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CTS Engines signs new long-term contracts with Nordic Global and Spirit

CTS Engines, a leading independent engine MRO, hass signed multi-year engine maintenance service agreements with Finnish cargo carrier Nordic Global Airlines and Ft. Lauderdale-based Spirit Airlines. The agreement with NGA is a multi-year power-by-the-hour engine overhaul agreement for seven CF6-80C2D1F engines operating on NGA’s fleet of MD-11Fs. Under the contract, CTS is responsible for all

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StandardAero delivers 6,000th Auxiliary Power Unit

StandardAero has delivered its 6,000th Auxiliary Power Unit (APU) since the program’s inception in 1995. The milestone took place at StandardAero’s Maryville, Tenn. facility and was a Hamilton Sundstrand APS2300, delivered to a commercial customer. StandardAero’s APU program in Maryville focuses on repair of Honeywell 36 and RE220 series engines as well as Hamilton Sundstrand

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LHT signs 10 year component support contract with GoAir

Go Airlines (GoAir), one of the leading domestic carriers in India, and Lufthansa Technik have signed a 10-year component support contract, effective from August, 2012, for the carrier’s present and future fleet of 20 A320 classic and 72 A320 neo aircraft. The contract covers most of the spare parts required for the regular maintenance of

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ACG orders 5th B737-400SF for SPEC conversion

Aeronautical Engineers (AEI), has been selected by Aviation Capital Group (ACG) to provide one B737-400SF 11 Pallet Configuration conversion. The speculative conversion is expected to be completed in mid November 2012 at which time the freighter will be available for immediate lease. The aircraft is a high gross weight B737-400 (MSN 28661) built in 1997

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Boeing opens new parts processing center at Portland site

Boeing announced the opening of its new parts processing center and building expansion in Gresham, Ore., a suburb of Portland. Employing about 1,800 people, Boeing Portland is an ISO 14001-certified site that serves as the company’s Center of Excellence for complex machining, gear systems and flight controls. Employees at the 64,000 ft² processing center will

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China Southern Airlines to retrofit 40 aircraft with Blended Winglets

China Southern Airlines will equip an additional 40 Boeing Next-Generation 737-700 and 737-800 aircraft with Blended Winglets.  China Southern is already enjoying the benefits of APB’s (Aviation Partners Boeing) Advanced Technology product on 32 aircraft, saving fuel and increasing their takeoff weight capability from difficult airports such as Kunming.

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Compass Point Aviation acquires and leases Boeing 777-300ER

Compass Point Aviation (CPA), a newly established affiliate of a global asset management company, announced that in June it closed on the acquisition and lease of one new Boeing 777-300ER to Emirates. CPA is currently working on closing several more transactions. CPA targets the aviation sector, with a particular focus on transactions involving finance leases

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Bombardier Aerospace reports financial results for 2nd quarter 2012

Bombardier Aerospace’s revenues totalled $2.3bn, compared to $2.1bn last fiscal year. EBIT totalled $102m translating into an EBIT margin of 4.5% for the second quarter ended June 30, 2012, compared to $105m, or 5%, last fiscal year. Free cash flow usage totalled $504m compared to a usage of $448m for the corresponding period last fiscal

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