Lufthansa Technik AG and GE Aviation will create a new, state-of-the-art engine overhaul facility in Europe to service GEnx-2B and GE9X engines. Under terms of a memorandum of understanding (MOU), the new joint venture is expected to be operational in 2018. Closing of the joint venture is subject to receipt of required regulatory approvals. The
Boeing has awarded Liebherr-Aerospace another contract for the Boeing 777X: the system supplier will deliver two components – the power drive unit and the hydraulic motor – for the leading edge actuation system of the new wide-body aircraft. Relying on its experience in high-lift systems, and especially in gearboxes and hydraulic motors for long-range commercial
Aircastle Holding, which is a subsidiary of Aircastle Limited, signed a firm order at the International Paris Air Show for 25 E-Jet E2s, consisting of 15 E190-E2s and 10 E195-E2s with an additional 25 purchase rights for 15 E190-E2s and 10 E195-E2s, bringing the total potential order to up to 50 aircraft. The transaction will
The Qantas Group has entered into a multi-year OnPoint solution agreement with GE Aviation covering the GEnx-1B engines that power Jetstar’s fleet of Boeing 787 Dreamliner aircraft. The agreement is valued at more than US$550m over its life and ensures GE will provide the maintenance, repair and overhaul for Jetstar’s GEnx-1B engines. The Jetstar Group
Vietnam Airlines has signed a long-term component support contract for its new fleet of Boeing 787-9s and Boeing 787-10s, which will upgrade its long-haul fleet. A total of nineteen aircraft are on order, the first of which will go into revenue service in summer 2015. The present contract includes a guaranteed access to AFI KLM
Japan Air Commuter – a JAL Group Company- and the European turboprop aircraft manufacturer ATR announced the signature of a contract for the purchase of 8 firm ATR42-600s, plus 1 option and 14 purchase rights, valued at US$496m. The signature of this deal represents a major milestone for ATR, as it represents the 1500th ATR
Europe Airpost has chosen AJW Aviation to provide full power-by-the-hour services for twelve Boeing 737 Classic aircraft. AJW will also locate extensive main base kit at their facility in Paris CDG. Location of spares inventory in Paris CDG is an enormous advantage for Europe Airpost and it is evidence of AJW’s policy to ring the
Spain’s Canary Islands airline Binter signed an agreement for the purchase of additional six new ATR 72-600 aircraft, following their first batch for six ATR 72-600s in February 2014, bringing total orders for ATR aircraft to thirty. The new ATR order is a part of the Binter’s fleet modernization and network improvements program. By progressively
GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE, announced a firm order for 60 Airbus A320neo family aircraft. All of the aircraft will be powered by CFM’s LEAP-1A engines. The agreement was jointly posted by GECAS President and CEO Norman C.T. Liu and Airbus Chief Operating Officer, Customers John Leahy.
Air Lease Corporation (AL) announced new long term lease contracts with Vietnam Airlines that converted the formerly contracted eight Boeing 787-9 aircraft to eight new Boeing 787-10s. These aircraft are from ALC’s order book with Boeing and deliveries are scheduled to begin in 2019 and continue through 2021. The Boeing 787-10 Dreamliner will be the
