Air Transport Aircraft & Propulsion
Jun 30, 2008
AerCap Holdings said it closed a $100 million engine acquisition facility with a syndicate of US and German banks led by Citibank as global arranger. The facility, which has an availability period of 24 months expandable to an additional 36 months, provides AerCap with committed funding to acquire a broad range of spare engines.
Jun 30, 2008
Malaysia Airlines is prepared to "take the lead" in increasing fuel surcharges and perhaps raising fares by as much as 50% in order to negotiate a "frightening" economic environment, MD and CEO Idris Jala wrote in an open letter last week. "Change, and I mean drastic change, is absolutely vital for our survival. That, and a willingness to reinvent the way we operate, including through mergers and acquisitions," Jala said.
Jun 30, 2008
BAE Systems Regional Aircraft announced that the first "relaunched" BAe 146QT (Quiet Trader) freighter was completed at Aerostar's Bacau facility in Romania and the -200 variant made a successful first flight on June 25. BAE Systems gave the go-ahead to relaunch the freighter conversion program for the 10/12-tonne quadjet in January 2007 and announced the following April that it had chosen Aerostar as its conversion partner.
Jun 30, 2008
Middle East Airlines took delivery of its first A330-200 directly purchased from Airbus. The Trent 700-powered aircraft is part of an order for four placed in 2006 that will replace MEA's three leased A330s.
Jun 30, 2008
Grandstar Cargo International Airlines, the Korean Air/Sinotrans joint venture airfreight carrier based in Tianjin, operated its inaugural flight Friday to Frankfurt using a 747-400 freighter. KE and the Chinese logistics firm first announced plans for the airline in 2006 and gained CAAC approval in July 2007. It is 51% owned by Sinotrans Air Transportation Development Co., 25% by KE, 13% by Hana Capital Co. and 11% by Shinhan Capital Co.
Mar 02, 2015
Today, 3-D printing or additive manufacturing (AM) is rapidly passing from the “gee-whiz” stage to an accepted, if still novel, aspect of the aerospace industry.
Mar 02, 2015
Mexican airline Interjet has firmed 10 Sukhoi Superjet 100 options valued at $350 million.
Mar 02, 2015
The larger version of Bombardier’s CSeries aircraft, the CS300, reached an altitude of 41,000 ft. (12,500 m.) and a speed of 255 knots (470 km/h) during its first flight.
Feb 27, 2015
In a sign of the increasing maturity of Bombardier’s CSeries airliner, the first test aircraft for the stretched, 135-seat CS300 variant flew for about five hours on its maiden flight from Mirabel, near Montreal, Feb. 27.
Feb 27, 2015
The unmanned aerial systems (UAS) revolution is having an effect on what’s flying and what it can do for people almost as dramatic as that of the introduction of powered manned flight.
Feb 27, 2015
Airbus Group delivered a record 629 civil aircraft in 2014 and announced plans to increase the A320 production rate from 42 to 50 aircraft per month starting in 2017.
Feb 27, 2015
Air Tahiti Nui (ATN), the major carrier of French Polynesia, has decided to order four Boeing 787-9 aircraft to replace its fleet of Airbus A340-300s.