Low-cost Irish carrier Ryanair has announced it is halving its growth plans for 2020 as a consequence of the grounding of the Boeing 737 MAX jet. As one of Boeings largest customers, Ryanair was anticipating having 58 of the single-aisle jets delivered and operational by summer next year. However, in a statement by company CEO …
Ryanair’s growth plans for 2020 halved due to 737 MAX delays Read More »
The Federal Aviation Administration has approved IAG Engine Center USA’s Pratt & Whitney 4000 engine series certification. Strategically located near the Miami International Airport, IAG Engine Center USA will be providing engine MRO repair services ranging from hospital repairs to full overhauls for the PW4000 series of engines. The recent IAG Engine Center Europe …
IAG Engine Center USA receives FAA PW4000 engine series certification Read More »
Farsound Aviation has been acquired by AGIC Capital, a leading European-Asian private equity company focused on industrial and medical technology investments in Europe. Farsound Aviation will now have new resources and capabilities to continue developing and growing its supply chain solutions capability, and with the support of AGIC, exploit further opportunities particularly in Asia. Farsound …
Farsound Aviation acquired by private equity company AGIC Capital Read More »
Kellstrom Defense Aerospace (KDA) has appointed Michael Farmer as vice-president of life extension products (LEP) for the engineered products business segment. Farmer will be responsible for the overall leadership of the LEP business team focused on the development and deployment of proprietary intellectual property for the life extension of critical aircraft equipment and systems. The …
Kellstrom Defense appoints Michael Farmer as Vice-President of Life Extension Products Read More »
The first Boeing P-8A Poseidon (ZP801) for the United Kingdom Royal Air Force (RAF) took off from Renton, Wash. on July 12, marking the first flight of this inaugural UK P-8A. During the 90 minute flight key testing took place before the aircraft touched down and moved to the next phase of preparation before customer …
First Boeing P-8A Poseidon for United Kingdom takes flight Read More »
BOC Aviation has signed an agreement to sell a portfolio of 17 aircraft to Silver Aircraft Lease Investment I and affiliates (SLVRR 2019-1). To finance a portion of the purchase of the aircraft portfolio, SLVRR 2019-1 has issued three tranches of notes, comprising US$443 million of 3.97% Series A notes (A, Kroll / Fitch Ratings), …
BOC Aviation sells 17 aircraft to Silver Aircraft Lease Investment Read More »
Aviation Inventory Resources (AIR) has acquired the assets of AIM Aircraft Spares, the Peachtree City, Georgia based distributor of AIM Altitude products. Concurrent with this acquisition AIM Altitude UK has appointed AIR exclusive distributor for the Americas for all AIM Altitude products. The AIM Aircraft Spares operation will be integrated into AIR’s worldwide headquarters in …
Aviation Inventory Resources acquires assets of AIM Aircraft Spares Read More »
In a major step forward in the development of a new world-class airport, the Port Authority has reached an agreement with EWR Terminal One LLC, a 100% subsidiary of Munich Airport International GmbH (MAI), to operate and maintain the US$2.7 billion Terminal One now under construction at Newark Liberty International Airport (EWR). MAI will operate …
Munich Airport International expands activities in the USA Read More »
Willis Lease Finance has entered into an agreement to provide ConstantAccess™ Platinum to a major European operator for a fleet consisting of 40 engines. The agreement will provide guaranteed availability of spare engines for both planned, and unplanned removals. “We are finding a greater number of airlines, both legacy operators as well as low cost …
Willis Lease signs ConstantAccess™ agreement with major European Airline Read More »
Component Control held their 14th annual QUE Group user conference from June 18th – June 20th on Coronado Island. The members-only conference reviewed the transformative year Component Control has had in developments and highlighted upcoming enhancements and innovations to be released. Through interactional workshops and round tables, users from over 100 companies expressed their satisfaction …
Component Control hosts successful QUE Group 2019 conference Read More »
