On July 21st, Lufthansa Technik’s new facility in Aguadilla, Puerto Rico has started operations with its first overhaul line on time. Just 11 months after ground-breaking in August 2014 the first Airbus A320 from US-carrier Spirit Airlines arrived for a C-Check. Lufthansa Technik Puerto Rico (LTPR) is FAA Part 145 and EASA Part 145 approved.
EVA Airways confirmed an order for five GE90-115B-powered Boeing 777 Freighter and signed a 12-year OnPoint solution agreement for the maintenance, repair and overhaul that covers these GE90 engines. The engine order and OnPoint solution agreement are valued at more than US$750m at list price over the life of the agreement. Aircraft delivery will begin
United Technologies has reached an agreement to sell its Sikorsky Aircraft business to Lockheed Martin for US$9bn in cash. The transaction, which is subject to regulatory approvals and customary closing conditions and adjustments, is projected to close by year-end or in the first quarter of 2016. Proceeds from the sale are expected to be used
Boeing released a new forecast showing continued strong demand for commercial airline pilots and maintenance technicians as the world’s airlines add 38,000 airplanes to the global fleet over the next 20 years. Boeing’s 2015 Pilot and Technician Outlook projects that between 2015 and 2034, the world will require 558,000 new commercial airline pilots and 609,000
Honda Aircraft Company announced today that it is expanding sales of the HondaJet for the first time to South America. Sales will begin in Brazil with the HondaJet making its first appearance at the 2015 Latin America Business Aviation Convention and Exhibition (LABACE) in São Paulo, Brazil, Aug. 11th to 13th. With the expansion into
Air Lease Corporation announced long term lease agreements with Frontier Airlines, an ultra-low-cost carrier based in the United States, for two new Airbus A320-200s. These aircraft are from ALC’s order book with Airbus and will deliver in the second and third quarters of 2016.
Boeing will recognize a charge on the KC-46 aerial refueling tanker program when it announces second-quarter 2015 results on July 22. The after-tax charge of US$536m reflects higher estimated engineering and manufacturing costs to complete development, certification and initial production of the tanker aircraft, while holding to the program schedule for initial production deliveries in
OEMServices celebrated the official opening of its new service center and headquarters. More than 100 prestigious guests, airlines, OEM and officials were invited to visit the new facilities and share a festive moment between major players of the aerospace industry. Connected to Roissy CDG, this new platform provides 70,000 ft² dedicated to OEMServices’ customers. The
International AirFinance Corporation (IAFC) selected Rolls-Royce to provide Trent 700 engines, worth US$930m, for 20 Airbus A330 Regional aircraft. Moulay Omar Alaoui, International AirFinance Corporation, President and CEO, said: “We selected the Trent 700 as the best solution in terms of economics and reliability.”
Rolls-Royce has been selected by SAUDIA, the national carrier of Saudi Arabia to provide long-term TotalCare engine service support, worth US$1.3bn, for 20 Airbus A330 Regional aircraft. The Trent 700 is the market leader on the A330 with more than 60% of new orders over the last three years. The Trent 700 now accounts for
