NetJets, a Berkshire Hathawaycompany, reported that the London City Airport Authority has approved certification to operate its NetJets Signature Series Global aircraft to and from London City Airport. The certification will enhance NetJets service by offering its Global customers the opportunity to utilize a strategically located airport in London.
The sale and leaseback agreements of two Airbus A330 aircraft owned by Finnair have been finalized. The Memorandum of Understanding (MoU) on the transactions was signed on 13 December 2013. The MoU includes also two ordered Airbus A350 aircraft, and sale and leaseback agreements for these two are expected to be concluded in H2 2015,
Republic Airways Holdings reported fourth quarter 2013 income from continuing operations of $16.5, compared to $8.8 in the prior year. Net income, which includes the results of discontinued operations at Frontier, increased 23.8% to $15.6m for the fourth quarter of 2013, compared to $12.6m in the same period in the prior year. Operating revenues for
Alenia Aermacchi, a Finmeccanica company, has signed a contract with the Ministry of Defence of Poland to supply eight M-346 Master. The contract – signed after the aircraft was selected, as already announced – is worth €280m. In addition to the eight aircraft, the provision also includes logistic support, a training programme for pilots and
Turbomeca (Safran) announces the conclusion of a major support contract with ADAC Luftfahrt Technik GmbH. A new ten-year Support By the Hour (SBH) contract covers 28 Arriel 2E engines powering fourteen EC 145T2 operated by ADAC Luftrettung GmbH. ADAC Luftfahrt Technik GmbH is located near Bonn, Germany and performs airframe and engine maintenance for operators
Israir Airlines, a successful provider of scheduled and chartered flights from Israel, is relying on the services of Lufthansa Technik within the framework of a Technical Operations Management (TOM) contract. The core elements of the contract are maintenance services, with a permanent establishment having been set up at Tel Aviv airport especially for this purpose.
GE Aviation and Bristow Group signed the first engine service agreement for the CT7-2E1 turboshaft engine powering the new, twin-engine AgustaWestland AW189 helicopter. This agreement expands the long standing GE – Bristow partnership by adding their new AW189 helicopters to Bristow’s global fleet of Maintenance Cost Per Hour (MCPH) service agreement maintained engines.
Rolls-Royce shared details of its next generation of engine designs, which could be ready within ten years, featuring technology innovation designed to transform performance. The company has built a technology leadership position with its Trent family of engines, the latest of which, the Trent XWB, is the world’s most efficient engine flying today. Trent engines
Abu Dhabi-based Falcon Aviation Services has signed a Letter of Intent (LOI) to acquire one CS300 aircraft and an option for another. With this LOI, Falcon Aviation Services becomes the first customer for CSeries aircraft in the United Arab Emirates. Based on the list price, a firm order for two CS300 aircraft would be valued
Boeing’s P-8A Poseidon program will enter full production, following a $2.4bn contract award from the U.S. Navy for 16 additional aircraft that will bolster maritime patrol capabilities. The order, which will take the total fleet to 53, marks a transition from preliminary low-rate production. Boeing has delivered 13 P-8As to the Navy, which deployed its
