GKN Aerospace has agreed a major risk and revenue sharing partnership (RRSP) with Pratt & Whitney, covering the supply of key components for the PurePower PW1900 Geared Turbofan (GTF) engine – which will power the Embraer 190 and the 195-E2 narrow body, medium range aircraft. The agreement, under which GKN Aerospace will take a 7%
AAR signed an agreement with Air Nostrum, based in Valencia, Spain, to overhaul landing gear on its CRJ900 aircraft fleet. The contract builds upon AAR’s existing relationship and experience servicing landing gear on the airline’s entire fleet of CRJ200s over the past seven years. AAR is performing the work at its landing gear repair station
In light of the continued strong financial performance of easyJet and confidence in the future, the Board has decided to increase the payout ratio for the ordinary dividend from one third of profit after tax to 40% of profit after tax from the financial year ending 30 September 2014. Additionally easyJet has reached agreement with
VistaJet, a leading global business aviation company, is adding $320m worth of new aircraft to its fleet as part of its ongoing worldwide expansion strategy. This represents the largest number of wide-body business jets to be delivered by Bombardier to a single customer within a 30-day period. The eight new jets include three Bombardier Global
Baltia Air Lines has signed a Line Maintenance Agreement with F&E Aircraft Maintenance, to provide contract line maintenance (Licensed Airframe & Powerplant Mechanics) to Baltia Air Lines at JFK International Airport. Baltia Air Lines is America’s newest airline, currently undergoing Air Carrier Certification. Baltia’s principal base of operations is at Willow Run Airport, Michigan. Upon
KLM UK Engineering has obtained its FAA Approval this year. KLM UK Engineering is one of the first UK based MRO’s to be certified by the Federal Aviation Administration since the US Department of Homeland Security Transportation Security Administration prohibition stopping the FAA issuing any new foreign repair station certifications was lifted early this year.
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, has successfully passed EASA certification and was granted with an extended Design Organization Part 21J STC approval which allows aviation maintenance service providers to perform major cabin interior modifications. The newly received Supplemental Type Certificate (STC) extended approval confirms that FL Technics
TES Aviation Group announced the signing of a long term engine support program with VIM Airlines (Moscow, Russia). The Engine Management program will support the established Russian airline with all off-wing technical and commercial engine management activities, including reliability programming, fleet forecasting, financial modelling, maintenance planning and repair event management, with the objective of reducing
Lufthansa Group’s supervisory board has approved the purchase of ten A320ceo aircraft for its subsidiary Eurowings. The new aircraft will become the backbone of the new low cost business model announced by the Lufthansa Group in July 2014, which foresees Eurowings operations on direct connections within Europe. The Lufthansa Group is Airbus’ biggest airline group
At a ceremony in Hamburg hosted by Airbus, Qatar Airways, one of the world’s fastest growing airlines, welcomed a new star to its fleet – the A380. The airline took delivery of the first of its 10 Airbus A380 aircraft on order.
