With an order for up to 30 CSeries aircraft, CDB Leasing (CLC) of China will be the first recipient of Pratt & Whitney PurePower engines in mainland China. In a purchase agreement with Bombardier Aerospace, CLC will receive up to 30 CS100/CS300 aircrafts. The CSeries aircraft family is powered exclusively by Pratt & Whitney PurePower
Pratt & Whitney has signed an exclusive, 10-year Fleet Management Program (FMP) agreement with Malaysia Airlines to maintain the airline’s fleet of 43 PW4170 installed engines and spare engines. The agreement, which includes an option to extend the contract for up to five additional years, is valued at approximately $550m. The Pratt & Whitney engines
Air Canada reported record full year earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent (“EBITDAR”(1) of $1.433bn (or $1.515bn including the impact of benefit plan amendments) compared to EBITDAR of $1.320bn (or $1.447bn including the impact of benefit plan amendments) in 2012, an increase of $113m (or $68m including the impact of
Boeing and Nok Airlines announced a commitment to order eight Next-Generation 737-800s and seven 737 MAX 8s. The commitment, valued at $1.45 billion at list prices, will establish Nok Air as the first airline in Thailand to operate the 737 MAX. Boeing will work with the Bangkok-based airline to finalize the details of the agreement,
UTC Aerospace Systems has extended its Comprehensive Accessory Repair and Exchange (C.A.R.E.) program with Singapore Airlines to provide repair services and asset management for the airline’s expanded fleet of Boeing 777 aircraft. The original C.A.R.E. program for Singapore Airlines began in 2007 and included service coverage of air management and electric power systems for the
Rolls-Royce has completed a long-term agreement with Lockheed Martin worth up to US$1bn to deliver approximately 600 engines to power future C-130J Super Hercules aircraft. The agreement secures the Rolls-Royce AE 2100 as the engine of choice for all variants of the C-130J to 2025. The engine agreement will service US Government and International contract
Turbomeca (Safran) announced its agreement with Indonesia’s PT Travira Air for a Customer Support agreement extending a “Support By The Hour” (SBH) contract for five more years. The €5.7m ($9.5m) contract covers a total of 20 engines (Arriel 1D1, 2S1,2S2 and 1S1), including spares, fitted to seven Sikorsky S76 and one Airbus Helicopters AS350B2 aircraft.
Nigerian-based Discovery Air has selected ASC to provide full component support on its fleet of Boeing B737-300 aircraft. This Power-by-the-Hour (PBH) contract will cover an initial three operational aircraft, with scope to expand as the airline looks to develop its route network domestically and regionally to destinations including Gambia, Ghana and Cameroon. New start-up Discovery
Embraer Commercial Aviation forecasts that airlines in Asia Pacific, including China, will take delivery of 1,500 new jets in the 70 to 130-seat segment over the next 20 years (valued at US$70bn at list prices), representing nearly 20% of the worldwide demand for the segment in the period. Of the region’s new deliveries, 65% are
Bell Helicopter and Air Juan signed a purchase agreement on Februray 11th, for a Bell 429 in a wheeled landing gear (WLG) configuration. This aircraft is the first WLG configuration to be sold into the Philippines. Air Juan, which is based in the Philippines, will use the aircraft for corporate travel and to support its
