Airborne Maintenance & Engineering Services (AMES), a subsidiary of Air Transport Services Group, has been granted approval by the Federal Aviation Administration (FAA) to perform heavy and line maintenance services on Airbus A318, A319, A320, and A321 aircraft. The capability for Airbus complements the broad range of services in heavy maintenance, line maintenance, engineering, component
In the second quarter of 2014 (2Q14), Embraer delivered 29 commercial and 29 executive (22 light and 7 large) jets. The Company’s firm order backlog ended 2Q14 at US$18.1bn. As a result of aircraft deliveries, coupled with revenues from the Company’s Defense & Security business, 2Q14 revenues were US$1,761.3m, for year-over-year growth of 13.1%. Year-to-date
Early July marked the official launch of the European Clean Sky 2 Joint Technology Initiative. The new program is substantially broader in scope and more ambitious than Clean Sky, its predecessor. MTU Aero Engines, too, is stepping up its activities under the initiative: Germany’s leading engine manufacturer is one of the 16 lead partners from
PEMCO World Air Services announced the redelivery of three more 737-300 freighters to Yangtze River Express (Shanghai China) over the past several weeks. Yangtze River Express, which manages the cargo operations of Hainan Airlines, China Xinhua Airlines and other members of the Hainan Air Group, has already placed two of the freighters (MSN 28599, MSN
Messier-Bugatti-Dowty and Sabena technics signed an agreement on July 18th for Messier-Bugatti-Dowty to acquire Sabena technics’ 50% stake in their 50/50 joint company, Hydrep. The transaction is scheduled to take effect in September 2014. Based in Dinard, France, Hydrep employs 100 people and is a leading provider of repair services for landing gear on regional
An airline, which has requested to remain unidentified at the present time, has signed a firm purchase agreement for five Q400 NextGen turboprop airliners. Based on the list price for the Q400 NextGen airliner, the transaction is valued at approximately US$168m.
Boeing released that final assembly of the 787-10, the newest and longest member of the 787 Dreamliner family of airplanes, will take place exclusively in North Charleston, S.C. Boeing will continue to assemble both 787-8s and 787-9s in Everett, Wash., and North Charleston. Design of the 787-10 is underway in Everett, with final assembly of
CIT Group, a global leader in aircraft finance, reported that CIT Aerospace provided a $27m senior secured credit facility to Virgo Investment Group, a private investment management firm, to finance its acquisition of four Boeing 737-700 aircraft leased to GOL. Each aircraft is equipped with CFM56 engines. The financing was provided by CIT Bank, the
UTC Aerospace Systems’ Landing Systems business marked a major milestone when it delivered its 5,000th set of landing gear for a Next-Generation 737 to Boeing. The gear components were delivered from their final integration site, the Landing Systems facility in Everett, Washington. The Everett facility supports the Boeing production line through provision of fully integrated
Boeing is forecasting continued strong growth in demand for commercial aviation pilots and maintenance technicians as the global fleet expands over the next 20 years. Boeing’s 2014 Pilot and Technician Outlook, released at EAA AirVenture Oshkosh, projects that between 2014 and 2033, the world’s aviation system will require 533,000 new commercial airline pilots and 584,000
