1 June 2015

Skymark rescue package likely to be blocked by Airbus and Intrepid Aviation

Back on the 28th January this year, Tokyo-based Skymark filed for bankruptcy protection having failed to carve a profitable niche in Japan’s competitive low-cost flight market. The filing for bankruptcy protection was as a result of defaulting on their six-aircraft Airbus A380 order stage payments and Airbus’ subsequent actions in initiating proceedings against the airline. […]

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Avolon delivers one B737-8 to Flydubai and one B787-9 to Virgin Atlantic

Avolon (AVOL), the international aircraft leasing company, delivered one Boeing 737-8 aircraft to Flydubai. This is Avolon’s sixth aircraft on lease to Flydubai. The delivery was financed by Arab Banking Corporation (ABC). The company also announced the delivery of one Boeing 787-9 aircraft to Virgin Atlantic. This delivery is the second of four Boeing 787-9

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GKN Aerospace wins US$ multi-million contract for F-100 engine structure

GKN Aerospace Chem-tronics Inc. has been selected by the United States Tinker Air Force Base to supply 147 turbine nozzle support structures for the Pratt & Whitney F-100 series engines which power USAF F-15 and F-16 aircraft. This contract is valued at approaching USD10M. These are critical spares items for the United States Air Force,

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Ship carrying first components for A320 Family production in Mobile, Alabama, departs port in Hamburg, Germany

Airbus A320 family aircraft production in the U.S. is on schedule to begin this summer as the large aircraft components for the first U.S.-produced aircraft departed from the port in Hamburg, Germany, bound for Mobile, Alabama, on May 29th. The major component assemblies (MCAs) consist of the wings produced in the UK, the rear fuselage

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NetJets appoints Adam Johnson as Chairman and CEO and Bill Noe as President and COO

NetJets, a Berkshire Hathaway company, announced a new leadership team to take the company to its next stage of growth and success. Effective immediately, Adam Johnson has assumed the roles of chairman and chief executive officer and Bill Noe has been named president and chief operating officer of NetJets. In concert with these changes, Jordan

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Sierra Nevada Corporation to collaborate on regional aircraft production in Turkey

328 Support Services GmbH, the Type Certificate holder for the D328, announced that its parent company, Sierra Nevada Corporation, has signed a Memorandum of Understanding (MoU) with the Turkish Ministry of Transport, Maritime Affairs & Communications to meet the need of producing the country’s first regional jet as part of its Regional Aircraft Project (“Project”).

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AJW Technique achieves CAAS Certification

AJW Technique, the ascendant component repair and overhaul specialists, have achieved CAAS Certification. This endorsement by the Civil Aviation Authority of Singapore has been a priority for the AJW Group over recent months. “We have an expanding requirement for a broad range of repair services for an increasingly diverse number of operators like Singapore Airlines,

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Rolls-Royce Trent 700 engines selected by Middle East Airlines

Rolls-Royce has been selected by MEA (Middle East Airlines-Air Liban) to supply Trent 700 engines and TotalCare service support for an additional Airbus A330 aircraft. The airline, which this year celebrates its 70th anniversary has ordered Rolls-Royce powered aircraft over the last 50 years, dating back to Dart-powered Viscount aircraft. MEA has operated Trent 700

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Lufthansa Technik Group to grow engine business with Aerolineas Argentinas

Aerolineas Argentinas and Lufthansa Technik (LHT) have signed an exclusive five years agreement for maintenance, repair and overhaul services for the fleet of CFM56-5C engines powering Aerolineas’ seven Airbus A340-300 aircraft. For the CFM56-7 engine type Lufthansa Technik and Aerolineas Agentinas agreed to set-up a Joint Shopvisit Program under which, depending on workscopes, the airline

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