12 January 2016

Report reveals FAA currently failing to ensure manual flying skills

A report by the Transportation Department’s Office of the Director General has revealed that the FAA is failing to ensure that airline pilots maintain a sufficient level of flying skills enabling them to take control of an aircraft from an automated system in an unexpected event. The report also concluded that the FAA is unable […]

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Pratt & Whitney to deliver final production F117 engine to the U.S. Air Force

Pratt & Whitney will deliver the final production F117 engine to the U.S. Air Force for its C-17 Globemaster III fleet later this month. A ceremony commemorating delivery of 1,313 production engines was held at Pratt & Whitney’s engine center in Middletown, Connecticut. “This is a bittersweet occasion for those of us who have played

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Bohai Leasing completes acquisition of Avolon

Bohai Leasing completed the acquisition of 100% of Avolon. Bravia Capital Partners originated and structured the transaction with a total enterprise value of approximately US$7bn, bringing Bohai’s investment in commercial aircraft and new orders to over 500 aircraft which, based on this fleet, makes Bohai the fourth largest aircraft leasing company in the world. Bravia’s

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International Association of Machinists and Aerospace Workers at Hawaiian Airlines ratify 5-year contracts

Hawaiian Airlines employees represented by the International Association of Machinists and Aerospace Workers (IAM) have ratified tentative agreements reached with the airline in December. The five-year contracts boost compensation and incorporate important work rule changes benefiting more than 1,500 employees in District 141, which covers clerical, office, stores, fleet and passenger services, as well as

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HEICO Corporation completes Robertson acquisition

HEICO Corporation’s Electronic Technologies Group completed the acquisition of Robertson Fuel Systems. On December 21st, 2015, HEICO announced it had entered into an agreement, subject to regulatory approval which was subsequently received, to acquire Robertson from affiliates of American Securities for US$255m in cash to be paid at closing, to be adjusted for typical post-closing

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LOTAMS receives an update of EASA PART-145 certificate

LOT Aircraft Maintenance Services company has received an update of EASA PART-145 certificate. Certificate has authorized the company to extend the scope of work on Boeing B777-200 / 777-200LR / 777-300 / 777-300ER / 777F with Trent 800 and GE90 engines. EASA Part-145 certificate was given to LOTAMS by the Civil Aviation Office of Poland.

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Airstream arranges sale of an ERJ-145LU on behalf of Luxair

Airstream International Group has arranged the sale of an Embraer ERJ-145LU on behalf of Luxair. The aircraft, serial number 145135, was sold to Regourd Aviation. This is the third ERJ-145LU that Airstream has successfully remarketed on behalf of Luxair and the tenth Embraer regional jet that Airstream had sold or leased in 2015.

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