Boeing and Xiamen Airlines have finalized an order for six 787-8s. Originally announced by Xiamen Airlines in May 2011, the order is valued at $1.3bn at list prices. As China’s only all-Boeing fleet carrier, Xiamen Airlines has earned a profit for 27 consecutive years, one of the most consistently successful financial performances in the industry.
ATR obtained the company’s receipt of fleet-wide approval for new generation ATR aircraft to operate from 3 more unpaved runways in the remote parts of Russia. Russian Interstate Aviation Committee (IAC) delivered the approval in late June this year. This certification brings to 4 a total number of runways already approved for use and operations:
UTC Aerospace Systems’ Aerostructures business has been chosen by Sunwing Airlines to service nacelle components for its fleet of Boeing 737 aircraft. Under the five-year agreement, UTC Aerospace Systems’ Alabama Service Center in Foley, Ala. will perform maintenance, repair and overhaul of the inlets, fan cowls and small components for the CFM56-7 engines that power
Boeing has completed the first 787-9 Dreamliner. The second member of the super-efficient 787 family rolled out of the Everett, Wash., factory on August 24th to the flight line, where teams are preparing it to fly later this summer. At 20 feet (6 m) longer than the 787-8, the 787-9 will extend the 787 family
American Capital released that its portfolio company Pan Am Holdings, and its subsidiaries, including Pan Am International Flight Academy, were sold to ANA Holdings, parent company of All Nippon Airways. American Capital and its affiliated funds received $94m in debt and equity proceeds and realized a gain of $12m from the transaction, subject to post-closing
GE Capital Aviation Services Limited (GECAS) announced it delivered an eighth new ATR72-600 to Brazil’s Azul Linhas Aéreas Brasileiras S/A. This leased aircraft came from GECAS’ existing order book with ATR. Three of the new ATRs leased to Azul came from GECAS’ order book. Five of the ATRs came from Azul’s order book with the
Lufthansa Bombardier Aviation Services GmbH (LBAS) has opened an additional hangar at its home base in Berlin-Schoenefeld. With this step LBAS, a leading specialist in the maintenance, repair and overhaul of Bombardier business jets is creating the basis for successful further development of the company. At the same time that the hangar capacity is being
Safran has reached a definitive agreement to sell Globe Motors, a US-based subsidiary of Safran, to Allied Motion on the basis of an expected enterprise value of $90m. The transaction is subject to customary closing conditions, including regulatory approvals and the successful arrangement of debt financing by Allied Motion, and is expected close in the
The European Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA) in the U.S. have certified the M28 fixed-wing aircraft for flight in known icing conditions. The M28 is produced by the PZL Mielec company, a business unit of Sikorsky Aircraft. M28 aircraft produced with the icing system will now be allowed to launch
Turkish Technic continues to expand its service area with the recently held approval of DGCA of India. The approval certificate covers base and line maintenance services of Boeing 777, Boeing 737, Airbus 320 and Airbus 330 aircraft. The approval also covers Hamilton Sundstrand APS 2000 and APS 3200, Honeywell GTCP-85-129H and GTCP-131-9B types APU’s and
