Atlas Air Worldwide terminates previous order of three 747-8 freighter

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Atlas Air Worldwide Holdings, a leading global provider of outsourced aircraft and aviation operating services, notified Boeing that it has exercised its contractual termination rights with respect to three early production 747-8 freighters after lengthy delays and performance considerations. These three early production freighters were previously scheduled to be Atlas Air’s first deliveries in 2011. Subsequently, […]

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Chile’s antitrust court approves LAN and TAM merger

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Chile’s antitrust court, Tribunal de Defensa de la Libre Competencia (TDLC), approved the merger between LAN and TAM. This represents one more step in the process which both companies have followed to complete the transaction. The antitrust court’s resolution is complex and considers a series of mitigating measures. Therefore, both companies are currently analyzing in

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GOL receives ANAC approval for Webjet acquisition

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GOL Linhas Aéreas Inteligentes S.A. received approval from the National Civil Aviation Agency (ANAC) to conclude the acquisition of Webjet Linhas Aéreas S.A. by GOL Linhas Aéreas Inteligentes S.A., through its subsidiary VRG Linhas Aéreas S.A., in accordance with the Memorandum of Understanding executed on July 8, 2011. The two companies are still operating as

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VAS Aero Services and JetBlue Airways sign material re-distribution agreement

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VAS Aero Services and JetBlue Airways have signed an agreement that appoints VAS as JetBlue’s consignee for the redistribution of select A320 and E190 spare parts. VAS will provide, among other things, logistics and sales resources for various spare airframe and engine material over the next three years.

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MTU Aero Engines cooperates with new supplier from China

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MTU Aero Engines will soon use finished parts made in China to manufacture commercial engine components. On Thursday, September 22, 2011, MTU Aero Engines and the Chinese company Xi’an Aero-Engine (XAE) concluded a deal for the supply of 52 finished parts, which will go into commercial engine models. The 52 items procured include rotating and stationary

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Lufthansa Technik hands over first Bombardier Global 5000

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Lufthansa Technik AG handed over the first of four Global 5000 aircraft to the Special Air Mission Wing of the German Federal Ministry of Defence (BMVg). Over a period of 24 months, the new aircraft was constructed by the Canadian aircraft manufacturer, Bombardier, and adapted to the special requirements of a governmental transport aircraft. The

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ST Engineering to acquire DRB Aviation

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Singapore Technologies Engineering (ST Engineering) reported that Vision Technologies Aerospace Incorporated (VT Aerospace) has entered into an agreement to acquire 100% of the shares of DRB Aviation Consultants, (DRB Aviation) for a purchase consideration of $1.45 million (approximately S$1.75 million), effective consideration will be net of debt. DRB Aviation will be a wholly owned subsidiary of VT

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China Eastern selects V2500s for 50 aircraft

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China Eastern Airlines has selected International Aero Engines to provide V2500 engines to power 50 new A320 series aircraft. The deal also includes comprehensive long-term engine aftermarket services. Deliveries will commence in August 2012 and continue to 2015, and China Eastern will employ the new V2500s to expand the capacity of its fleet. The deal

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Embraer forecasts total delivery of 975 new regional jets to China over next 20 years

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Embraer released its outlook dedicated to the Chinese regional aviation market for 2011-2030 at a press conference held on September 21st in Beijing, China, on the opening day of the 14th Beijing Airshow. The outlook indicates that world aviation showed signs of recovery in 2010, after the economic crisis of 2008, with China emerging as one of the

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Willis Global Aerospace hires Risk Management expert as Chairman

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Willis Group Holdings the global insurance broker, released that Mark Wilford, Director of Risk at Rolls-Royce Group plc, has been appointed Chairman of the Willis Global Aerospace division. He will join Willis on January 1, 2012, and be based in London reporting to Joe Trotti, Chief Executive Officer of Willis Global Specialties. Wilford will replace outgoing

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Atlas Air Worldwide terminates previous order of three 747-8 freighter

Chile’s antitrust court approves LAN and TAM merger

GOL receives ANAC approval for Webjet acquisition

VAS Aero Services and JetBlue Airways sign material re-distribution agreement

MTU Aero Engines cooperates with new supplier from China

Lufthansa Technik hands over first Bombardier Global 5000

ST Engineering to acquire DRB Aviation

China Eastern selects V2500s for 50 aircraft

Embraer forecasts total delivery of 975 new regional jets to China over next 20 years

Willis Global Aerospace hires Risk Management expert as Chairman

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