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CFM International completes design freeze for advanced LEAP-1B engine

CFM International has completed design freeze for the advanced LEAP-1B engine, the exclusive powerplant for the Boeing 737 MAX, paving the way for the first full engine to test in mid-2014. This milestone is effectively the point at which the engine configuration is set, or frozen. This now allows CFM to finalize and release detailed

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Atlas Air Worldwide places eighth Boeing 747-8 Freighter into ACMI service

Atlas Air Worldwide Holdings, a leading global provider of outsourced aircraft and aviation operating solutions, confirmed the placement of its eighth Boeing 747-8 Freighter into ACMI service. The aircraft will fly on behalf of Etihad Cargo, the cargo arm of Etihad Airways, the national carrier of the United Arab Emirates, pursuant to a multiyear aircraft,

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Spirit AeroSystems Holdings first quarter revenues up 14%

Spirit AeroSystems Holdings reported first quarter 2013 financial results reflecting continued strong demand for large commercial aircraft and strong core program operating performance. Spirit’s first quarter 2013 revenues were $1.442bn, up 14% from $1.266bn for the same period of 2012, driven by higher production volumes and model mix. Operating income was $145m, up from $122m

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Aircastle announces first quarter 2013 results

Aircastle reported first quarter 2013 total revenues of $176.2m, an increase of $11.3m, or 7% versus the previous year.  The increase reflects $8.2m of higher lease rental and finance lease revenues, $4.2m of higher maintenance revenues associated with unscheduled lease terminations, and $4.3m of higher other revenues from interest on debt investments and additional revenue

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Rolls-Royce acquires Hyper-Therm HTC

Rolls-Royce has acquired Hyper-Therm High Temperature Composites (Hyper-Therm HTC, Inc), a producer of state-of-the-art composite materials, including ceramic matrix composites (CMCs), engineered coatings and thermal-structural components. Hyper-Therm HTC will become a wholly-owned subsidiary of Rolls-Royce, and will be based in Huntington Beach, California. The site will serve as the hub for technical development of CMCs,

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Small Planet Airlines is renewing its aircraft fleet

The holiday charter company Small Planet Airlines is replacing its old Boeing 737-300s with newer Airbus A320 aircraft. Small Planet Airlines redelivered two old Boeing 737-300 aircraft to the leasing company at the end of last year and will return the remaining two after this summer season. From then on, the company will operate an

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