The China Aviation Industry General Aircraft Co. (CAIGA) selected GE Aviation’s new H85 turboprop engine to power CAIGA’s Primus 150 aircraft, which will be a five-seat business aircraft. This is the first application for the H85 turboprop engine, which is awaiting certification from the European Aviation Safety Agency (EASA). CAIGA and GE have also signed
Qatar Airways celebrated the delivery of the airline’s first Boeing 787 Dreamliner on November 13th. The airplane, the first of 30 787s ordered by the Doha-based airline, is also the first to be delivered to an airline in the Middle East.
AeroCentury, an independent aircraft leasing company, reported its operating results for the third quarter ended September 30, 2012. The Company reported net income of $1.1m for the third quarter of 2012, compared to a net loss of $0.2m for the third quarter of 2011. The Company reported net income of $3.4m for the nine months
TP Aerospace Leasing has been chosen by Polish airline Eurolot to provide a long-term Q400 Wheels Flat Rate (WFR) Program; a cost-per-landing type program in support of its confirmed fleet of 20ea Bombardier Q400 aircraft. Eurolot will enjoy a tailor made, full-service and all-inclusive wheel maintenance and logistics program. The Program is governed by a
International Lease Finance Corporation (ILFC) announced delivery of a Boeing 737-800 to China United Airlines, a subsidiary of China Eastern Airlines Corporation. This aircraft will expand the airline’s current fleet of B737-800s.
Afriqiyah Airways has increased its A350 XWB fleet with a new firm order for four A350-900s. The carrier has also converted its original order for six A350-800s into six of the larger A350-900 model. This brings Afriqiyah’s total A350 XWBs on order to ten A350-900s.
For the 3rd quarter 2012 SAS Group posted revenues of MSEK 11,096 compared to MSEK 10,616 in the 3rd quarter 2011. The number of passengers increased by 315,000 (4.5%), passenger revenue adjusted for currency and nonrecurring items increased by 9.4%, income before tax and non-recurring items amounted to MSEK 607 compared to MSEK 298 in
SAS launched a new comprehensive plan to pave the way for a new, strong and competitive SAS. The plan needs to be fully implemented and new collective agreements must be signed in a very short space of time in order for SAS to have access to necessary funding. This plan will give SAS a fresh
Doric added its 17th Airbus A380, and therefore its 34th aircraft under management, to its portfolio on November 9th. Doric Nimrod Air Finance Alpha Limited (Doric Alpha) took delivery of the third of four Airbus A380s financed with funds raised in the UK and US capital markets. The aircraft was delivered in Hamburg and has
AAR has entered into an agreement with Pratt & Whitney AeroPower to become the exclusive supplier of Auxiliary Power Unit (APU) and Jet Fuel Starter (JFS) parts and accessories for certain aircraft operated by the Japan Ministry of Defense (JMOD). The five-year contract will be managed by AAR’s Defense Systems and Logistics division and is
