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AerDragon Aviation Leasing signs CFM56-5B TrueChoice overhaul agreement with GE

AerDragon Aviation Leasing has signed a TrueChoiceTM overhaul agreement with GE at the 13th China International Aviation and Aerospace Exhibition. The agreement covers time and materials required to overhaul eight CFM56-5B engines installed on four A320ceo aircraft, which were delivered to AerDragon’s lessee customers and entered service in 2009 and 2010. This agreement will be fulfilled

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AerDragon Aviation Leasing and GE sign CFM56-5B TrueChoice overhaul agreement

AerDragon Aviation Leasing has signed a TrueChoiceTM overhaul agreement with GE at the 13th China International Aviation and Aerospace Exhibition. The agreement covers time and materials required to overhaul eight CFM56-5B engines installed on four A320ceo aircraft, which were delivered to AerDragon’s lessee customers and entered service in 2009 and 2010. This agreement will be fulfilled

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Astronics awarded follow-on inflight connectivity equipment order from Collins Aerospace

Astronics Corporation, a leading provider of advanced technologies for global aerospace, defense and other mission-critical industries, has been awarded a US$19 million order from Collins Aerospace (Collins) for business jet connectivity equipment to be delivered in 2022. The order is a follow-on to the approximately US$11 million order announced in February 2021. The growing fleet

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Embraer’s new China market outlook predicts regional aircraft to lead the way in post-pandemic era

Embraer will reveal its latest outlook for the Chinese commercial aviation market at the Zhuhai Airshow today, September 28, the 13th China International Aviation and Aerospace Exhibition. The report predicts new aircraft deliveries over the next 20 years based on passenger demand for air travel in the post-pandemic era. Embraer forecasts that 1,445 new aircraft in

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Wencor and PMA Aeroparts announce exclusive global distribution agreement and strategic partnership

PMA Aeroparts has selected Wencor as its exclusive global distribution partner for its Part Manufacturer Approval (PMA) product line, approved by the FAA under AP part number references, effective immediately. The global agreement includes filtration, sensors, switches, controls and hardware products, which will boost Wencor’s material solution offerings. Mark Hansson, President & CEO of PMA

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Collins Aerospace to acquire FlightAware

Collins Aerospace, a Raytheon Technologies business, has signed a definitive agreement to acquire privately held FlightAware, a leading digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools. Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals. Following closing, FlightAware will join Collins’ Information Management Services portfolio within the company’s avionics strategic business unit. Financial

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Goshawk extends US$500 million secured warehouse facility to 2023

Goshawk, the Dublin-based global aircraft lessor, has extended US$500 million secured warehouse facility. This facility, originally put in place in 2015, is now extended to July 2023 and provides flexible capital that can be used to finance Goshawk’s target asset types of primarily young, new technology, narrow-body aircraft. Goshawk entered the extension agreement with HSBC

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BOC Aviation posts first-half 2021 net income of US$254 million

BOC Aviation has announced its unaudited results for the six months ended June 30, 2021. The company reported net profit after tax (NPAT) of US$254 million for the first half of 2021. Profitability has improved since the second half of 2020, as the earnings and cash flow outlook improved for most of its airline customers,

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