1 November 2017

Ryanair pilots to cost carrier an extra €100m per annum

Following on from the rostering debacle, Ryanair has addressed the competitiveness of the low-cost carrier’s pilots’ pay, together with communication, career progression and basing. Michael O’Leary, the company’s CEO has claimed that the pay offered was “already slightly higher” that competitor airlines, but he admitted that response to a tightening market for experienced first officers […]

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Alaska Airlines signs US$500m support agreement

Alaska Airlines and CFM International have signed a nine-year Rate Per Flight Hour (RPFH) maintenance agreement to support 128 CFM56-7B engines that power the airline’s s fleet of Boeing Next-Generation 737-800 aircraft. The agreement, which includes spare engines, is valued at nearly $500 million U.S. at list price. Rate per Flight Hour agreements are part

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Airstream arranges sale of three ERJ-145EU's

Aircraft remarketing specialist Airstream International Group has arranged the sale of 3 Embraer ERJ-145EU’s on behalf of NovoAir (Bangladesh). The aircraft, serial numbers 145300, 145546 and 145573 were sold to National Airways (Ethiopia). The sale marks the exit of ERJ’s from NovoAir’s fleet and is a new type for National Airways who currently operate a

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Pratt & Whitney signs exhaust system component distribution agreement with Satair Group

Pratt & Whitney has entered into an agreement with Satair Group, a provider of aftermarket services and solutions for the civil aerospace industry, for the exclusive distribution of PW4000 100-inch engine nacelle exhaust system parts. Under the terms of the agreement, Satair Group will distribute the spare parts to Pratt & Whitney’s worldwide customer base.

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Boeing grows leasing software presence with Everbright Financial Leasing

Boeing subsidiary AerData is growing its leasing software presence in China under a new agreement with Everbright Financial Leasing Co., headquartered in Beijing, that will consolidate data from multiple sources using a single Corporate Management System (CMS) platform. The platform will reduce risk for lessors by giving them full control and oversight of asset values,

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Aergo Capital acquires portfolio of four aircraft

Aergo Capital has acquired two B737-800s, one A321-200, and one A330-200 aircraft from a major lessor. All four aircraft are on long term operating leases and this acquisition brings Aergo Capital’s fleet to 41 aircraft. Aergo Capital’s CEO Fred Browne said, “This acquisition is a continuation of our strategy of acquiring younger aircraft on long

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Sibir Technic completes A-check on Embraer E170

Sibir Technic, a subsidiary of the ENGINEERING Holding is the first MRO company in Russia to start providing light base maintenance, the A-check on Embraer E170 regional jets. Russia’s only operator of Embraer E170, S7 Airlines launched operation of this type in the spring of 2017. Sibir Technic’s maintenance staff received appropriate training and ratings

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CFM56 fleet surpasses 500 million flight cycles

CFM International’s ubiquitous CFM56 engine fleet has surpassed 500 million flight cycles while logging nearly 900 million flight hours since the first aircraft, a DC-8-71, entered commercial service in April 1982. There are currently more than 24,000 CFM56 engines in commercial and military service with 560 operators around the globe. Overall, CFM has delivered more

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