Continental Airlines selects Goodrich for additional landing gear overhaul services

Goodrich Corporation has received an expanded landing gear overhaul service agreement from Continental Airlines to cover virtually every model in the airline’s Boeing aircraft fleet. The expanded portion of the agreement is expected to generate $49 million in revenue over five years. Under the contract amendment, Goodrich will perform overhaul services for landing gear on Continental’s Boeing 737-700/800/900, 767 and 777 aircraft, in addition to the Boeing 757-200 and 737 Classic models already under service agreement to Goodrich. Work will be performed by the Goodrich Landing Gear team in Opa-Locka, Fla. just outside Miami.

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GE launches engine core for new commercial airplanes

GE Aviation has launched a new engine core program, called “eCore”, as the technology cornerstone for a new generation of jet engines for narrow-body, regional, and business jets. The program is designed to offer aircraft operators up to 16% better fuel efficiency over GE’s best engines in operation today. GE already produces some of the world’s most fuel-efficient jet engines.

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Malaysia Airlines announce order for 35 Next-Generation 737s

Malaysia Airlines has ordered 35 Next-Generation 737-800 airplanes. The order is valued at more than $2.6 billion at current list prices. The airline also has acquired purchase rights for an additional 20 Next-Generation 737-800s. The order, which brought the total number of Boeing 737s ordered past the 8,000th mark, was recently posted on the Boeing Commercial Airplanes Orders and Deliveries Web site attributed to an unidentified customer.

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AVRO RJ sale and leaseback deal with Brussels Airlines

BAE Systems has signed contracts with the Belgian major carrier Brussels Airlines for the sale and leaseback of three Avro RJs. This deal follows the major transaction concluded in May 2005 under which BAE Systems signed a contract to buy and then leaseback 23 of the airline

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Airbus and HAIG sign framework contract

Airbus China Limited and Harbin Aircraft Industry Group Company Limited (HAIG) entered into a framework contract for a Joint Venture Manufacturing Centre in Harbin, China to produce aircraft composite material parts and components. The manufacturing centre, which will be set up in early 2009, will be an equity joint venture enterprise, with HAIG holding 80% stake and Airbus China owning 20% stake. According to the contract, the manufacturing centre shall manufacture composite materials parts and components for the Airbus A320 Family and shall participate in the industrialisation and serial production of Airbus A350 XWB work-packages. The manufacturing centre shall apply Read more

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Asiana Airlines orders 30 Airbus A350 aircraft

Asiana Airlines of South Korea has signed a contract with Airbus for the purchase of 30 A350 XWB aircraft, plus 10 options. Delivery of the aircraft will begin in 2016 and the airline will take a combination of all three variants of the A350. The carrier will operate the aircraft on its regional and long haul routes.

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AMR Corporation reports second quarter 2008 loss of $284 million

AMR Corporation reported second quarter net loss of $1.4 billion including $1.2 billion in non-cash impairment charges and severance-related charges. The company ended the second auarter with $5.5 billion in total cash and announced $500 million in additional financing to further bolster liquidity.

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Porter Airlines exercises further options on two Bombardier Q400s

Porter Airlines is exercising two existing options for Bombardier Aerospace Q400 aircraft. This represents aircraft 13 and 14 in the Porter fleet from an original order of 10 firm and 10 options.The two aircraft are valued at approximately $52 million, based on list prices. Six Q400s are delivered and currently in service. Within one year, the fleet will double in size to 12 aircraft and the full order of 20 is expected to be delivered in less than two years.

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Yemen Airways selects P&W Global Service Partners for fleet maintenance

Yemen Airways, has selected Pratt & Whitney Global Service Partners for a 10-year, $90 million Fleet Management Program agreement. The agreement covers all of the owned A310 aircraft in Yemen Airways fleet, which are powered by Pratt & Whitney PW4000 engines. The agreement covers all engine maintenance as well as engine health monitoring of the A310 fleet.

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Shenzhen Airlines select V2500 engines to power 28 Airbus A320

China’s Shenzhen Airlines has selected the International Aero Engines V2500 to power 28 Airbus A320 family aircraft and back the engine order with a long-term V2500Select agreement. Shenzhen Airlines currently operates a fleet of 19 Airbus A320 family aircraft with a further 14 on firm order. The aircraft will have the SelectOne build standard, with delivery beginning in June 2009.

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