27 January 2019

Boeing delivers first two KC-46A Pegasus tankers to U.S. Air Force

The first two Boeing KC-46 Pegasus aircraft departed Everett’s Paine Field the morning of January 25, for McConnell Air Force Base, where the 22nd Air Refueling Wing will be the first unit to have the newest air refueling tankers. McConnell, in Wichita, Kan., will receive two more tankers in the weeks ahead. Then Oklahoma’s Altus […]

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American Airlines unveils new maintenance hangar at O’Hare International Airport

American Airlines has opened a new hangar at its hub at Chicago O’Hare International Airport (ORD) on January 25. The new facility, dubbed Hangar 2, is the largest hangar on the airfield at ORD, and its completion marks the carrier’s latest milestone reached in a series of major investments in Chicago. The US$215 million investment

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Alaska Air Group reports fourth quarter net income of US$23 million

Alaska Air Group has reported fourth quarter 2018 GAAP net income of US$23 million, compared to US$315 million in 2017. Excluding the impact of merger-related costs, other special items, and mark-to-market fuel hedge adjustments, the company reported fourth quarter adjusted net income of US$93 million, compared to adjusted net income of US$88 million in the

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GKN Aerospace delivers 10,000th standard parts order to RNLAF

In December 2018, GKN Fokker Services delivered its 10,000th order for standard parts to the Royal Netherlands Air Force (RNLAF). The order was delivered at the Air Force Base of Eindhoven. This milestone was reached 18 months after the implementation of the  total support contract. This customized solution is offered by GKN Fokker Services in

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JAL and Marubeni to establish Business Jet Service company

Japan Airlines (JAL) and Marubeni have announced the establishment of a new business jet company to meet the expanding demand of the service in Japan. Services will include the arrangement of the charter flight, management of the privately owned aircraft and provide operational and concierge services to business jet operators and to customers flying to

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Liebherr to supply Boeing 787 Nose Wheel Steering Remote Electronic Unit

Liebherr-Aerospace has been selected by Boeing to deliver the Nose Wheel Steering Remote Electronic Unit for the 787 Dreamliner. This contract from Boeing marks an important milestone in Liebherr’s stand-alone electronics strategy to bring the modular technology of ultra-versatile remote electronic units to the skies. One unit of the Remote Electronic Unit (REU) is installed

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Vx Capital Partners closes all-freighter aircraft securitization

Vx Capital Partners (Vx) has closed its inaugural asset-backed deal, becoming the first issuer since 1999 to securitize an all-freighter portfolio. The loan-format issuance generated US$189 million across three classes of term loans, secured by thirty-five 737 Classic freighters. Most of the aircraft were originally acquired in passenger configuration by Vx and subsequently converted and

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