The US Air Force has awarded a contract worth over US$100 million to Rolls-Royce to purchase spare engines and parts for its C-130J fleet and to support Foreign Military Sales customers. Rolls-Royce AE 2100 engines power all C-130J aircraft in the US military and global fleets, while legacy C-130 aircraft are powered by Rolls-Royce T56
AMAC Aerospace has been appointed by Pilatus as the exclusive Sales Distributor for the all-new PC-24 light jet in the Middle East. The new appointment, formally signed on October 30th extends AMAC’s existing exclusive agreement with Pilatus as a fully Authorised Service Centre and Sales Distributor for the PC-12NG in the region which it has
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
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
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
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
Aleris reported that the Commercial Aircraft Corporation of China (COMAC), has qualified the company’s new state-of-the-art manufacturing facility in Zhenjiang, China, to supply aluminum plate for COMAC’s C919 commercial aircraft program. With this certification, Aleris’ Zhenjiang facility becomes a qualified supplier of the 7050, 7075 and 2024 alloy series to COMAC. Aleris is a privately
GOL Linhas Aereas Inteligentes, the largest low-cost airline in Latin America, announced its results for the third quarter of 2014. Operating income (EBIT) registered R$152min 3Q14, R$115m up over 3Q13, with an operating margin (EBIT) of 6.2%, up by 4.5 points. The last twelve months (LTM) EBIT totaled R$497m, with an operating margin of 4.9%.
Spirit AeroSystems’ Europe Repair Station in Prestwick, Scotland, has received FAA (Federal Aviation Administration) Part 145 Repair Station Certification to perform aircraft maintenance, repair and overhaul. The FAA certification, received Oct. 8th, in addition to the facility’s existing EASA (European Aviation Safety Agency) certificate, allows Spirit’s Global Customer Support & Services division to work directly
UTC Aerospace Systems has been selected by China Airlines to supply the wheels and carbon brakes for its fleet of 14 Airbus A350-900 aircraft. The company will provide the equipment through its Landing Systems facility in Troy, Ohio. China Airlines will take delivery of their first A350-900 aircraft in 2016.
