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November 20, 2012

Boeing Expresses Support For PNTR With Russia

U.S. House Of Representatives Voted For Permanent Normal Trade Relations Last Week

Following a vote in the U.S. House of Representatives approving legislation establishing Permanent Normal Trade Relations (PNTR) with Russia last week, Boeing said in a statement that the move could have a positive effect on the commercial airplane business in the United States.

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Pratt & Whitney Builds Apprentice Training Program In China

Shanghai Engine Center Partners With Shanghai Civil Aviation College

An agreement for a joint venture has been signed between Pratt & Whitney global service partners Shanghai Engine Center ... known as Shanghai Pratt & Whitney Aircraft Engine Maintenance Company Limited ("SEC"), a joint venture with China Eastern Airlines ... and Shanghai Civil Aviation College (SCAC) to collaborate on apprenticeships and advance license training programs.

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Turkish Airlines Opts For GE's CF6 Engines For Its Airbus A330 Fleet

Aircraft Purchased As Part Of International Expansion

Turkish Airlines (THY) has selected GE’s CF6-80E1 engines to power its fleet of 15 firm Airbus A330-300 aircraft. Delivery will begin next year. THY has also signed a 12-year OnPoint solutions agreement for the maintenance, repair and overhaul of its new CF6-80E1 engines. The total engine order and OnPoint agreement is valued at more than $1 billion.

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Ethiopian Airlines, ASKY Airlines To Take Delivery Of New Q400 Aircraft

First NexGen Q440s On The Bombardier Assembly Line To Offer New Dual-Class Seating Configuration

Bombardier announced today that Addis Ababa-based Ethiopian Airlines is the first airline to take delivery of Q400 NextGen turboprop airliners outfitted with a dual-class configuration on the production line. The two airliners delivered so far have already entered service with Ethiopian Airlines and its affiliate, ASKY Airlines of Togo.

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Ex-Im Approves Approximately $500 Million To Finance Export Of 787s To Poland

LOT Airlines Took Delivery Of Its First Dreamliner Earlier This Month

The board of the Export-Import Bank of the United States (Ex-Im Bank) has authorized a comprehensive guarantee of an approximately $500 million loan to Polskie Linie Lotnicze LOT S.A. (LOT Airlines) for the export of a fleet of Boeing 787 Dreamliner aircraft to Poland. Apple Bank for Savings of New York extended the loan.

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Pilots, Pinnacle Airlines Close In On Labor Agreement

Court Issues Section 1113 Decision Regarding Pilot Cost Savings

Pinnacle Airlines said late last week that, in accordance with Section 1113 of the United States Bankruptcy Code, the United States Bankruptcy Court for the Southern District of New York has issued a ruling providing Pinnacle Airlines and the Air Line Pilots Association (ALPA), the legal representative of the Pinnacle Airlines pilot group, a clear path to a consensual agreement.

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Spirit AeroSystems President And CEO To Step Down Next Year

Jeffery Turner Plans To Retire In Early 2013

Jeffrey L. Turner, The President and Chief Executive Officer of Spirit AeroSystems, has advised the company's Board of his intention to retire in early 2013, after the Board has had an opportunity to conduct a search for and hire a new CEO. Turner will continue to serve as President and CEO until his successor takes office.

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