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GE Aviation pursuing advanced manufacturing in North Carolina

GE Aviation has plans to break ground this year on an advanced composite component factory near Asheville in Western North Carolina. The new 125,000-ft² facility (next to an existing GE Aviation machining plant) would produce engine components made of advanced ceramic matrix composite (CMC) materials. GE could begin hiring at the new CMC components plant

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GECAS announces commitment for 10 787-10X Dreamliners

Capital Aviation Services (GECAS) and Boeing announced at the Paris Air Show a commitment to order 10 787-10X Dreamliners, powered with GEnx-1B engines. “We have studied the capabilities Boeing is developing for the 787-10X and anticipate strong demand from our airline customers for this airplane,” said GECAS President and CEO Norman C.T. Liu. “The 787-10X

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GE signs OnPoint Solution agreements with Azul and Air Canada

Azul added 43 CF34-10E engines to its existing 15-year OnPointSM solution services agreement with GE Aviation covering the maintenance, repair and overhaul of 190 CF34 engines powering its EMBRAER E190 aircraft. Air Canada has committed to a 5-year OnPoint solution agreement for a firm fixed price on time and material to repair and overhaul its

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Apollo Aviation Group contracts for $220m in acquisitions in 2013

Apollo Aviation Group, an international full service aviation asset manager, has contracted to acquire flight equipment valued at more than $220m in the first five months of 2013, including two A320 CEO family aircraft, one A330-200, one A330-300, seven B737NGs, and seven engines. Ten of these aircraft are on lease to airlines in Asia, Europe

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Xiamen Airlines selects GEnx engines for Boeing 787 Dreamliners

Xiamen Airlines signed a Letter of Intent (LOI) with GE Aviation to select GEnx-1B engines to power its six Boeing 787 Dreamliners. The LOI also includes a 10-year OnPoint solution agreement for GE to provide maintenance, repair and overhaul of the airline’s GEnx fleet. The list price of the engine order and the OnPoint solution

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KLM E&M signs support contract with Air Corsica, covering A320 aircraft

Air Corsica has signed a support contract with AFI KLM E&M covering the single A320 aircraft the Corsica-based carrier currently leases from Air France. The agreement includes component support with pool access, engineering services and repairs on a flight hour basis. AFI KLM E&M will also provide wheel and tire support, together with overhaul and

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Doric broadens product offering to Airlines

Doric’s shareholders have expanded Doric’s existing business with the launch of Doric Lease Corp (“DLC”), an operating lessor company based in Dublin, Ireland. DLC will focus its activities in the widebody aircraft leasing sector acting in a principal investment capacity. DLC’s strategic business focus will include aircraft acquisitions, sale and leaseback transactions, and arranging of

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First A350 XWB takes to the skies on its maiden flight

A new chapter has opened in Airbus’ 43 year history as the first A350 XWB, the world’s most efficient large twin-engined commercial aircraft, powered aloft on Friday June 14th, for its maiden flight at Blagnac in Toulouse, France. Equipped with Rolls-Royce Trent XWB turbofans, the A350 XWB first flight took place over south western France.

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