Guangzhou Aircraft Maintenance and Engineering Company (GAMECO) signed an Authorized Repair Station agreement with ITT Aerospace Controls, a subsidiary of ITT. Under the terms of the agreement, GAMECO will serve as an authorized repair station in China for a number of parts installed on the rapidly growing fleet of B737 and other platforms such as
Universal Avionics released that Mr. Paul DeHerrera has been appointed to the position of Chief Executive Officer for the company. Mr. DeHerrera has transitioned into this new role as Mr. Joachim L. (Ted) Naimer remains as President and Chairman of the Board.
Starbow Airlines (Ghana) has appointed Cockley Brake to sell its fleet of three Bae146 aircraft. Starbow, which operates domestic and regional services in West Africa from its base in Accra, is currently evaluating replacement regional jet types. Cockley Brake was formed last year by Steve Doughty after a lifetime career marketing regional aircraft for BAE
The Cessna Aircraft Company has selected Crane Aerospace & Electronics to provide SmartStem Wireless Tire Pressure Sensors for their Citation Latitude aircraft. Latitude customers can select SmartStem as an option to be fitted on their aircraft during production, dramatically simplifying the way tire pressure is checked. SmartStem tire pressure sensors are already certified for retrofit
TES released that a Joint Agreement has been signed with Eirtech Aviation to provide Continued Airworthiness Management and Engine specific support services for customers to fulfil CAMO and Engine related obligations. Under the agreement Eirtech and TES will offer customers the provision of aircraft induction, technical records management, maintenance planning, airworthiness data review, EHM monitoring
SR Technics, part of the Mubadala Aerospace MRO network, has signed a contract with Transavia France, a French based low-cost carrier. The five-year contract covers light, line and limited base maintenance activities for the airline’s entire Boeing 737 fleet. The agreement will initially cover 11 aircraft at contract commencement in November 2013, with the scope
MTU Aero Engines AG signed a new syndicated credit facility for 400 million euros, thus securing the group’s funding in the long term. The loan agreement with a syndicate consisting of five banks runs for five years and includes an option to extend the agreement for two years. This funding, which is used for general
Sikorsky Aircraft has successfully completed the initial phase of testing for the first-ever main and tail rotor blades manufactured for the U.S. Marine Corps’ CH-53K heavy lift helicopter program. Designed specially to help meet the Marine Corps requirement to lift the aircraft’s maximum gross weight of 88,000 pounds, the all-composite blades are the largest and
Thales and airberlin group have signed a long-term component services agreement to support the group’s A320 family fleet of 64 aircraft. Under this seven-year Avionics-By-The-Hour (ABTH) agreement, Thales will provide spares provisioning and component maintenance services for a large selection of avionics components onboard the A320 aircraft. The signed agreement covers consignment stock of critical
Bombardier Aerospace’s revenues amounted to $2.0bn for the three-month period ended September 30, 2013, compared to $2.3bn for the same period last fiscal year. EBIT totalled $86m or 4.3% of revenues for the third quarter ended September 30, 2013, compared to $118m, or 5.2%, last fiscal year. Free cash flow usage amounted to $406m (including
