Embraer delivered to American Airlines the first of 60 firm order E175 jets under the contract signed between the two companies in December 2013. The contract also included options for another 90 E175s, taking the total order potential to 150 aircraft. American Airlines selected Compass Airlines, a wholly owned subsidiary of Trans States Holdings, to
Air Canada reported full year adjusted net income of CA$531m compared to adjusted net income of CA$340m in 2013, an improvement of CA$191m. EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft rent) amounted to CA$1.671bn compared to EBITDAR (excluding the impact of benefit plan amendments) of CA$815m, an increase of CA$196m from 2013. The
Waypoint Leasing (Ireland), one of the largest independent global helicopter leasing companies, has closed on a multi-aircraft agreement with RLC, the largest privately held helicopter operator in the Gulf of Mexico. The initial transaction includes the purchase and leaseback of 10 helicopters, including the Bell 407 and Bell 206L4, supporting near-shore shelf production of natural
Boeing celebrated the opening of its new propulsion engineering and assembly facility in North Charleston. The team of engineers, manufacturing and support personnel at Propulsion South Carolina (PSC) are responsible for the design and assembly of the 737 MAX engine nacelle inlet, the design of the 737 MAX engine nacelle fan cowl and the design
Spring Airlines, an all Airbus A320 Family operator and China’s first low cost airline, has taken delivery of a new A320 at Airbus (Tianjin) Delivery Centre on lease from ICBC Financial Leasing, a leasing company owned by the Industrial and Commercial Bank of China. The newly received aircraft brings the carrier’s total Airbus A320 fleet
South Korea’s Asiana Airlines has signed a Letter of Intent (LOI) with Airbus for the purchase of 25 A321neo single aisle aircraft as part of its ongoing fleet modernisation programme. Seating 180 passengers in a two class layout, the new aircraft will be operated on the carrier’s regional services, as well as on selected domestic
AV8 MRO have acquired a multimillion dollar inventory of Hawker Landing Gear and parts, substantially increasing their parts inventory and bringing the number of complete ship sets of landing gear for all series to 13. By entering into a formal agreement with Duncan Aviation, AV8 MRO will acquire Duncan Aviation’s Hawker landing gear inventory and
OEMServices has celebrated the opening in Dubai of its new service center dedicated to the aerospace market. Located in Jebel Ali Free Zone (JAFZA), near Dubai (DWC and DXB) and Abu Dhabi (AUH) airports, this new center will benefit from a strategic location in the Middle East. “In the name of OEMServices, I am very
STG Aerospace has received STC approvals from the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) for its next generation, photoluminescent, emergency floorpath marking system. safTglo SuperSeal UltraLite (SSUL) is now FAA and EASA approved for Airbus 320 and EASA approved for Boeing 747, 757 and 737 airplanes. STG Aerospace first launched
In February of 2015, Ameco signed an engine Power-by-the-Hour (PBH) contract with Shanghai Airlines, a wholly owned subsidiary of China Eastern Airlines. Based on the contract, Ameco will provide engine overhaul, repair and other value-added services on 14 PW4000s from six Boeing 767s of Shanghai Airlines. This is the first time for Ameco to provide
