Volaris has selected Pratt & Whitney PurePower PW1100G-JM engines to power its order of 30 firm A320neo aircraft. The airline becomes the first Mexican airline to select the Geared Turbofan. Volaris also selected the IAE International Aero Engines AG V2500 engine to power its order for 14 A320ceo aircraft. This Volaris order is for engines,
EADS reported increased revenues and profitability for the first half of 2013, driven mainly by its commercial aircraft business. Order intake increased sharply to €96.6bn with the order book value reaching €634.8bn at the end of June. The reported EBIT amounted to €1.5bn with a half-year Net Cash position of € 5.9bn. In the first
Boeing is enhancing its flight training support for customers of the 787 Dreamliner with an additional 787 full-flight simulator at the Boeing Flight Services campus in London. The new device, ready for training in the first quarter of 2014, will join two other 787 flight simulators currently used for training airline pilots at the London
As part of the recently launched plan to improve the financial position of SAS Group, 4 Excellence Next Generation, SAS has now finalized the sale and leaseback of six Boeing 737-600´s to Deucalion Capital X Limited (advised by the German Bank DVB Bank SE) and the Irish based engine leasing company ELFC (Engine Lease Finance
FLY Leasing has taken delivery of a new Boeing 777-300ER aircraft on a purchase and leaseback transaction with LATAM Airlines Group (“LATAM”). Additionally, FLY has entered into a purchase and leaseback agreement with LATAM for a new Boeing 787-8 aircraft scheduled for delivery in September 2013.
SAS (Scandinavian Airlines System Denmark -Norway- Sweden) has on 30 July 2013 managed to accomplish a private placement of €35m. The private placement is unsecured and has a 5 years term. The funds will be used to support SAS’ longer term liquidity level and be used to pay off upcoming unsecured maturing debt. The private
AerData, a provider of software and services for the aviation industry announced that Boeing will use STREAM records management solution in support of its GoldCare program for airline fleet maintenance. STREAM (Secure Technical Records for Electronic Asset Management) is the industry’s foremost web-based solution used by the world’s leading airlines, lessors and MROs to manage
Reliance Aircraft International, Austin, TX is disassembling an ex-Gulf Air 767-300ER, -80C2 power (24485). Terry Hix, President states “This will be the 10th aircraft disassembled by RAI since its company launch in 2011. RAI’s diverse inventory along with the extensive knowledge of both Boeing and Airbus aircraft by our team allows us to support a
PEMCO World Air Services announced the approval of its Boeing 737 300/400 passenger to freighter modifications by ANAC (Agência Nacional de Aviação Civil), Brazil. Expansion into Brazil adds to PEMCO’s global reach and represents the 30th major national aviation authority certification of its industry-leading 737-300/400 Freighter, Combi and Quick Change products. Approval by ANAC was
China Aviation Industry General Aircraft (CAIGA) signed an agreement with GE Aviation to become the first Authorized Service Center for the H80 turboprop engine family in China. With this agreement, CAIGA Customer Service Center can perform line maintenance inspections and routine engine maintenance, including removal and replacement of H75, H80 and H85 engines and engine
