United grounds 777s and cancels flights for functional check

United Airlines informed customers traveling on April 2, 2008 on United’s Boeing 777 aircraft that they will experience flight delays or cancellations as a result of a functional check being performed on the aircraft. As part of a regular review of maintenance records, the company discovered that the functional test that checks the firing system on one of the five bottles in the cargo fire suppression system on the Boeing 777 was not performed, and this was voluntarily disclosed to the FAA. United is in the process of checking this part of the system. This system is regularly tested as Read more

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Boeing names Paul Kinscherff to lead business in Gulf States

Boeing named Paul Kinscherff president of Boeing Middle East. He will be based in Dubai, United Arab Emirates, and report to Shep Hill, president, Boeing International. Kinscherff will work with Boeing Saudi Arabia President Ahmed Jazzar to strengthen Boeing’s presence across the region and support its growth there. Since late 2003, Kinscherff has been Boeing’s treasurer, overseeing financing, banking, insurance, pension investment, and global treasury operations. In additon Boeing named David Dohnalek Vice President of Finance and Treasurer, succeeding Paul Kinscherff.

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Goodrich to repair proprietary components for Airbus

Goodrich Corporation has entered into an agreement with Airbus North America Customer Services Inc. to perform repair work on a variety of proprietary components at its Foley, Ala. maintenance, repair, and overhaul (MRO) facility known as the Alabama Service Center. Under the agreement, the facility becomes one of two Airbus-endorsed repair stations for structural components in the Americas; in addition, it is now one of three repair stations in the Americas that Airbus has chosen to work on its proprietary parts. The main product lines the facility expects to service include flight control surfaces, pneumatic ducting and access doors, such Read more

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Notifications by AMF of charges against EADS and some of its executives

EADS, as well as the concerned EADS and Airbus executives, took notice of the decision of the AMF College to initiate proceedings, respectively for breach of market information duties and for breach of insider trading rules. In the first step of what is likely to be a long process, the AMF College has considered that the elements gathered during the investigative phase of the enquiry, as interpreted by AMF

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GEnx-1B engine receives FAA certification

The GEnx-1B engine for the Boeing 787 Dreamliner received airworthiness engine certification from the U.S. Federal Aviation Administration. The FAR (Federal Aviation Regulation) 33 certification follows an extensive two-year ground- and flight-test program that involved eight engines and two flight-test programs on GE’s 747 flying test bed. During its development and certification program, the GEnx ran 4,800 cycles and more than 3,600 hours. With more than 1,100 engines sold to date, the GEnx is the fastest-selling engine in GE’s history. Based on the proven architecture of the GE90, the GEnx will succeed GE’s CF6 engine. Compared to the CF6, the Read more

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Agreement finalized with SAS pilots

On April 1, 2008, SAS and the Danish Pilots’ Association (DPF), the Norwegian SAS Pilots’ Association (NSF) and the Swedish Pilots’ Association (SPF) signed a two-year collective agreement on salaries and general terms of service. The agreement period is April 1, 2007, through March 31, 2009. SAS now has multiyear agreements with all 39 trade union organizations in the Group.

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Willis Lease closes private placement of $233 million

Willis Lease Finance Corporation reported it closed a private placement of $233 million of new 13-15 year term notes for Willis Engine Securitization Trust (WEST) on March 28, 2008. The proceeds of the term notes were used to repay existing warehouse borrowings totaling $164 million and to purchase 11 engines from Willis Lease. WEST issued $200 million of new warehouse notes in December 2007, which remain undrawn.

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British Airways and AeroTurbine sign 10 year component lease agreement

AeroTurbine entered into a component purchase and sale agreement and a component lease agreement with British Airways, whereby AeroTurbine will purchase British Airways’ entire stock of wheels and brakes for the Boeing 737, 757, 767, 777, and 747-400 and will lease the same back to British Airways for a period of between six years and ten years, in line with British Airways’ fleet renewal plans. AeroTurbine has agreed to allow British Airways to position the wheel and brake stock at various locations around the world to support British Airways’ day to day flight operations and manage the ongoing maintenance of Read more

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