Aircastle released that lease rental and finance lease revenues for the second quarter were $162.0m, up $7.5m or 5% year over year, due primarily to the impact of aircraft acquisitions of $26.1m, partially offset by lower revenues due to aircraft dispositions of $9.5m and from the effect of lease extensions, transitions and terminations of $9.1m.
An Aero Maintenance Group (AMG) subsidiary, AMG Flite Components (Flite) has entered into a radome support and repair partnership with Spirit Airlines in support of their 50+ and growing fleet of A320-family aircraft. The multi-year partnership places spare radomes at Spirit’s key maintenance locations and provides minor repair to full overhaul services for all Spirit
In 2010, TAP Maintenance and Engineering Brazil earned the certificate of an Embraer Authorized Service Center (EASC) in Brazil, becoming the only aircraft maintenance company in Latin America certified for all service levels on all commercial aircrafts manufactured by Embraer, as regulated by ANAC and FAA. Now, TAP M&E Brazil, which already holds numerous certifications
GE Capital Aviation Services Limited (GECAS) announced delivery of two new Boeing 737-800s to Turkish low cost carrier Pegasus Airlines following a purchase-and-leaseback transaction. The two aircraft come from Pegasus’ existing order book with Boeing and were delivered in January and June. They will expand the airline’s current fleet of 45 aircraft.
MAINtag, a leading provider of aerospace flyable RFID tags, readers, software and integration services, has launched FLYcheck, a 3D iPad-based assets management solution for inventory and maintenance of cabin passenger and security equipment. The FLYcheck interface delivers a realistic three-dimensional view of an aircraft’s interior cabin, and provides data, graphics and animation for multiple viewing
THK Gökçen Aviation, the commercial company of the Turkish Aeronautical Association THK, yesterday received the first five EC135s to provide medical airlift duties throughout Turkey. The helicopters will start operations in August. The delivery of this first batch takes place only three months after the selection of Eurocopter as preferred manufacturer. THK Gökçen Aviation and
AirAsia X extended its contract with AFI KLM E&M covering the component support for its fleet of Airbus A330s and A340s. The initial contract inked in 2009 only covered one leased aircraft, but has been extended twice in order to support the expansion of the Malaysian carrier. This includes the 25 new A330s ordered from
Werner Aero Services has begun the tear down of one of its A319 aircraft that was last operated by TAM. The teardown process takes place in Arizona and is expected to be completed in August. “The components from this aircraft will be used to support Werner’s Airbus customers. The availability of these components will help
Monarch Aircraft Engineering (MAEL) has assisted Tasman Cargo Airlines (TCA) in gaining its Civil Aviation Safety Authority (CASA) Part 42 approval, which is Australia’s equivalent to the EASA Part M approval. MAEL’s technical service team provided full management support of the regulatory approval process for the Australian carrier’s Boeing 757 aircraft which has transferred on
Triumph Group reported that net sales for the first quarter of fiscal year ending March 31, 2014 totaled $943.7m, a 6% increase from last year’s first quarter net sales of $887.7m. Organic sales for the quarter decreased 2% primarily due to a decline in non-recurring revenue. Net income for the first quarter of fiscal year
