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Alliance announced between Skyone Maintenance Services and Kelly Aviation Center

November 20, 2013

Skyone Maintenance Services officials announced a business alliance with Lockheed Martin’s Kelly Aviation Center (LMKAC), a provider of engine maintenance, repair and overhaul (MRO) services, at the Dubai Air Show. Our chairman’s, Jaideep Mirchandani’s vision is to be a premier provider of commercial aircraft and engines throughout the Middle East,” said Salim “Sam” Sayani, Skyone

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flydubai to renew heavy maintenance agreement services with JorAMCo

November 20, 2013

For the second year in a row, JorAMCo has signed a contract with flydubai to provide the UAE-based carrier with ‘C’ checks for its Next-Generation 737-800 aircraft that are due for maintenance services throughout 2014. The maintenance service to be provided by JorAMCo includes C1, C2, C3 and C4 checks. Moreover, JorAMCo will be executing

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$40bn for GE and CFM International at Dubai Air Show

November 20, 2013

GE Aviation and CFM International received commitments for engines and services valued at $40bn (USD list price) at this week’s Dubai Air Show. These commitments will ultimately translate into purchase orders that will grow GE Aviation’s equipment and services backlog, which reached $114bn by the end of this year’s third quarter. This total includes an

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Boeing forecasts increased demand for airline pilots in Middle East

November 19, 2013

Boeing projects that airlines in the Middle East will need nearly 100,000 new pilots and technicians to support the expanding demand for new airplane deliveries over the next two decades. At the Dubai Air Show this week, Boeing released the regional projections of the 2013 Pilot and Technician Outlook a respected industry forecast of aviation

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Emirates to implement Airbus Managed Inventory (AMI) Service

November 19, 2013

Emirates Airline has signed an agreement to implement a structured trial of the Airbus Managed Inventory (AMI) service which is expected to lead to a wider implementation thereafter. The AMI service, which underlines Airbus’ innovative strategy in offering customized services based on latest industry standards, continuously ensures the automatic replenishment of high-usage and non-repairable parts

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Air Algérie orders three A330 passenger aircraft

November 19, 2013

Air Algérie has signed a Memorandum of Understanding for three A330-200 passenger aircraft as part of the carrier’s continued growth plans. This order has been placed at Dubai Airshow 2013. The new aircraft will be deployed on medium and long haul routes from the Air Algérie hub in Algeria. Air Algérie has already ordered a

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FLY Leasing upsizes and amends 2012 Term Loan

November 19, 2013

FLY Leasing, a global lessor of modern commercial jet aircraft, announced it upsized and amended its 2012 Term Loan. The Term Loan, which had a balance of approximately $375m as of September 30, 2013, was upsized by $105m. The incremental borrowing was priced at 99.75% of the principal amount. FLY will use the net proceeds

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Spirit AeroSystems (Europe) Aftermarket enters into cooperation agreement with Lufthansa Technik

November 19, 2013

Spirit AeroSystems ( Europe ) and Lufthansa Technik AG have entered into a multi-year cooperation agreement related to the joint provision of repair, overhaul and supply services for the CFM56-7B and GE90-94/-115 thrust reversers and cowlings operated by Lufthansa Technik’s customers in the Europe , Middle East and Africa (EMEA) region. Under this agreement, Lufthansa

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