March 11, 2021

Honeywell secures US$476 million engine production contract for U.S. Army Chinook fleet

Honeywell has won a four-year IDIQ (Indefinite Delivery, Indefinite Quantity) contract for new production and spare T55-GA-714A engines that power the U.S. Army’s CH-47 Chinook helicopters. This US$476 million contract award will ensure that the U.S. Army’s Chinook fleet has spare engines to support future missions and available engines for Boeing’s Philadelphia production line through …

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Icelandair and Titan Aircraft Investments agree sale-and-leaseback deal on two 767-300ERs

Aircraft & Engines, Top Stories

Titan Aircraft Investments has agreed to purchase two Boeing 767-300ER aircraft from Icelandair which will be converted to freighters and then placed on long-term leases to Icelandair. Titan Aircraft Investments is a joint venture between Titan Aviation Holdings and Bain Capital Credit, while Titan Aviation Holdings, which is a subsidiary of Atlas Air Worldwide Holdings …

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AerCap to acquire GE Capital Aviation Services

Financial, Top Stories

AerCap Holdings N.V. (AerCap), the global leader in aircraft leasing, has entered into a definitive agreement with General Electric under which AerCap will acquire 100% of GE Capital Aviation Services (GECAS), a GE business. The combined company will be an industry leader across all areas of aviation leasing, with over 2,000 owned and managed aircraft, …

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Lufthansa Technik to provide component support for MasAir

MRO & Production

Lufthansa Technik and the Mexican carrier MasAir Cargo Airline have signed a comprehensive Total Component Support (TCS®) contract covering repair and overhaul of components for MasAir’s Boeing 767F fleet. The new contract governs supply for up to 14 aircraft over a period of five years. This is the first contract signed directly between Lufthansa Technik …

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Acumen Aviation and Infinity Trading & Solutions announce strategic partnership

MRO & Production

Acumen Aviation (Acumen) and Infinity Trading & Solutions (ITS) have announced a new strategic partnership agreement.The two companies have entered into an aircraft and component services agreement, under the terms of which, Acumen will support ITS business activities within the India region. Through its well-established network, Acumen will support the sale and marketing of the …

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Aeroxchange and Cargolux expand relationship with new multi-service agreement

Information Technology

Aeroxchange has reported that Cargolux has selected AeroRepair® to automate its repair order management process. As an Aeroxchange network member since 2009, this new multi-service agreement also further extends Cargolux’s subscription to both AeroAOG® and AeroBuy® for another five years. AeroBuy, AeroRepair and AeroAOG are a part of Aeroxchange’s suite of e-commerce applications enabling airlines …

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Electric “elephant” de-ices aircraft at Munich Airport

Other News, Uncategorized

The fleet of de-icing vehicles at Munich Airport has now received particularly powerful and environmentally friendly support: the all-electric “Elephant e-BETA” from the Danish manufacturer Vestergaard has been in use at EFM, the company contracted for de-icing and aircraft towing at Munich Airport. According to the manufacturer, the “Elephant e-BETA” is the first electric de-icing …

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