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Japan Airlines signs GTA with AJW Aviation to provide component support

Japan Airlines (JAL) has signed a General Terms Agreement (GTA) with AJW Aviation, a leading independent integrated aircraft support specialist, to provide spares support across its fleet and subsidiary airlines. AJW will support Japan Airlines’ fleet of Boeing aircraft from its Singapore-based facility which offers extensive service-ready Boeing component inventories to help minimise AOG delays

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Milestone Aviation Group secures $600m revolving credit line

Milestone Aviation Group, a global leader in helicopter leasing, has closed on a five-year, $600m revolving credit line that includes an unfunded revolving accordion feature to expand the borrowing capacity up to $750m. This revolver represents the largest-ever debt facility for a helicopter lessor and will be used to fund growth initiatives and acquisitions. Since

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FLY Leasing acquires 2013 Vintage Boeing 737-800

FLY Leasing, a global lessor of modern commercial jet aircraft, acquired a 2013 vintage Boeing 737-800. The aircraft is on a long-term lease to a leading carrier in China. The purchase was financed with FLY’s unrestricted cash and its aircraft acquisition facility.

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Air Lease Corporation announces second quarter 2013 results

Air Lease Corporation reported that revenues in the second quarter increased 31.4% to $207.9m for the three months ended June 30, 2013 compared to $158.2m for the three months ended June 30, 2012. Income before taxes increased 51.1% to $66.3m with a pretax margin of 31.9% for the three months ended June 30, 2013 compared

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Comlux named GE Authorized Service Center for CF34-3 engines

GE Aviation named Comlux as an authorized service center for GE’s CF34-3 engines that power the Bombardier Challenger series. With this agreement, Comlux can perform line maintenance inspections and routine installed engine maintenance, including removal and replacement of engines and engine components. This authorization also allows Comlux to provide OnPoint solution and GE’s new engine

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ThyssenKrupp Aerospace acquires business activities of The Waterjet Group

ThyssenKrupp Aerospace, via its UK subsidiary, has acquired the business activities of The Waterjet Group, based in Darton, South Yorkshire/UK. The closing took place on July 31, 2013. The parties have agreed not to disclose the purchase price. The Waterjet Group (around 40 employees) was established in 2002 and is a leading UK waterjet cutting

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Volartec and Aerosapience pen partner agreement

Volartec have signed a new partnership agreement with Hong Kong-based Aerosapience Limited. With the simultaneous appointment of a new Regional Sales Manager in the region it opens new channels for Alkym in the APAC region. The partnership will see Aerosapience provide authorized sales representation and implementation support for Alkym Management and Control System for Aircraft

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Lufthansa Technik AERO Alzey services Arkia Israeli Airlines

The Israeli operator Arkia Israeli Airlines (AIZ) and Lufthansa Technik AERO Alzey (LTAA) have agreed on a closer cooperation in engine repair and overhaul for Arkia’s CF34-10E powered E195 aircraft. First MRO services have been accomplished supported by Spare engine lease. AIZ is operating a mixed fleet of B757, ATR72, E195 and Business Jets with

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