AJW Engines is to provide engine shop visit management services for Cameroon Airlines Corporation (Camair-Co). An experienced team of professional engineers from AJW will manage all aspects of the shop visit for two PW4060 engines. Camair-Co has also signed a lease agreement with AJW Leasing for a replacement PW4060 engine which has been fitted to
Apollo Aviation Group (“Apollo Aviation”), a multi-strategy aviation investment manager, announced today that it raised US$833m for SASOF III, its third aviation fund. The amount raised is well in excess of SASOF III’s US$750m target. SASOF III, an institutionally-focused commingled private equity fund, follows on from SASOF and SASOF II where Apollo Aviation raised US$213m
Air Asia has yet to rebound from the financial pressure it has been placed under since the release of a damning financial report by Hong Kong-based analysts GMT Research in June this year. The report questioned the accounting practices, profit outlook, cash flow and structure of Asia’s largest low-cost airline based on fleet size. The
Kaman reported that its Aerospace segment has entered into an agreement to acquire Timken Alcor Aerospace Technologies, Inc. (TAAT) of Mesa, Arizona. TAAT designs and supplies aftermarket parts to support businesses conducting maintenance, repair, and overhauls (MROs) in aerospace markets primarily located in North America. Important factors in Kaman’s decision to acquire TAAT from The
Magellan Aerospace has been awarded a follow on contract to provide nose and main landing gear components and kitted assemblies to Messier-Bugatti-Dowty (MBD) for major commercial aircraft customers. Magellan has produced these complex machined components for MBD since 2009. The parts are manufactured in Magellan’s divisions in New York, NY, and Kitchener, ON, which are
Universal Avionics Authorized Dealer, Heli-One, completed installation of Universal Avionics UNS-1Fw Multi-Missions Management System (MMMS) and MFD-640 Multi-Function Display on a CHC Helicopter Airbus Super Puma aircraft. With a Supplemental Type Certificate (STC) in hand, rotorcraft operators have a mission-ready flight deck solution. The UNS-1Fw MMMS provides the operator with centralized control of the aircraft
LCI, the aviation leasing arm of the Libra Group, has finalised two long-term debt facilities to support over US$200m of incremental fleet growth in Australia. Westpac Banking Corporation will act as sole lender, security trustee and agent to support LCI’s recent multi-year agreement to lease four new AgustaWestland AW139 helicopters to Australia’s Westpac Rescue Helicopter
Munich based operator, MHS Aviation has taken delivery of it’s first Gulfstream G650, this also marks the debut of the aircraft in Germany. The G650 is the ultimate long-range business jet and flies up to 7,000 nm (12960 km) nonstop with 8 passengers. The aircraft gives MHS Aviation the capacity to conduct nonstop, fast flights
Following the news released on Friday that Air France intend to take substantial measures to help reduce expenditure, violence erupted at today’s management meeting when it was stormed by protesters. Xavier Broseta, Head of Human Resources, had the shirt ripped from his back as he made his way out, being forced to climb a fence
Rolls-Royce will invest nearly US$600m to modernize its manufacturing operations in Indianapolis and to conduct technology research, ensuring that Indiana remains a leader in the aerospace industry for decades to come. The modernization plan will enable the company to become more competitive by replacing outdated facilities and accelerating the introduction of new and advanced manufacturing
