Pentagon 2000 software, a leader in aerospace & defense MRO software systems released that myTEAM.aero, a multinational group of leading providers of MRO and logistics support selected Pentagon 2000SQL for implementation across all of its companies. Mr. Tom Gibbons, General Manager for myTEAM.aero, said that the decision was motivated by several key elements such as
GE Aviation and Sigma Labs signed a Joint Technology Development Agreement (JTDA) to advance and implement in-process inspection technologies for additive manufactured jet engine components. The mutually-developed inspection technology will verify the quality and geometry of additive components during the additive build process, increasing additive production speeds up to 25 percent in support of GE
Embraer Executive Jets reported the sale of an ultra-large Lineage 1000, to an undisclosed European client, operated by FLYINGGROUP. The aircraft, the first Lineage 1000 sale to a customer in Belgium, will join the Belgium-based company’s fleet and will be available for third-party charter. Delivery of the aircraft is scheduled for the second half of
Colorado based Air Comm Corporation (ACC) has completed the acquisition of Texas based Meggitt (Addison), formerly Keith Products. Air Comm Corporation is a world leader in engineered design and manufacture of Environmental Control Systems (ECS) used by military and civil rotorcraft and general aviation fixed wing aircraft. The nearly 30 year old family-owned business now
Avianca Holdings earned a net income of US$75.3m for 1Q-13, an increase of more than US$75m over the profit recorded for the same period in 2012. First quarter operating revenues increased to US$1.11bn, up 5.9% from 1Q 2012 due mainly to a 6.5% increase in passenger revenues driven by an 8.6% growth in passenger traffic
US Airways announced that it priced an offering of Class C enhanced equipment trust certificates in the aggregate face amount of approximately $100m. This offering is an additional issuance from the Company’s Series 2012-2 series of enhanced equipment trust certificates, under which an offering of Class A certificates and Class B certificates closed on December
AJW Aviation, the leading independent complete aircraft spares support specialist, has been selected by Russian airline JSC UTair Aviation, to provide power-by-the-hour support for its fleet of thirty-seven B737-500 and B737-400 aircraft. The PBH contract, supported by ATA Chapter, also includes a large home base stock purchase, which will bring the combined fleet that AJW
BOC Aviation has entered into a new five-year agreement with ST Aerospace to maintain Airbus 320 and Boeing 737 airframes. The two companies have had a business relationship since 1996. BOC Aviation has in place a framework of support services from airframe and engine maintenance and repair operators (“MROs”) and technical services when the Company
Lufthansa Technik’s Innovation Business Unit has been selected by Bombardier Aerospace to supply cabin management and in-flight-entertainment (CMS/IFE) systems on its new Challenger 350 aircraft program. This latest announcement comes after Bombardier’s selection of the nice HD system on the Learjet 70, Learjet 75 and the Learjet 85 aircraft programs. So far, Lufthansa Technik has
China’s largest helicopter operator in the power and electricity sectors, the State Grid General Aviation Company (SGGAC), has ordered one EC225 and two AS350 B3e rotorcraft to support the country’s electrical grid development and build the Chinese company’s business into other airlift duties. As the wholly-owned subsidiary of State Grid Corporation of China, one of
