GE Aviation hosted a ceremonial ground breaking on July 22nd, for a new $100m jet engine assembly facility in Lafayette, Indiana. The new 225,000-ft² facility in Lafayette will assemble the new LEAP engine of CFM International, a 50/50 joint company of GE and Snecma (Safran) of France. CFM has logged total orders and commitments with
Nordic Aviation Capital rounded off a successful week at the Farnborough Airshow with the signing of a Letter of Intent with Japan’s Amakusa Airlines for a sole ATR 42-600. When the Kumamoto Prefecture based regional airline accepts the aircraft in the fourth quarter of 2015, it will become the first ATR 42 operator in Japan.
Rockwell Collins reported total sales for the third quarter of fiscal year 2014 were $1.26bn, an increase of 12% from the same period in 2013, primarily due to the acquisition of ARINC. Total segment operating earnings for the third quarter of fiscal year 2014 were $263m, an increase of $6m from the same period a
LOT Polish Airlines has selected Liebherr-Aerospace Lindenberg GmbH, to overhaul the main and nose landing gear systems of their Embraer E-Jet E1 fleet, which comprises E170 and E175 aircraft. The contract was signed at the Farnborough International Airshow. In addition to MRO services, it includes an integrated support solution, which covers spare parts and engineering
Héroux-Devtek, a leading Canadian manufacturer of aerospace products, has renewed an important multi-year contract with Bell Helicopter for the manufacturing of components and assemblies for several helicopter programs. Under the terms of the agreement, Héroux-Devtek will manufacture the main rotor hub and the tail rotor hub for the new Bell 505 Jet Ranger X, as
Fokker Elmo, a business unit of Fokker Technologies and SASMOS HET Technologies have signed agreements for producing electrical wiring interconnection systems in Bangalore, India. Recognizing the Indian aviation market is one of the fastest growing and most dynamic aviation markets in the world, aircraft manufacturers have the need for Indian Industrial Participation, presenting an excellent
AAR, a leading, global aerospace and defense company, reported fourth quarter and full Fiscal Year 2014 consolidated results. Fourth quarter consolidated sales were $505.4m versus the prior year level of $553.8m. Sales in the Aviation Services segment declined 10% to $373.8m mainly due to softness at the Company’s MRO facilities and fewer expeditionary airlift flying
Pratt & Whitney has signed a depot activation contract with Aerospace Industrial Maintenance (AIM) Norway to establish a Maintenance, Repair, Overhaul, & Upgrade (MRO&U) capability for the F135 engine which powers the F-35 Lightning II fighter aircraft. This initial contract will include planning and management activities required for depot activation in 2018. Follow-on contracts are
Mechanics and Related, Fleet Service, and Maintenance Training Specialists workgroups at US Airways, represented by the International Association of Machinists (IAM), ratified three collective bargaining agreements on July 19th, covering more than 11,000 employees. The agreements will remain in effect for the US Airways employees until a joint collective bargaining agreement covering the 30,000 employees
Tianjin Airlines announced an order for 20 CF34-10E-powered EMBRAER E190 aircraft. The engine order is valued at more than $300m list price. As the largest regional airlines in China, Tianjin Airlines already have an extensive fleet of CF34-powered EMBRAER E190s in service that have proven themselves as exceptionally durable and reliable.
