25 February 2020

Boost for Boeing as ANA places order for 15 787 Dreamliners worth US$5 billion

Having failed for the first time in many years to secure any orders in the month of January, Boeing has confirmed that Japan’s ANA Holdings Inc (ANA) has placed an order for 15 more 787 Dreamliners worth an estimated US$5 billion at list price. However, the news is not so good for Roll-Royce who had […]

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EngineStands24 signs engine stand maintenance agreement with Rhinestahl CTS

EngineStands24, a subsidiary of Magnetic MRO, and Rhinestahl CTS, authorized provider of aviation and gas turbine engine tooling to GE, CFM and Rolls-Royce, have signed an engine stand service agreement, covering the maintenance service of EngineStands24 stands pool for all the company’s global hubs. According to the agreement, Rhinestahl CTS will be responsible for managing

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American Airlines and Qatar Airways sign new strategic partnership deal

American Airlines has renewed its codeshare agreement with Qatar Airways, a premier carrier and member of the oneworld® alliance in the Arabian Peninsula. This is the first step in building a strategic partnership between the airlines that will increase commercial cooperation, bolster connectivity and create new travel options for customers. Following restoration of the codeshare,

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Emirates and Spairliners sign GTA for component support of Emirates’ A380 fleet

Emirates and Spairliners have signed a General Terms Agreement (GTA) to provide component aftermarket solutions for Emirates’ A380 fleet. Ammar Al-Zaben, Emirates’ Vice President Procurement Aircraft, added: “Component support for any aircraft is critical. But the complexity is multiplied many times over when it’s for the largest passenger aircraft – the A380s, and specifically for

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Seabury Capital establishes new financing arm to deliver advanced support for global aircraft market

Seabury Capital Group (Seabury Capital) has announced the formation of Seabury Aircraft Capital (SAC) through a combination of its existing advisory practices and the acquisition of an investment banking firm Structured Finance International (SFI) whose professionals have arranged over the past 20 years aircraft financing with an aggregated acquisition costs exceeding US$18 billion (in 2020

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Elbe Flugzeugwerke achieves STC for A321 Freighter conversion

Elbe Flugzeugwerke (EFW), the joint venture of ST Engineering and Airbus, has received supplemental type certification for its A321 Passenger-to-Freighter (P2F) conversion from the European Union Aviation Safety Agency (EASA). The Supplement Type Certificate (STC) comes one month after the prototype unit, to be redelivered to launch customer Vallair, made its maiden flight test on

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