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MTU Maintenance wins Central American VECA Airlines for V2500 maintenance

MTU Maintenance can count VECA (Vuelos Economicos de Centro America) Airlines, a start-up carrier from El Salvador, as a new customer for the maintenance of its V2500 engines. Under the exclusive agreement, MTU Maintenance will be responsible for the airline’s engine MRO as well as on-wing services and engine trend monitoring. In addition, MTU Maintenance

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Vector Aerospace and Helisul sign M250 MRO contract at HAI Heli Expo 2015

Vector Aerospace Helicopter Services – North America (“HS-NA”) has signed an accordance to provide Rolls-Royce M250 engine overhaul support to Helisul Taxi Aereo. Vector Aerospace will provide Helisul with fixed labour and test pricing, competitive time and materials rates as well as access to its lease and exchange spare asset pool. “We have selected Vector

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LCI Helicopters to manage new fleet for SQN Capital Management

LCI Helicopters has entered into an agreement with SQN Capital Management, an independent asset manager headquartered in New York City, to manage a fleet of seven recently acquired helicopters. LCI Helicopters, the helicopter leasing arm of the Libra Group, will offer a range of services to SQN including asset management, insurance, rent collection, maintenance oversight,

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PGI extends distribution partnership with Velox

PGI, a market leading specialty materials manufacturer, has made the strategic decision to extend its existing distribution partnership with Velox GmbH in Europe, bringing PGI composites products closer to its customers. Velox, a European leader in the supply of material specialities for the plastics, composites, rubber, paints and coatings industries, will be distributing the PGI

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Magnetic MRO expands into Asset Management services with A321 part-out

Magnetic MRO, a Total Technical Care MRO organization based in Tallinn, Estonia, completed the acquisition of an A321-131 (MSN555) for part-out. The purchase, conducted on behalf of private investors, is the start of Asset Management practice at Magnetic MRO, which offers comprehensive turn-key value creation services for aviation investors. The services cover asset acquisitions, lease

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Boeing, Silk Way West sign order for three 747-8 Freighters

Boeing and Azerbaijan-based Silk Way West signed an order for three 747-8 Freighter airplanes valued at more than US$1.1bn at current list prices. Silk Way West is an enterprise of the Silk Way Group, which includes 23 companies working in the aviation industry and related services. The airline currently operates seven Boeing airplanes, including two

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EASA approves certification for S-76D helicopter

The European Aviation Safety Administration (EASA) has approved the VIP Type Certificate for the S-76D helicopter, allowing for operation of the aircraft in Europe. The announcement was made at the 2015 Helicopter Association International Heli-Expo show. EASA signed the certificate on Feb. 25th, capping an intensive flight test program to introduce the S-76D helicopter, Sikorsky’s

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