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
Boeing delivered the 12th production P-8A Poseidon on schedule on Oct. 25th, enhancing the long-range maritime patrol capabilities of the U.S. Navy. The P-8A departed Boeing Field in Seattle for Naval Air Station Jacksonville, Fla., where it joined the other Poseidon aircraft being used to train Navy crews. The aircraft is the sixth from the
Aircastle reported a third quarter 2013 net loss of $74.6m and an adjusted net loss of $69.1m. The third quarter results included operating and finance lease rental revenues of $165.3m, an increase of 1.4%, versus $163.1m in the third quarter of 2012. The third quarter 2013 results include $106.1m of non-cash impairment charges consisting mostly
Volga-Dnepr Technics has been awarded a contract to provide maintenance services in Moscow for Aeroflot-Russian Airlines’ Boeing 737NG (Next Generation) aircraft fleet. The agreement for maintenance at the city’s Sheremetyevo Airport also includes a provision for Volga-Dnepr Technics to supply qualified personnel for maintenance supervision and other field services in support of Aeroflot’s flight operations.
Island Transvoyager, a growing airline in the Philippines, has decided to outsource maintenance support and spare parts to Sabena technics for its fleet of ATR aircraft until 2018. Within the scope of the contract, Sabena technics will provide ITI with pool access as well as repair and overhaul of ATR 42-500 components to ensure the
Commsoft, a world leader in aviation engineering and maintenance systems, has signed a new three-year contract for 15 concurrent users with NextJet, one of Sweden’s largest domestic airlines. To support its fleet of 10 SAAB 340 aircraft, Next Jet plans to migrate to the latest AMP version of OASES sometime during 2014 and will be
