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Recycled cooking oil powers Finnair flight to New York

Finnair will operate its flight from Helsinki to New York on September 23rd, with an Airbus A330 using environmentally sustainable biofuel, coinciding with the UN Climate Summit taking place in New York on the same day. As a leader in the sustainable development of commercial aviation, the airline believes strongly in proactive measures to manage

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Liebherr-Aerospace Toulouse SAS inaugurates new logistics center

Liebherr-Aerospace Toulouse SAS, center of excellence for aerospace air management systems within the Liebherr Group of Companies, has added a new logistics center to the infrastructure of its site in Toulouse (France). Many guests, including representatives from institutions and industry, were present at the inauguration ceremony on September 19, 2014. The new logistics center, which

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Ethiopian Airlines signs order with Boeing for 20 737 MAX 8s

Boeing and Ethiopian Airlines announced an order for 20 737 MAX 8s. The order, previously unidentified on the Boeing Orders & Deliveries website, is worth more than $2.1bn at list prices and also includes options and purchase rights for a further 15 737 MAX 8s. The order represents the largest single Boeing order by number

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FAA streamlines aircraft certification process

As part of the Federal Aviation Administration’s (FAA) ongoing efforts to improve its responsiveness to the U.S. aviation industry as it certificates new products and operators, the agency took an important step today to streamline the aircraft certification process to help the industry get products to market faster and retain competitiveness. The FAA is replacing

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AWAS delivers long-haul fleet solution for customer Boliviana

AWAS has placed three widebody 767-300ER passenger aircraft with current customer Boliviana as part of the airline’s plan to commence long-haul service from Cochabamba to Miami in the US, and Madrid, Spain. Two of the three aircraft will be placed into immediate service to launch the Miami and Madrid destinations, while the third will be

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Amentum and Archway Aviation complete Lion Air S&LB transaction

Amentum, the Dublin based commercial aircraft leasing company, has arranged the acquisition of two factory new 737-900ER aircraft for investor customer Archway Aviation (an Irish based operating lessor) in a sale & lease back transaction with Lion Air. The first aircraft (MSN 39880) was delivered on September 15th. The second aircraft (MSN 39878) will be

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Lufthansa Technik to invest almost €60m in new wheels and brakes shop

Lufthansa Technik is investing almost €60m in the construction and equipment of a new wheels and brakes shop at Frankfurt’s East Harbor. The new building will be put into service at the beginning of 2017. It will enable Lufthansa Technik, as a world leading provider of technical services for the aviation industry, to continue to

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GKN Aerospace enters into risk and revenue sharing agreement with P&W

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%

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AAR Landing Gear signs five-year deal with Air Nostrum in Spain

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

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easyJet orders more A320s

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

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