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B/E Aeropspace and ATR sign global distribution agreement for consumables, expendables and standard hardware service

November 13, 2014

ATR announced has signed a three-year agreement with B/E Aerospace Consumables Management for distribution of consumables, expendables and standard hardware parts for ATR aircraft. This agreement underlines ATR’s successful strategy of providing flexible and customized services to all ATR customers. ATR continues deploying innovative ways of reducing aircraft operating costs by offering customized inventory and

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Liebherr-Aerospace to supply FCS test rig to Alenia Aermacchi

November 13, 2014

Liebherr-Aerospace has been selected by Alenia Aermacchi to supply an FCS test rig capable of implementing load alleviation functionality and to provide engineering support for the development of a next-generation flight control system. The test rig, which is to be integrated in Alenia Aermacchi’s testing laboratory in Turin (Italy), will enable the Italian aircraft manufacturer

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GECAS delivers three new Boeing 777-300ERs to China Airlines

November 12, 2014

GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, delivered three new Boeing 777-300ERs to China Airlines to expand the airline’s fleet. A fourth aircraft is scheduled for delivery in January 2015. All four are part of GECAS’ existing order book with Boeing.

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Exchange Income Corporation to acquire Provincial Aerospace for CA$246m

November 12, 2014

Exchange Income Corporation a diversified, acquisition-oriented company has entered into an agreement to acquire all of the shares of Provincial Aerospace (“PAL”), a diversified Canadian-based aerospace and aviation company, for a combination of cash and stock totaling approximately $246m. PAL, headquartered in St. John’s, Newfoundland & Labrador, operates three distinct businesses across the aerospace, airline

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Air China and Global Eagle Entertainment partner in Air China's WiFi alliance

November 12, 2014

Global Eagle Entertainment, a worldwide leading provider of content, connectivity and digital media solutions to airlines, has joined Air China’s WiFi Alliance. In addition, Dave Davis, CEO of Global Eagle Entertainment (GEE) has been appointed as a “Member of Council” in the Air China WiFi Alliance. Air China, one of the largest carriers in Asia

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FLY Leasing to sell eight Boeing 757 aircraft

November 12, 2014

FLY Leasing, a global lessor of modern commercial jet aircraft, has agreed to sell eight of the 11 Boeing 757 aircraft in its fleet. The sales are expected to close by the end of 2015. “The sale of these eight older B757 aircraft, averaging 15.7 years of age, will lower the average age of our

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Finnair and Flybe enter into conditional share sale agreement

November 12, 2014

Flybe and Finnair have agreed to restructure the ownership of their jointly owned Flybe Nordic venture, and Flybe has agreed to sell the shares that it holds in Flybe Nordic to a potential new majority shareholder or to Finnair for the price of one euro. The sale of the shares is conditional only upon approval

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