In February, IATA released “Guidance Material and Best Practices for Aircraft Leases,” a “living document” designed to help airlines optimize the lease process—from initial negotiations through operations and delivery.
Unveiled last October as a tentative agreement, the strategic partnership gives LHT a reliable pipeline of USM that it can use to cost-effectively support customers on long-term, performance-based support agreements.
Boeing’s planned maintenance services partnership with SIA Engineering Company (SIAEC) represents the manufacturer’s most aggressive push into the lucrative commercial aftermarket and tracks with the company’s strategy of teaming up with partners that add value as it seeks to grow its services revenues.
Like an eagle that uses its keen vision, strength and size to become apex predator of the aviaries, Pratt & Whitney believes its PW1000 geared turbofan will be the eagle in its nest to make its commercial production soar (AW&ST May 26/June 2, p. 36).
The hangar-services-only days in Central and Eastern Europe are over—as is “hangar mania,” which is how former FL Technics CEO Jonas Butautis described the proliferation of basic MRO services that popped up there over the past few years and created overcapacity.
While installing a fireplace in a cabin clearly would be a bad idea, Lufthansa Technik develops a technology that uses illuminated water mist with an image of burning wood to create a fireplace for VIP aircraft....More
Construction of Cardington’s Number 1 shed, currently housing the HAV project, began in 1916 when Construction of Cardington’s No. 1 shed, currently housing the HAV project, began in 1916 when Short Brothers was awarded an Admiralty contract for the development of dirigible airships....More
China last year accelerated its plans to “reclaim” areas like the Spratly Islands, and the Asian giant is banking on its coast guard to protect its disputed maritime stakes in the region, according to the Pentagon....More
Ethiopian Airlines' fleet renewal and growth continued this week with the delivery of a new Boeing 737-800 from Seattle. Routing through Washington-Dulles and then Dublin, Ireland, the latest 737NG is Ethiopian's 16th. Since 2010, the East African carrier has taken delivery of 25 Boeing 737/777/787s as well as 13 Bombardier DHC8-Q400 regional turbo aircraft. One of the fastest-growing and most modern of African airlines, Ethiopian also has a burgeoning MRO business....More