Embraer Defense & Security signed a contract to acquire the remaining 50% of Atech Negócios em Tecnologia S.A. shares, as part of its acquisition strategy. Since the Company had already acquired 50% of Atech, in April 2011, it now becomes the only shareholder of Atech. The conclusion of the deal is subject to meeting certain
An agreement signed by Eurocopter and Waypoint Leasing offers value and flexibility to helicopter lessees through the companies’ enhanced commercial and marketing resources. The agreement, announced at London’s Helitech International exposition, enables Waypoint to offer its client base the full capabilities of Eurocopter’s comprehensive Parts-by-the-Hour (PBH) support services. Eurocopter’s Parts-by-the-Hour program provides highly adaptable and
AFI KLM E&M is contracted to maintain A320 engines of airline Aigle Azur, which operates a fleet of 12 aircraft of this type. The outcome of a year’s negotiations, the long-term agreement covers shop visits, overhauls and repairs for the CFM56-5B power plants.
As aviation becomes increasingly accessible in all parts of the world, future Journeys will increasingly be made by air particularly to and from emerging markets. According to Airbus’ latest Global Market Forecast (GMF) in the next 20 years (2013-2032), air traffic will grow at 4.7% annually requiring over 29,220 new passenger and freighter aircraft valued
FLY Leasing, a global lessor of modern commercial jet aircraft, has purchased another brand new Boeing B737-800 aircraft. The aircraft is on a long-term lease to a leading Asian airline. The purchase was financed with FLY’s unrestricted cash and its acquisition facility.
Etihad Airways, the national carrier of the United Arab Emirates, has foreshadowed more investments in other airlines, as it continues to increase its global presence through a mix of organic growth and strategic partnerships. James Hogan, the airline’s president and chief executive officer, said the airline was currently engaged in three major transactions – the
Turbomeca (Safran) and Avincis Group reported the signature of a global support contract that covers engines operated by Inaer, Bond Air Services, Bond Offshore Helicopters and Australian Helicopters. This agreement further enhances the strengthening relationship between Avincis and Turbomeca.This agreement includes the incorporation into Turbomeca’s Support By the Hour (SBH) programme for the Inaer fleet
AJW Aviation has signed a three year contract with the Engine Lease Finance Corporation (ELFC) to become long term engine consignment partners. AJW provides complete aircraft spares support to a global portfolio of more than 800 airlines and operators and this represents an important source of high value engine spares for the Company’s inventory. The
BAE Systems Regional Aircraft announced at the MRO Europe exhibition and conference in London that it has secured its first contracts for interior and avionics upgrades for a range of different aircraft types. Around 70 Boeing 737 Classic, Boeing 757 and ATR72 aircraft are being upgraded in three separate programmes where BAE Systems Regional Aircraft
Mauritania Airlines International, the national flag carrier, has decided to outsource maintenance support and spare parts to Sabena technics for its fleet of Boeing B737 CG & NG aircraft until 2018. Within the scope of the contract, Sabena technics will provide Mauritania Airlines with unlimited pool access B737 CG & NG, components, repair & overhaul
