GKN Aerospace has won a contract from Triumph Aerostructures – Vought Aircraft Division, a subsidiary of Triumph Group, covering the design, build and supply of composite winglets and ailerons for the Bombardier Global 7000 and Global 8000 ultra long-range business jets. The ailerons will be developed and manufactured at GKN Aerospace’s Munich wing structures operation
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
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
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.
Universal Avionics’ EFI-890R Flat Panel Display and Radio Control Unit (RCU) have been selected for the Turkish Aerospace Industries (TAI) Hürkuş project. A primary and basic trainer aircraft designed and manufactured by TAI, the TAI Hürkuş is a tandem two seat, low wing and single engine turboprop aircraft. The TAI Hürkuş is primarily being built
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
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
International Lease Finance Corporation (ILFC) released that AirAsia X, a low-cost, long-haul affiliate of AirAsia, has signed a letter of intent with ILFC for the lease of six Airbus A330-300 aircraft. The aircraft are scheduled for delivery between 2013 and 2014, and will be operated on the airline’s expanding network in Asia Pacific, which includes
FL Technics Training, a global provider of aircraft technical maintenance training services, is further strengthening its position in the Russian market. Earlier this year it signed an agreement with the Moscow-based MRO services provider Avia Group Techniks LLC. According to the agreement, FL Technics Training instructors will conduct a wide range of technical training courses
GE Capital Aviation Services (GECAS), signed a purchase and leaseback transaction with Emirates airline for three new Boeing 777-300ER aircraft and seven spare engines. The first aircraft from the airline’s existing order book with Boeing was delivered on May 30. The other aircraft are scheduled for delivery later in 2012. The leaseback of seven spare
