Heike Tamm

GE Aviation awarded U.S. Army contract to produce 1,700 T700 engines

The U.S. Army has awarded GE Aviation an Indefinite Delivery Indefinite Quantity contract for the continued production of T700 turboshaft engines in support of Army, Navy, Air Force, Marines, Coast Guard, Foreign Military Sales (FMS) and other government agency program requirements through 2024. The production contract is valued at more than US$1 billion for as […]

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Bombardier delivers first customer aircraft fueled with SAF to Latitude 33 Aviation

Latitude 33 Aviation, a private jet charter, executive jet management, and aircraft sales and acquisitions company based in California, has taken delivery of the first Bombardier customer aircraft to fly away on sustainable aviation fuel (SAF). Latitude 33 Aviation will manage and charter the Challenger 350 business jet in Seattle, WA, on behalf of the

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Aircraft End-of-Life Solutions purchases two Boeing 737-700 airframes from ELFC

Aircraft End-of-Life Solutions (AELS) has bought two Boeing 737’s, MSN 28315 with registration LN-RNN and MSN 28317 with registration LN-RPK, from Engine Lease Finance Corporation (ELFC). Both aircraft were last operated by SAS since new and were responsible for almost 20 years of reliable and safe service. AELS will disassemble and dismantle the aircraft according

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Qatar Airways and SriLankan Airlines sign codeshare expansion

Qatar Airways will expand its codeshare cooperation with SriLankan Airlines, starting from December 23. The expanded codeshare agreement will be rolled out in phases and once fully implemented will allow SriLankan Airlines’ passengers to book travel to 33 additional Qatar Airways destinations in Europe, America, and Africa. Combined with the two airlines’ existing codeshare agreement,

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Juneyao Air takes delivery of first A320neo aircraft powered by Pratt & Whitney GTF™ engines

Juneyao Air has taken delivery of its first A320neo aircraft powered by Pratt & Whitney GTF™ engines. A delivery ceremony was held at the Airbus Tianjin Delivery Centre with representatives from Airbus, Juneyao Air, and Pratt & Whitney in attendance. The Shanghai-based Juneyao Air operates a modern fleet, of which 17 aircraft are V2500®-powered Airbus

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IAG Engine Center Europe receives CAAC certification approval

IAG Engine Center Europe, S.r.L. has received the Civil Aviation Administration of China (CAAC) certification approval.  IAG Engine Center Europe complies with the requirements of China Civil Aviation Regulation (CCAR) Part 145. The company is permitted to perform component maintenance and specialized services. “We are excited to expand our global footprint and gain access to

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Lockheed Martin looks to acquire bankrupt Vector Launch assets

In its filing for bankruptcy last Friday (Dec. 13) Vector Launch (Vector), U.S. aerospace and defense company, has stated that Lockheed Martin Corp (Lockheed Martin) intends to acquire its GalacticSky-related assets for US$4.25 million while also providing a loan of US$2.5 million so that it can continue operations. However, the bid for the satellite technology

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Qantas selects Airbus A350-1000 as preferred aircraft for Project Sunrise

Qantas has announced several important developments for Project Sunrise ahead of a final go/no go decision, which will now take place in March 2020, the airline stated on its website. After detailed evaluation of the Boeing 777X and Airbus A350, Qantas has selected the A350-1000 as the preferred aircraft if Sunrise proceeds. This aircraft uses

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Monocle Acquisition and AerSale announce merger agreement

Monocle Acquisition, a public investment vehicle, and AerSale®, a leading integrated, global provider of aviation aftermarket products and services, have entered into a definitive agreement to merge in a transaction with an implied enterprise value of approximately US$430 million, equating to approximately 6.3x AerSale’s forecasted 2020 Adjusted EBITDA. The combined company, which will be named

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