At the same time as Air Canada and Bombardier have announced the firm order for 45 CS300 aircraft with an option for a further 30, Bombardier has also announced the loss of 7,000 jobs from its aerospace and rail equipment facilities in Canada and Europe. This news also comes less than a week after it […]
Bombardier to lose 7,000 jobs despite major Air Canada order Read More »
Air Canada reported full year adjusted net income of CA$1.222bn, compared to adjusted net income of CA$531m in 2014, an improvement of CA$691m. EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft rent) amounted to CA$2.534bn compared to EBITDAR of CA$1.671bn in 2014, an improvement of CA$863m. On a GAAP basis, Air Canada reported operating
Air Canada posts 2015 net income of CA$308m Read More »
Vietjet has signed a Definitive Agreement for the PurePower Geared Turbofan (GTF) engine to power their order of 63 Airbus A320neo and A321neo family of aircraft. Deliveries are expected to begin in 2017. The PurePower Geared Turbofan engine family has about 7,000 orders, including options, with more than 70 customers from more than 30 countries.
Vietjet chooses PurePower engine for A320neo, A321neo aircraft order Read More »
Air Canada has entered into a Letter of Intent (LOI) with Bombardier for the acquisition of up to 75 Bombardier CS300 aircraft powered by Pratt & Whitney PurePower PW1500G engines as part of its narrowbody fleet renewal plan. The LOI contemplates 45 firm orders plus options to purchase up to an additional 30 aircraft and
Air Canada to purchase up to 75 Bombardier C Series aircraft Read More »
UTC Aerospace Systems has signed a 12-year agreement with Singapore Airlines to provide asset management and repair services for the airline’s fleet of Airbus A350 aircraft. The long-term maintenance agreement is part of UTC Aerospace Systems’ Comprehensive Accessory Repair and Exchange (C.A.R.E.) Program. Under the customized C.A.R.E. agreement, UTC Aerospace Systems, through its global network
Singapore Airlines selects UTC Aerospace Systems C.A.R.E. program for A350 maintenance Read More »
Boeing and Okay Airways signed a commitment for 12 Boeing 737s, including eight MAX 8s, three 737 MAX 9s and one Next-Generation 737-900ER (Extended Range) airplane. The agreement, valued at US$1.3bn at current list prices, is subject to the approval of the Chinese government and will be posted to Boeing’s Orders & Deliveries website once
Okay Airways orders 12 Boeing 737s Read More »
Production has begun on the Seastar, announced Dornier Seawings at this year’s Singapore Airshow. The Seastar is the most advanced amphibious aircraft, engineered to operate on both land and water. This versatility sets it apart from helicopters and conventional seaplanes. The Seastar combines cutting-edge technology with Dornier’s 100 years of flying-boat experience. Dornier Seawings is
Dornier Seawings starts series production of the Seastar Read More »
Three of HNA Group’s subsidiaries have signed a V-Services Fleet Hour Agreement (FHA) to maintain its fleet of 46 V2500 engines. The agreement is for three of HNA Group’s subsidiaries: West Air, Beijing Capital and Tianjin Airlines. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders
Three of Chinese HNA Group’s subsidiaries sign V-Services agreement Read More »
Aeronautical Engineers has signed a contract with Luxembourg based JMV Aviation to provide an 11 pallet position B737-400SF freighter conversion. The aircraft (MSN 24959) is high gross weight and is being modified at Commercial Jet’s Dothan, Alabama facility. The freighter will be re-delivered to JMV Aviation in June of 2016 and then will be leased
Transportation Partners, the leasing arm of Lion Group, and CFM International announced an order for 348 LEAP-1A engines to power 174 firm Airbus A320neo aircraft. The aircraft order was announced in March 2013.The value of the installed and spare engines is US$4.9bn at list price. CFM is providing project management and expert advice starting from
Transportation Partners selects LEAP-1A engines to power 174 A320neo aircraft Read More »
