Monarch Aircraft Engineering (MAEL), has signed a line maintenance technical handling agreement with Sunwing Airlines. With immediate effect MAEL will provide support for the Canadian based airline’s Boeing 737NG aircraft operating at Leeds Bradford airport.
ATR, the European manufacturer of turboprop aircraft, and Rheinland Air Service GmbH (RAS), a German company specializing in aircraft maintenance, signed a service and collaboration agreement appointing RAS a new member of ATR’s network of partner maintenance centers. Adding RAS to ATR’s MRO (Maintenance, Repair and Overhaul) network attests to the compliance of its maintenance
Aircastle has entered into a definitive agreement with Marubeni Corporation (“Marubeni”) providing for the issuance of approximately 15.25% of the Company’s common shares, after giving effect to the issuance, at a price of $17.00 per share, for gross proceeds of approximately $209m. The closing of the issuance is expected to occur during the second or
Werner Aero Services, a global leader in the aviation industry, has increased its ATR72 spare parts holdings in Singapore. The company has located a substantial pool of rotables which is available on an exchange basis. This initiative will provide customers in the region with considerable savings of time and money. “It is our vision to
SR Technics, part of the Mubadala Aerospace MRO network, and the French airline Aigle Azur will establish a joint venture (JV) to provide all line and light maintenance activities for the airline’s Airbus A320 and future A330 fleets. Operations will start in July in Paris-Orly. This will be the main country hub for SR Technics
Bombardier Aerospace and WestJet reported the delivery of the first of 20 Q400 NextGen turboprop airliners ordered by WestJet. The aircraft will be operated by the new regional carrier, WestJet Encore and will serve multiple destinations, beginning in Western Canada in its first year of service. WestJet also holds options for 25 additional Q400 NextGen
The European Aviation Safety Agency (EASA) has granted ATR, the European manufacturer of turboprop aircraft, certification to operate its new ATR 42-600 and ATR 72-600 in temperatures as low as -45°C at take-off and landing. This certification means that ‘-600’ series ATRs can now fly with other ATR versions already certified to operate in particularly
China Southern Airlines took delivery of its first GEnx-powered Boeing 787 Dreamliner. This is the first of eight Boeing 787 aircraft to be delivered to China Southern this year. China Southern ordered a total 10 Boeing 787 Dreamliners and selected GEnx-1B engines to power these aircraft. China Southern also signed an OnPoint solution agreement with
Bombardier Aerospace released that its purchase agreement with Moscow-based leasing company Ilyushin Finance Co. (IFC) has been approved by IFC’s shareholders and is now firm. The firm purchase agreement covers the acquisition of 32 CS300 aircraft and options for an additional 10 CS300 aircraft, following a letter of intent signed by IFC in 2011 and
TransDigm Group Incorporated reported the successful completion of the cash tender offer by TransDigm’s indirect wholly owned subsidiary, Buccaneer Acquisition Sub Inc. (“Purchaser”), for all of the outstanding shares of Aerosonic common stock for $7.75 per Share in cash, without interest and less any applicable withholding taxes. The Offer expired at 12:00 midnight, New York
