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MTU Aero Engines develops new turbine blade material

MTU Aero Engines’ materials experts and their partners have jointly developed a new class of unique, intermetallic high-temperature materials for highly stressed engine components: Titanium aluminide (TiAl) is the name of the new lightweight material for turbine blades that combines the advantages of metallic and ceramic materials, offering the best of both worlds. The job

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Airbus celebrates delivery of its 9,000th aircraft

Airbus has celebrated the delivery of its 9000th aircraft at a ceremony in Hamburg, Germany on 20th March 2015. The aircraft is the first A321 to be delivered to Vietnamese carrier VietJetAir and will join the carrier’s all-Airbus A320 Family fleet flying on its fast-growing Asia-Pacific network. VietJetAir first took to the skies at the end

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Economic downturn in Russia and the Ukraine hits Fraport hard

The massive devaluation of the rouble has seen Fraport AG affected quite heavily by the change in travelling and spending habits of Russians and Ukrainians. Fraport runs the world’s third largest airport at Frankfurt, as well as having other relevant financial investment with a 50% stake in Turkey’s Antalya airport, and a 35.5% stake in

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PK AirFinance arranges and closes secured loans on Embraer E170 aircraft with Republic Airways

PK AirFinance, a GECAS Company, closed two separate senior debt facilities with Republic Airways. PK AirFinance arranged US$81m in secured debt financing for Embraer 170LR aircraft in Republic’s fleet, holding the US$66m senior loan and a junior lender holding the US$15m tranche on the five-and-a-half year package. Separately in late 2014, PK AirFinance closed a five-year, US$30m

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Lufthansa Technik delivers Zero-G aircraft back to Novespace

Having arrived in Hamburg as a former German government aircraft, this very special Airbus A310 has now left Hamburg again in a completely new role. Lufthansa Technik AG has delivered the new Zero-G aircraft to its French owner Novespace following extensive modifications. The former 10+21 “Konrad Adenauer” bearing the registration F-WNOV will operate in the

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CIRCOR Aerospace & Defense California completes AS9100 Rev C Re-Certification audit

CIRCOR Aerospace has been recommended for recertification to ISO 9001:2008 + AS9100 C by its registration partner SAI Global, after recently completing a recertification audit with resulting three minor non-conformances. AS9100 is the internationally recognized Quality Management System standard specialized to the aerospace industry. “This achievement shows the CIRCOR Aerospace commitment to quality, customer satisfaction, and

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Finnair finalizes sale and leaseback of three Embraer 190 aircraft

Finnair signed on December 17th, 2014 a Memorandum of Understanding (MoU) with GOAL German Operating Aircraft Leasing GmbH for the sale and leaseback of three Embraer 190 aircraft. The transaction has now been concluded. The value of the transaction was approximately 60 million euros at current market value and the transaction will not have a

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