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Doric Asset Finance places two Airbus A319s

Doric Asset Finance announced the placement of two A319 aircraft with the Tunisian airline Syphax Airlines for a period of approximately five years. The lease agreements were signed on 17th January 2012. Doric acted as a Remarketing Agent for two German Funds from the Hamburg-based investment house Woelbern Invest.

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Emirates appoints Direct Maintenance for A380 line maintenance

Emirates has appointed Direct Maintenance to provide dedicated line maintenance services for its upcoming A380 operation into Amsterdam Schiphol Airport (AMS) as from 01 August 2012. Services include regular line maintenance such as Transit Checks, In-Flight Entertainment system maintenance as well as cabin interior repairs.

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Nippon Carbon Company, GE and Safran to establish joint venture

Nippon Carbon Company, GE and Safran are creating a joint venture to manufacture and sell silicon carbide (SiC) continuous fiber or Nicalon, an important material for CFM’s next-generation of high performance aircraft engine components. Closure of the joint venture is subject to regulatory approvals. The new joint venture, NGS Advanced Fibers, will be headquartered in

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MTU Maintenance Hannover provides maintenance for Atlasjet Airlines

Turkish carrier Atlasjet Airlines has selected MTU Maintenance Hannover to continue providing maintenance, repair and overhaul services for its V2500 engines. The five-year agreement covers all V2500 engines powering Atlasjet’s A320 family fleet providing an integrated service solution with spare engine lease support and engine condition monitoring services as an inclusive package.

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FL Technics Jets launches wheel and brake service shop for Hawker

FL Technics Jets, a company offering complex business jets technical maintenance solutions, continues to expand its production capabilities by introducing technical maintenance services for Hawker BAe-125 series NLG/MLG aircraft wheels and brakes. According to D. Saluga, CEO of FL Technics Jets, the wheel and brake workshop has the capacity to change approx. 10000 wheels and

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Aveos signs 5-year engine service contract with Snecma

Aveos has signed a 5-year agreement for the repair and overhaul of Snecma’s CFM56-5 platform engines and Line Replaceable Units (LRU’s), supporting the OEM with its additional capacity. Aveos has a 515,000 ft² engine facility with three test cells and has expertise on a wide range of engine families including the CF-34-3A & 3B, CF34-8C,

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AWAS agrees to acquire portfolio of twelve aircraft from GECAS

Dublin based global aircraft lessor, AWAS, has agreed to acquire a portfolio of twelve aircraft from GE Capital Aviation Services Limited (GECAS). All twelve modern, passenger aircraft are already on-lease to successful airlines, with six of the airlines joining AWAS as new customers. Bank debt for the acquisition is provided through a $317m limited recourse

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Eurocopter signs letter of intent with R&R Aviation for two EC130 B4

An agreement was signed with R&R Aviation on the last day of the Singapore Airshow for two brand new Eurocopter EC130 B4, marking Eurocopter’s breakthrough into the Bangladeshi market with its first new civil helicopter sale. This achievement capped Eurocopter’s successful outing at the Airshow this year, where it also inked deals for four new

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MTU Aero Engines achieves forecast for 2011

MTU Aero Engines fully achieved its forecast for the financial year 2011, as the company announced during the presentation of its provisional financial statements at the annual results press conference on Thursday, February 23, 2012. Revenues were at the upper end of the expected bandwidth of + 7 to 8%, increasing by 8% to reach

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