Cebu Pacific Air took delivery of its first A320 equipped with Sharklets, becoming the first operator of the new fuel-saving wing tip devices in the Philippines. Sharklets are newly designed wing-tip devices allowing airlines to reduce fuel burn by up to 4% on longer sectors. They are an option on new-build A320 Family aircraft, and
Embraer S.A. and AgustaWestland, a Finmeccanica company, have signed a memorandum of understanding aiming at establishing a joint-venture which could lead to the production of AgustaWestland helicopters in Brazil to be marketed for both commercial and military use in Brazil and Latin America. “This is an important step for Embraer as we continue expanding our
BAE Systems Regional Aircraft has secured a three-year extension to its long-standing JetSpares contract with Braathens Technical AB of Sweden in support of 12 Avro RJ regional jetliners operated by Braathens subsidiary, Malmö Aviation. The contract has an option to run for a fourth year and will cover continued Avro RJ operations by Malmö Aviation
Air Lease Corporation reported that LIAT (Leeward Islands Air Transport) and ALC signed long term lease agreements for two new ATR 72-600 aircraft, delivering in June and August 2013. Antigua-based LIAT is owned by 11 different governments in the Eastern Caribbean, and is the major scheduled airline operator in that region.
GE reported fourth-quarter 2012 operating earnings of $4.7bn, up 13% from the fourth quarter of 2011. GAAP earnings from continuing operations were $4.3bn, up 9%. Revenues were $39.3bn for the quarter, up 4%, and $147.4bn for the year. Industrial segment organic revenue growth was 4% for the quarter and 8% for the year. Industrial segment
Airbus delivered a company record of 588 aircraft to 89 customers (17 new) and exceeded its order target of 650 by winning 914 gross orders. These orders include 305 CEO, 478 NEO, 82 A330/A340s, 40 A350 XWB and nine A380s. Airbus’ backlog sets a new industry-wide record of 4,682 aircraft valued at over US$638bn. Deliveries
Beijing Capital Helicopter has expanded its Eurocopter-built rotorcraft inventory with the addition of a VIP-configured EC135 P2+ for passenger transport, tourism and emergency medical services operations. Beijing Capital Helicopter will begin operating the new helicopter during the upcoming Lunar New Year holidays, offering aerial tours over selected tourist attractions. This brand new light, twin-engine helicopter
AWAS entered into an agreement with Vueling to lease the airline two new A320 passenger aircraft. These aircraft are from AWAS’ existing new order pipeline with the manufacturer. Vueling is the second largest Spanish airline serving over 100 destinations, including major cities in Spain, Europe, North Africa and the Middle East. The company operates about
ATR and the Caribbean carrier Leeward Islands Air Transport Services (LIAT) announced the signature of an agreement for the purchase of a total of three 48-seats ATR 42-600s. The deal also includes options for two 68-seat ATR 72-600, and is valued at over US$100m. LIAT will take delivery of their very first ATR 42-600 in
The Turbomeca (Safran) Arriel 2E engine, has been certified by the European Aviation Safety Agency (EASA). The Arriel 2E, with a take-off power of 950 shp, will power the Eurocopter EC 145T2 helicopter. The first engines entry into service is scheduled end of 2013. This follows the certification of the Arriel 2D in May 2011,
