Other News

DVB Bank, Mitsubishi Corporation (UK) and Engine Lease Finance have formed a joint venture company, Deucalion MC Engine Leasing Limited, incorporated in Ireland, for the purpose of investing in commercial aircraft engines subject to leases with airlines worldwide. The joint venture company has completed its first portfolio acquisition, consisting of seven commercial aero engines which

Aeroflot and Air France-KLM, signed a new cooperation agreement, which will enter into effect on 28 March 2010. This agreement will enable Aeroflot and Air France, SkyTeam alliance partners, to offer their customers code-shared flights beyond their respective hubs at Moscow-Sheremetyevo and Paris-Charles de Gaulle, therefore taking benefits of the provisions of the agreement concluded

TAP and the SPAC have reached an agreement, meaning that the strike scheduled for 26 to 31 March can be called off. The agreement includes a pay rise of 1.8%, the same as for the other TAP unions, and equal sharing of productivity gains by pilots and the airline. Fernando Pinto, TAP Executive Chairman, said

Genesis Lease has received shareholder approval for its proposed merger with AerCap Holdings N.V. More than 70% of the Genesis common shares issued and outstanding as of the record date were voted and, of the votes cast, more than 97% were voted in favor of the merger. Genesis anticipates that the transaction will close on

TECOM Industries released that its customer, Row 44 (Westlake Village, CA), a provider of airborne broadband connectivity, will install TECOM Industries’ KuStream 1000 antenna system on Southwest Airlines’ commercial fleet. In January 2010, Southwest Airlines announced plans to equip more than 500 aircraft with Row 44’s In-flight Broadband Connectivity System. The KuStream 1000 antenna system

Air India has teamed with Sabre Airline Solutions to achieve operational efficiencies in key airline functions in a bid to be more cost efficient. Sabre Airline Solutions will move Air India toward having a fully integrated flight control system, providing Air India with solutions from the Sabre AirVision and Sabre AirCentre suites. The Sabre Integrated

Virgin America will file an application with the U.S. Department of Transportation (DOT) seeking authority to fly from the United States to Canada. If approved, this would become the airline’s first international destination. As set forth in the application, Virgin America, subject to receipt of all operating authority, plans to begin service as early as

Boeing prepared a new GOL Airlines 737-800 for Boeing’s first-ever application of a chrome-free primer to a single-aisle airplane bound for revenue service. As part of Boeing’s life cycle approach to reducing environmental impact, and in response to requests from the Brazilian carrier and other customers, Boeing has introduced a chrome-free primer to complement chrome-free

MTU Aero Engines officially opened its new sales office in Atlanta, Georgia. MTU’s new branch is headed by Dr. Rainer Fink and forms part of the organization of its wholly-owned affiliate MTU Aero Engines North America (AENA). The office will market the full range of maintenance services offered by the German engine manufacturer under the

EADS is to enter into a cooperation agreement with Norsk Titanium Components (NTiC) covering the development of near net shape plasma-based layer manufacturing technologies for aerospace, defence and space applications. The agreement falls within the framework of EADS