Warsaw-based Eurolot has converted options on six Q400 NextGen airliners to a firm order that will increase its fleet to 14 Q400 NextGen aircraft. Based on the list price of the Q400 NextGen airliner, the transaction is valued at approximately $190m. Eurolot’s firm order for eight Q400 NextGen airliners with 12 options was announced on
Spirit AeroSystems and Lion Air announced the signing of a supply agreement whereby Spirit Aftermarket Customer Support (ACS) will provide thrust reverser, fuselage, and wing component spare parts for Lion Air’s fleet of Boeing aircraft. This multi-year contract will enable Lion Air to obtain competitive pricing for all parts in the Spirit catalog while ensuring
AAR has received design approvals from the U.S. Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA), Europe’s airworthiness authority, to perform custom interior modifications for Boeing 717-200 aircraft operated by a startup European airline. AAR’s design modifies the 717-200 aircraft from a two-class configuration into a high-density one-class configuration. The modification also
Airbus’ latest Global Market Forecast (GMF) identifies a need for some 28,200 passenger and freighter aircraft (of 100 seats or more) between 2012 and 2031 worth nearly $4.0 trillion, reconfirming an upward trend in the pace of new aircraft deliveries. Of these over 27,350 will be passenger aircraft valued at $ 3.7 trillion. Passenger traffic
The first wing for the A350 XWB has arrived at Airbus’ final assembly line in Toulouse (France) where the new generation Airbus wide-body aircraft is being assembled. This first wing, which will not fly, is destined for the A350 XWB airframe used for static structural tests on the ground that all new aircraft undergo as
Bristow Group, a leading provider of helicopter services to the worldwide offshore energy industry, and Cougar Helicopters, the largest offshore energy and search and rescue (SAR) helicopter service provider in Canada, jointly announced that Bristow has entered into a definitive agreement with Cougar’s parent VIH Aviation Group and various VIHAG affiliates to acquire a minority
AMAC Aerospace, the Swiss-based provider of corporate aviation maintenance and completion services, announced the acquisition of its brand new three-storey sales and service centre at Ataturk Airport, Istanbul. The state-of-the-art structure features 1,500 m² of hangarage, 1,200 m² of shop floor space and 300 m² of office space, and will be fully operational by the
Virgin Atlantic has signed an agreement with Lufthansa Technik (LHT) to provide its aircraft maintenance services during the next eight years marking a commitment of more than $100m over the term of the contract. This new long term contract is a significant extension to an existing agreement to additionally cover Boeing 747-400 C-checks, A340 base
Grupo Aeromexico and Delta Air Lines plan to begin construction of a jointly operated aircraft maintenance, repair and overhaul (MRO) center at the Intercontinental Airport in Queretaro, next to that State’s Aerospace Park. As part of a Memorandum of Understanding (MOU) and continuation of their commercial alliance, the carriers will invest equal amounts in a
Monarch Aircraft Engineering (MAEL) has signed a line maintenance technical handling agreement with Strategic Airlines. With immediate effect MAEL’s highly experienced engineering team will provide support for the Luxembourg based airline’s Airbus A320 fleet of aircraft at their line station in Alicante, Almeria, Tenerife and Malaga.
