South African Airways orders five additional A320 aircraft

South African Airways has ordered five additional Airbus A320 aircraft, increasing an earlier commitment for the type from 15 to 20. The aircraft, to be delivered from 2013, will be powered by IAE engines. This order, combined with the airlines recent lease agreement for six new A330s from Air Castle, will deliver a modern, comfortable,

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Rolls-Royce reports new success in two-shaft engine research programme

Rolls-Royce reported the successful running of the latest core engine build in its E3E (efficiency, environment, economy) two-shaft research programme. E3E is developing leading-edge technologies which increase engine temperature, pressure ratio and component efficiencies, together with a 25% plus increase in thrust to weight ratios. These technologies are designed to reduce fuel burn and CO2

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Boeing and Chinese energy officials announce sustainable biofuel initiatives

Boeing and PetroChina, together with representatives of the Chinese energy sector and the global aviation industry, announced the signing of an agreement to evaluate establishing a sustainable aviation biofuels industry in China. The strategic assessment is the first such effort in China and will take a comprehensive look at the environmental and socio-economic benefits of

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African Airlines Investments acquires five BAe 146s

African Airlines Investments of South Africa has acquired five BAe 146 regional jetliners from BAE Systems for use on its growing aircraft leasing operations across sub-Saharan Africa. Two of the aircraft are BAe 146-200s with the remaining aircraft being the bigger Series 300. The aircraft are scheduled to be delivered by mid-July. These five aircraft

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GE Aviation's CF34 engine recently surpassed 5,000 total deliveries

“This is a remarkable achievement for the CF34 engine family,” said Chuck Nugent, general manager of the CF34 program at GE Aviation. ” As we look to the future, we are confident that the CF34 is — and will continue to be — the right choice for our customers’ fleets, offering reliability, performance and value.”

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ExpressJet announces $5 million bond redemption for 11.25% convertible secured notes

ExpressJet Holdings, parent company of regional and charter airline operator, ExpressJet Airlines, intends to redeem $5 million in principal of its 11.25% Convertible Secured Notes due 2023 on July 9, 2010. The redemption is part of ExpressJet’s previously announced securities repurchase program and the remaining balance on the notes will be $38.6 million. This balance

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