Boeing has signed a contract with British Airways to provide component services for its 787 Dreamliner fleet. Under the 12-year agreement, Boeing will supply British Airways 787s with a carefully selected pool of high-value parts, enabling the airline to reduce its inventory management costs while improving component availability. Component Services, part of Boeing GoldCare, offers
Avolon, the international aircraft leasing company, has entered into an Exclusivity Agreement with Bohai Leasing granting Bohai exclusivity to negotiate with Avolon until September 7th, 2015 with respect to the possible acquisition of 100% of the issued and outstanding common shares of Avolon at a price of US$32 per share. During the Exclusivity Period, Bohai
NordStar Airlines has signed a GTA with AJW Engines to provide engine shop visit management services for CFM56-7B engines. AJW Group has worked with the airline for several years providing specialist component support; however this is the first time that AJW Engines’ specialist services have been integrated into the programme. An experienced team of professional
Embraer Executive Jets has delivered the first Legacy 500 midsize jet to a customer in Mexico. The aircraft will be operated by Transpaís Aéreo, a subsidiary of the Lomex Group Aeronautics Division. The Legacy 500 was awarded type certification from Mexican’s Civil Aviation Safety Authority in June.
BGS, an international provider of ground handling and aircraft fuelling services, announced its expansion to the Estonian market. The company is expecting to service its first customers at Tallinn Airport already in October, 2015. The newly established subsidiary of BGS named Baltic Ground Services EE OÜ will launch its operations by offering JET A-1 into-plane
Africa has been a dormant market for the Chinese airline industry since the loss-making China Southern’s Beijing-Dubai-Lagos route was suspended back in 2009 after the airline made a loss of CNY400m (US$64m). However a change in Chinese government policy now sees the implementation of a number of measures to break into the African market. China
Aergen Aviation Finance has acquired four mid-life, narrowbody passenger aircraft on lease to various airlines: Virgin America, Monarch Airlines, TAME, and South African Airways. Aergen is an aircraft leasing company led by Genise, a long-time industry executive, and a management team that has worked together for more than 25 years. The company raised an initial
Rolls-Royce and Hispano-Suiza (Safran) have named their joint venture Aero Gearbox International and announced plans to construct a new production plant in Poland. The news follows the signing of a final agreement, on 24th October 2014, to create a jointly-owned company that will design, develop, produce and support accessory drive trains (ADTs) for all of
After an extensive integration process following the association of LAN Airlines and TAM Airlines – during which the Group made great advances in achieving synergies for internal processes, network optimization, and fleet restructuring and modernization – LATAM Airlines Group has decided to adopt a single name and identity and announces that the new brand for
Hawker Pacific and Aeromil Pacific have entered into a definitive agreement under which Hawker Pacific has acquired Aeromil Pacific for an undisclosed amount. Aeromil Pacific, established in 1980, is one of the largest and most successful privately owned and operated aviation organisations in the region specialising in new Cessna aircraft sales, pre-owned aircraft sales, aircraft
