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Airbus increases A320 rate, adjusts A330 for NEO transition

Airbus has decided to further increase the production rate for its very successful A320 Family to 50 aircraft per month from Q1 2017, matching market demand. Additionally, Airbus is adjusting the A330 production rate to six a month from Q1 2016 as it transitions towards the A330neo. With over 11,500 Airbus single aisle aircraft sold

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NAC delivered one ATR 72-500 to Passaredo on lease

Nordic Aviation Capital confirmed that it has delivered one ATR 72-500, MSN 874, on lease to Passaredo, an airline based in Ribeirão Preto, São Paulo, Brazil. Passaredo operates regional services in Brazil, with its main base at Dr. Leite Lopes Airport, Ribeirão Preto. Passaredo is a new customer for NAC.

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Air Lease Corporation announces fiscal year and fourth quarter 2014 results

Air Lease Corporation reported another consecutive quarter of record fleet, revenue and profitability growth: Diluted EPS increased 32% to US$2.38 per share for the year ended December 31st, 2014 compared to US$1.80 for the year ended December 31st, 2013. Revenues increased 22% to S$1bn for the year ended December 31st, 2014 compared to US$859m for the year

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AWAS to acquire portfolio of four narrowbody aircraft from BOC Aviation

AWAS has agreed to acquire a portfolio of four late-model narrowbody passenger aircraft from BOC Aviation; three 737-800s and one A320-200. These aircraft are all subject to long-term leases with their respective airlines. Ray Sisson, President & CEO AWAS commented,  “Acquisitions in the secondary market are a key pillar of AWAS’ growth plan. This is

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Royal Jet awards SR Technics contract for twelve CFM 56-7B engines

Royal Jet, the Middle East’s foremost private charter company, headquartered in Abu Dhabi, capital of the United Arab Emirates (UAE), has awarded SR Technics, one of the world’s leading technical providers of solutions to airlines, a five-year contract to maintain, repair and overhaul their CFM56-7B engine fleet.The CFM56-7B engines are currently in service on Royal

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Fokker and SASMOS celebrate inauguration of Indian Joint Venture

Fokker Elmo, a business unit of Fokker Technologies and SASMOS HET Technologies formally inaugurated their joint venture for the production of Electrical Wiring Interconnection Systems (EWIS) for aircraft and engines, thus supporting the “Make in India” policy. The inauguration has taken place at the Joint Venture facility in Whitefield, Bangalore. The current SASMOS facility employs

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Sagem's WEFA system to transmit maintenance data on A320 family jetliners is certified

Airbus has certified the WEFA system made by Sagem (Safran), intended to remotely track the situation and maintenance status of Airbus A320 commercial jetliners. The certification from Airbus opens a potential market of several thousand aircraft for Sagem. Sagem’s WEFA system (Wireless Extension For ACMS/Aircraft Condition Monitoring System) allows airlines to remotely manage their flight

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Rolls-Royce opens Turbine Blade Casting Facility

Rolls-Royce marked the official opening of its new £110m Advanced Blade Casting Facility (ABCF). When fully operational in 2017, the 150,000 ft² (14,000 m²) facility in Rotherham will employ 150 people and have the capacity to manufacture more than 100,000 single crystal turbine blades a year. These blades will feature in a wide-range of Trent

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