For MTU Aero Engines, this year’s Farnborough International Airshow was a big success: Germany’s leading engine manufacturer has announced around €1.3bn in orders, with new business being at the same level as at the last Farnborough Airshow. The largest share of new orders came from the GE9X for the Boeing 777X, in which MTU has
Avia Solutions Group, a WSE listed global provider of one-stop-shop aviation business solutions, and Kaunas Free Economic Zone Management UAB have signed a memorandum of cooperation with regard to the development of a new Aviation Park in the territory of the Kaunas Free Economic Zone, Lithuania. Upon the successful implementation of all project stages the
Global Eagle Entertainment, a worldwide leading provider of content and connectivity solutions for airlines, has renewed its contract with All Nippon Airways to provide an extensive catalogue of local and international inflight entertainment (IFE). Under this renewed agreement, Global Eagle Entertainment (GEE) will deliver content and services in multiple languages to All Nippon Airways (ANA),
GE has awarded Etihad Airways its TRUEngine designation for its GE-CF6-powered Airbus A330 aircraft. “Etihad is a great customer, and we are very pleased to welcome them to the TRUEngine program,” said Kevin McAllister, President and CEO of GE Aviation’s services organization. “We are committed to providing significant benefits to Etihad, included optimized product support,
The TRUEngine designation continues to gain significant customer acceptance, with engine enrollments expected to top 9,000 GE and CFM International (CFM) engines in coming weeks. Including announcements at the Farnborough Air Show, there are now 138 airlines particpating in the GE and CFM TRUEngine Program. The number of TRUEngine MROs also is expanding, with Evergreen
During Chinese President Xi Jinping’s State visit to Brazil, Embraer S.A. concluded an agreement for the sale of 40 aircraft to China’s Tianjin Airlines, a subsidiary of the HNA Group. The contract, with an estimated value of US$2.1bn at list prices, is comprised of 20 E-Jets and 20 E-Jets E2, which also makes HNA Group
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, signed a three-year long Line Maintenance Agreement with Garuda Indonesia. Under the contract, engineers from FL Technics Storm, part of FL Technics, shall support the carrier’s Boeing 777 aircraft with a comprehensive set of services, including daily and transit checks, defect rectification,
CFM International’s industry-leading LEAP and CFM56 product lines remain the engines of choice for single-aisle aircraft, with the company signing orders, commitments, and long-term service agreements for a total of 1,062 engines at the 2014 Farnborough Air Show. “What an incredible week,” said Jean-Paul Ebanga, president and CEO of CFM International. “We started the show
Bruce Aerospace reported the selection by Swiss International Airlines (Swiss) as a new customer for its popular XLume LED Lighting product line for its fleet of A320/A321, A330 and A340 aircraft. First deliveries will start in September 2014. The product line offers airlines a drop-in replacement for the OEM supplied fluorescent cabin lighting fixtures which
BOC Aviation has priced A$50m of 5.5-year fixed rate senior unsecured notes due 2020 (the “Notes”). The Notes represent an increase over the Company’s A$150m notes issuance priced on 14 July 2014 resulting in a final transaction size of A$200m. The transaction was arranged by Westpac Banking Corporation and issued off BOC Aviation’s US$5bn Euro
