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
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
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
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
A McDonnell Douglas MD-88 aircraft belonging to Delta Airlines and with 125 passengers on board skidded off the runway on landing at LaGuardia airport, New York, at approximately 11.10am EST this Thursday morning. Delta confirmed that flight number 1086 had landed on runway 13 during a snowstorm which had been in existence all morning, subsequently
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
The U.S. Federal Aviation Administration (FAA) has added Boeing South Carolina-built 787-9 Dreamliners to the company’s production certificate, PC 700. This allows Boeing to produce and deliver 787-9s from its South Carolina facility. 787-8 production was added to Boeing’s PC 700 certificate in July 2012. The certificate is issued once an airplane manufacturer has demonstrated
Air Methods, a global leader in air medical transportation, and Bell Helicopter, signed an agreement for the sale of 200 Bell 407GXPs configured for Helicopter Emergency Medical Services (HEMS). This order marks one of the largest commercial sales in Bell Helicopter’s history. Deliveries are scheduled to begin in 2016 with a 10 year contract term,
Rolls-Royce has strengthened its long-term partnership with Sener Grupo de Ingenieria SA (Sener) in the Industria de Turbo Propulsores SA (ITP) joint venture. ITP will supply Rolls-Royce with turbines for future civil large engines in addition to its existing range of products supported by a revised shareholder agreement. ITP is a joint venture between Rolls-Royce
GE Evergreen Engine Services recently completed its fifth GEnx quick-turn shop visit, with two additional engines scheduled to ship this month. The quick-turn capability comes less than a year after the formation of the new joint venture in Taiwan with partner Evergreeen Aviation Technologies (EGAT). Launched on March 31st, 2014, the GE Evergreen Engine Services
