Avpro announced the closure of several deals during the first day of business at HAI Heli Expo in Anaheim, California. Avpro signed an agreement to purchase a new Airbus Helicopters’ EC145 T2 on behalf of an undisclosed corporate client with delivery scheduled for 2015. In addition, the company signed a remarketing agreement with Kocoglu Group,
In the fourth quarter of 2013, Embraer delivered 32 commercial and 53 executive (38 light and 15 large) jets and ended the year with total deliveries of 90 commercial and 119 executive (90 light and 29 large) aircraft. As a result of aircraft deliveries and growth in the Company’s Defense & Security segment, 4Q13 and
Turbomeca, a Safran company, will bring its entire proximity network to bear in supporting customers of Bell Helicopter’s new five-seat, short light single engine helicopter. In a firstever collaboration between the two corporations, the Bell 505 Jet Ranger X will be powered by Turbomeca’s latest Arrius 2R gas turbine. The Arrius 2R engine delivers performance
Amur Finance Company (AFC) announced the formation of a new subsidiary, Amur Helicopter Financial Services (Amur HFS). Amur HFS will address an unfilled need in the marketplace by offering a complete suite of integrated Fleet Management Solutions to the global rotor-wing market. The newly formed Amur HFS offers a broad range of leasing and financial
After having been selected to develop, manufacture, qualify and certify the integrated air management system for the C919 single-aisle aircraft in 2010, Liebherr-Aerospace recently delivered the first bleed air system to Chinese aircraft manufacturer COMAC. The system, which consists of bleed valves, a pre-cooler, a heat exchanger, high-pressure ducting and corresponding pressure and temperature sensors
Heico Corporation reported that net income increased 38% to $27.5m in the first quarter of fiscal 2014, up from $20.0m in the first quarter of fiscal 2013. Operating income increased 44% to $50.4m, up from $34.9m. The Company’s consolidated operating margin increased to 18.9% in the first quarter of fiscal 2014, up from 16.1% in
Noordzee Helicopters Vlaanderen (NHV) has ordered six more Airbus Helicopters EC175s, increasing its acquisitions of the new-generation rotorcraft to 16. NHV is an EC175 launch customer, booking its first contract for 10 of the mid-sized, twin-engine helicopters in 2012. Based in Ostend, Belgium, NHV is specialized in business-to-business aviation services. Its helicopters are deployed to
AgustaWestland, a Finmeccanica company, and Mitsui Bussan Aerospace announced that Yamagata Prefecture Firefighting and Disaster Prevention Agency has chosen the AW139 intermediate twin helicopter to meet its operational requirement following a tender process. The AW139 helicopter is expected to enter service in the second quarter of 2015, replacing an ageing model.
Sky Connect Tracker III is the first system that enables simultaneous worldwide automated tracking, text messaging and voice capabilities to improve crew and passenger safety and increase aircraft availability. The all-in-one voice, text and tracking system from Honeywell Aerospace (HON) has received FAA Supplemental Type Certificates for the Sikorsky S-76, AgustaWestland AW139 and Airbus AS350
Aircastle has reached an agreement with LATAM Airlines Group S.A. to enter into purchase and leaseback transactions involving eight Boeing 777-300ER aircraft. The first group of four aircraft, which were manufactured in 2012, is expected to close early in the second quarter of 2014 with an average lease term of 60 months. The second group
