In a move aimed at increasing working capital and to aid the purchase of additional aircraft, BOC Aviation, the aircraft leasing arm of the Bank of China, is to sell off up to 40% of the firm through a listing of new and old shares on the main board of the Hong Kong Stock Exchange. […]
BOC Aviation to increase working capital with sale of shares Read More »
CityJet, the Irish regional airline, has selected the 98-seat Sukhoi Superjet 100 (SSJ100) as the aircraft for its fleet renewal and network development programme. An agreement has been signed by SCAC, SJI and CityJet Airlines for 15 aircraft plus 10 options. Based on the list price, the value of the agreement is worth over US$1bn,
CityJet chooses SSJ100 aircraft for fleet renewal Read More »
EL AL has signed an exclusive, five-year Maintenance Service Agreement with Pratt & Whitney to provide maintenance services on up to 17 additional PW4000 engines. This agreement supplements the 27 EL AL engines that Pratt & Whitney already services. “One of our core values is to work relentlessly and without compromise for our customers’ safety,”
Pratt & Whitney to support EL AL PW4000 engines Read More »
TAT Technologies, a leading provider of services and products for the commercial and military aerospace and ground defense industries, has completed the acquisition of Chromalloy Israel for approximately US$3.5m. In addition, TAT will pay an earn-out, capped at US$2m, in the event that Chromalloy Israel meets certain annual revenue targets in 2015 and 2016. TAT
TAT Technologies closes acquisition of Chromalloy Israel Read More »
FLYHT reported changes to its executive management team. Mr. Tom Schmutz has been appointed the new chief executive officer (“CEO”) of the Corporation. Mr. Bill Tempany is retiring from his role as CEO, but will remain on the board of directors and has been appointed the chairman of the board. In addition, Mr. Matt Bradley
FLYHT names Tom Schmutz new CEO Read More »
Cobham has received a series of orders from BAE Systems for microelectronic products totaling approximately US$51m for the F-35 Lightning II platform. The work will be performed by Cobham Microelectronic Solutions, a business unit of the Cobham Advanced Electronics Solutions sector. Cobham’s offering for the recent orders on the F-35 platform includes microelectronic components and
Cobham receives US$51m in orders for F-35 Lightning II Read More »
Bestfly, the Angola-based aviation services company has been selected by Chevron, through its subsidiary, Cabinda Gulf Oil Company (CABGOC), to provide all ground handling and flight support services to its entire aviation related operations in Angola. The contract, which commenced in September, covers the complete Chevron fleet of four Bombardier Dash-8 Q400 aircraft, and 10
Bestfly awarded Chevron ground handling and flight support services contract in Angola Read More »
Aeronautical Engineers (AEI) has received EASA approval (Supplemental Type Certificate #10055029) for the MD-80SF freighter conversion. The original FAA STC (ST02434LA) for the MD-80SF was received in February of 2013. The AEI MD-80SF comes with an Ancra Cargo Loading System capable of carrying twelve (12) 88” x 108” containers and depending upon the particular aircraft
AEI receives EASA approval for the MD-80SF Freighter conversion Read More »
Cathay Pacific Airways has signed a long term maintenance agreement with Revima APU for the support of Auxiliary Power Units (APU) installed on the airline’s Boeing 747-400 and 747-8F aircraft, and on Airbus A300-600F aircraft operated by its subsidiary AHK Air Hong Kong. Through this multi-year agreement, Revima APU will provide repair and maintenance services
