GECAS placed an order for two additional ATR 72-600 turboprop aircraft, and two options. This is a follow-on to GECAS’ first-ever ATR order placed in June at the Paris Air Show and brings the total number of ATRs ordered by GECAS to 17 with 17 options. GECAS will begin to take delivery of the new
Hong Kong Aircraft Engineering Company (HAECO) and Taikoo (Xiamen) Aircraft Engineering Company (TAECO) – a subsidiary of HAECO, reported that the two companies have acquired 49% shareholding that SR Technics holds in Shanghai SR Aircraft Technics Company (SR Shanghai). The company has been renamed Shanghai Taikoo Aircraft Engineering Services Company (STA) to take up the
Japan’s low fare airline Solaseed, has inked a 5-year agreement with Evergreen on B737NG major maintenance. Solaseed, formerly known as Skynet Asia, is based out of Miyazaki on the Japanese island of Kyushu. Its inaugural flight between Miyazaki and Tokyo took place in August 2002 using the B737 Classic airframe. It has since expanded to
Eurocopter delivered two EC225s to Héli-Union, a leading provider of commercial air transportation services worldwide. The new helicopters are the first EC225s to join the company’s fleet of some 30 rotary-wing aircraft. The two new EC225s are configured for offshore operations and will be deployed for transportation services for oil and gas companies.
Boeing released that the Boeing Defense, Space & Security (BDS) facility in Wichita will close by the end of 2013. The Wichita facility currently employs more than 2,160 employees. Boeing Wichita is the base for the company’s Global Transport & Executive Systems business and its B-52 and 767 International Tanker programs. The facility also provides support for
Deutsche Lufthansa AG and International Airlines Group (IAG) have signed a binding agreement for the sale of British Midland Limited (bmi) to IAG. The price is £172.5m (approx. €207m) in cash for bmi. The price is subject to certain reductions. Both parties aim for a closing of the transaction by the end of the first quarter 2012.
AWAS has entered into an agreement with IndiGo, India’s largest low cost airline, to purchase and leaseback four Airbus A320 passenger aircraft that the airline had previously ordered from the manufacturer. These aircraft will be delivered in the first half of 2012. AWAS has mandated KfW IPEX-Bank as arranger and sole lender to finance two
Thales and Safran today signed a Memorandum of Understanding to create an equally-owned joint venture for optronics (electro-optical) systems and equipment. Through this joint venture Thales and Safran will combine their respective areas of expertise in optronics, and expand their offering of products and services to cover emerging needs for new defence systems, including both
Rolls-Royce Trent XWB and Trent 1000 engines will power 12 Airbus A350 XWB and eight Boeing 787 Dreamliner aircraft which are part of THAI’s fleet modernisation programme and will further improve the airline’s operational and environmental performance. THAI President Piyasvasti Amranand said: “Our decision to add theseextremely efficient Trent engines into our fleet demonstrates our
Saab Aircraft Leasing (SAL) announced five transactions of Saab aircraft with a total value of approximately $60m (approximately MSEK 400). The transactions will generate a capital gain of approximately MSEK 100, of which MSEK 40 will be recorded in the fourth quarter of 2011 and MSEK 60 in the first half of 2012. The transactions include
