In 2014 CFM International experienced the highest levels of new engine orders and production in its history. CFM logged orders for a total of 4,244 engines, including 1,527 CFM56 engines (commercial, military and spares) and 2,717 LEAP engines. These orders are valued at more than US$50bn at list price. By comparison, CFM booked a total
Thai Airways International signed a 12-year OnPoint solution agreement for the maintenance, repair and overhaul of the airline’s GE90-115B engines that power its 14 Boeing 777-300ER aircraft. The OnPoint solution agreement will enable THAI to have the highest quality services at a predictable cost. OnPoint solutions are customized service agreements tailored to the operational needs
Monarch Aircraft Engineering has been granted Part M Subpart G approval as a Continuing Airworthiness Management Organisation (CAMO) by the European Aviation Safety Agency (EASA). Through the company’s Part M approval, MAEL’s experienced engineering team are approved to carry out tasks such as: Continuing Airworthiness Oversight, Maintenance Planning, Approved Maintenance Programme Development, Reliability Programme Technical
The Italian airline NEOS and Lufthansa Technik AG have extended their existing cooperation. Lufthansa Technik started its Total Component Support TCS for the NEOS fleet in 2002. The contract extension will run by further five years. The current NEOS fleet is composed of six Boeings 737-800W (Winglet) and two Boeings 767-300ERW (Extended Range Winglet) with
HEICO reported net income of US$27.6m, in the first quarter of fiscal 2015, up from US$27.5m in the first quarter of fiscal 2014. Net income in the first quarter of fiscal 2014 includes approximately US$2.6m, from a reduction in accrued contingent consideration related to a prior year acquisition. Operating income totaled US$46.4m in the first
Allegiant Travel Company has entered into an agreement to purchase two additional A320 aircraft. The aircraft are currently being operated by Philippine Airlines and are scheduled to enter the Allegiant operating fleet toward the end of 2015. Including the two A319s that deliver in 2015, which were announced on February 23rd, the company now expects
Greece and Russia, each with struggling economies, have reached an agreement for Greek carriers to gain access to Russian airports in Sochi , Kaliningrad, Vladivostok. While some may question the wisdom behind such a move when a number of Russian airlines are struggling, considerable investment has been made in airports at these destinations and this
Boeing has selected BAE Systems to provide the Remote Electronic Units (REU) for both variants of the 777X aircraft. An REU is an electronic unit that manages the aircraft’s flight control surface actuators and interfaces with the Integrated Flight Control Electronics (IFCE), which BAE Systems was selected to provide in 2014. BAE Systems, which was
AAR has agreed to sell its Telair Cargo Group to TransDigm for a purchase price of US$725m in cash, subject to adjustments. The Telair Cargo Group is comprised of Telair International, Telair U.S., and Nordisk Aviation Products. AAR will report its Telair Cargo Group as discontinued operations beginning in the third quarter of FY 2015
The TRUEngine program continues to gain momentum with total engine enrollments surpassing the 10,000 mark as 2015 gets underway. The milestone comes less than six months after the program broke through the 9,000-engine mark. “The rapid growth in the TRUEngine program underscores the value of a technically robust and transparent means of identifying engines that
