FLY Leasing, a global lessor of modern commercial jet aircraft, has added four more aircraft to its fleet, including one Airbus A319 manufactured in 2004 and three Boeing 737-800s, one manufactured in 2008 and the other two in 2010. The aircraft are leased to leading airlines in Europe and Asia with a remaining weighted average
The Sultanate of Oman accepted the first of its second order of Lockheed Martin F-16 Fighting Falcons in a ceremony April 3rd, at Lockheed Martin’s Fort Worth facility. The fighter aircraft will ferry to Oman later this year. In 2002, the Sultanate of Oman became the 23rd member of the F-16 family and now joins
Republic Airways Holdings reported that members of the International Brotherhood of Teamsters (IBT) Local 357 failed to ratify a proposed four-year pilot labor agreement. IBT Local 357 represents more than 2,200 pilots for Republic’s sister companies Chautauqua Airlines, Republic Airlines and Shuttle America. The proposed contract included increases in pay that would have placed Republic
Deutsche Lufthansa announced a firm order for CFM International’s advanced LEAP-1A engine to power 15 Airbus A320neo and 25 A321neo aircraft. The firm engine order is valued at more than $1.0bn at list price. In addition, the airline has also selected the LEAP-1A engines to power incremental A320neo family aircraft orders. Lufthansa, which is part
Volartec, one of the fastest growing IT companies in the aviation industry, welcomed VECA Airlines as the first operator based in El Salvador. Several months ago during the startup process VECA Airlines selected Alkym as the system to manage all of their technical operations. VECA Airlines has now completed the implementation Alkym Management and Control
Marshall Aviation Services, part of the Marshall Aerospace and Defence Group, has been awarded a preferred supplier agreement with Isle of Wight based manufacturer, Britten-Norman to undertake exterior paint work on up to 15 of its Islander and Defender aircraft. The year-long agreement which was ratified at the end of 2013 represents an important and
Tailwind Capital has successfully sold two aircraft to an undisclosed buyer as part of its exclusive remarketing mandate with Goldman Sachs (New York). The transaction included two Boeing 717-200 jet aircraft, which are currently operated by US operator AirTran Airways. These aircraft were originally acquired by Goldman Sachs as part of a larger portfolio purchase.
Air Canada has committed to operate a CFM56-5A engine managed by TrueAero. The engine is part of multi aircraft, A320 “End of Life” consignment program that was recently awarded to TrueAero.
MidairUSA reported the recent completion and delivery of the Aircastle B747-400, which included a bridge modification and heavy “D” check, bringing the total of completed B747-400 bridge heavy check , maintenance and modifications to over twenty one aircraft delivered in less that thirty six months. Modification services performed scaled the entire spectrum from high density,
MTU Aero Engines laid the foundation stone for a purpose-built, advanced logistics center on its company premises in Munich. Starting in January 2015, the brand new two-story building with a surface area of 4,400 m² will concentrate the tasks of 115 employees from incoming goods, customs and foreign trade and receiving inspection. The total investment
