Air China has selected Rolls-Royce Trent 1000 engines and long-term TotalCare support. The engines will power 15 new Boeing 787-9 Dreamliner aircraft. The decision continues a strong relationship with the airline, which has 49 Trent 700-powered Airbus A330 aircraft in service, with four to be delivered, and ten Trent XWB-powered Airbus A350XWB aircraft on order.
Avioserv, an established late-life aircraft engine parts management company based in San Diego, has been acquired by Aergen Leasing (“Aergen”). Avioserv specializes in the sale, lease and trading of engine parts, engine components and whole engines to airlines, repair facilities and parts distributors. The combined companies have raised an initial US$200m of committed equity capital
AAR reported third quarter fiscal year 2015 consolidated sales of US$380.1m and net loss of US$34.5m after discontinuing operations of Telair Cargo Group and Precision Systems Manufacturing. For the third quarter of the prior fiscal year, the Company reported sales of US$399.8m and net income of US$17.9m. Third quarter fiscal year 2015 income from continuing
Global aviation educator Airways Aviation is opening its latest Aviation Theory School in Baghdad later this month, paving the way for aspiring Iraqi pilots to launch their flying careers. The new Iraqi school, equipped with modern teaching facilities including a flight simulator, is located in the education precinct close to the University of Baghdad and
Boeing and All Nippon Airways finalized an order for three 787-10 Dreamliners, valued at approximately US$900m at list prices. With this order, originally announced as a commitment in January 2015, ANA becomes Boeing’s newest 787-10 customer and first airline in Asia to operate the entire family of 787 Dreamliners. ANA, the launch customer of the
London Oxford Airport reports a steady increase in Business Aviation activity over the last twelve months. For the period February 2014 to February 2015 the airport reports a growth of 7.5 % year on year in commercial business aviation flights (those flown by AOC operators). In particular it notes a peak growth for the period
Embraer announced a firm order for 15 E175s and two E190s from KLM Cityhopper, KLM’s regional subsidiary. The contract for the 17 E-Jets also includes an option for 17 additional E-Jets for KLM Cityhopper or Air France regional subsidiary HOP! The firm order, which will be included in Embraer’s 2015 first-quarter backlog, has an estimated
Bruce Aerospace has been awarded a contract to supply LED lamp replacements for the various versions of the SAAB 340 and 2000 Series Aircraft. The Bruce LED Lamp offers a Plug & Play replacement for the existing T5 fluorescent lamps. This modification involves removal of the existing ballast units which in turn will increase reliability
airberlin reported a preliminary operating result (EBIT) of €-278.8m to €-303.8m in the 2014 fiscal year (2013: €-231.9m) – a business year dominated by high restructuring costs. Total revenue for 2014 was €4.16bn (2013: €4.15bn) – an increase of 0.3% from the previous year. Allowing for expenses of €85m-€110m, which were incurred for the turnaround,
Avolon, the international aircraft leasing company, delivered a new A321 aircraft to Philippine Airlines (PAL). The delivery is Avolon’s sixth aircraft on lease to PAL, comprising five A320 family aircraft and one A330 aircraft.
