GE Capital Aviation Services Limited (GECAS) announced the delivery of four leased Boeing 737-800 aircraft to Hainan Airlines to expand the carrier’s fleet. Hainan Airlines operates a fleet of more than 120 aircraft to some 90 destinations around the world.
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
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
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
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
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
Avio-Diepen announced the opening of a brand new warehouse location in Dubai. The new warehouse is perfectly centralized within this rapidly growing region as Avio-Diepen continues strengthening its global coverage and answers the demand for spare parts and supply chain services for the local markets. In addition, Avio-Diepen customers in this region will greatly benefit
Air Serbia, the national airline of the Republic of Serbia, announced that ten next generation A320neo aircraft have been confirmed for its fleet. The deal is valued at more than US$1bn at list prices. The deal for Air Serbia, unveiled at the Dubai Air Show, forms part of the major fleet order by its equity
Rolls-Royce confirmed at the Dubai Air Show that it has entered into a Strategic Framework Agreement with Mubadala Aerospace, Communications Technology and Defense Services (ACTDS) to establish the Emirate of Abu Dhabi as a key member of Rolls-Royce’s global network for maintenance and manufacturing activities. As part of the agreement, Rolls-Royce is supporting Mubadala to
Turkish Airlines (THY) has firmed options for five additional GE90-115B-powered Boeing 777-300ER aircraft. THY has also signed a15-year OnPoint solution agreement for the maintenance, repair and overhaul of its new GE90-115B engines on 20 Boeing 777-300ER fleet and extended an existing OnPoint solution agreement by five additional years for its GE90-115B engines that power 12
