Serco awarded US$187m Federal Aviation Administration Air Traffic Control contracts

April 17, 2015

Serco, a provider of professional, technology and managed services, announced the award of two contracts to continue its 20-plus years of supporting the Federal Aviation Administration’s (FAA) Contract Tower (FCT) Program. Serco will provide air traffic control specialists, safety managers, and program management services in support of 58 Air Traffic Control Towers (ATCTs) in 11

Embraer delivers 20 commercial and 12 executive jets in 1Q15

April 17, 2015

During the first quarter of 2015, Embraer delivered 20 jets to the commercial aviation market and 12 to the business aviation market, for a total of 32 aircraft. On March 31st, 2015, the firm order backlog totaled US$20.4bn. During the first quarter of 2015, Embraer announced a firm order for 15 E175s and two E190s

FLY Leasing acquires Boeing 737-800

April 17, 2015

FLY Leasing Limited has acquired a Boeing 737-800 aircraft manufactured in 2008. The aircraft is on lease to a leading airline in Europe. With the addition of this Boeing 737-800, FLY now has a total of 55 B737-800s in its growing fleet,” said Colm Barrington, CEO of FLY. “We are on track to invest US$750m

Finnair signs 12-Year V-Services Fleet Hour Agreement with IAE

April 17, 2015

Finnair has signed an exclusive, 12-year V-Services Fleet Hour Agreement to manage 10 V2500 engines. The agreement will cover installed engines on five Airbus A321ceo aircraft. The V2500 engine is offered through International Aero Engines, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero

Airbus plans 10% share buyback and to adopt European Company status

April 16, 2015

In a move designed to allow the Airbus board sufficient flexibility to distribute part of the proceeds from divestments, the Airbus Group intends to ask its shareholders to approve an exceptional share buyback of up to 10% of its capital at its annual meeting scheduled for May 27th. This exceptional buyback is totally separate from

MTU Maintenance completes 15,000 engine shop visits

April 16, 2015

MTU Maintenance is celebrating 15,000 completed engine shop visits since the foundation of the company 35 years ago. The jubilee engine, a CF34-10E was delivered to Aeroméxico Connect which has been a customer of MTU Maintenance since 2010. MTU Maintenance is one of the top 5 engine maintenance, repair and overhaul (MRO) providers in the

Lufthansa Technik signs 10-year component supply agreement with U.S. Carrier Frontier Airlines

April 16, 2015

Hamburg-based maintenance, repair and overhaul (MRO) provider Lufthansa Technik AG and U.S. low-cost carrier Frontier Airlines have signed a comprehensive long-term component supply agreement for the airline’s current and future fleet of Airbus A320 aircraft. The contract will run through November, 2024. The Total Component Support (TCS) agreement covers component overhaul and engineering services as well as

Global Eagle's Satellite Connectivity System scheduled for install on initial launch of Boeing 737 MAX in 2017

April 16, 2015

Global Eagle Entertainment (GEE), a market-leading media and connectivity company to the travel industry reported that Southwest Airlines has chosen GEE’s Ku-band global satellite connectivity system to be factory installed on its orders for the Boeing 737 MAX. Southwest is Boeing’s launch customer for the 737 MAX program and expects to take the first deliveries

Air Lease Corporation announces lease placement of new Boeing 787-9 with Aeromexico

April 16, 2015

Air Lease Corporation (AL) announced a long term lease agreement with Aeromexico for one new Boeing 787-9 aircraft. This aircraft is from ALC’s order book with Boeing and is scheduled for delivery in fall 2016.

LOT Polish Airlines posts 2014 profit on core business

April 16, 2015

LOT ended 2014 in the black. With more than PLN 99 million (US$26 m) profit on its core business of flying, LOT earned 40% more than it planned. This is the company’s first profit in seven years. The company owes its positive results to consistent changes and initiatives included in the Restructuring Plan. Most of them

Top Stories

Serco awarded US$187m Federal Aviation Administration Air Traffic Control contracts

Embraer delivers 20 commercial and 12 executive jets in 1Q15

FLY Leasing acquires Boeing 737-800

Finnair signs 12-Year V-Services Fleet Hour Agreement with IAE

Airbus plans 10% share buyback and to adopt European Company status

MTU Maintenance completes 15,000 engine shop visits

Lufthansa Technik signs 10-year component supply agreement with U.S. Carrier Frontier Airlines

Global Eagle's Satellite Connectivity System scheduled for install on initial launch of Boeing 737 MAX in 2017

Air Lease Corporation announces lease placement of new Boeing 787-9 with Aeromexico

LOT Polish Airlines posts 2014 profit on core business

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