AD Aerospace, part of AD Group, announced the signing of a Letter of Intent (LOI) with Shanghai Aero Measurement Controlling Research Institute (SAMRI) for the supply of security and safety video camera systems for the COMAC 919 aircraft, (SAMRI is an Enterprise of AVIC – Aviation Industry Corporation of China). AD Aerospace and SAMRI will
Air Lease Corporation (ALC) signed a firm contract for 36 A320neo Family aircraft, 20 of which will be of the larger A321neo model in line with the market trend towards larger aircraft across all market segments, plus 14 options. This firm contract follows the Memorandum of Understanding (MoU) signed at the 2011 Paris Le Bourget
Cebu Pacific, the Philippines’ largest National flag carrier, has chosen the Rolls-Royce Trent 700 engines to power up to eight leased Airbus A330-300 aircraft that the carrier will use to launch long haul operations in the second half of 2013. Rolls Royce, the global power systems company, will also provide long-term TotalCare service support for
Etihad Airways has signed a contract with Airbus to equip 17 of its future A320s on order with Airbus’ fuel saving Sharklets. The new wingtip devices measure 2.5 metres tall, replace the aircraft’s current wingtip fence and will reduce fuel burn particularly over longer distances. Deliveries of the Sharklet-equipped A320s to Etihad Airways will begin
Air Lease Corporation has entered into lease agreements with China Southern for 18 new jet aircraft from ALC’s orderbook delivering in 2013, 2014, and 2015. The aircraft include twelve new Boeing 737-800s, four new Airbus A320-200s, and two new Airbus A321-200s, all of which are signed on 12-year lease terms.
Pratt & Whitney Canada (P&WC) has reached an agreement to sell its P&WC (A’Asia) Brisbane, Australia, MRO facility to Vector Aerospace Corporation. The sale applies to the assets and facility associated with its PT6A engine repair and overhaul facility located in the area. As part of the transaction, Vector’s newly purchased facility will be appointed
Employees from Finnair Technical Services walked out on Tuesday June 5th, after the employee unions rejected Finnair’s proposel of financial support and re-employment support packages for employees who are at risk of redundancies, due to Finnair’s plan to outsource its engine and component services to SR Technics. According to the unions the industrial action will
Eclipse Aerospace, manufacturer of the world’s first very light jet (VLJ), announced the official launch of initial production of the new model Eclipse 550 twin–engine jet. Now armed with an established supply chain, a new FAA production certificate, and a certified airframe, Eclipse is officially back in production with deliveries beginning in 2013. Eclipse plans
Pratt & Whitney and Russia’s Irkut Corporation signed a definitive agreement to offer the Pratt & Whitney PurePower PW1400G engine on Irkut’s MC-21 family of aircraft. This secures the PurePower engine as the only western powerplant offered on the new narrow body program. Pratt & Whitney and Irkut Corporation selected Short Brothers plc, a subsidiary
FedEx Corp. announced its decision to permanently retire from service 18 Airbus A310-200 aircraft and 26 related engines, as well as six Boeing MD10-10 aircraft and 17 related engines. The majority of these aircraft are currently parked and not in revenue service. As a consequence, a non-cash impairment charge of $134m ($84m, net of tax)
