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Ionbond receives certification from Airbus

Ionbond reported that Airbus S.A.S has certified the Greensboro NC, USA coating center for the production of PVD coatings according to Airbus process specifications (AIPS). The certification will allow the facility in Greensboro to provide coatings to Airbus directly and through its suppliers. Ionbond has been a supplier to Airbus in Europe for a number

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Doric structures aircraft investments for family offices

Doric has structured investments in four regional aircraft for two family offices. Doric took delivery of the ATR72-500s in Finland at the end of March 2015. Each plane is leased to Finnair for a period of eight years. Three of the aircraft were 100% equity financed; one aircraft was part-financed by NordLB. In addition to

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HAESL receives first Rolls-Royce Trent XWB engine

HAECO Group announced that Hong Kong Aero Engine Services Limited (“HAESL”), the Group’s engine services facility in Hong Kong, has taken delivery of its first Rolls-Royce Trent XWB engine. The engine will support the crosscalibration of HAESL’s test cell, marking an important milestone in the company’s progress towards development of full Trent XWB capability. HAESL

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Air China selects Rolls-Royce Trent 1000 engines

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.

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Aergen Leasing acquires Avioserv

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

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AAR reports third quarter fiscal year 2015 results

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

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Airways Aviation opens new pilot foundation school in Iraq

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

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Boeing and ANA finalize order for three 787-10 Dreamliners

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

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London Oxford Airport reports business aviation movements on the up

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

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