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BOC Aviation orders 25 A320 family aircraft, including 12 NEOS

BOC Aviation announced an order with Airbus for 25 A320 Family aircraft, including 12 NEOs, scheduled for delivery from 2015 to end of 2019. The order comprises A320 and A321 variants for both CEOs and NEOs. This comes on following an earlier order for 50 A320 family aircraft, signed in December 2012. BOC Aviation will make

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ICBC Leasing orders V2500 engines for new aircraft

ICBC Financial Leasing, a subsidiary of the Industrial and Commercial Bank of China (ICBC), has entered into an agreement under which IAE International Aero Engines AG’s V2500 engines will power 17 firm and three option A320 series aircraft. This brings the total number of V2500 engines ordered by ICBC Leasing to 37. The new deal

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SR Technics signs contracts with Aeroflot, Aigle Azur and Finnair

SR Technics, part of the Mubadala Aerospace MRO network, has signed a contract with Aeroflot to install the Airbus ALNA V2 (AirLine Network Architecture) on three of the airline’s Airbus A330-200 aircraft. The In-flight Entertainment and Connectivity (IFEC) system installation will be carried out alongside scheduled C-Checks, thus optimizing aircraft down time and maximizing Aeroflot’s

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Air Canada signs maintenance agreement with Premier Aviation

Premier Aviation and Air Canada reported the signing of a five-year agreement for the provision of airframe maintenance in support of Air Canada’s fleet of 60 Embraer E-190 and E-175 aircraft. With the addition of a second line of maintenance at Premier Aviation’s Trois-Rivières, Quebec facility now in place, the work performed for Air Canada

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Embraer Defense & Security acquires remaining 50% of Atech´s shares

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

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Eurocopter and Waypoint Leasing establish comprehensive commercial and marketing partnership for helicopter leasing

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

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Over 29,000 new aircraft required in the next 20 years

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

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FLY Leasing acquires another New B737-800

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.

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