India’s Ministry of Defence has signed an agreement with the U.S. government to acquire 10 Boeing C-17 Globemaster III airlifters. The Foreign Military Sale — approved by the U.S. Congress in May 2010 — establishes India as the C-17’s largest international customer. According to the agreement, India will take delivery of its C-17s in 2013
Virgin America launched CFM International’s advanced LEAP engine with an order to power 30 new Airbus A320neo aircraft. The airline also announced that CFM’s CFM56-5B will power 30 current technology A320s. The 60 airplanes were announced in January of this year and the engine orders have a combined value of approximately $1.4 billion U.S. at list
Avinco, the specialist remarketing and leasing advisor based in Monaco and Dublin, has successfully placed five 737s and three A340s so far in 2011 as well as sourcing four A320 family aircraft on behalf of a new Chinese lessor. The 737s included two new surplus 800s sold on behalf of Air Europa, one early production 800 leased to Jet2.com
Piedmont Aviation Component Services (“Piedmont”), has signed an APU (Auxiliary Power Unit) maintenance Agreement with Alliance Airlines covering Alliance Fokker 100 fleet GTCP36-150 model APU. The value of the contract is estimated around $1.5 million -$2 million over a five year term. Piedmont has been an authorized repair center for APUs for more than 15 years, among which are
Hong Kong Aero Engine Services Limited (HAESL) celebrated the official opening of its Component Repair Centre of Excellence – Phase V – a 13,500 square metre expansion to its existing engine repair and overhaul facility. HAESL has invested $ 50 million in the new Phase V expansion to meet the rapid growth in worldwide demand for
The newly founded SunExpress Deutschland GmbH has engaged Lufthansa Technik to provide all-round technical support for its entire fleet of six Boeing 737-800 aircraft. SunExpress Deutschland commenced operations on 8 June with three aircraft. Three further airplanes are due to be delivered in the winter. The Total Technical Support (TTS) contract extends from line maintenance
FL Technics, integrated aircraft Maintenance and Repair Organisation, signed an exclusive full-scope engine service provision agreement with the Russian carrier Donavia. The agreement, worth $11 million over the period of 12 months, covers full management of six CFM56-3 engines, including maintenance facility selection, shop supervision during engine maintenance, handling of spare parts supply, engine lease and
Air Lease Corporation (ALC) has signed lease agreements for 25 additional aircraft. TRIP Linhas Aereas (Brazil) and ALC have entered into long term lease agreements for six new ATR 72-600s and six new Embraer 190LRs, delivering between July 2011 and October 2012. Bulgaria Air is leasing four new Embraer 190s from ALC, deliveries are set for March, April, June,
The national flag carrier of Angola, TAAG Angola Airlines (Linhas Aereas de Angola) is purchasing one Boeing 777-300ER aircraft with GE90 engines assisted by an approximately $256 million long-term loan guarantee from the Export-Import Bank of the United States (Ex-Im Bank). The aircraft will be used to expand TAAG’s intercontinental service provided through its all-Boeing
Qatar Airways has entered into a strategic equity and commercial partnership with Cargolux to acquire a 35% stake in one of Europe’s leading cargo airline. The agreement was signed in Luxembourg by Qatar Airways Chief Executive Officer Akbar Al Baker and Cargolux President and CEO Frank Reimen. The accord will give Qatar Airways a greater foothold in
