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DAE and Azul announce completion of sale leaseback transactions

Dubai Aerospace Enterprise (DAE) Ltd. and Azul Brazilian Airlines announced today that they had recently completed the delivery of 5 ATR 72-600s to the airline. DAE Managing Director Khalifa H. AlDaboos said: “We are delighted to include AZUL as one of DAE’s new clients in Latin America. We look forward to a mutually rewarding long-term

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MTU Maintenance wins Sky Airline from Chile for CFM56-5B maintenance

The Chilean low-cost carrier Sky Airline has awarded MTU Maintenance an exclusive total engine care maintenance contract covering their fleet of CFM56-5B engines. The contract has a duration of eight years. Apart from core maintenance, MTU Maintenance will provide the airline with spare engines via its recently founded engine lease company MTU Maintenance Lease Services

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EIB supports Airbus Groups' innovation programmes

The European Investment Bank (EIB) and Airbus Group have announced the signature of a €500m finance contract in support of Airbus Group’s innovation and R&D programmes in Europe, of which €400m will go to research, development and innovation (RDI) activities in France. This new agreement brings total EIB support for Airbus Group since 2011 to

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Rockwell Collins reports first quarter earnings per share of $1.26

Rockwell Collins reported total sales for the first quarter of fiscal year 2015 of US$1.23bn, a 16% increase from the same period in fiscal year 2014. First quarter fiscal year 2015 earnings per share from continuing operations increased 29% to $1.26 compared to $0.98 in the prior year. Earnings per share for the first quarter

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Alaska Air Group purchases two more Bombardier Q400 NextGen aircraft

Seattle-based Horizon Air has converted two of seven previously acquired Q400 NextGen aircraft options to firm orders. The airline retains its options on another five Q400 NextGen aircraft. Horizon Air and its sister carrier, Alaska Airlines are subsidiaries of Alaska Air Group. Based on the list price of the Q400 NextGen aircraft, the purchase agreement

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Boeing, Thai Airways International celebrate 75th direct airplane delivery

Boeing and Thai Airways International (THAI) celebrated the Thai flag-carrier’s 75th direct delivery of a Boeing airplane. Marking the milestone delivery, Boeing and THAI collaborated to transport 1,000 wool blankets onboard THAI’s newly delivered 777-300ER (Extended Range). The blankets, donated by Another Joy Foundation, will be distributed by the airline to people in need in

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