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CHC AW139 fleet sets 100,000 flight hour milestone

CHC Helicopter’s AW139 helicopter fleet has set a major operational milestone by reaching 100,000 flight hours, with the fleet leader achieving over 9,000 flight hours in less than eight years. A leading AW139 customer, CHC operates more than 40 AW139s globally performing a wide range of missions including offshore transport, search and rescue and emergency

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BOC Aviation in second transaction with Lion Air

BOC Aviation signed an agreement with Lion Air for four 737-800 aircraft and one 737-900ER for delivery this year and in 2015. This builds on the success of the November 2012 transaction for six Boeing 737-800 and three 737-900ER aircraft. The 737-900ER aircraft delivered to Lion Air were the first of the kind in the

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Saab and Mxi Technologies sign teaming agreement

Saab, acting through its Business Area Support and Services, and Mxi Technologies, announced the signing of a Teaming Agreement in the provision of Military Fleet Management to armed forces worldwide. This cooperation combines Saab´s experience in integrated technical and logistic support solutions for complex systems and Mxi Technologies state-of-the-art Maintenix software, to deliver a comprehensive

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Lufthansa Technik and Puerto Rico announce new aircraft overhaul site on Island

Lufthansa Technik and the Commonwealth of Puerto Rico announced an agreement to create a new aviation maintenance, repair and overhaul (“MRO”) facility in Puerto Rico, which will service short-haul and medium-haul aircraft. Agreements to this effect have now been signed with the government of Puerto Rico and the responsible port authority and the company plans

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Air Canada announces pricing of upsized offering of unsecured notes

Air Canada has priced its previously announced private offering of senior unsecured notes. The offering was upsized from the previously announced US$300m aggregate principal amount as Air Canada entered into a purchase agreement with a syndicate of initial purchasers relating to US$400m of 7.75% senior unsecured notes due 2021 (the “Notes”). The Notes will be

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Bombardier’s Learjet 85 takes flight

Bombardier’s Learjet 85 aircraft successfully completed its first flight, achieving a major milestone in a business aircraft development program that will redefine the midsize segment. This first flight marks the start of the Learjet 85 aircraft’s flight test program leading up to the first customer delivery. During its maiden flight which lasted approximately 2 hours

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Cathay Pacific Airways awards IAE 10-Year V-Services FHA

IAE International Aero Engines has signed an exclusive, 10-year V-Services Fleet Hour Agreement (FHA) with Cathay Pacific Airways to manage 48 V2500 engines operated by its wholly owned subsidiary Dragonair. The agreement will cover installed engines on 15 A320ceos and seven A321ceos, in addition to four spare engines.

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Rolls-Royce starts assembly of first higher-thrust Trent XWB

Rolls-Royce has started assembly of the first higher-thrust version of the Trent XWB which will exclusively power the Airbus A350-1000 aircraft. The Trent XWB-97, a 97,000lb-thrust version of the engine, will run for the first time later this year, with first flight scheduled for the end of 2016 and entry into service in 2017. The

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