Pemco World Air Services' 30 largest unsecured creditors together are owed more than $12.2 million, according to documents included in its Chapter 11 bankruptcy petition filed in the U.S. Bankruptcy Court for the District of Delaware. Pemco, which also is a significant provider of passenger-to-freighter conversions, particularly in the narrowbody market, owes another $31.8 million in secured debt to Avion Services Holdings, LCC, which is maneuvering to buy Pemco and its assets. Avion and Pemco are controlled by the same investor group.
Nordam promoted Basil Barimo to executive VP for all Nordam repair divisions. He previously served as VP and general manager for the firm's Tulsa-based repair division. Nordam also appointed John Clawson to VP and general manager of its thrust reverser division.
Airbus is bringing to market the A330 passenger to freighter program with ST Aerospace, with the aircraft to enter service in 2016. Both the A330-300 (to come first) and -200 (due a year later) will be part of the P2F program which also includes EADS' EFW unit. ST Aerospace will have the development lead, with EFW performing the modification and marketing. The arrangement has been under work for three years.
Shanghai Aviation Services Co. signed a two-year maintenance agreement with LOT Polish Airlines for Boeing 767-300 heavy maintenance. This is the first agreement between the two companies.
Avionics Group amended STC to install Honeywell Mode S elementary and enhanced surveillance on Boeing DC-9-81 (MD-81), DC-9-82 (MD-82), DC-9-83 (MD-83), DC-9-87 (MD-87) and MD-88 aircraft, STC ST03417AT
SR Technics received production organization approval from the Swiss Federal Office For Civil Aviation for aircraft interior design. The MRO does design and engineering work at its VIP Completion Center in Zurich and the first aircraft to undergo SR Technics' VIP interior modifications arrived there in the third quarter. SR Technics says 130 employees have been trained on how to implement the new VIP product.
Manufacturer: Pall Corp Applications: Pall Corp.'s aerospace division manufacturers aerospace-grade true HEPA filters for aircraft types including Boeing, Airbus, Bombardier and Embraer models. Pall has tested the HEPA cabin air filters to a microbial removal efficiency of greater than 99.999%. Pall also provides odor/VOC filters for select aircraft types to remove compounds associated with oil degradation. www.pall.com
1. Keen Kitting Manufacturer: CribMaster Applications: The KitMaster tool storage container prevents foreign object debris with containers that includes custom foam shadowboxes with cutouts that fit each tool perfectly. Specifications: Custom options include laser etching, multiple color combinations and varying depth of foam cuts. www.cribmaster.com 2. More Mobility
ST Aerospace appointed Ron Soret to general manager of completions to lead a team of industry experts for its new VIP interior brand, Aeria Luxury Interiors. Soret is a 30 year veteran of the aerospace industry. Airframes
FRANKFURT—The International Air Transport Association (IATA) recently came up with some encouraging figures. It was never safer to fly than it was in 2011. There were 0.77 hull losses per one million departures in 2005; in 2011 that figures improved significantly to 0.37. And there were regions like Europe or North Asia that did not have any hull losses at all last year.
Barfield signed a five-year contract with Tame, Ecuador's flag carrier, for full support of its fleet of three newly delivered ATR42-500s. The deal provides nose-to-tail component support and repair, includeing engine LRUs and pool access.
A J Walter Aviation signed a deal with GMF AeroAsia to provide integrated consumables management services for the MRO's 737NG maintenance program. A J Walter will position a spares consignment with GMF in Jakarta for replenishment on demand with payment on consumption.
AFI KLM E&M inked a contract with SriLankan Airlines for Airbus A340 and A330 component support. The agreement involves closed-loop repairs for six A330s and six A340s. It also extended a component support contract with Yemenia Airways signed in 2005. The extended contract covers the services in the original agreement, including component support, pool access and repairs for two A330s.
Worthington Aviation issued STC to upgrade the existing Honeywell traffic alert and collision avoidance system (TCAS) with an aviation communication & surveillance systems (ACSS) TCAS 2000 system, dual ACSS Mode S transponders, and dual Honeywell AZ-810 digital air data computers on various Bombardier DHC-8-100, -200 and -300 series aircraft, STC ST03026CH
Marana Aerospace Solutions appointed Colin Buxton to VP sales and marketing. Prior to joining Marana, Buxton served as VP of customer business for Rolls-Royce.
TeamSAI compiled the 2012-22 MRO market forecast figures, using Ascend data for Western-built commercial jets operating around the world, and its own research. This is the 14th year TeamSAI has produced the survey data for O&M.
Sabena Technics inked a three-year contract with Flyme to perform full component support services on its ATR 42-500 fleet. The contract includes component repair and overhaul, pool access and logistics support.
FRANKFURT—Europe's airlines are under enormous economic stress. Some are to be sold and some—like Malev and Spanair—already have disappeared this year. The consequences for the MRO sector are likely to be more subtle, but that does not mean no changes. Those airlines that already have big MRO organizations in the region will have to look at how to make those operations more efficient. Those that do not will be forced to seek outsourced work for even less. And those that have some in-house capabilities are facing crucial choices: sell, combine or expand.
BAE Systems won a variety of spares and support contracts. It signed a five-year, rate-per-hour JetSpares contract with Swiss International Airlines for its fleet of 20 Avro RJ100 regional aircraft. It also inked a three-year material and component repair and overhaul contract with European cargo airline West Atlantic for its 44 BAe ATP turboprops. BAE Systems also signed “parts plus” support contracts with three new BAe 146/Avro RJ operators: Eznis Airways of Mongolia, North Cariboo Air in Canada and Dragon Air Management in Africa.
Embraer plans to unveil upgrades to its E-Jet regional jet family around the time of the Farnborough air show to demonstrate its commitment to the product line even as it works on defining a new family of regional jets. The update will lead to improvements in aircraft fuel burn and maintenance performance, says Paulo Cesar de Souza e Silva, president of Embraer's commercial aviation business.
