19 September 2014

FAA streamlines aircraft certification process

As part of the Federal Aviation Administration’s (FAA) ongoing efforts to improve its responsiveness to the U.S. aviation industry as it certificates new products and operators, the agency took an important step today to streamline the aircraft certification process to help the industry get products to market faster and retain competitiveness. The FAA is replacing […]

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AWAS delivers long-haul fleet solution for customer Boliviana

AWAS has placed three widebody 767-300ER passenger aircraft with current customer Boliviana as part of the airline’s plan to commence long-haul service from Cochabamba to Miami in the US, and Madrid, Spain. Two of the three aircraft will be placed into immediate service to launch the Miami and Madrid destinations, while the third will be

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Amentum and Archway Aviation complete Lion Air S&LB transaction

Amentum, the Dublin based commercial aircraft leasing company, has arranged the acquisition of two factory new 737-900ER aircraft for investor customer Archway Aviation (an Irish based operating lessor) in a sale & lease back transaction with Lion Air. The first aircraft (MSN 39880) was delivered on September 15th. The second aircraft (MSN 39878) will be

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Lufthansa Technik to invest almost €60m in new wheels and brakes shop

Lufthansa Technik is investing almost €60m in the construction and equipment of a new wheels and brakes shop at Frankfurt’s East Harbor. The new building will be put into service at the beginning of 2017. It will enable Lufthansa Technik, as a world leading provider of technical services for the aviation industry, to continue to

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GKN Aerospace enters into risk and revenue sharing agreement with P&W

GKN Aerospace has agreed a major risk and revenue sharing partnership (RRSP) with Pratt & Whitney, covering the supply of key components for the PurePower PW1900 Geared Turbofan (GTF) engine – which will power the Embraer 190 and the 195-E2 narrow body, medium range aircraft. The agreement, under which GKN Aerospace will take a 7%

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GOL announces conclusion of Senior Notes Offering due 2022

GOL Linhas Aereas Inteligentes, the largest low-cost and best-fare airline in Latin America, announced that on September 18th, 2014, it has priced an offering of US$325m 8.875% Senior Notes due 2022, in a transaction exempt from registration under the United States Securities Act of 1933, as amended (“Securities Act”). Gol LuxCo intends to use the

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