced on June 27th. About 94% of members participated, and 53% of those voted in favor of the agreement. The contract, ratified well ahead of the amendable date of Dec. 16th, 2014,

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ATS in Kansas City set to work on global transport aircraft

Aviation Technical Services’ new aircraft maintenance facility at the Kansas City Missouri International Airport received certification from the Federal Aviation Administration (FAA) that enables it to perform maintenance, repair and overhaul (MRO) services on virtually any transport category aircraft in the world. This certification is the latest milestone for the new ATS location, which specializes

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