Heike Tamm

AerFin and GE Aviation sign material service agreement

Wales-based aftermarket supply specialist AerFin signed a three-year TrueChoice™ Material agreement with GE Aviation for serviceable OEM parts, advanced repairs and technology upgrades for the CFM56, CF34 and CF6-80C2 engines. “Since its inception, AerFin has seen the value of OEM-centric material support,” said Bob James, CEO of AerFin. “With the TrueChoice™ Material program, we can […]

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Airbus shareholders approve appointment of three new independent non-executive directors

Airbus shareholders have approved the appointment of three new independent non-executive directors to replace long-serving Board Members whose mandates expired, at the close of its 2018 Annual General Meeting (AGM). Following the AGM’s approval, Victor Chu joins the Airbus Board of Directors for a term of three years. Mr. Chu, who is Chairman and Chief

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LHT and Asiana Airlines sign component services agreement for carrier’s Boeing 777 fleet

Lufthansa Technik and Asiana Airlines from South Korea, have signed a new, long-term agreement for Total Component Maintenance (TCM). The contract has a term of ten years starting in April 2018 and covers the nine aircraft in Asiana’s Boeing 777-200ER fleet. Component repairs will take place at Lufthansa Technik’s workshops in Hamburg. Lufthansa Technik also

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SIA Engineering Company signs IFEC maintenance agreement with Thales

SIA Engineering Company has signed an In-Flight Entertainment and Connectivity (IFEC) maintenance agreement with Thales. Singapore Airlines (SIA) had selected Thales’ AVANT IFE system and Ka-band connectivity solution for its fleet of A350 XWB aircraft configured for medium-haul operations. This IFEC maintenance agreement between SIAEC and Thales will support the SIA fleet for an initial

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Munich Airport reports record net annual profit of €155m for 2017

With consolidated earnings after taxes at around €155m, Munich Airport achieved the best result in its history in 2017. The Group again achieved a year-on-year increase of €100m in annual revenues to around €1.5bn – thanks in large part to a substantial 5.5% rise in total passengers to 44.6 million. The airport’s strong economic performance

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Qatar Airways sign Letter of Intent for five 777 Freighters

Boeing and Qatar Airways have signed a letter of intent to purchase five 777 Freighters. When the purchase is finalized, it will be posted to Boeing’s Orders and Deliveries website. “The addition of five 777 Freighters is a significant moment for our cargo division,” said His Excellency Mr. Al Baker. “As the world’s third-largest cargo

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MTU Maintenance Canada signs CF6-50 and accessory repair contract with Lockheed Martin

MTU Maintenance Canada and Lockheed Martin have signed two contracts covering the maintenance, repair and overhaul of CF6-50C2 engines as well as accessory repair for the engines. Combined, the contracts have a value of around US$135m. These contracts support Lockheed Martin in their maintenance program for KC-10 Extender refuelling tanker aircraft program on behalf of

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Mandarin Airlines adds Global Maintenance Agreement to partnership with ATR

ATR and Mandarin Airlines, a regional subsidiary of Taiwan’s flag carrier China Airlines, have signed a Global Maintenance Agreement (GMA). This comprehensive support package covers the repair, overhaul and pooling services of Line Replaceable Units, along with a door-to-door service through which ATR is providing transportation of spares to the airline’s facilities. This GMA covers

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Elbit Systems completes acquisition of Universal Avionics

Universal Avionics Systems Corporation (UA) has completed its acquisition by Elbit Systems. As a wholly-owned subsidiary of Elbit Systems, the company will lead commercial sales in North America for Elbit Systems’ Aerospace Division’s Commercial Aviation Business Line. “Combining our product offering with Elbit Systems’ strengthens our position in the market,” said Paul DeHerrera, UA Chief

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