Bombardier and Shenyang Aircraft Corporation sign contract

Bombardier Aerospace signed a contract with the Shenyang Aircraft Corporation (SAC), a subsidiary of the state-owned aviation industrial entity China Aviation Industry Corporation (AVIC I), to supply the centre fuselage on the newly launched Bombardier CSeries aircraft. In June 2007, the two companies announced a Memorandum of Understanding (MOU) for a long-term strategic cooperation in the 90- to 149-seat commercial aircraft market. Both parties expect the outcome of this collaboration to result in mutually beneficial cost reductions and increased production efficiencies for their respective aircraft programs.

Email Post to a Friend Email Post to a Friend

AWAS selects CFM56-5B engines to power Airbus A320 family aircraft

AWAS became a new CFM International CFM56-5B customer when it announced it has selected the engine to power 45 firm and up to 55 option A320 family aircraft announced by Airbus earlier this year. The firm engine order is valued at more than $600 million at list price and deliveries are scheduled between 2011 and 2015.

Email Post to a Friend Email Post to a Friend

MTU Aero Engines takes 18% stake in GE38 helicopter engine

MTU Aero Engines has secured an 18% role as a program participant in the GE38 helicopter engine. Under the GE38 deal, the German engine builder will be responsible mainly for the power turbine module and moreover have the license for maintenance, final assembly and testing as well as MRO for the GE38 models used in European heavy lift helicopters.

Email Post to a Friend Email Post to a Friend

Pratt & Whitney F100 engine exceeds 22 million flight hours

The Pratt & Whitney F100 engine family — which includes the PW-100, -200, -220 and -229 engine models — recently surpassed 22 million operational flight hours. The F100 engine powers the F-16 and F-15 military fighter jets operated by the U.S. Air Force, U.S. Navy and air forces in 22 nations. Morocco will become the 23rd nation to operate the F100 engine when delivery of its F100 powered F-16s begins in 2010.

Email Post to a Friend Email Post to a Friend

FlyDubai announce Next-Generation 737 order

Boeing and Dubai’s recently launched low-cost airline FlyDubai announced an order for 50 Next-Generation 737-800s at the Farnborough Air Show. Valued at approximately $3.74 billion at current list prices, the order will be added to Boeing’s Orders & Deliveries Web site at the next regularly scheduled update. FlyDubai has substitution rights to convert its 737-800 orders to 737-900ERs (extended range) in the future. FlyDubai has ordered 50 CFM56-7B- engines valued at nearly $700 million at list price. The airline will begin taking delivery in 2009 and is scheduled to have all 50 aircraft operating by 2016.

Email Post to a Friend Email Post to a Friend

Babcock & Brown Air announces two new lease agreements

Babcock & Brown Air Limited leased and delivered two Boeing 757-200 aircraft to Ethiopian Airlines. Both aircraft had previously been leased to ATA Airlines in the United States. The new lease agreements are for terms of five years at market rates higher than those of the previous contracts.

Email Post to a Friend Email Post to a Friend

BBAM announces four aircraft leases with FlyDubai

Babcock & Brown Aircraft Management (“BBAM”) has signed a letter of intent to lease four new Boeing 737-800s to FlyDubai, a new low-cost carrier established by the Government of the Emirate of Dubai. These four Boeing 737-800 aircraft were allocated by BBAM and its long- term partner in the Japanese operating lease market, Nomura Babcock & Brown (“NBB”), from their order positions with Boeing. The first aircraft will be delivered to FlyDubai in December 2009, with the second following in January 2010. The remaining two aircraft will be delivered in February 2010.

Email Post to a Friend Email Post to a Friend