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November 12, 2014

Bombardier, China's SPDB Financial Leasing Sign MOU

Will Establish Financing Cooperation For Company's Aircraft

Bombardier has signed a memorandum of understanding (MOU) with China's SPDB Financial Leasing Co., Ltd. ("SPDBFL") which clears the way for SPDBFL to provide advance payment financing, delivery financing and leasing solutions to Bombardier customers acquiring Q-Series, CRJ Series and CSeries commercial aircraft, as well as Learjet, Challenger and Global business aircraft.

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Boeing, Air Mandalay Sign Memorandum Of Collaboration

Myanmar-Based Carrier Selects Next-Generation 737 Airplanes For Its Fleet Expansion

Boeing and Air Mandalay Limited have signed a memorandum of collaboration in support of working together toward Air Mandalay’s fleet renewal efforts. H.E. U Nyan Htun Aung, Minister of Transport of Myanmar and the U.S. Ambassador to the Republic of the Union of Myanmar, Derek J. Mitchell witnessed the signing.

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Petroleum Air Services Orders A Bombardier CRJ900 NextGen Aircraft

Company Growing Fleet After Successful Introduction Of The Aircraft To Egypt In 2012

Petroleum Air Services ("PAS") of Cairo, Egypt has signed a firm purchase agreement to acquire a CRJ900 NextGen regional jet. The order is a conversion of a purchase option that PAS acquired in 2011 with its first firm-ordered CRJ900 NextGen aircraft.

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Falcon Aviation Services Places Firm Order For Three Q400 NextGen Aircraft

Order Follows Previously Announced MoU With Bombardier

Abu Dhabi-based Falcon Aviation Services LLC ("Falcon") has placed a firm order for three additional Q400 NextGen airliners. The transaction represents the conversion to firm orders of three of the five Q400 NextGen aircraft included in a Letter of Intent (LOI) announced at the Farnborough Airshow on July 15, 2014.

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Trans States Airlines To Add 36 E145 Aircraft

Deliveries From Expected To Begin In February 2015

Trans States Airlines, a wholly owned subsidiary of Trans States Holdings, Inc., has announced that it will operate 36 Embraer E145 aircraft provided by United Airlines. Trans States expects to begin taking delivery of and starting scheduled service with these aircraft under the United Express brand and livery in February 2015, with deliveries slated to continue through the first quarter of 2016.

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PurePower Engine Family Exceeds 12,000 Hours Of Testing

Seventeen Hundred Of Those Are Flight Test Hours

Pratt & Whitney's PurePower engine family reached another milestone this year when it exceeded 12,000 hours of testing.  The milestone comes after a year of accomplishments, including the Airbus A320neo first flight, the Gulfstream G500 and G600 business jets launch and the Mitsubishi Regional Jet aircraft rollout – all of which are powered by PurePower engines. 

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Southwest Captain Pulled Back Engine Power Before Hard Landing At LaGuardia

Co-Pilot Was Flying The Aircraft At the Time, According To NTSB Documents

Documents released by the NTSB shows that the captain of a Southwest Airlines 737 landing at LaGuardia airport in New York pulled the power back during the approach while the co-pilot was flying the airplane, a violation of company and industry safety protocols.

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U.K. Airports Commission: Estimates Low For New Runways At Heathrow, Gatwick

Publishes Consultation On Shortlisted Options For Runway Expansions

The U.K. Airports Commission has published for consultation its assessment of proposals for additional runway capacity at Gatwick and Heathrow airports.

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