B/E Aerospace board of directors has approved the separation of its Consumables Management Segment, consisting of B/E Aerospace’s aerospace distribution and energy services businesses, which will be known as KLX (KLX), through a dividend distributing all of the shares of KLX common stock on a pro rata basis to the holders of B/E Aerospace’s common
Willis Lease Finance Corporation (WLFC), the independent jet engine lessor in the commercial finance sector, and China Aviation Supplies Import & Export Corporation (“CASC”), China’s leader in aviation supplies trade, distribution and logistics, hosted a grand opening ceremony on November 7th to celebrate the launch of their new engine leasing joint venture, CASC Willis Engine
Dassault Falcon Service has announced plans to build a heavy maintenance, repair and overhaul facility at Bordeaux-Mérignac Airport in southwestern France. The 7,200 m² facility will be built on a parcel of land adjacent to the Dassault Aviation manufacturing plant and will serve Falcon 7X, 8X and 5X large cabin aircraft. It will complement DFS’s
Abu Dhabi International Airport passenger traffic increased by 17.4% in the month of October. A total of 1,689,983 passengers passed through Abu Dhabi International Airport in October 2014, compared with 1,439,356 in the same month of 2013. There were 13,700 aircraft movements in October 2014, representing a 15.2% increase over the 11,891 movements that took
Bangkok Airways took delivery of its first ATR 72-600 at a special ceremony in Toulouse, France. The handover marked a key milestone in the carrier’s development as it plans to take delivery of nine new ATR aircraft from now until 2017. The new-comer will join Bangkok Airways’ existing fleet of ATR 72-500s and will be
Flying Colours, the North American-based completions, refurbishment and maintenance specialists reported that maintenance work on a second aircraft under approval from the Qatar Civil Aviation Authority (QCAA) is nearing completion. The project which is being undertaken at Flying Colours’ Peterborough, Canada headquarters involves heavy maintenance on a Challenger 604 as well as interior refurbishment and
MTU Maintenance Canada, a North American affiliate of German engine manufacturer MTU Aero Engines, has signed a long term contract with JetBlue Airways for V2500 accessories and Line Replaceable Unit (LRU) coverage. The contract has a duration of six years and is valued at approximately US$50m. The work will be carried out at the Accessory
Ruili Airlines took delivery of the airline’s first direct purchase Next-Generation 737-700. Ruili is a newly established private airline based at Changshui International Airport in Kunming, the capital city of China’s Yunnan province. The new airplane is the first of 14 737 orders and commitments from Ruili Airlines, including eight 737-700s and six 737 MAXs.
In the Republic of Ireland’s (ROI) budget in 2009, an air tax was introduced to generate revenue for a cash-stricken country. However the tax was not greeted with open arms as it seemed to create a far from level playing field for airline operators in the country. The initial tax was set at €10.00/passenger departing
Vietnam’s VietJetAir and CFM International have signed a 12-year Rate Per Flight Hour agreement to support the airline’s fleet 21 Airbus A320ceo aircraft powered by CFM56-5B engines. Under the terms of the agreement, which is valued at US$300m, CFM will guarantee maintenance costs for a total of 45 CFM56-5B engines on a dollar per engine
