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Aviation Capital Services orders 35 B737 MAXs

October 31, 2012 0 comment

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Aviation Capital Services, a subsidiary of State Corporation Russian Technologies (Rostech) has announced commitments for 35 737 MAX aircraft, representing the first order for the MAX series from Russia. The aircraft, valued at US$3 billion at current list prices, will be placed with Aviation Capital Services for onward leasing to Russian airlines, which will operate

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Air NZ receives first ATR 72-600

October 31, 2012 0 comment

Air New Zealand has taken delivery of its first ATR 72-600, ordered  under an October 2011 contract for seven firm aircraft plus options for another five. The aircraft, painted in a striking all-black livery in support of the country’s rugby union team, will enter service in early November between Christchurch and Wellington. This content is available

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AIRnet promotes Australian industry capability

October 30, 2012 0 comment

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Aviation/Aerospace Australia (A/AA) has created an industry resources network aimed at supporting small to medium sized Australian aviation companies develop business opportunities in Asia. The Aviation Industry Resources Network (AIRnet) has been created for A/AA members to share opportunities, market intelligence and news on potential business in Asia, and was launched in response to recent

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Virgin Australia sells shares to Singapore and takes 60 per cent of Tiger

October 30, 2012 9 comment

Virgin Australia Holdings (VAH) is selling 10 per cent of its shares to Singapore Airlines in an arrangement which will see it acquire 60 per cent of Tiger Australia, plus, under a separate agreement, 100 per cent of Perth-based Skywest. “The transactions announced today are in line with Virgin Australia’s strategy to become the airline

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Date set for Malaysia Airlines to join oneworld

October 30, 2012 0 comment

Malaysia Airlines will join the oneworld alliance on February 1, 2013. oneworld says Malaysia Airlines will substantially expand the alliance’s network in Southeast Asia, adding 15 destinations to the 840 already served in 156 countries.  oneworld CEO Bruce Ashby said Malaysia Airlines’ Kuala Lumpur hub was geographically well-placed  between existing hubs.  “This will greatly enhance

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Airbus A320neo milestone

October 30, 2012 0 comment

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Airbus’s A320neo program has achieved a major milestone following the assembly of the first Pratt & Whitney PurePower PW1100G-JM engine. The engine, which uses an advanced gear system that allows the engine’s fan to operate at different speed than the low-pressure compressor and turbine, will soon enter testing at P&W’s test facility in Florida. The

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