Spring Airlines, a low-cost carrier based in Shanghai, China, has signed an agreement with Airbus for Sharklet retrofit of its A320 aircraft in operation to become the first Chinese airline to perform retrofit of the latest fuel saving device. Thanks to this aerodynamic upgrade, Spring Airlines’ retrofitted aircraft will benefit from a reduction in fuel
Alaska Airlines and the Association of Flight Attendants have reached tentative agreement on a new five-year contract for the carrier’s 3,300 flight attendants. “We are delighted to have reached a tentative agreement that recognizes the outstanding contributions of our flight attendants and will provide for enhanced productivity for the future,” said Ben Minicucci, Alaska Airlines’
Embraer broke ground on its Legacy 500 and Legacy 450 assembly complex in Melbourne, Florida, on October 9th. At the ceremony the Company celebrated this significant addition to its existing 212,000 ft² campus at Melbourne International Airport. The new 236,000 ft² facility is expected to be operational by 2016. It will feature four new buildings:
AWAS has closed its first Private Placement Term Loan. Aviation Finance Company (AFC) acted as Lead Arranger and Sole Book Runner, with CACIB, Goldman Sachs and Wells Fargo as Co-Leads and BNP Paribas as Manager. The proceeds from the transaction were used to repay the existing debt on ten young narrow-body aircraft and for general
Aviation Technical Services (ATS) and Qantas recently entered into an Engineering Services Agreement, which focuses on improving efficiency and reducing the maintenance cost of Qantas’ fleet of more than 75 Boeing 737 aircraft. The program will enhance elements of Qantas’ aircraft maintenance program through multiple phases of improvement that target everything from availability of material
Lufthansa Technik AG has now equipped the newest Lufthansa aircraft with a Premium Economy cabin. The Boeing 747-8 “Yankee Quebec” arrived – fresh from the factory in Seattle – on August 30th in Frankfurt, where it received its new Premium Economy Class in mid-September during a layover for the completion of the cabin interior. By
EPCOR has signed a long-term contract with Air Canada covering maintenance of the APS 5000 APUs installed on its fleet of 37 Boeing 787 Dreamliners already in revenue service or scheduled for delivery through to 2019. The contract also provides for spares provisioning through a dedicated pool of APUs. Repairs will be carried out at
AerCap Holdings completed 134 aircraft transactions during the third quarter of 2014 and signed lease agreements for 84 aircraft. The company delivered 26 aircraft under contracted lease agreements and purchased nine new aircraft, including five Boeing 787-8s, three Boeing 737-800s and one Airbus A321-200. AerCap also executed sale and part-out transactions for 15 aircraft, including:
Russian airline Red Wings and Sukhoi Civil Aircraft Company signed a rental agreement for three Sukhoi Superjet 100 aircraft. The aircraft will be handed over to the airline by the end of 2014 for one year with the possibility of extension. Red Wings airline plans to operate Sukhoi Superjet 100 in Russia: from Moscow to
CFM International’s LEAP engine took to the skies for the first time on October 6th, on a modified 747 flying testbed at GE Aviation Flight Test Operations in Victorville, California, launching the next phase of testing for the advanced engine program. The engine behaved well and completed multiple aeromechnical test points at various altitudes during
