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China’s CAS and ICBC Leasing buy 88 Airbus A320 Family aircraft

China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing Co., (ICBC Leasing) have signed agreements with Airbus for a total of 88 A320 Family aircraft. In the frame of this General Terms Agreement (GTA), ICBC Leasing by itself signed a purchase agreement with Airbus for 42 A320 Family aircraft. This is the first order that ICBC Leasing

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Boeing opens new 787 vertical fin assembly line in Salt Lake City

Boeing commemorated the opening of a new 787 vertical fin assembly line at its production facility in Salt Lake City, Utah. Operated by Boeing Fabrication, the site will build the vertical fin assemblies for 787 Dreamliners built at Boeing South Carolina. Production on the new assembly line is slated to begin in July.  The new assembly

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Newly founded Infinity Aviation Capital acquires three pre-owned 737s

Perella Weinberg Partners announced that certain funds within Perella Weinberg Partners’ Asset Based Value strategy have formed Infinity Aviation Capital LLC, a joint venture with aviation industry veterans Richard Baudouin, Co-Founder of Aviation Capital Group, and Khawer Ali and Jerrold Rosen, Principals of KJ Aviation Services Inc.  The joint venture will invest in aviation assets, including

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Pratt & Whitney signs exclusive maintenance agreement with Jetstar Pacific Airlines

Pratt & Whitney has signed an exclusive maintenance services agreement with Jetstar Pacific Airlines to provide engine overhaul services on the airline’s fleet of CFM56-3 engines. Under the exclusive two-year agreement, Pratt & Whitney Global Service Partners will provide engine overhaul services for five Jetstar Pacific Airlines CFM56-3 engines, which will help the airline reduce

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Lufthansa Technik Logistik to provide complete consumables for Aerocontractors Company of Nigeria

Lufthansa Technik Logistik (LTL) has been selected by Aerocontractors Company of Nigeria Ltd. to provide full consumables provisioning service (c.all) that covers the planning and procurement of  consumable supplies plus the organization of routine and ad hoc provisioning. The Nigerian passenger airline operates a fleet comprising several Bombardier Dash 8 Q300s and Boeing 737-400/500s from its

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Largest aircraft paint facility in North America opens in Kansas City

Kansas City, MO based commercial aircraft supplier Jet Midwest has recently opened the largest commercial aircraft paint facility in North America at the former American Airlines maintenance facility in Kansas City, MO. The Jet Midwest Technik 1,200,000 square feet paint facility can accommodate aircraft as large as the new Boeing 747-800 and has already secured

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Boeing begins final phase of 787 flight testing

Boeing started Function & Reliability (F&R) testing and extended operations (ETOPS) demonstrations on the 787 Dreamliner. This is the final phase of flight testing prior to certification of the airplane.  F&R testing simulates various normal and non-normal operations for the airplane, in a realistic airline-like flight environment. ETOPS refers to extended operations – for twin jets,

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US Airways to upgrade entire V2500 fleet with SelectTwo

US Airways, the largest operator of the Airbus A320 family of aircraft has signed a memorandum of understanding to upgrade its fleet of V2500-powered Airbus A320 family aircraft with the recently unveiled V2500 SelectTwo fuel burn improvement package from International Aero Engines. As part of this agreement, US Airways would purchase kits to upgrade 92

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