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Mesa Airlines expands fleet with seven new CRJ900 aircraft

Mesa Airlines has been selected by American Airlines to operate seven new Bombardier CRJ900 NextGen aircraft for a 10-year term under the American Eagle brand. The aircraft, recently purchased by Mesa, will bring the total number of CRJ900s operated by the company to 64. Mesa will take delivery of the additional aircraft from the Bombardier

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Pratt & Whitney expands Connecticut engine center to meet increased demand

Pratt & Whitney officially unveiled its new state-of-the-art Middletown, Connecticut, production facility to support production of the PurePower PW1100G-JM engine for the Airbus A320neo and the F135 engine for the F-35 Lightning II Joint Strike Fighter in a ceremony held on February 25th. The transformation of the facility is the product of significant capital investments

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Consortium wins tender to acquire shares in Vladivostok International Airport

The consortium comprising the Russian Direct Investment Fund (RDIF), a US$10bn fund established to make equity investments into Russian economy, Changi Airports International (CAI), a wholly-owned subsidiary of leading airport operator Changi Airport Group, and Basic Element, one of Russia’s diversified industrial groups, has been announced as the winner of the tender to acquire shares

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Waypoint Leasing signs helicopter leasing transaction with Caverton Helicopters

Waypoint Leasing (Ireland), the independent global helicopter leasing company, has reached an agreement with Caverton Helicopters, a leading provider of aviation and logistics services to local and international oil and gas companies in Nigeria, to lease one new AgustaWestland AW139 and one Bell 412EP, both of which have been delivered to Caverton. The aircraft will

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CFM orders soar in 2014

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

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THAI signs GE OnPoint Solution agreement for GE90 engine fleet maintenance

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

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Monarch Aircraft Engineering gains Part M Subpart G approval

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

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NEOS and Lufthansa Technik AG extend existing cooperation

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

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HEICO reports net income of US$27.6m for the first quarter of fiscal 2015

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

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Allegiant Travel Company announces purchase of two additional A320 aircraft

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

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