AerCap Holdings N.V. (AerCap), the global leader in aircraft leasing, has entered into a definitive agreement with General Electric under which AerCap will acquire 100% of GE Capital Aviation Services (GECAS), a GE business. The combined company will be an industry leader across all areas of aviation leasing, with over 2,000 owned and managed aircraft, […]
AerCap to acquire GE Capital Aviation Services Read More »
Lufthansa Technik and the Mexican carrier MasAir Cargo Airline have signed a comprehensive Total Component Support (TCS®) contract covering repair and overhaul of components for MasAir’s Boeing 767F fleet. The new contract governs supply for up to 14 aircraft over a period of five years. This is the first contract signed directly between Lufthansa Technik
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Acumen Aviation (Acumen) and Infinity Trading & Solutions (ITS) have announced a new strategic partnership agreement.The two companies have entered into an aircraft and component services agreement, under the terms of which, Acumen will support ITS business activities within the India region. Through its well-established network, Acumen will support the sale and marketing of the
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Aeroxchange has reported that Cargolux has selected AeroRepair® to automate its repair order management process. As an Aeroxchange network member since 2009, this new multi-service agreement also further extends Cargolux’s subscription to both AeroAOG® and AeroBuy® for another five years. AeroBuy, AeroRepair and AeroAOG are a part of Aeroxchange’s suite of e-commerce applications enabling airlines
Aeroxchange and Cargolux expand relationship with new multi-service agreement Read More »
The fleet of de-icing vehicles at Munich Airport has now received particularly powerful and environmentally friendly support: the all-electric “Elephant e-BETA” from the Danish manufacturer Vestergaard has been in use at EFM, the company contracted for de-icing and aircraft towing at Munich Airport. According to the manufacturer, the “Elephant e-BETA” is the first electric de-icing
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AJW Group has been selected by Aer Lingus as its supply chain management provider. AJW Group will perform data analysis and assistance regarding component engineering services for the entire Aer Lingus fleet of A320 Family and A330 aircraft, as well as providing repair and logistical support. The contract is a Repair Cycle Management (RCM) agreement.
AJW Group signs power-by-the-hour contract with Aer Lingus Read More »
The Norwegian government has temporarily suspended the sale of Rolls-Royce-owned Bergen Engines. The sale had been agreed between Rolls-Royce and a company controlled by Russia’s TMH Group as Rolls-Royce looks to reduce the impact the COVID-19 pandemic has had on the British engine maker. Located in Bergen on the west coast of Norway, Bergen Engines
Vallair, the multi-faceted aviation business dedicated to the support of aircraft operators and lessors, has signed a Letter of Intent (LOI) with the Centre-Val de Loire Region and The Châteauroux Centre Airport Establishment. The LoI will see Vallair awarded a ten-year lease for a state-of-the-art full-service aircraft maintenance, repair, overhaul and cargo conversion hangar adjacent to
Aero Capital Solutions (ACS), a leading mid-life aircraft leasing platform, has announced a summary of results for calendar year 2020. While a challenging year for the aviation industry, ACS continued to deploy capital and work with airline partners to provide tailored structures in support of airlines’ evolving needs. Overall, 2020 saw a strong development in
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A new technological center dedicated to developing and producing non-GPS navigation systems has been launched by the Directorate of Defense Research & Development (DDR&D), part of Israel’s Ministry of Defense (IMOD), and Israel Aerospace Industries (IAI). In the new center, IAI will develop and manufacture highly-accurate inertial sensors. These sensors will enable the production of
IMOD DDR&D and IAI inaugurate advanced navigation technology center Read More »
