WheelTug plc reported the execution of a Slot Option Purchase Agreement with Air Transat, for four slot options for 737NG aircraft. With the new reservations the order book of WheelTug aircraft drive systems grows to 785 delivery slots reserved by fourteen airlines from Europe, America, the Middle East and Asia.
Irish airline Aer Arann, operating regional air routes for Aer Lingus Regional, and the European regional aircraft manufacturer ATR have agreed to extend its existing Global Maintenance Agreement (GMA) covering the airline’s fleet of eight ATR 72-600s and two ATR 72-500 aircraft for five more years. The original contract was signed in 2007 with the
Unique Airmotive Services has brought on line a new digital state-of-the-art test bench capable of testing a wide range of APU accessories, including Fuel Controls, Combustors, Atomizers, etc. These additional capabilities will allow UAS to serve their already growing list of Domestic and International Airlines as well as Maintenance and Repair Organizations (MRO’s) for the
FLY Leasing, a leading global lessor of modern commercial jet aircraft, announced the completion of the following transactions during 2013: the company signed agreements to lease 36 aircraft, purchased 14 aircraft, including one A320, eleven B737-NGs, one B777-300ER and one B787-8 and sold ten aircraft (average age 13.6 years) for a net gain of $6.3m.
Boeing Commercial Airplanes fourth-quarter revenue increased to $14.7bn and full-year revenue increased to a record $53bn on higher delivery volume. Fourth-quarter operating margin improved to 10.3% and full-year operating margin grew to 10.9% on the higher volume, favorable delivery mix and continued strong operating performance. During the quarter, the company launched the 777X with 259
Romanian aerospace company Aerostar S.A., released that in the past two years the number of ‘C’ and ‘D’ checks carried out by Aerostar for its Middle East, Turkey and North African customers has averaged 26/27 aircraft per year. Last year the market in the region represented some 53% of Aerostar’s commercial MRO business which saw
WheelTug plc reported the execution of an agreement for 50 WheelTug systems for 737 MAX aircraft. The customer is unnamed at this time. With the new reservations the order book of WheelTug aircraft drive systems grows to 781 delivery slots reserved by thirteen airlines from Europe, America, the Middle East and Asia. WheelTug is in
Boeing Shanghai Aviation Services, (Boeing Shanghai) reported the signing of 767 heavy maintenance agreements with Air Astana and Rossiya Airlines. The airlines, based in Kazakhstan and Russia, respectively, are new customers for Boeing Shanghai. Boeing Shanghai will conduct two 767 C-checks for Air Astana and three 767 C-checks for Rossiya Airlines at Boeing Shanghai’s facility
Airbus’ A350 XWB MSN3 development aircraft with a team of 48 Airbus specialists have arrived at Iqaluit, Canada for several days of cold weather trials. The various tests for the aircraft its engines and its systems include a ‘cold soak’ down to minus double-digit temperatures. The scope of the trials include: APU and engine starts
For the fourth quarter 2013, AAG reported a GAAP net loss of $2.0bn, which includes $2.4bn of net special charges. This compares to a net profit of $262m, which includes $350m of net special credits in the fourth quarter 2012. AAG’s GAAP financial results include the results for US Airways only for the period from
