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LOT Aircraft Maintenance Services receives update of PART-145 certificate

LOT Aircraft Maintenance Services (LOTAMS) has received an update of PART-145 certificate. The update authorizes LOTAMS to extend the scope of work with: Embraer EMB-135 with Allison AE3007 engines, Boeing B737 600/900 with CFM56 engines. Currently, LOTAMS supports in line maintenance for all four models of B737 NG aircraft with CFM56 engines. Part-145 was given

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CALC places $500m CFM56-5B engine order

Hong Kong-based China Aircraft Leasing Company (CALC) has announced its selection of CFM56-5B engines to power 25 new Airbus A320 family aircraft. The firm engine order is valued at $500m at list price and deliveries are scheduled between 2014 and 2016. The aircraft are part of CALC’s first-ever new aircraft order; the company announced an

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DVB posts consolidated net income before taxes and IAS 39 of €157.2m

DVB increased total income before allowance for credit losses by 5.1%, to €411.9m (previous year: €391.9m). Total income after allowance for credit losses amounted to €341.2m, which corresponds to a rise of 2.6%. Net interest income after allowance for credit losses declined by 20.0%, to €159.3m (2011: €199.1m) in spite of successful new business origination;

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Milestone Aviation Group increases Eurocopter EC225 order to 30

Milestone Aviation Group, the global leader in helicopter leasing, announced an order for 14 additional Eurocopter EC225 twin-engine helicopters, which will join the 16 EC225s ordered last year – along with the company’s initial EC175 booking, covering five of these next-generation aircraft. This new order for the two Eurocopter helicopter types brings Milestone’s EC225 total

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GE Aviation delivers first production wing components for Airbus A350 XWB

GE Aviation, Hamble has achieved a major program milestone with the delivery of its initial production wing fixed trailing edge components for the first A350 XWB to fly – ‘MSN001’. The first A350 XWB-MSN001 is now structurally complete and is currently undergoing ground testing in Toulouse. The A350 XWB wing fixed trailing edge package is

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Air China to purchase 31 Boeing Jetliners

Boeing released that Air China has agreed to buy two Boeing 747-8 Intercontinentals, one 777-300ER (Extended Range) and 20 Next-Generation 737-800s. In addition, Air China Cargo, a subsidiary of Air China, has agreed to buy eight 777 Freighters. The airline plans to expand its capacity to meet growing demand in Asia-Pacific and China, the most

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Etihad Airways and airberlin align maintenance operations in Chicago

Etihad Airways has opened a line maintenance base at Chicago’s O’Hare International Airport, the UAE flag carrier’s seventh outside Abu Dhabi and its first in the United States. The new facility is equipped with the latest technology and will perform all scheduled and non-scheduled line maintenance for Etihad Airways’ daily Boeing 777 aircraft flying into

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HELI-Nevada automates operations with Pentagon 2000SQL

Pentagon 2000 Software, a leading provider of MRO & ERP software solutions for the Aerospace & Defense industry, announced that HELI-Nevada, a Boulder City, NV based FAA Part 145 Repair Station, has implemented the Pentagon 2000SQL system to run their operations. Business functions including complex Component Repair & Overhaul, Teardown, Rent/Lease, Spare Parts Procurement &

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