January 6, 2020

Boeing looking to raise up to US$5 billion in debt to mitigate 737 MAX problems

Though not strapped for cash with approximately US$20 billion currently available based on third-quarter figures, Boeing is considering increasing its debt in light of ongoing 737 MAX problems, according to the Wall Street Journal. With failure to see the stricken 737 MAX back in service after two fatal crashes, Boeing has decided to halt production […]

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Pratt & Whitney names Carroll Lane President of Commercial Engines

People

Pratt & Whitney has announced that Carroll Lane has assumed the role of President of the company’s Commercial Engines business, reporting to Pratt & Whitney President Christopher Calio. Lane succeeds Chris Calio in this role, who was named President of Pratt & Whitney last year, with an effective date of January 1, 2020, succeeding Bob

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AerSale Component Solutions receives FAA approval to overhaul landing gear

MRO & Production

AerSale Component Solutions, a division of AerSale, has received approval from the Federal Aviation Administration (FAA) to overhaul Boeing 737, 757, and 767 series aircraft landing gear. FAA approval to overhaul landing gear for the Airbus A320 family of aircraft is expected in the coming months. “We are committed to providing our customers with a

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Jet Parts Engineering acquires Aero Parts Mart

Financial

Jet Parts Engineering (JPE), a leading PMA parts supplier, has reported the acquisition of Aero Parts Mart (APM). APM is a Fort Worth, TX-based engineering design company that provides cost-savings solutions through the design, production, and distribution of products to the regional segment of the aviation industry. “It was critical that I find the right

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AviaAM Financial Leasing China acquires Boeing 737-800 with lease attached

Aircraft & Engines

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has acquired one more Boeing 737-800. The aircraft joined the fleet with a lease agreement attached to the

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Aventure Aviation starts new year with new CRJ200 inventory

MRO & Production

Aventure Aviation has acquired for teardown two Bombardier CRJ200 airframes (MSN 7344 and 7397) from Beautech Power Systems. The dismantling will commence in Kingman, Arizona, USA. All harvested parts will be inspected on-site, and shipped to Aventure Aviation’s main facilities in Peachtree City, Georgia, U.S.A., located near Atlanta’s Hartsfield-Jackson International Airport.

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Delta Helicopters to boost efficiency with WinAir Version 7

Information Technology

Delta Helicopters will be upgrading to WinAir Version 7. Having used two previous versions of WinAir’s software for the past 16 years, the company determined that a move to a more robust and browser-based version of the software would be a significant benefit to its entire operation. As a result, WinAir’s Product Implementation team will

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STS Aviation Group acquires Airbase Services

Financial

STS Aviation Group (STS) has acquired Airbase Services / Les Services Airbase (Airbase), an aircraft interiors maintenance, repair and management specialist based out of Montreal, Quebec, Canada. With this acquisition, STS formally enters the Canadian MRO market as Airbase has four Transport Canada-approved facilities in YUL, YYZ, YWG and YVR. The sale is being publicized

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Spirit Airlines and Airbus finalize order for 100 A320neo Family aircraft

Aircraft & Engines

U.S.-based Spirit Airlines has finalized a purchase agreement with Airbus for 100 A320neo Family aircraft. In October, the two parties have signed a memorandum of understanding (MoU) for the purchase of up to 100 of the aircraft – a mix of A319neo, A320neo, and A321neo – to meet the airline’s future fleet requirements. Spirit Airlines

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Interglobe Aviation to call EGM over share rules for its offshoot, IndiGo Airlines

Financial, Top Stories

As a the result of a long-running spat between IndiGo’s co-founders, Rakesh Gangwal and Rahul Batia, parent company Interglobe Aviation has called an extraordinary general meeting for January 29 to give consideration to a proposal by Rakesh Ganwal who, with the Chinkerpoo family trust and Shobha Gangwal, holds a 37% stake in the company through

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