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Global

ATR Enters the Libyan Market with a Contract for 2 ATR 42-500s

News Desk Oct 6, 2009 0

Tripoli, ATR and Libya’s flag carrier Libyan Airlines today signed a contract for the purchase of 2 ATR 42-500s, which will become the first ATR aircraft to be operated in the country. The deal, valued at some US $ 35 million, has been inked on the occasionof the LAVEX Air show, which is currently underway in Tripoli.

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Global

Afriqiyah Airways takes delivery of first Airbus A330

News Desk Aug 12, 2009 0

Afriqiyah Airways has taken delivery of their first Airbus A330-200 aircraft, becoming a new operator of this aircraft type. The new A330 will seat 230 passengers in a two-class cabin and will serve long-haul operations on routes from Tripoli to Africa and Europe.

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Global

Cessna Placing First Medevac Sovereigns with Egypt’s Smart Aviation

News Desk Jun 22, 2009 0

Wichita, Kan., Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today Egypt's Smart Aviation will take delivery this year of the first two Citation Sovereigns certified for medical evacuation (medevac) with a dual-patient system from LifePort. The two medevac Sovereigns are part of a six-aircraft order from Smart.

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Global

CFM Provides Abu Dhabi Aircraft Technologies and SR Technics with Engine Overhaul Support & Material

News Desk Jun 18, 2009 0

Le Bourget, France, CFM International will support the strategic agreement between Mubadala Development Company and GE Aviation announced June 17, 2009 at the Paris Air Show with engine overhaul support and material supply agreements.

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Global

Abu Dhabi to Start Composite Aerostructure Manufacturing in 2010

News Desk Jun 15, 2009 0

Abu Dhabi, Mubadala Development Company (Mubadala), the development and investment company, today announced that construction of its Abu Dhabi Composites plant will start within two weeks and that the plant will be operational next year.

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Global

Aircelle and Air France Industries Join Forces to Offer Engine Nacelle Repair and Overhaul Services

News Desk Jun 15, 2009 0

Paris, A new joint venture for the repair and overhaul of jet engine nacelles in the Middle East region has been created by Air France Industries and Aircelle, SAFRAN Group. This 50/50 joint venture is to be based at Dubai’s Jebel Ali Free Zone in the United Arab Emirates.

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Facilities Finance/Lease Global

GE & Mubadala Sign Commercial Finance Joint Venture (JV) Agreement

News Desk May 13, 2009 0

Abu Dhabi, - General Electric (NYSE: GE) and Mubadala Development Company today announced the signing of their commercial finance joint venture agreement and establishment of a regional training center for next-generation business leaders, demonstrating significant progress on key aspects of a broader strategic partnership forged by the companies last year.

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