21 May 2015

Chromalloy Material Solutions unveils new Fort Lauderdale, FL, sales and warehouse operation

Chromalloy announced a new Fort Lauderdale, Florida, sales and warehouse facility to house its growing Chromalloy Material Solutions (CMS) business unit. “Chromalloy Material Solutions, our global parts and materials trading business, has moved into a new 70,000 square foot facility to better serve customers,” said Carlo Luzzatto, President. “As a material and asset provider to

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Sichuan Airlines takes delivery of the 100th airplane

Air Lease Corporation announced the delivery of one new Airbus A321-200 on long term lease to Sichuan Airlines (China), marking the operator’s 100th airplane in their current fleet. The aircraft, outfitted with Sharklets and powered by IAE V2533 engines, is from ALC’s order book with Airbus. The delivery supplements numerous Airbus A330, A321 and A319

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Macquarie Infrastructure Corporation completes conversion from limited liability company to corporation

Macquarie Infrastructure Corporation (MIC) has successfully completed a planned conversion to a Delaware corporation from a Delaware limited liability company. The conversion was effective on May 21st, 2015. The conversion had no impact on the business or management of the Company and has been treated as a tax-free exchange under relevant Internal Revenue Service regulations.

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Bristow Group reports financial results for its 2015 fiscal fourth quarter

Bristow Group reported net income for the March 2015 fiscal fourth quarter of US$15.1m compared to net income of US$30.3m in the same period a year ago. Adjusted net income, which excludes special items and asset disposition effects, decreased 35.3% to US$31.8m for the March 2015 quarter, compared to US$49.1m in the March 2014 quarter.

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GE Aviation and Woodward combine fuel systems expertise for new joint venture

GE Aviation and Woodward announced a strategic 50/50 joint venture for fuel systems for GE’s large commercial aircraft engine lines. The new joint venture will design, develop, source, supply and service the fuel system, including components from the fuel inlet up to the fuel nozzle, for the GE90, GEnx, GE9X and all future large commercial

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Azul and Embraer sign firm order for up to 50 E-Jets E2

Embraer and Azul Linhas Aereas Brasileiras S.A. have reached a final agreement for 30 firm orders for the E195-E2 jets. The contract, announced as a Letter of Intent (LOI) during the 2014 edition of the Farnborough International Airshow, in July last year, also includes an additional 20 purchase rights for the same model, bringing the

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