Lockheed Martin was awarded a contract valued up to $1.85bn by the U.S. Government to initiate the upgrade of 145 Block 20 F-16A/B aircraft for the Republic of China (RoC). This retrofit program will include the addition of an Active Electronically Scanned Array (AESA) radar, embedded global positioning, as well as upgrades to the electronic
PEMCO World Air Services (PEMCO) announced a newly executed maintenance, repair and overhaul (MRO) contract with a U.S. based low-cost airline. The substantial project, which began on September 17th, focuses on the maintenance, repair and refurbishment of numerous passenger aircraft. The MRO work will take place at PEMCO’s 12-bay, full service FAA approved facility in
OAG, a market leader in flight schedule and flight status data, signed a new strategic agreement with masFlight, a pioneer in aviation operations analysis, to jointly develop and market next-generation analysis tools for airlines and airports worldwide. The companies will collaborate in the further development of the innovative aviation data platform developed by masFlight, which
Aeronautical Engineers (AEI), has been selected by Aviation Capital Group (ACG) to provide one B737-400SF 11 Pallet Configuration. The speculative conversion is expected to be completed in late February 2013 at which time the freighter will be available for immediate lease. The aircraft is a high gross weight B737-400 (MSN 28493) built in 1996 and
Boeing and GOL Linhas Aereas Inteligentes announced GOL’s purchase of 60 737 MAX airplanes. GOL plans to use the new super-efficient 737 MAX to increase operational efficiency and reduce costs. The order is valued at approximately $6bn at published list prices.
Doric added a further two A380s to its asset management portfolio. The aircraft with the manufacturer’s serial numbers (MSNs) 105 and 106 were acquired by Doric Nimrod Air Two Limited (an LSE listed aircraft investment company). Both superjumbos are leased to Emirates for a period of 12 years. With the addition of MSNs 105 and
Bombardier Aerospace has received orders for a total of eight Global business jets from an undisclosed customer. The firm orders consist of four Global 6000 aircraft and four Global 8000 aircraft. The customer has requested to remain unidentified at this time. The transaction is valued at approximately $500m based on the 2012 list price for
Philippine Airlines (PAL) has placed a firm order with Airbus for an additional 10 A330-300 widebody aircraft. The latest purchase agreement follows a major order from the airline in August for 44 single aisle A321s and 10 A330s under the carrier’s fleet modernisation programme. For its latest order the airline has selected the 240 tonne
Cabot Aviation announced the sale of one Boeing 737-400 aircraft from KLM Royal Dutch Airlines to GainJet Aviation S.A. The aircraft is serial number 25423 which was built in 1992. GainJet Aviation, a worldwide private aircraft charter operator based in Athens, purchased the aircraft for the purpose of re-configuring it into a deluxe VIP Executive
GE Capital Aviation Services (GECAS) announced the opening of a new distribution warehouse in Singapore for its Asset Management Services (AMS) business. This new facility, coupled with the expansion of the regional sales team in Singapore, reinforces GECAS AMS’ commitment to grow its business in Asia. GECAS AMS, headquartered in Memphis, Tennessee, is one of
