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
Fraport AG Frankfurt Airport Services Worldwide and its partner Copelouzos Group have been selected as preferred investor for a 40-year operating concession by the Hellenic Republic Assets Development Fund (HRADF) for 14 regional airports in Greece, including Aktio, Chania (Crete), Kavala, Kefalonia, Kerkyra (Corfu), Kos, Mitilini, Mykonos, Rhodes, Samos, Santorini, Skiathos, Thessaloniki – Greece’s second
Boeing has started final assembly of the 787-9 Dreamliner at its South Carolina facility. The team began joining large fuselage sections of the newest 787 Nov. 22nd, on schedule, a proud milestone for the South Carolina team and another sign of stability for the program. The North Charleston, S.C., site joins Boeing’s Everett, Wash., final
The French Ministry of Finance has just granted the turboprop aircraft manufacturer, ATR, its Authorized Economic Operator (AEO) status. Having obtained this label, ATR will benefit from a streamlined customs process, meaning greater responsiveness for delivering aircraft, shipping spare parts and equipment to operators, as well as for receiving equipment for the aircraft’s final assembly
GE Aviation and Turbocoating SPA of Parma, Italy, have formed a 50/50 joint venture, called Advanced Ceramic Coatings, to provide thermal barrier coatings for CMCs used in jet engines. Advanced Ceramic Coatings (ACC) will operate from a dedicated area of Turbocoating’s U.S. operation in Hickory, North Carolina. Advanced Ceramic Coatings will combine Turbocoating’s proprietary coatings
BOC Aviation reported the official opening of its latest subsidiary, BOC Aviation Leasing (Tianjin), located within the Dongjiang Free Trade Port Zone in Tianjin, China. To mark the opening of this new subsidiary, Mr. Chen Siqing, President and Vice Chairman of Bank of China, and Mr. Cui Jindu, Member of Standing Committee of the Communist
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, continues to expand the scope of its activities in the global market. Following the expansion of its total hangar capacity to over 30.000 m², the company‘s management has confirmed plans to introduce Airbus A330 aircraft type to its EASA Part 145 certificate.
Sogeclair, the French based aerospace engineering and contracting company has purchased 80% of Montreal, Canada-based precision engineering company MSB Group, for an undisclosed amount. The management of the MSB Group, which consists of the engineering division MSB Design and the contract engineering company MSB Ressources Globales, made the decision to join Sogeclair following discussions with
Embraer and SkyWest have confirmed a firm order for seven E175 jets. The aircraft will be flown by SkyWest Airlines under a Capacity Purchase Agreement (CPA) with Alaska Airlines. The value of the firm order, which will be included in Embraer’s 2014 fourth-quarter backlog, is estimated at US$301m, based on 2014 list prices. These aircraft
Rolls-Royce has been awarded a new, two-year contract to provide aftermarket engine support for the US Marine Corps and Air Force V-22 fleets, which provides a more than 30 percent reduction in support costs. The contract, through the company’s innovative MissionCare model, is valued at up to US$287m and will cover all V-22 aircraft across
