The United States Transportation Command (USTRANSCOM) has exercised two renewal options for AAR to provide airlift support in Afghanistan through October of 2012. The first option has a value of $99m and is part of a task order awarded to AAR in October, 2010. The second option has a value of $51m and is part
An A320 Full Flight Simulator (FFS) has been put in place in Venice (Italy) at the SuperJet International’s Training Center. The A320 FFS is an EASA (JAR-FSTD A) fully compliant Synthetic training device. The FFS has been transferred from Alitalia Training Center in Rome to the SuperJet International Training Center in Tessera (Venice), close to the International Marco
Finnair plans to reduce the size of its narrow body fleet by four aircraft in autumn 2012 as part of its earlier announced savings program of €140m. The reduction will bring significant savings and will be implemented by optimizing the airline’s flight schedules and network. Finnair expects to realize a significant boost in narrow body aircraft utilization
AgustaWestland, a Finmeccanica company, has finalised the transaction with Bell Helicopter Textron for the acquisition of the 609 tiltrotor programme. All legal and regulatory approvals have now been successfully completed. The development of the AW609 tiltrotor programme is now moving forward under full AgustaWestland control with civil certification expected in late 2015, early 2016 and deliveries
SIA Engineering Company (SIAEC) has signed a Tailored Support Package (TSP) contract with Airbus to maintain Singapore Airlines’ additional fleet of fifteen A330-300 aircraft being acquired from Airbus. SIAEC is a member of the Airbus Maintenance, Repair & Overhaul (MRO) Network established in 2005. The Airbus MRO Network ensures that Airbus’ customers receive maintenance services
GE Capital Aviation Services will lease two new Airbus A330-300 aircraft to China Airlines to further expand their fleet. The aircraft come from GECAS’ existing order book with Airbus. Delivery of the first aircraft is scheduled for the fourth quarter of 2013.
Doric Asset Finance took delivery of its 11th A380. The aircraft with the manufacturer’s serial number (MSN) 083 was acquired by the German closed-end fund SKY CLOUD III. The Airbus A380 is on lease to Dubai-based carrier Emirates for a period of 12 years. The purchase price of the aircraft was $234m. The long-term loan of up to
Aviation Partners (API) confirmed that Transport Canada granted Canadian Supplemental Type Certificate (STC) approval for its High Mach Blended Winglets on the Falcon 900 Series. FAA STC was received in September and EASA approval is expected imminently.
AMR Corporation, the parent company of American Airlines and American Eagle, filed voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York. AMR’s Board of Directors determined that a Chapter 11 reorganization is in the best interest of the Company and its stakeholders. The chapter 11 process enables American Airlines
Porter Airlines accepted two new Bombardier Q400 NextGen aircraft, bringing the company’s fleet to 26. Porter, one of the largest operators of Q400 aircraft, placed the $61m order for the two aircraft in March 2011. Porter has four outstanding options for Q400 NextGen aircraft, which it anticipates exercising within two years.
