MTU wins orders worth 500 million euros

For MTU Aero Engines the air show in Britain’s Farnborough is paying dividends. CEO Egon Behle announced orders worth around 500 million euros. “The volume of these orders underscores the continuing high demand of airlines worldwide for advanced fuel-thrifty aircraft,” he said. Among the orders received for the V2500 engine, MTU benefits from engine sales as well as maintenance contracts for MTU Maintenance Hannover and other MRO affiliates: Ten customers ordered new engines and placed maintenance contracts, among them US Airways, Wizz Air, Shenzhen Airlines, Shanghai Airlines and Hainan Airlines as well as aircraft leasing companies AWAS and Aviation Capital Read more

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United Airlines names new VP Maintenance and Aircraft Appearance

UAL Corporation announced that Timothy Canavan has been named vice president of Maintenance and Aircraft Appearance for United Services. In this role, Canavan will lead the company’s line maintenance and aircraft appearance teams to improve the reliability, workability and interior cleanliness of United’s fleet. Canavan joins United from Delta Airlines, where he spent 22 years in a variety of leadership positions in maintenance and airport operations.

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Pinnacle Airlines, Delta reach agreement

Pinnacle Airlines reported that its Pinnacle Airlines subsidiary will continue to fly for Delta Air Lines as a Delta Connection carrier under its existing contract, which expires in 2017. Delta previously served notice that it intended to terminate the contract, effective July 31. Pinnacle entered into an agreement with Delta in April 2007 to operate 16 CRJ-900 aircraft as a Delta Connection carrier and began operations under the agreement in December. Pinnacle has already taken delivery of nine of the 16 CRJ-900 aircraft on order. As part of the resolution between the parties, the in-service dates of the remaining seven Read more

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Parker Aerospace to develop generic fly-by-wire system for Bombardier

Bombardier Aerospace and Parker Aerospace announced that Parker has been selected as the exclusive supplier for a period of ten years of fly-by-wire flight control systems for all new Bombardier widebody aircraft programs requiring this technology. Parker Aerospace will develop a complete, state of the art generic fly-by-wire system from stick to surface, that will then be customized and manufactured for each aircraft program, starting with the CSeries. Parker estimates that this has the potential to generate revenues of $3.5 billion over the life of the programs.

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Uzbekistan Airways orders PW4000 engines

Uzbekistan Airways has selected Pratt & Whitney PW4000-94″ engines to power an order for new Boeing 767 aircraft in a deal valued at more than $130 million. The agreement, which is subject to approval of the Uzbekistan government, includes installed engines for four firm Boeing 767 aircraft and one spare engine

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Airbus announces orders worth over $40 billion at Farnborough Airshow

Airbus announced transactions covering 256 aircraft, valued at $40.5 billion at the 2008 Farnborough Air Show. These transactions include firm orders for 247 aircraft and nine commitments. This also reflects a strong aerospace market despite the global economic uncertainties. The highlights of the show were two large orders from Middle Eastern carriers. DAE Capital, the aircraft leasing and finance division of Dubai Aerospace Enterprise (DAE) placed a 100 aircraft order valued at $12.6 billion, comprising the purchase of 30 Airbus A350-900 and 70 Airbus A320 aircraft. Meanwhile Etihad announced a 55 aircraft order comprising an additional 10 A380s, 20 A320s, Read more

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Embraer and EgyptAir reinforce parts support agreement

Embraer reinforced its partnership with EgyptAir Maintenance & Engineering by signing an agreement for in-house parts repair capabilities. EgyptAir will be able to repair Embraer components at its Maintenance, Repair and Overhaul (MRO) center. One year ago, Embraer and EgyptAir Maintenance & Engineering signed a long-term Parts Pool Program services contract for the support of the six EMBRAER 170 jets operated by EgyptAir Express.

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Honeywell's second quarter sales up 13%

Honeywell announced second quarter 2008 sales increased 13% to $9.7 billion from $8.5 billion last year. Earnings were up 23% to $0.96 per share, versus $0.78 per share last year. Cash flow from operations was $1,042 million versus $983 million in the second quarter of 2007 and free cash flow (cash flow from operations less capital expenditures) was $853 million, compared to $820 million last year.

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