GA Telesis and Wafra Capital Partners jointly announced that GA Telesis has raised $500m from institutional and private clients advised by Wafra Capital Partners to establish a new aviation investment vehicle focused on aircraft and engine investment opportunities. The vehicle will be named GA Telesis Aviation Investments LLC (“GAIN”) and will be managed by GA
Armac Systems, a leading aviation MRO inventory optimization solutions provider, announced its RIOsys 9.0 solution has achieved SAP certification as powered by the SAP NetWeaver technology platform. The solution works with the plant maintenance and materials management software in the SAP ERP application and other solutions in the SAP for Aerospace & Defense solution portfolio,
Lease Corporation International’s (LCI) helicopter division has taken delivery of its fifth AgustaWestland AW139 helicopter, and has placed the aircraft on lease with Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement last year of a long term lease between LCI and Bond’s parent company Avincis Group – a leading global provider
Boeing has identified “green diesel,” a renewable fuel used in ground transportation, as a significant new source of sustainable aviation biofuel that emits at least 50% less carbon dioxide than fossil fuel over its lifecycle. The company is working with the U.S. Federal Aviation Administration and other stakeholders to gain approval for aircraft to fly
Rockwell Collins and Beijing Bluesky Aviation Technology, an AVIC subsidiary, signed a final agreement on January 15th, to establish ACCEL (Tianjin) Flight Simulation Co. LTD. joint venture (JV). The JV, with equal shares owned by the two entities, will create a simulation and training center of excellence in China for commercial flight simulation and training
High-speed wind tunnel tests have started for the Boeing 777X. Testing began last week at Boeing’s Transonic Wind Tunnel in Seattle. Last month, engineers started wind tunnel tests at QinetiQ’s facility in Farnborough, U.K., where testing of the low-speed performance of the airplane continues. Subsequent rounds of low-speed and high-speed testing will provide further design
Air Lease Corporation announced a long term lease agreement with Air France for one new Boeing 777-300ER aircraft from ALC’s order book, which is scheduled for delivery in the fourth quarter of 2015.
Embraer released that it delivered 32 commercial and 53 business jets during the fourth quarter of 2013, thus closing out the year with 90 airplanes delivered to the airline market and 119 to executive aviation, that is, 90 light and 29 large jets. Therefore, Embraer met the estimated aircraft delivery guidance proposed for 2013, for
Boeing and Alaska Airlines completed Boeing’s first firm airplane order of 2014 for two additional 737-900ER (Extended Range) airplanes. The agreement, worth $192m at current list prices, coincides with the direct delivery of the 100th next-Generation 737 airplane to Alaska Airlines.
Aeronautical Engineers reported that Vx Capital Partners have selected AEI to provide their first B737-400SF passenger to freighter conversion. The aircraft is a standard gross weight B737-400 (MSN 25109) built in 1994 and will undergo freighter modification at AEI’s Authorized Conversion Center, Commercial Jet, in Miami Florida.
