Air Lease Corporation (ALC) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Peach Aviation, an affiliate of ANA based in Osaka, Japan. Featuring CFM International LEAP-1A32 engines, this is the first of two new A321-200neo LRs confirmed to deliver to the airline from ALC’s orderbook with Airbus. This aircraft is the
777 Partners, the Miami-based investment firm, will nearly double its Boeing 737 MAX order book with the purchase of 30 additional jets. The new order expands 777 Partners’ commercial aircraft portfolio to a total of 68 737 MAXs, in its fourth order this year for the fuel-efficient, single-aisle jet. Valued at US$3.7 billion at list
Effective January 1, 2022, co-founder and CEO Peter Lyager will step down as executive director of TP Aerospace and transition to a non-executive position in the company’s Board of Directors. Nikolaj Jacobsen, who joined TP Aerospace as CFO in 2018, has been appointed new CEO of the company alongside President and co-founder Thomas Ibsø. Jacobsen
SIA Engineering Company (SIAEC) has signed a ten-year agreement with Safran Aircraft Engines (SAE) to provide engine test services for the CFM LEAP-1A and -1B engines. SIAEC will provide the engine test services at its engine test facility, which will be upgraded with the latest data acquisition and control system from Safran Test Cells, a
HAECO Americas has extended its long-standing agreement with Alaska Airlines to provide airframe services in the form of heavy-maintenance and modification services on the airline’s growing fleet of Boeing and Airbus aircraft at its Greensboro, North Carolina facility through 2027. The extension of this agreement builds upon the existing partnership between the HAECO Group and
AJW Group, an independent aircraft component parts, repair and supply chain solutions provider has announced the purchase of a CFM56-5B engine for teardown to support its expanding engine inventory and engine management programmes. The associated high-quality engine parts will be stored at AJW Groups global facilities to support the needs of worldwide Airbus A320-family operators.
SAS has reported its fourth-quarter results, stating that customer demand continued to increase through the year’s last quarter and as a result, capacity increased 43% compared with the third quarter the previous year. Passengers flying with SAS increased 73% compared to the last quarter and the flown load factor reached approximately 60%, an increase of
ST Engineering and Singapore Institute of Manufacturing Technology (SIMTech), a unit of the Agency for Science, Technology and Research (ASTAR), have teamed up for a three-year research programme to co-develop additive manufacturing (AM) processes for applications in aerospace maintenance, repair and overhaul. The collaboration aims to enhance end-to-end AM processes in manufacturing aerospace parts and
Mentis Aviation Group (MAG) has entered into an agreement with KP Aviation (KPA), a Mesa, Arizona-based aviation company, to partner in parts distribution around China for KP Aviation and sourcing of aircraft and engines to process through MAG’s tear down and recycling facility in Hefei City, China. The partnership with KP Aviation also provides additional
HAECO ITM, a member of the HAECO Group, has extended its long-standing agreement with Taiwan low-cost carrier Tigerair Taiwan to provide inventory technical management support to the airline’s Airbus A320 fleet. The new agreement will run until 2027. HAECO ITM has been providing inventory technical management support to Tigerair Taiwan since 2016. Under the extended
