A new joint venture for the repair and overhaul of jet engine nacelles in the Middle East region has been created by Air France Industries and Aircelle, Safran group. This 50/50 joint venture is to be based at Dubai
Macquarie AirFinance has become the first leasing company to achieve the TRUEngine designation for CFM56-5B and CFM56-7B engines in its portfolio. AirTran Airways has also achieved TRUEngine status for 102 of the CFM56-7B engines powering the airline
Honeywell released that they have been selected as one of the 15 industrial companies, Air Navigation Service Providers and Airports that joined Eurocontrol and the European Commission in the Single European Sky Air Traffic Management (ATM) Research Joint Undertaking (SESAR JU). The SESAR JU represents the technology pillar of the Single European Sky, an initiative
The Tata Group and Sikorsky Aircraft Corp. completed an agreement for Tata Advanced Systems Limited (TASL) to manufacture Sikorsky S-92 helicopter cabins in India. The first cabin is scheduled for delivery in late 2010 from a new greenfield facility that TASL will construct at Hyderabad in the state of Andhra Pradesh. Tata Advanced Systems is
Aviation Capital Group reported that it plans to use a new financing structure in conjunction with the Export-Import Bank of the United States (Ex-Im) for aircraft financing. This new structure taps capital markets that have been largely closed to commercial aviation since the credit market crisis began last September. The transaction provides for the capital
PPG Industries
Boeing forecasts a $3.2 trillion market for new commercial airplanes over the next 20 years and takes into account the industry’s near-term realities, including a global economic recession, declining passenger and cargo traffic, and unpredictable fuel prices. The Boeing 2009 Current Market Outlook (CMO), which was released in London June 11th, foresees a market for
Volvo Aero has issued notices of termination of employment to 160 white collar employees in Trollh
Air Transport Services Group announced the commencement of new wide-body freighter service for Qantas Freight between Australia and New Zealand, and for DHL between Europe and Africa. ATSG said its subsidiary Air Transport International (ATI) is scheduled to begin providing wide-body ACMI (Aircraft, Crew, Maintenance and Insurance) service for Qantas Freight between Australia and New
The final Boeing 767 in United Airlines’ international fleet has been upgraded with fully lie-flat beds in United First and United Business. Customers traveling on an international United flight on a B767 are now ensured they will enjoy the comfort and relaxation of United’s new International Premium Travel Experience. United has completed 18 of 24
