3 May 2017

U.S. airlines warned that Congress will intervene if they don’t improve services

Other News, Top Stories / Leave a Comment

The resultant fallout from the recent physical removal of David Dao from a United Airlines flight and ‘bullying’ of a woman with a stroller by a flight attendant on board an American Airlines flight continues. Airline chiefs, including United’s CEO Oscar Munoz, attended a four-and-a-half-hour hearing on Capitol Hill where Bill Shuster, R-Pa., House Transportation …

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AerCap signs lease agreement with Austrian Airlines for 777 aircraft

Aircraft & Engines / Leave a Comment

AerCap has signed a lease agreement for a Boeing 777-200ER with Austrian Airlines. The aircraft is scheduled to deliver in January 2018. Manufactured in 2001, the aircraft was operated by Aeromexico. AerCap President and Chief Commercial Officer Philip Scruggs said, “The 777 remains a work-horse of the industry. This transaction proves the continued demand for …

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Pratt & Whitney Canada produces 100,000th engine

Aircraft & Engines / Leave a Comment

Pratt & Whitney Canada (P&WC) has produced its 100,000th engine this month, as a testament to P&WC’s longevity and leadership in the global aerospace market. P&WC has 60,000 in-service engines operated by 12,300 customers in more than 200 countries and territories worldwide. Its engine families span across general aviation, regional turboprops, business aviation, civil helicopters …

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Leonardo reports higher orders and improved profitability in first quarter of 2017

Financial / Leave a Comment

For the first quarter of 2017 (1Q2017) Leonardo reported that new orders amounted to €2,647m, 3% higher than in the first quarter of 2016 (1Q2016). The book-to-bill ratio reached 1.1 compared to 1 of the same period of 2016. The order backlog amounted to €34,832m (+25% vs. March 2016). This is increasingly solid as it …

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PenAir renews 3-year general terms agreement with C&L Aviation Group

MRO & Production / Leave a Comment

C&L Aviation Group has renewed its 3-year aircraft maintenance ssupport agreement with PenAir to perform the aircraft maintenance requirements on their fleet of Saab 340 aircraft. The contract includes heavy checks, aircraft painting, component repair, interior refurbishment, and other aircraft maintenance support services. C&L is a global aviation services and aftermarket-support provider for regional and …

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FPG / DVB Bank / Mega Bank complete closing of JOLCO financing for Boeing 787-9

Financial / Leave a Comment

FPG / DVB / Mega Bank have successfully closed a JOLCO for a Boeing 787-9 which delivered to Air Canada in February 2017. The equity was arranged by FPG AIM and underwritten by FPG in Japan. The senior loan was arranged and underwritten by DVB Bank and Mega Bank. Skyworks Capital was advisor to Air …

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SR Technics intends to grow Malta operations

MRO & Production / Leave a Comment

SR Technics, a world leading MRO service provider, has signed a non-binding memorandum of understanding (MOU) between Malta Enterprise and Malta Industrial Parks Limited in order to assess the possibility of expanding its current operations in Malta. As part of the MOU, Malta Enterprise will assess the possibility of making land available at Malta International …

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Jeppesen and Teledyne Controls to deliver increased airline data connectivity through new agreement

Other News / Leave a Comment

Jeppesen, a Boeing Company, has teamed with Teledyne Controls to integrate Jeppesen FliteDeck Pro with Teledyne’s GroundLink Comm+ system with Aircraft Interface Device (AID) functionality, known as GroundLink AID+. This will deliver greater data connectivity for carriers using FliteDeck Pro, one of the leading electronic flight bag (EFB) solution for airlines and large-scale operators. GroundLink …

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AviaAM Financial Leasing China introduces first three brand new Airbus A320s into its fleet

Aircraft & Engines / Leave a Comment

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, has reported that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has acquired three newly-built Airbus A320 aircraft. All three aircraft came in 8 business and 150 economy seats configuration and in the livery …

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