The Government has approved a £1.4m bid for the creation of a unique aerospace ‘supplier village’ on the former Michelin site. The announcement made on 19TH October, by the Deputy Prime Minister, Nick Clegg, as part of the Government’s Regional Growth Fund, will create a logistics hub and attract manufacturing ‘supply chain’ businesses to the
MTU Aero Engines Holding AG continues to grow: In the first nine months of 2012, the company posted an increase in revenues of 19% to €2,468.0m (1-9/2011: €2,067.3m). Operating profit rose by 13% from €245.3m to €278.0m. The operating margin reached 11.3% after 11.9% in the equivalent period last year, while earnings after tax also
On October 23rd Boeing began building the first 777 at the highest rate ever for a Boeing twin-aisle airplane. The rate of 8.3 airplanes per month is a nearly 20% increase over the previous seven per month rate. The first part, the lower lobe of the aft fuselage, of the first 777 to be built
On October 19th United Airlines broke ground on its first widebody aircraft maintenance hangar at Washington Dulles International Airport, a major United hub and the airline’s principal gateway to the Middle East. United expects to complete construction of the hangar in fall 2013. United is investing nearly $45m in the construction of the 125,000 ft²
AeroTurbine, a wholly owned subsidiary of International Lease Finance Corporation (ILFC), has expanded its Supply Chain Solutions business with a recently signed channel partner agreement with Liebherr Aerospace Saline, Inc. The broad agreement provides for AeroTurbine to purchase a wide range of Liebherr-Aerospace components, and includes a mutually beneficial repair services agreement. The Liebherr-Aerospace components
Sabena technics has been awarded a 5-year contract by FastJet Plc to provide maintenance support for the airline’s fleet of Airbus A319s. Under the exclusive agreement, Sabena technics will provide FastJet, Africa’s first low-cost carrier, with engineering services and comprehensive material support for components, standard and cabin parts, and consumables. Sabena technics will also establish
GE Capital Aviation Services (GECAS) will lease four new Boeing 737-800 aircraft to GOL Linhas Aéreas Inteligentes S.A. as part of a purchase and leaseback transaction. Delivery of the first aircraft from the airline’s existing order book with Boeing is scheduled for December 2012.
FlairJet, the London Oxford Airport-based business charter and management company, completed its 20th Embraer aircraft acceptance and delivery at the end of September. Since 2009, FlairJet has taken the responsibility for delivery flights or acceptances of eight Phenom 100s, ten Phenom 300s, a Legacy 600 and an Embraer Lineage for themselves and third party customers.
Jordan Aircraft Maintenance (JorAMCo) and Kuwait Airways Corporation (KAC) have expanded their business cooperation in the aviation maintenance sector by renewing the maintenance General Trade Agreement between the two companies. Under the agreement JorAMCo will provide maintenance services to eight Airbus aircraft; three A300, three A320 and two A340, five of these checks will be
The Federal Aviation Administration (FAA) has approved the Type Certificate for the Sikorsky Aircraft Corporation’s S-76D helicopter which is equipped with the Thales TopDeck avionics suite. TopDeck is an integrated modular avionics suite in a glass cockpit, representing Thales’s most advanced avionics suite for rotor wing aircraft. The cockpit will feature a new “click to
