TP Aerospace Technics LLC based in Orlando Florida, a fully equipped and operational Wheel and Brake repair business, becomes the latest addition to the TP Aerospace Group. Through an asset buy-out, TP Aerospace, a leading independent Wheel and Brake aftermarket provider, adds repair and overhaul capacity to its American branch, strategically located in central Florida.
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, is further expanding its client base in Europe and Asia by signing a Base Maintenance agreement with Turkish low-cost carrier Pegasus Airlines. Under the agreement, FL Technics will provide Base Maintenance support for the carrier’s Boeing 737 NGs. Pegasus Airlines, the second
With the Indonesian navy seeming to have located the tail section of the AirAsia flight 8501 downed on December 28th, 2014 with 162 people on board, opinions regarding the actual crash and reasons for it are becoming more formulated. With debris comprising relatively large sections of the plane, some experts have stated that the plane’s
Precision Aircraft Solutions has received FAA approval for a new Maximum Zero Fuel Weight (MZFW) increase on both winglet- and non-winglet-equipped Precision Conversions freighters. The most recent upgrade authorization allows Precision to further increase MZFW as high as 200,000 lbs. (90,718 kg) — 12,000 lbs. (5,443 kg) over the OEM highest certificated MZFW for Rolls-Royce-
Financial Products Group (‘FPG’), the Tokyo-headquartered, listed independent financial services firm and Amentum Capital (‘Amentum’), the Dublin based aircraft leasing company announced the acquisition of two 737-800s (MSN 35647 and 36814). The aircraft are on lease to Norwegian Air Shuttle ASA and were acquired from an affiliate of CDB Leasing.
GE Aviation has been awarded a three-year (2015-2017), US$460m Performance Based Logistics (PBL) contract from the U.S. Navy covering the repair, replacement and program support for F414 engine components for the F/A-18 E/F and EA-18G Growler aircraft. This multi-year procurement arrangement is an availability-based contract providing operational readiness requirements for the F414 fleet through the
CarVal Investors, a leading global alternative investment manager, signed an agreement to acquire a majority holding of AerFin Limited from its current owner, Bob James. Mr. James will remain as the Managing Director and CEO going forward and will retain 20 percent of the company. “The acquisition of AerFin is a compelling investment in itself
Boeing set a record for the most commercial airplanes delivered in a single year at 723 in 2014, breaking the company record for a second consecutive year. The company also booked 1,432 net orders, carrying a value of US$232.7bn at list prices, breaking the previous all-time high set in 2007. Boeing’s unfilled commercial orders stood
Boeing and Air New Zealand have finalized an order for two additional 787-9 Dreamliners, valued at US$514m at current list prices. The order, booked in 2014, comes six months after Air New Zealand celebrated the first 787-9 delivery in July. “The entry into service program has gone very smoothly and we’ve been incredibly pleased with
Garmin International reported the certification of an Automatic Dependent Surveillance-Broadcast (ADS-B) solution for the Gulfstream G150, bringing NextGen compliance to this versatile mid-sized business jet. The Garmin GTX 3000 Mode S Extended Squitter (ES) remote transponder and GDL 88 ADS-B datalink combine to fulfill global ADS-B requirements while meeting the stringent demands of business and
