Gulfstream International Airlines rebrands as Silver Airways

Gulfstream International Airlines announced its adoption of a new name and brand: Silver Airways.  VPAA Co. dba/Gulfstream International Airlines was founded in May 2011, when Victory Park Capital, a Chicago-based investment firm, acquired select assets from the former Gulfstream International Airlines, which filed for bankruptcy in November 2010.  Silver Airways continues the evolution of the carrier under […]

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FedEx Express orders 27 Boeing 767 Freighters powered by GE's CF6 engines

In order to continue the modernization of the company’s aircraft fleet, FedEx Express has signed an agreement with Boeing to purchase 27 new 767-300F aircraft, with three arriving in fiscal 2014 and six per year in fiscal 2015-2018. The 767s were selected as the best choice to begin replacing FedEx Express’s MD10 aircraft, some of which are

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Monarch signs base maintenance agreement with easyJet

Monarch Aircraft Engineering has signed a base maintenance agreement with easyJet to carry out a series of wing rear spar inspection service bulletins on their Airbus A320 fleet. Under the terms of the agreement Monarch Aircraft Engineerings will provide easyJet with a dedicated line of maintenance during the 2011/2012 winter period at its London Luton facility,

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FLY Leasing acquires two B737-800s and sells two aircraft

FLY Leasing Limited has acquired two Boeing 737-800 aircraft, one on lease to Air China and one on lease to Korean Air. The purchase price for both aircraft totaled approximately $62m, which was financed from FLY’s unrestricted cash and new bank debt. FLY also announced that it has sold two aircraft from its portfolio for a

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SR Technics signs exclusive agreements with Philippine Airlines

SR Technics, part of the Mubadala Aerospace Maintenance, Repair and Overhaul (MRO) network, has signed exclusive Repair Cycle Management (RCM) and engine maintenance contracts with Philippine Airlines (PAL), the flag carrier of the Philippines. The RCM agreement is for PAL’s entire Airbus fleet, totaling 33 wide and narrow body aircraft, and covering in total 2,000

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£59m Indian Hawk spares contract for BAE Systems

Reinforcing BAE Systems’ strong relationship with the Indian Air Force (IAF) and aircraft manufacturer Hindustan Aeronautics Limited (HAL), the company has recently secured a £59m contract for the provision of spares and ground support equipment to aid the Hawk training aircraft operations. This brings the total value of Hawk related contracts won in India to

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Locatory.com signs a cooperation agreement with Russian Civil Aviation Institute

At the Dubai Air Show 2011, global aviation spare parts platform Locatory.com signed a cooperation agreement with the Russian State Research Institute of Civil Aviation (GosNIIGA). According to the agreement, both parties will work closely together in their attempt to ensure the authenticity of aviation parts within the Russian market. A successful implementation of the agreement terms

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