Avianca has signed a 15-year OnPointSM solution agreement with GE Aviation’s Services business for the maintenance and overhaul of the CFM56-5B engines that power the airline’s fleet of 50 Airbus A319 and A320 aircraft. The agreement is valued at more than $750 million. The maintenance and overhaul work will be performed at the GE’s Celma
EgyptAir has selected the Rolls-Royce Trent 700 to power an additional fleet of up to eight Airbus A330s, due for delivery from 2011. Including a TotalCare long-term services agreement, the contract is valued at around $500 million at list prices. The airline already operates a fleet of seven Trent 700-powered A330s and 16 Airbus A320-family
Babcock & Brown Aircraft Management reported the delivery of a new Boeing 737-800 aircraft to Transavia France on March 4, 2008, at Boeing Field in Seattle, Washington. The aircraft is the third of five new Boeing 737-800 aircraft that BBAM and its partner, Nomura Babcock & Brown Co., Ltd., have agreed to lease to Transavia
US Airways has chosen Trent 700 engines to power up to 30 Airbus A330-200 twinjets. The value of the new business is approximately $2 billion and includes two long-term TotalCare services agreements for the Trent 700 and RB211 engine fleets. The A330 order comprises engines for 15 firm and up to 15 additional aircraft. This
AerCap Holdings N.V. has signed agreements to lease 10 new Airbus A330-200 aircraft to the Russian national carrier Aeroflot for lease periods between nine and 10 years. The aircraft are part of the order for 20 A330s that AerCap placed with Airbus in December 2006 and increased by another 10 aircraft in March 2007. The
Gulfstream Aerospace announced the introduction of an all-new business jet: the Gulfstream G650. With its ultra-large cabin and ultra-long range, the G650 establishes a new price and performance point for business-jet aircraft. It is capable of traveling 7,000 nautical miles at 0.85 Mach or 5,000 nautical miles at 0.90 Mach. Using an advanced aerodynamic design,
Rolls-Royce announced its fourth new engine programme in a year with the introduction of the BR725. The engine will be the exclusive powerplant for Gulfstream
Babcock & Brown Air Limited has acquired five additional aircraft, increasing its portfolio to a total of 59 acquired and committed aircraft. The five new aircraft include: — One Airbus A319-112 on lease to Virgin America (US) — One Airbus A330-200 on lease to LTU (Germany) — Two Boeing 757-200s on lease to Icelandair (Iceland)
The Government of Iraq has placed a firm order for six CRJ900 NextGen airliners which will be used for civilian airline services in Iraq. The transaction includes options on an additional four CRJ900 NextGen aircraft. Based on the list price for the CRJ900 NextGen aircraft, the value of the firm contract is approximately $239 million.
The GEnx-2B engine that will power the new Boeing 747-8 airplane demonstrated 70,950 lbs. of takeoff thrust during ground testing on March 12th, at GE’s outdoor testing facility in Peebles, Ohio. Ground testing on the GEnx engine began with idle runs on February 29 and reached 70,950 lbs. of standard day sea-level takeoff thrust on
