14 August 2014

AAR to distribute Eaton's fluid-distribution products

Power management company Eaton has appointed AAR as the exclusive distributor for aircraft fluid-distribution products, oil debris-monitoring technology, engine seals and other products for commercial airlines. The new, 10-year agreement, which goes into effect October 8th, will strengthen airline service and support by providing operators with a comprehensive inventory of highly reliable products manufactured by […]

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Airbus A350 XWB completes Route Proving World Tour

The Airbus A350-900 has successfully completed a series of Route Proving trials, receiving an enthusiastic welcome at each of the 14 cities it has visited over the past three weeks. At the technical Route Proving the aircraft must demonstrate its readiness for airline operations on a global scale. This last series of trials is required

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Airbus choses AIDC as new supplier for best-selling A320 Family

Aerospace Industrial Development Corporation (AIDC) in Taiwan has become a new tier-one supplier for Airbus. Under the agreement, which followed a thorough evaluation process, AIDC will produce composite panels for A320 Family aircraft aft belly fairings. The contract was signed by François Mery, Airbus Senior Vice President Aerostructure, Procurement and Tony Liou, AIDC Senior Vice

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Air Lease Corporation places two new Boeing 777-300ERs with KLM

Air Lease Corporation announced long term lease agreements with KLM (The Netherlands) for two additional new Boeing 777-300ER aircraft, scheduled for delivery in the second half of 2016 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early

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DVB Group publishes half-yearly financial report for 2014

During the first half of 2014, the performance of DVB Bank SE in providing financing solutions and advisory services to its clients in the international transport sector was lower than in the same period of the previous year. Consolidated net income before taxes was down 37.7%, to €41.4m (H1 2013: €66.4m). At EUR105.0 million, net

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Karl Ulrich Garnadt appointed as Vice-Chairman of Ameco Beijing

Effective on August 1st 2014, Karl Ulrich Garnadt, the member of the Executive Board of Deutsche Lufthansa Aktiengesellschaft and CEO of Lufthansa German Airlines succeeded Stefan Lauer, to be the Vice-Chairman of the Board of Directors of Ameco Beijing. Karl Ulrich Garnadt began his career at Lufthansa in 1979. In 2011 he became CEO and

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