The Merex Group has completed the acquisition of Florida based Kellstrom Defense Aerospace. The acquisition of Kellstrom Defense creates a combined business with an expanded bundle of capabilities for legacy aircraft sustainment and unmatched channel access to serve the needs of global defense customers. Kellstrom Defense is a leader in providing distribution, life extension, maintenance
AerFin Limited has opened a new 45,000 ft² aircraft engine disassembly facility in the United Kingdom, providing storage, warehousing and parts distribution services. The company, which offers a broad scope of specialist engine support for Rolls Royce, CFMi, GE and Pratt and Whitney products for such engine types as RB211, Trent, CFM56-7/5B, PW4000, CF6 and
Atlas Air Worldwide reported the placement of two Boeing 747-8 Freighters into ACMI service for DHL Express. The two aircraft will be operated by Atlas Air, in Polar Air Cargo Worldwide’s transpacific express network under an ACMI arrangement for the benefit of DHL Express and Polar’s other customers. The aircraft replace two Boeing 747-400 Freighters
Republic’s pre-tax income from continuing operations was $22.8m an 18.1% increase over the March 2013 quarter. As of Dec. 31, 2013, Republic had a significant amount of federal net operating loss carryforwards and does not anticipate paying significant federal taxes for the next several years. Republic’s net income for the March 2014 quarter was $14.0m.
Boeing and Ryanair have finalized an order for five additional Next-Generation 737s, valued at $452m at list prices. This latest announcement brings the total number of unfilled Next-Generation 737 orders for the Ireland-based ultra-low-cost carrier to 180 airplanes.
CEBU AIR, an airline based in the Philippines and operating as CEBU Pacific Air, has trusted Sabena technics with the support of their fleet of ATR 72-500 aircraft until 2019. Within the scope of this five-year contract, Sabena technics will provide CEBU AIR with a large range of solutions including pool access, repair and overhaul
AAR (NYSE: AIR) has signed a five-year exclusive contract with Air Canada to support its fleet of 89 Airbus 319, 320 and 321 narrow-body aircraft. The scheduled heavy maintenance will be performed at AAR’s maintenance, repair and overhaul (MRO) facility at Duluth International Airport. The five-year deal formally extends service that began under a letter
During the first quarter of 2014, the economy in China remained stable as the economies in Europe and the U.S. slowly recovered. The demand of the aviation air passenger market grew steadily and the air cargo market showed a slight improvement when compared to the same period last year. During the Period, the Group’s operating
GA Telesis announced its asset transactions for the fourth quarter 2013 and the first quarter of 2014. The company added the following assets to its portfolio: two Boeing B767-200ER, two B757-200 aircraft, one B737-800, one B777-200ER, one Airbus A320-200, one A310-300 aircraft and one new CF34-10E5A1 engine. The company sold or leased eight MD-80 airframes,
AFI KLM E&M and Air China Technics signed a formal agreement organizing support for the GE90 engines equipping the Chinese carrier’s fleet of Boeing 777 aircraft. With this contract AFI KLM E&M signs its largest contract ever and binds the two parties exclusively over the long term with (PBH) “Power By the Hour” support solutions.
