Air Works, India's leading aviation services company, has announced a strategic partnership with Acumen Aviation Europe through a minority investment. With this partnership, Air Works enters the large and growing aircraft asset management business, building greater presence in Europe, Asia and the US. The partnership will focus on providing customers a single source for best-in-class aviation services. Acumen is an Aircraft Asset Management Services company with … [Read more...] about Air Works, Acumen Aviation in partnership
MRO Conversions & Manufacturers
Cargo growth has “come off the boil”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has “come off the boil”: IATA
Cargo growth has "come off the boil": IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has "come off the boil": IATA
AEI announces B737-800SF launch customer
Aeronautical Engineers, Inc. (AEI) has announced that GE Capital Aviation Services (GECAS) will be the launch customer for the AEI B737-800SF programme. GECAS plans to convert up to 20 of its Boeing 737-800NG passenger aircraft to freighters. The first aircraft is scheduled for conversion starting in 2016 and will achieve FAA supplemental type certification (STC) in 2017. AEI president Roy Sandri said: “As the pre-eminent commercial airline leasing company in the world, we are … [Read more...] about AEI announces B737-800SF launch customer
ST, Airbus, EFW launch A320/A321 conversions
Singapore Technologies Aerospace Ltd (ST Aerospace) has signed agreements with Airbus and Elbe Flugzeugwerke GmbH (EFW) for a collaboration to launch the A320/A321 passenger-to-freighter (P2F) conversion programme. Under the agreements, ST Aerospace will lead the A320/A321P2F engineering development, working in tandem with Airbus and EFW, with conversions to be undertaken in EFW and in ST Aerospace's global network of facilities. This follows a similar collaboration for the A330P2F … [Read more...] about ST, Airbus, EFW launch A320/A321 conversions
Precision wins four P2Fs from SF Express
Precision Aircraft Solutions has been awarded the conversions of four former AerCap B757 aircraft for Chinese delivery services company SF Express Co., Ltd. “We are thrilled to put the Precision capabilities to work for SF Express as it further develops its 757 fleet,” said Precision president Gary Warner. “Converting four aircraft in one calendar year requires real performance and we are pleased that SF has confidence in Precision during this period of growth in … [Read more...] about Precision wins four P2Fs from SF Express
