FL Technics has purchased 7 Boeing 737-300 aircraft for tear down into parts and components. The disassembled aircraft components will be used to form and maintain a wider stock of B737 CL spare parts and components as well as to expand FL Technics warehouse portfolio capabilities. FL Technics‘ decision to acquire Boeing 737-300 from the
Rolls-Royce reported a development agreement with GippsAERO, a wholly owned subsidiary of Mahindra Aerospace. Under the agreement, Rolls-Royce will supply M250-B17F/2 turboprop engines for the GA-10, a new 10-passenger fixed-wing plane that will deliver enhanced performance, fuel efficiency and reliability. Rolls-Royce will work with GippsAERO to obtain certification for the GA10, which is currently in
GE Aviation has completed all engine certification testing, including design assurance, development, operability and environmental tests, for its new H80 turboprop engines. The development program consisted of more than 25 full or partial engine builds, with testing that included low-cycle fatigue, hot section endurance, operability, component and endurance testing. The H80 engine will be GE’s
Lufthansa has placed a firm order for 30 Airbus A320neo Family aircraft. This contract follows the selection by the Lufthansa Supervisory Board of the A320neo Family in March this year. The order comprises 25 A320neo and five A321neo aircraft. These will be powered by new-generation Pratt & Whitney PW1100G turbofan engines. With this latest order
Airbus and Satair A/S, a Danish company listed on the NASDAQ OMX Copenhagen, have entered into an agreement under which Airbus will offer the shareholders of Satair a price of DKK 580 in cash per share – and the warrant holders in Satair a price of DKK 378.661 per warrant. The acquisition will be effected
Vueling reported that it made a net profit of 3.6 million euros in the second quarter of 2011. Despite the sharp increase in the price of fuel (+51% compared with the same period of last year), Vueling managed to make a net profit of 3.6 million euros. EBIT was also positive, totalling 4.2 million euros,
IAG has confirmed the firm order of eight of Airbus’ eco-efficient A330 Family aircraft for Iberia’s fleet following the preliminary Memorandum of Understanding signed earlier this year. The A330 will be Iberia’s only twin engine wide body aircraft, and will fit perfectly into its existing Airbus fleet, given the unique commonality between the Airbus’ short haul
Warwickshire & Northamptonshire Air Ambulance (WNAA) has signed a preliminary sale contract for two AW169 helicopters. The aircraft will be delivered in 2015 specially configured for the WNAA’s air ambulance mission requirements. The contract marks the entrance of the AW169 into the UK public service market and represents another success for the all new AW169 model, just
Japan Airlines (JAL) has selected Hamilton Sundstrand Corporation to provide a total supply chain maintenance solution for its systems on JAL’s fleet of 35 Boeing 787 aircraft. The maintenance support agreement lasts for 10 years with an option to extend for an additional 10 years.  The value of the agreement and extension option is projected to
DVB Bank reported the successful closing of two separate finance facilities with Guggenheim Aviation Partners (Guggenheim) for two A330-200 aircraft on lease to Jet Airways (India)Â and three B777-200ER aircraft on lease to American Airlines. Â The finance facility for the two A330-200 aircraft on lease to Jet Airways closed in late March. Both aircraft were
