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HAECO Group acquires maintenance training solution for Beoing 787 fleet

HAECO Group has acquired from Boeing an advanced, simulation-based maintenance training suite for the Boeing 787 Dreamliner. The HAECO Group is the first Maintenance, Repair and Overhaul (MRO) Organisation and Aircraft Maintenance Training Organisation (AMTO) in China to be equipped with the Boeing 787 training suite. The suite includes Boeing 787 Desktop Trainer Classroom Solutions,

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Avpro signs several deals during the HAI Heli-Expo

Avpro announced several deals during the HAI Heli-Expo (March 2-5, 2015) in Orlando, Florida. Avpro reached an agreement to sell a Year 2009 Bell 429 s/n 57056 to an undisclosed buyer on behalf of its client SAEREOS, Bell Helicopter distributor in Ecuador. Furthermore Avpro acting on behalf of its client, Kocoglu Group, entered an agreement

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Doric adds new Boeing 747 to asset management portfolio

On March 5th, 2015, Doric added a Boeing 747-8F cargo plane to its asset management portfolio at Boeing‘s headquarters in Seattle, USA. The aircraft carries the manufacturer‘s serial number 35823 and is leased long-term to Cargolux Airlines International S.A. An innovative financing structure was used to fund the purchase of the freighter now on lease

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ATSG posts improved 2014 results as aircraft leasing portfolio grows

Air Transport Services Group reported consolidated financial results for the quarter and full year ended December 31st, 2014. Adjusted pre-tax earnings from continuing operations increased 19% to US$17.7m. The adjustments remove the effects of pension settlement charges, derivative transactions, and year-earlier impairment charges. These and other adjusted amounts referenced below are non-GAAP financial measures, defined

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GA Telesis Announces Major Airport Component/LRU Support Program with F&E Aircraft Maintenance

GA Telesis has announced a major onsite component/LRU (“line replacement unit”) support program commencing at three major international airports, Miami International Airport (“MIA”), George Bush Intercontinental Airport (“IAH” Houston) and Los Angeles International Airport (“LAX”). In cooperation with F&E Aircraft Maintenance (“FEAM”), GA Telesis will provide Boeing and Airbus components and LRUs at FEAM’s line

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GE and Bristow Group sign 10-year CT7 Engine Service Agreement

GE Aviation and Bristow Group signed a 10-year Maintenance Cost Per Hour (MCPHsm) service agreement covering Bristow’s global fleet of CT7-8A turboshaft engines powering their Sikorsky S-92 helicopters. The contract encompasses Bristow’s current fleet of more than 50 GE-powered S-92s and all future aircraft deliveries during the term of the contract. The agreement continues the

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