Boeing expands Middle East component manufacturing for new-gen widebodies
Recognising the ongoing vital role the region will play in the future success of its airliner products, Boeing has signed a strategic agreement with Abu Dhabi-based aerostructures manufacturer Mubadala Development Company (Mubadala) for the supply of advanced composites and machined metals for the 787 and 777X. The agreement expands the long-term role of Mubadala as
GECAS order confirms value of ATR to leasing market
Aircraft financing and leasing company GE Capital Aviation Services (GECAS) and ATR have signed a contract for up to 10 ATR 72-600 aircraft. The deal includes five firm orders and five options for deliveries beginning in 2015. ATR said the order confirms the importance of the leasing market for its aircraft, a signal of strong
Indonesian F-16s in Darwin for Ausindo 13 exercises
Indonesian air force (TNI-AU) F-16As have arrived at RAAF Darwin for Ex Elang Ausindo 13, the latest in the series of bilateral airpower exercises between the TNI-AU and RAAF. The week long Ausindo 13 began on Monday November 18 and runs through to Friday the 22nd and sees up to six Indonesian F-16s exercising with
Qantas pitches for small business loyalty
Qantas has launched a loyalty program aimed at small and medium business as part of efforts to shore up marketshare for non-corporate account business travel. Dubbed Aquire, the new stand-alone program allows businesses to accrue Acquire points through a range of business transactions. Those points can then be converted on a one for one basis
Rolls-Royce delivers 1,500th C-130J engine
Rolls-Royce has completed its 1,500th AE 2100 engine for installation on a C-130J Hercules. The milestone engine was delivered to Lockheed Martin in Marietta, Georgia following a celebration in Indianapolis, Indiana, where the AE 2100 is manufactured, assembled and tested. It will be fitted to a C-130J scheduled for delivery to the US Air Force
Virgin rights issue sparks war of words
Virgin Australia’s $350 million rights issue, which has seen major institutional investors Air New Zealand, Etihad, Singapore Airlines and the Virgin Group take up their entitlement shares in the airline, has sparked a pointed reaction from Qantas and counter arguments from Virgin. The rights issue, which so far has raised $281.4 million from Virgin Australia’s