Gulfstream renames G250

Gulfstream Aerospace has renamed the super midsized Gulfstream G250 aircraft; the business jet is now called the Gulfstream G280. As demand for Gulfstream business jets grows around the world, the move was prompted by the company’s sensitivity to the varied cultures of its international customer base. “Since introducing the Gulfstream G250 in 2008 and presenting it to customers around the world, we determined that G280 is a more amenable number sequence in certain cultures,” said Larry Flynn, senior vice president, Marketing and Sales, Gulfstream. “We value our international customers highly, and this change reflects our commitment to understanding the diverse Read more

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Falko wins DASH8-Q300 remarketing mandate from Royal Air Maroc

The established reputation of the business development team of the newly-created Falko aircraft asset manager for its third party aircraft remarketing services has been further enhanced by the award from Royal Air Maroc of an exclusive mandate to arrange the sale of a Bombardier-built Dash 8-Q300 regional turboprop airliner. The 2001-build aircraft is currently configured with 50 seats and is currently in storage at Maastricht in Holland.

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Conversion of second Aviation Capital Group 757-200PCF begins

Precision Conversions has commenced modification of a second 757-200PCF for Aviation Capital Group (ACG). The 1991 Rolls-Royce powered B757-200 (MSN 25258) was inducted for conversion at Flightstar Aircraft Services facility in Jacksonville, Florida and will be re-delivered in the beginning of October. This aircraft is the second aircraft from a previous award to Precision Conversions by ACG and will include the weight upgrade package which is capable of carrying up to 80,000 lbs (36,287kg) of payload.

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SOAR forms Working Agreement with TASS

Source One Aircraft Repair (SOAR) and TASS, Inc. have formed a renewable 3-year Cooperative Working Agreement to offer international Aircraft On the Ground (AOG) Field Support Services to the commercial aviation community. Founded by a core group of ex-OEM AOG and Recovery and Modification Services (RAMS)-trained professionals, SOAR is an AOG services company with dedicated global partners participating in the SOAR Network. Participating partners can be brought together and positioned more quickly to respond to aircraft incidents. Under the umbrella of aircraft field recovery, evaluation, and repair, SOAR can dispatch a well-qualified team 24 hours a day, 365 days a Read more

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Falko launched as new aircraft asset manager

The commercial aircraft leasing market has a powerful new entity with the launch of Falko, the new aircraft asset manager born out of the aircraft leasing business of BAE Systems. Supported by affiliates of funds managed by Fortress Investment Group LLC, a leading, highly diversified global investment management firm with some US $43 billion of assets under management, Falko enters the market with a portfolio of 143 aircraft, a highly experienced team and a proven track record. Over the previous 18 years, this team has negotiated in excess of 1800 commercial aircraft transactions valued at over $3.1 billion, and has customised and Read more

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MTU Maintenance Hannover extends contract with US Airways

US Airways and MTU have extended the term of the V2500-A1 Engine Maintenance Agreement which was originally executed in 2008. The existing fly-by-hour agreement has been extended until the end of 2016. MTU’s relationship of providing V2500 maintenance services for US Airways began with America West Airlines in 1993.

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AJW signs five year contract with Honeywell for component repair and supply

Cmponent support specialist, A J Walter Aviation has substantially extended and improved its mechanical and avionics component repair and supply agreement with Honeywell International.  Already a major customer of Honeywell, AJW believes this strategic alliance will continue to provide its customers with the fastest, most cost effective and quality solutions available on these products in the market place.  The services now incorporated by Honeywell provide low and predictable repair costs, as well as improved component availability, which enables AJW to pass on more accurate data for maintenance forecasting to its customers.  This strong and long standing partnership between AJW and Read more

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Iberia Maintenance achieves annual production of 200 engines

Iberia Maintenance has attained a stable annual production of 200 aircraft engine inspections and repairs, making its engine workshop one of the world’s most productive. At the end of 2007 Iberia’s maintenance unit launched its ambitious “Plan 200!” to improve productivity and increase resources to make its engine workshop more efficient, competitive and productive. Production data show that in June, 2010 the unit achieved an annual production rate of 200 engines and that this rate was sustained through the first half of 2011. The figure represents a 12% increase in output. “Plan 200!” called for the spending of 20 million Read more

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AerCap enters into purchase-leaseback arrangement with American Airlines to finance up to 35 Boeing 737-800NGs

AerCap has entered into a purchase-leaseback arrangement with American Airlines to finance up to 35 Boeing 737-800 Next Generation aircraft, including 29 firm deliveries, scheduled to be delivered to American.  Of the 29 firm deliveries, 26 are previously ordered aircraft and three are newly ordered aircraft. The arrangement also covers six Boeing 737-800 Next Generation aircraft subject to purchase rights that, if exercised by American, would be scheduled for delivery in 2013 – 2014. AerCap will purchase the aircraft from American and immediately lease the aircraft back to American under a purchase-leaseback financing arrangement.

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Associated Air Center develops full scale airframe mockup facility for BBJ completions

Associated Air Center, StandardAero’s Large Transport Category, VIP Aircraft Completions Center in Dallas, Texas, has developed a full scale airframe mockup center used for creating and testing new designs, fabrications and systems on Boeing Business Jets (BBJ). The re-engineered facility now offers full scale fit capabilities on the BBJ while continuing to support designs on the Airbus Corporate Jet (ACJ). The airframe mockup allows AAC to reduce aircraft down time by starting key elements of the completion process before the customer’s aircraft arrives at the AAC facility. The tool supports the 737NG family of aircrafts (BBJ/-700IGW, BBJ-2/-800ER and –BBJ-3/-900ER). There Read more

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