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)
Spirit AeroSystems and China Airlines announced the signing of a supply agreement whereby Spirit Aftermarket Customer Support (ACS) will provide thrust reverser, fuselage, and wing component spare parts for China Airlines’ fleet of Boeing aircraft. This multi-year contract will enable China Airlines to obtain predictable and competitive pricing for all parts in the Spirit Catalog
AlMasria Universal Airlines, the Egyptian based airline which commenced operations in 2009, has awarded A J Walter Aviation a multi-million dollar contract to provide component power-by-the-hour support initially for its existing fleet of two A320 and one A321 aircraft. A main base kit will also be located in Cairo to further support daily operational needs.
CFM International (CFM) has launched a unique new product offering for leasing companies called Portable Maintenance for Lessors (PML), signing a Memorandum of Understanding (MOU) with SMBC Aviation Capital to launch. The two companies plan to finalize the terms of the contract by year-end. The product will be the first of its kind in the
