Air Transport Services Group announced that its aircraft leasing subsidiary, Cargo Aircraft Management, has agreed to purchase two Boeing 767-300ER freighters that ATSG’s airline subsidiary ABX Air currently leases from Guggenheim Aviation Partners. CAM expects to pay Guggenheim $49.9m for the freighters in transactions expected to close at the end of the third quarter. ABX
Boeing, South African Airways (SAA) and SkyNRG are collaborating to make sustainable aviation biofuel from a new type of tobacco plant. This initiative broadens cooperation between Boeing and SAA to develop renewable jet fuel in ways that support South Africa’s goals for public health as well as economic and rural development. SkyNRG is expanding production
Ameco Beijing Shanghai outstation started to perform line maintenance and releasing services for Vietnam Airlines’ A320, twice every day since August 1st. Up to now, the outstation served 6 international customers including Finnair, Aeroflot-Russian Airlines, Saudi Arabian Airlines, Singapore Airlines Cargo, and AirBridgeCargo Airlines. Headquartered in Beijing, Ameco has 8 outstations serving over 20 international
Air Transport Services Group, a leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, reported consolidated financial results for the quarter ended June 30th, 2014. Revenues were $149.6m, up $10.7m, or 8% from a year ago. Excluding revenues from reimbursable expenses, revenues increased $4.8 million, or 4%. Net earnings from continuing
AAR has signed an agreement with SkyWest Airlines to overhaul landing gear on its fleet of 40 Embraer 175 commercial passenger jets. The contract builds upon AAR’s existing relationship and its experience servicing landing gear on the Embraer 120 family of aircraft for SkyWest Airlines. The work will be performed at AAR’s landing gear repair
AgustaWestland announced the sale of one more AW139 intermediate twin-engine helicopter in VIP/corporate transport configuration for an undisclosed customer in North America. This latest contract continues the growing success of the AW139 for VIP transport mission in this key market, bringing the total number of aircraft sold in North America to 19. The latest AW139
Western Global Airlines (WGA), a low cost, high quality all-cargo carrier, received final FAA certification and has been issued a Part 121 Air Operator Certificate. In addition, WGA has been certified by the U.S. DOT to be fit, willing, and able to engage in interstate and foreign air transportation of property and mail. WGA plans
Aviall, a wholly owned subsidiary of The Boeing Company, has implemented a 10-year distribution agreement for BendixKing avionics products. It is the first product line to be launched by Aviall following its successful transition to the state-of-the-art enterprise resource planning system from SAP. BendixKing by Honeywell, based in Albuquerque, N.M., designs, builds and supports some
BAE Systems has signed a five-year agreement with Emirates, the world’s largest Boeing 777 operator, to provide maintenance and technical support for its entire Boeing fleet. Under the terms of the agreement, BAE Systems will deliver on guaranteed turn around times, position product in region, and provide benchmark technical support. The company will provide maintenance
China Eastern Airlines and its subsidiaries Shanghai Airlines and China United Airlines are implementing Boeing Airplane Health Management (AHM) to improve maintenance and engineering operations efficiency across China Eastern’s rapidly growing fleets. Boeing and China Eastern teams have deployed the Boeing Airplane Health Management system on 157 Next-Generation 737 airplanes. The contract extends to eventually
