GE Capital Aviation Services signed a purchase-and-leaseback agreement with TUI Travel for two new Boeing 787-8 Dreamliners. The aircraft are scheduled for delivery in May and June 2014 and will become the first 787 models in the GECAS fleet.
Comlux America, the completion and service center of the Comlux Group, located in Indianapolis, IN, launched a new Supplemental Type Certificate (STC) project on the Bombardier Challenger CL-600 series. The STC project installs and certifies the equipment required for operation in airspace requiring Cockpit/Pilot Data Link Communications (CPDLC). The system incorporates equipment from Universal Avionics
Panasonic Avionics will double the size of its connectivity-equipped fleet by the end of 2014 following FAA certification of a bird strike compliant radome for B777-200 aircraft. The STC (supplemental type certificate) for the B777-200 radome paves the way for approvals on other aircraft types. Panasonic currently has more than 150 B777-200 aircraft scheduled for
Additive manufacturing technology is rapidly spreading from one industry sector to the next. In the field of aero engine construction, Munich-based MTU Aero Engines has achieved a breakthrough: As one of the first companies to use the new technique, MTU produced components for production engines this past May. These parts – borescope bosses for the
TrueAero received its first consigned A320 “End of Life” aircraft which has completed the part-out process and will now be re-distributed from TrueAero’s 50,000 ft² facility in Sebastian FL. One of the CFM56-5A engines will be placed on lease and the other parted out, significantly increasing the consignors net return.”
Eclipse Aerospace announced the first customer delivery of an Eclipse 550 Twin-Engine Jet in Albuquerque, N.M. following Federal Aviation Administration (FAA) certification. Eclipse Aerospace announced the start of production of the Eclipse 550 Jet at their Albuquerque facility in June of 2012. Since then, EAI has engaged in a major effort to validate and improve
Aircastle announced it plans to offer an aggregate of $400m principal amount of its senior notes due 2021. Aircastle plans to use the net proceeds of the offering, together with cash on hand, to fund the repayment or redemption of its 9.75% senior notes due 2018. Goldman, Sachs & Co., BNP Paribas Securities Corp., Citigroup
Embraer Commercial Aviation rolled out the first E175 featuring a range of aerodynamic improvements that reduce fuel burn compared to the previous production aircraft. The modifications include the introduction of a new wingtip, systems optimization, and streamlining of aerodynamic surfaces. The aircraft was presented to Embraer employees at a ceremony at the company’s São José
Indian low cost carrier SpiceJet announced the purchase of 42 Boeing 737 MAX aircraft powered by CFM International’s LEAP-1B engines. The engine order is valued at $1.1bn at list price. SpiceJet, a long-time CFM customer, currently operates a fleet of more than 40 CFM56-7B-powered Boeing Next-Generation 737-800 and 737-900ER aircraft.
AeroCentury, an independent aircraft leasing company, reported its operating results for the fourth quarter and year ended December 31, 2013. The Company reported a net loss of $1.4m for the fourth quarter of 2013, compared to net income of $1.8m for the fourth quarter of 2012. However, for the year ended December 31, 2013, the
