ATR ended 2013 breaking new annual records. The manufacturer increased its turnover to US$1.63bn, an increase of 13% compared to the previous year (2012: $1.44bn). Meanwhile, ATR continued to increase the pace of its deliveries, allowing it to achieve a new record with 74 aircraft delivered to customers during the year; an increase of 16%
Universal released that the first two Dassault Falcon 900B aircraft with a flight deck upgrade through a partnership program with Authorized Dealer, Duncan Aviation, have been completed and delivered. The back-to-back aircraft deliveries demonstrate the successful integration and installation capabilities of Universal Avionics and Duncan Aviation’s partnership. With the program gaining significant momentum, it is
On behalf of Sverigeflyg Leasing AB of Sweden, Skyworld Aviation has arranged the sale of three Saab 340B aircraft to NextJet, also of Sweden. Serial numbers 176 (SE-KXI), 215 (SE-LJS) and 221 (SE-LJT) have been on lease to NextJet since 2010 and the sale contract was concluded at the end of last year. Skyworld Aviation
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group (AIG), completed a total of 281 lease transactions in 2013 including both extensions and new leases of aircraft from ILFC’s portfolio. Furthermore, during 2013, the company ordered 165 new aircraft, purchased 38 aircraft (including the aircraft delivered on sale-leaseback agreements), sold 40
EPCOR, a wholly owned AFI KLM E&M (Air France Industries KLM Engineering and Maintenance) subsidiary dedicated to total support of Auxiliary Power Units (APU) and Pneumatic Components, is driving LEAN MRO operations with Quantum Control. EASA and FAR 145 accredited, EPCOR’s engineering experts continuously work on APU and APU component development while also providing repair
JetBlue Airways, New York’s Hometown Airline, and Etihad Airways, the national airline of the United Arab Emirates, announced plans to begin codeshare operations and provide customers with enhanced travel options worldwide. The agreement, which is subject to government approval, will see Etihad Airways place its “EY” code on JetBlue-operated flights, initially facilitating connections between the
GE Capital Aviation Services Limited (GECAS) reported the delivery of two new leased Embraer E190 aircraft to Air Costa, a new Indian airline focused on regional operations. Air Costa is promoted by the LEPL Group – a major urban infrastructure player in India. Air Costa started operations in October 2013 and currently flies to six
AJW Aviation has once again been selected by Russian airline JSC UTair Aviation to extend its power-by-the-hour support contract for an additional twenty A320 and three B767 aircraft. The initial contract which was signed in April 2013 was to provide power-by-the-hour support for the airline’s fleet of thirty-seven B737-500 and B737-400 aircraft.
A change in management is underway at Lufthansa Technik Philippines: on February 1st, Dr. Burkhard Andrich, currently Senior Vice President Aircraft Component Services at Lufthansa Technik in Hamburg, will take over as President and CEO of the Manila-based Lufthansa Technik Philippines (LTP). This joint venture with Philippine aviation service provider MacroAsia Corporation has a staff
Astronics Corporation, a leading provider of advanced technologies for the global aerospace and defense industries, has entered into a definitive agreement to acquire substantially all of the assets and liabilities of EADS North America’s Test and Services division (EADS T&S) for approximately $53m in cash plus a net working capital adjustment. The agreement is expected
