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Iberia wins British Airways engine maintenance contract

Iberia has won a contract for the maintenance, repair and overhaul of the CFM56-5B engines, which power the British Airways’ Airbus A318 aircraft used on the London City – New York JFK service. The contract is for a five-year period. The Spanish airline has an extensive experience as a CFM56-5B operator in its Airbus fleet and

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Lufthansa orders five more EMBRAER 195 jets

Lufthansa signed a contract for the purchase of five additional EMBRAER 195 (E195) jets. The aircraft will be operated by Verona-based Air Dolomiti, Lufthansa’s regional partner in Italy. The value of the acquisition, at list price, is $226 million. Deliveries are scheduled to begin in the second half of 2012.

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Airbus acquires 96.7% of Satair A/S shares

Airbus released that all conditions for completion of the offer (the “Offer”) by Airbus Denmark Holding ApS to acquire the shares of Satair A/S, a Danish company listed on the NASDAQ OMX Copenhagen, have been satisfied. The Offer price was DKK 580 in cash per share. At the expiry of the Offer, Airbus DK has received valid acceptances representing

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Luxair orders four Q400 NextGen turboprops

Bombardier Aerospace confirmed that a firm order for four Q400 NextGen high-speed turboprop airliners, which was announced on August 16, 2011, was placed by Luxair, the national airline of the Grand Duchy of Luxembourg. The transaction also included options on an additional four Q400 NextGen aircraft. Luxair placed a firm order for three Q400 airliners in

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Hamilton Sundstrand and LHT sign long-term contract for 787 component services

Hamilton Sundstrand Corporation, a key supplier in the Boeing 787 Dreamliner program and Lufthansa Technik AG have signed a long-term contract for providing MRO services on Hamilton Sundstrand’s components for the Boeing 787. This relationship allows Lufthansa Technik’s component division to take another step forward by offering a broad portfolio of services for Hamilton Sundstrand

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CHC Helicopter orders 20 additional Eurocopter EC225s

CHC Helicopter has ordered and will incorporate 20 more Eurocopter EC225 Super Puma twin-engine helicopters into its operations over the next several years, CHC and Eurocopter announced on September 29th. Deliveries of the newly ordered EC225s – including an option for four additional aircraft beyond the initial 20 – will occur during the next four-plus

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Lufthansa to expand fleet with more Airbus aircraft

Lufthansa’s Supervisory Board has approved the purchase of additional Airbus aircraft. The aircraft comprise two A380s, four A320s and one A330-300. These additional orders reflect the strong demand across Lufthansa’s network for an efficient family of aircraft. Nico Buchholz, Executive Vice President Lufthansa Group Fleet Management said: “I am delighted that this additional order will

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ICBC Leasing, CFM sign MOU for $450 million engine order

ICBC Financial Leasing Co., a subsidiary of Industrial and Commercial Bank of China (ICBC), signed a Memorandum of Understanding with CFM International to purchase CFM56-5B engines to power a new fleet of 22 firm Airbus A320 family aircraft.  The firm engine order, which includes three spare engines, is potentially valued at more than $450 million U.S. at

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ATR reports new annual sales record

ATR has recorded 145 firm aircraft orders and an additional 72 options since the beginning of the year. The value of these orders is estimated at 3.2 billion dollars (4.8 billion including the options). These figures already represent a new annual record for the European manufacturer of regional turboprop aircraft (previous record; 2007: 113 firm

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