China Express Airlines has converted a previously announced conditional order for six CRJ900 NextGen regional jets to a firm order. The transaction includes options on an additional five CRJ900 NextGen aircraft. As previously announced, and based on the list price of the CRJ900 NextGen airliner, the firm order contract is valued at approximately US$264m and
The first ‘cutting of metal’ for the Airbus A320neo has taken place in Toulouse. Marking the start of manufacturing of the airliner, machining began of the first engine pylon component at the “Saint-Eloi” Airbus dedicated pylon and nacelle factory in Toulouse. Pylons are structures which hold the engine to the wing. The new pylon for
Arkia Israeli Airlines, the second biggest Israeli airline, signed a purchase agreement for four A321neos at the Farnborough International Airshow. This order makes the airline a new Airbus customer and the first airline in Israel to order the A320 neo Family. Engine selection will be announced at a later date. The aircraft will be configured
Pratt & Whitney and Norwegian Air Shuttle signed a memorandum of understanding to power 50 firm Airbus A320neo family aircraft with PurePower PW1100G-JM engines with first delivery scheduled in 2016. “We chose the PurePower engine because we believe it offers the greatest long-term benefits in terms of reduced fuel burn and lower maintenance costs,” said
IAE has been working closely with long-time customer Monarch Airlines and reached an agreement to develop uniquely structured and customized V2500 engine maintenance solutions to support their fleet of 16 A321 aircraft. This new agreement, valued at $250m, was completed this spring and will provide Monarch with comprehensive maintenance coverage for many years to come.
Volaris, one of Mexico’s leading low-cost airlines, and IAE have amended their existing V-Services Fleet Hour Agreement (FHA) to add coverage for 26 incremental V2500 engines.Volaris’ entire fleet of A320 family aircraft powered by V2500 engines are now covered by IAE’s V-Services aftermarket agreement. The deal is valued at approximately $400m. Volaris currently has 35
Cebu Pacific Air, the Philippines’ largest carrier, has selected Pratt & Whitney PurePower PW1100G-JM engines for its order of 30 firm and 10 option A321neo aircraft. The agreement also includes a ten-year PureSolution maintenance package for each engine. Deliveries are scheduled to begin in 2017.
AeroTurbine, a wholly owned subsidiary of International Lease Finance Corporation (ILFC), reported the opening of new logistics centers in Dubai, London, Los Angeles and Singapore. The centers provide 24/7/365 support for OEMs needing logistic support from 3PL services up to and including full global distribution services. The centers are directly connected to AeroTurbine’s primary distribution
Hamilton Sundstrand and Japan Airlines (JAL) agreed to extend their exclusive repair agreement on the Airlines’ Boeing 767/777 and MD90 fleets. This extended agreement covers repairs through August 2014, expanding upon Hamilton Sundstrand’s initial exclusive repair agreement with JAL, which was signed in 2008.
The Royal Air Force of Oman (RAFO) has purchased F110-GE-129D engines to power its 12 new Lockheed Martin advanced F-16 Block 50 aircraft. Engine deliveries are scheduled to begin in 2013. The F110-GE-129D engine configuration is designed for lowest possible cost of ownership and unsurpassed single-engine safety. Incorporating the latest Service Life Extension Program (SLEP)
