PW127M engine certified to power ATR regional turboprop aircraft

Pratt & Whitney Canada has received type certification from Transport Canada and the European Aviation Safety Agency for the PW127M engine, the newest member in the PW100 regional turboprop family. The PW127M offers five per cent more power than its predecessor, the PW127F engine. The PW127M is a derivative of the PW127F and PW127E engines

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European Commission searches offices of Deutsche Lufthansa AG

Lufthansa released that the European Commission conducted an investigation in the offices of Deutsche Lufthansa AG in Frankfurt on March 11th. According to information from the investigation decision, the Commission has information that passenger aviation companies including Lufthansa in Europe and in Japan may have taken part in anti-competitive price-fixing and collusive behaviour in traffic

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Babcock & Brown arranges over $250 million of aicraft acquisition financing

International investment and specialised fund and asset management group Babcock & Brown announced that a joint initiative with HCI Capital AG (HCI), a leading distribution house for closed funds and structured products in Germany, has acquired its first aircraft leasing investment with the purchase of two Boeing 777-200LR aircraft delivered to Air Canada in February

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SAS receives compensation and orders new Bombardier aircraft for fleet replacement

SAS has agreed a settlement with Bombardier and Goodrich regarding the incidents involving the Dash aircraft in the autumn of 2007. The details of the agreement are confidential but SAS Group confirms the total financial compensation is slightly more than SEK 1 billion in the form of a cash payment and credits for future firm

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Midcoast Aviation appoints Jim Zarvos to head MRO at Savannah Air Center

Jim Zarvos, currently leading Midcoast’s satellite operations, was recently promoted by Midcoast Aviation to senior vice president and added MRO and refurbishment activities at SAC in Savannah, GA to his responsibilities In his new position, Zarvos will soon relocate to Savannah to lead the MRO and refurbishment programs at Savannah Air Center which was acquired

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