GE Aviation hosted a groundbreaking ceremony at the site of its new jet engine components factory in Auburn on October 31st. The 300,000 square-foot advanced manufacturing plant will produce precision, super-alloy machined parts for GE jet engines that will power future commercial and military aircraft, and also to support the vast fleet of GE jet engines
Boeing has delivered a 747-8 Freighter to Hong Kong-based Cathay Pacific Airways, making it the second freight operator worldwide to take delivery of Boeing’s newest freighter. With this new addition to its fleet, Cathay Pacific also becomes the first carrier in Asia Pacific to operate the 747-8. The new airplane is the first of 10
Qantas planes were back in the air by Monday afternoon, after Fair Work Australia ruled to terminate the industrial dispute that has crippled Australian air travel. The decision will force Qantas and three unions to talk for at least 21 days. If those talks fail Fair Work Australia can then settle the dispute. Qantas grounded
Titan Airways, the London Stansted-based VIP charter specialist, is bolstering its fleet with the introduction of two additional Boeing 757s, taking the total number of 757s in the fleet to three. Scheduled for delivery in spring 2012, the 757s will be painted in Titan Airways distinctive livery and the interiors finished to Titan’s high standard. It
A groundbreaking ceremony on October 26th marked the official start of construction work on Eurocopter’s new manufacturing plant in Querétaro, Mexico, which will manufacture aeronautical components and subassemblies. This industrial facility – situated within the Aerotech Park adjacent to Querétaro International Airport – will be dedicated to the production and assembly of helicopter and aircraft components, such
Transaero Airlines, Russia’s second largest airline, signed a Memorandum of Understanding (MoU) with Airbus for four A380 aircraft. The agreement was signed by Olga Pleshakova, Transaero Airlines CEO and Christopher Buckley, Airbus’ Executive Vice President Europe, Asia and the Pacific. Transaero will become the launch customer for the A380 in Russia, the CIS and Eastern
JetBlue Airways has finalized its firm order for 40 A320neo (new engine option) aircraft previously announced at the Paris Air Show in June. The airline has not yet announced its engine selection for the A320neo order. With this contract, JetBlue also converts 30 of its pre-existing orders for A320s to the larger A321 model with
Bombardier Aerospace released that a Chinese airline, which has requested to remain unidentified at the present time, has signed a conditional purchase agreement for six CRJ900 NextGen aircraft. The transaction, which is the first for CRJ900 aircraft in China, includes options on an additional five CRJ900 NextGen aircraft. Based on the list price for the CRJ900
Avolon announces a US$300 million equity capital commitment from GIC, a leading sovereign wealth fund, subject to customary regulatory approval. Avolon has now secured a total of US$1.4 billion in equity capital from GIC and leading private equity firms, Cinven, CVC Capital Partners and Oak Hill Capital Partners. The equity commitment from GIC adds geographic diversity
GE Capital Aviation Services (GECAS) announced delivery of two new Boeing 737-800 aircraft leased to Royal Air Maroc. The aircraft, delivered in late August and the last week in October, come from GECAS’ existing order book with Boeing. They are the first of five new aircraft leased by GECAS to be delivered to the airline. The
