GMT Global Republic Aviation (GMT Global) has acquired four Airbus A320-200 aircraft with a market value of $68 million, from Aercap Holdings N.V. The aircraft are currently on lease until 2012 to TAM – LInhas Aereas, S.A. based in Sao Paulo, Brazil. The addition of the four single-aisles further diversifies GMT Global’s portfolio to a […]
GMT Global acquires four Airbus A320-200s Read More »
Jazz Air LP (“Jazz”) announced the resignation of Senior Vice President and Chief Operating Officer William (Bill) Bredt effective August 10, 2008. Mr. Bredt will be returning to Air Canada as their new Executive Vice President and Chief Operating Officer. Mr. Bredt was appointed Senior Vice President and Chief Operating Officer at Jazz on August
Jazz announces resignation of Senior Vice President and COO Bill Bredt Read More »
Volvo Aero and Rolls-Royce have entered into a risk and revenue sharing agreement for the Trent XWB engine for the Airbus A350XWB aircraft, under which Volvo Aero will develop and manufacture the intermediate compressor case, a key engine component. Volvo Aero Corporation estimates the value of the contract to be approximately 40 billion SEK over
Volvo Aero and Rolls-Royce sign risk and revenue sharing agreement Read More »
GE-Aviation and SAFRAN announced agreement on a new joint venture company to cooperatively develop, produce and support engine nacelles for the next-generation single-aisle commercial airliners. The agreement covers complete nacelles and nacelle subsystems
GE and SAFRAN to create joint venture for engine nacelles Read More »
Embraer signed a contract with Aeromexico to incorporate 12 EMBRAER 190 jets into its fleet as part of the airline’s modernization plan. The new aircraft will be flown by its Aeromexico Connect subsidiary, which already operates 28 ERJ 145 jets, and has taken operating leases on four EMBRAER 190 jets from GE Commercial Aviation Services
Aeromexico signs contract for 12 EMBRAER 190 jets Read More »
Embraer and Saudi Arabia’s National Air Services (NAS) Aviation confirm options on five more EMBRAER 190 jets. The original contract, covering five firm orders and five options, was announced in November 2007, during the Dubai Airshow. The total value of the new agreement, at list price, is $ 187.5 million, and the airline also retains
NAS Aviation confirm five more EMBRAER 190 Jets Read More »
Austria’s NIKI Luftfhart GmbH signed a contract for five EMBRAER 190 jets. The agreement includes purchase rights for another five aircraft, which could be either the EMBRAER 190 or the EMBRAER 195. The total value of the deal comes to $187.5 million, and could double, if all options are confirmed for the EMBRAER 190. Deliveries
NIKI Airline orders five EMBRAER 190 jets Read More »
Arik Air reported an order for an additional seven Next-Generation 737s at the Farnborough Airshow. The airline ordered 10 Next-Generation 737s in September 2007 and now has a total of 17 Next-Generation 737s on order. Arik Air currently operates six 737-700s. Today’s order has been attributed on Boeing’s Orders & Deliveries Web site to an
Arik Air pursuing fleet modernization with order for seven 737-800s Read More »
Pratt & Whitney and its joint venture partner, Turkish Airlines Technic broke ground on a new CFM56 and V2500 engine overhaul facility in Istanbul on July 14th. Once fully operational, the 25,000-square-meter (269,000-square-foot) center is expected to overhaul up to 200 engines annually and employ up to 550 people, many of whom will be from
P&W and Turkish Technic break ground on engine overhaul center Read More »
TAM Linhas Aereas has selected Pratt & Whitney PW4000-100″ engines to power two new Airbus A330 aircraft in a deal valued at more than $100 million. The contract includes installed and spare engines for two firm A330-200 aircraft and a 12-year service agreement provided by Pratt & Whitney Global Service Partners.
Pratt & Whitney wins $100 million engine order from TAM Read More »
