GE Aviation, a global leader in jet engine and aircraft system production, on June hosted a groundbreaking ceremony at the site of its machining factory in West Jefferson, North Carolina. The new 80,000-ft² expansion will allow for increased capacity as the shop assumes additional machining work. The increase in volume is driven largely by orders
Bombardier Aerospace has delivered the first of 30 enhanced CRJ900 NextGen aircraft to American Airlines Group Inc. The aircraft will be operated by American Airlines Group wholly owned subsidiary PSA Airlines, Inc. under the American Eagle brand. The purchase agreement for the aircraft, which was announced in December 2013, also included options on an additional
Aeroflot released that Dobrolet, its wholly owned low-cost carrier subsidiary, has completed its first commercial flight from Moscow to Simferopol. Aeroflot launched a low-cost carrier project to achieve its strategic goal of increasing the availability of air travel for Russian citizens and to further develop air travel as the most efficient form of passenger transport
B/E Aerospace’s Board of Directors has commenced a process to separate its leading businesses into two independent, publicly traded companies — one focused on aircraft cabin interior equipment – design, development, manufacturing, certification and direct sales on a global basis (“Manufacturing Co.”), and the other focused on distribution, logistics and technical services for the aerospace
Air Lease Corporation reported twelve-year lease agreements with EVA Air (Taiwan) for two new Boeing 777-300ER widebody aircraft, scheduled for delivery in the second half of 2015 and first half of 2016. These aircraft are from ALC’s order book with Boeing.
Mesa Air Group received approval from the Federal Aviation Administration to add the Embraer E175 to its operating certificate, a critical accomplishment in its goal of having the aircraft “on line on time.” Mesa will begin its E-Jet operations this summer with the first of 30 aircraft scheduled for delivery as part of its United
Element Financial Corporation, one of North America’s leading equipment finance companies, has entered into an agreement with Cargojet, to finance three Boeing 767-300ER freighter aircraft for approximately $100m. The transaction will provide the Canadian supplier of air cargo services with additional capacity to support its growing client base.
Willis Lease Finance Corporation (WLFC), the premier independent jet engine lessor in the commercial finance sector, and China Aviation Supplies Import & Export Corporation Limited (“CASC”), a Chinese leader in aviation supplies trade, distribution and logistics, announced the launch of CASC Willis Engine Lease Company Limited (“CASC Willis”), a new 50/50 joint venture. The new
PART, an ARC Aerospace Industries Company, has recently completed maintenance in support of another South America Presidential B737-500 aircraft. The Boeing 737-500 aircraft left PART’s facility on Friday, June 6th after a complete transformation including a C-check and full interior restoration, new paint, along with complete Satcom and IFE upgrade. PART provides Maintenance, Repair, and
Hong Kong Aircraft Engineering Company Limited (HAECO) Group has officially opened a new component MRO facility at Xiamen, in Mainland China called HAECO Component Overhaul , which is a wholly owned subsidiary of the HAECO Group. The initial 1,500 m² component MRO workshop setup has technical capabilities on hydraulic, mechanical, avionic and pneumatic systems across
