2 July 2018

Bell Boeing to begin U.S. Navy CMV-22B production work under US$4 billion contract

Bell Boeing Joint Program Office, Amarillo, Texas, is awarded US$4,191,533,822 for modification P00008 to convert the previously awarded V-22 tiltrotor aircraft advance acquisition contract (N00019-17-C-0015) to a fixed-price-incentive-fee multiyear contract. This contract provides for the manufacture and delivery of 39 CMV-22B aircraft for the Navy; 14 MV-22B aircraft for the Marine Corps; one CV-22B for […]

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Rotable Repairs leveraging Bauer wheel equipment

Rotable Repairs, one of the UK’s leading providers of wheel and brake MRO services and UK’s first Honeywell authorized Wheel and Brake Service Center, are maximising shop throughput by utilizing Bauer wheel assembly equipment. Rotable Repairs Sales & Marketing Director, Bryan Croft says, “The A320 Main Wheel typically took 20 minutes and involved two people

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Amedeo, Centerbridge and Reservoir agree on strategic partnership involving Intrepid Aviation

Centerbridge Partners, L.P. and Reservoir Capital Group, L.L.C. have agreed to acquire a minority stake in Amedeo Capital Limited (Amedeo) as part of their continued investment strategy in the aviation industry. Amedeo will acquire the U.S. management subsidiary of Intrepid Aviation Holdings Group (Intrepid) and will make a minority investment in Intrepid as part of

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Jaap Beijer becomes new General Manager of MTU Maintenance Zhuhai

On July 1, 2018, Jaap Beijer has become the General Manager of MTU Maintenance Zhuhai. The company is a 50/50 joint venture between MTU Aero Engines, Germany’s leading aero engine manufacturer and China Southern Air Holding Company, China’s largest airline group. Beijer joins the MTU subsidiary from his role as Senior Vice President Aftermarket IAE

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LCI places first helicopters in China with multi AW139 EMS lease to Kingwing

Lease Corporation International (LCI), the aviation division of the Libra Group, has reported its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co. (Kingwing), each configured for Emergency Medical Services (EMS) operations. This latest announcement reinforces LCI’s long-held strategy of curating a balanced and diverse

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Delta emphasizes customer comfort with first refreshed 777-200ER

Delta has embarked on a full-fleet interior renovation of its 777 aircraft, with the first refreshed 777-200ER taking flight this afternoon from Detroit (DTW) to Beijing (PEK) featuring the award-winning Delta One suites, the new Delta Premium Select cabin and the widest Main Cabin seats of Delta’s international fleet, among other interior upgrades. The aircraft

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Maximizing aviation’s benefits in the Caribbean

The International Air Transport Association (IATA) called on governments and other aviation stakeholders in the Caribbean region to work together to maximize the benefits of aviation connectivity. “Aviation is essential to supporting tourism in the Caribbean region, transporting approximately 50% of all tourists who travel here. It also provides a vital lifeline when disaster strikes,

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ST Engineering divests shares in Airbus Helicopters Southeast Asia

Singapore Technologies Engineering (ST Engineering) has announced the divestment of 25% equity interest in its indirect associates, Airbus Helicopters South East Asia (AHSA) to the joint venture partner, Airbus Helicopters SAS (Airbus Helicopters) of France. The consideration for the 25% stake is €9.125 million (approximately S$14 million) which will be paid wholly in cash. AHSA

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Bombardier confirms closing of C Series transaction

The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE, Bombardier and Investissement Québec came into effect on July 1, 2018. Airbus now owns a 50.01% majority stake in C Series Aircraft Limited Partnership (CSALP), while Bombardier and Investissement Québec (acting as mandatory for the government of

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