Asia-Pacific Aerospace Briefs Today
May 31st 2024
Today's briefs report news from FTAI Aviation Ltd., Lockheed Martin Commercial Engine Solutions, ATR, FLY91, Air New Zealand, Cairo Airport Company, Shanghai International Airport and Collins Aerospace. Read More »
FTAI Aviation Ltd has agreed to purchase Lockheed Martin Commercial Engine Solutions (LMCES) from Lockheed Martin Canada for $170 million. The acquisition is subject to regulatory approval and is anticipated to close in the second half of the year.
ATR and FLY91 have signed a Global Maintenance Agreement. Under the agreement, ATR will provide repair, overhaul and pooling services of Line Replaceable Units, propeller availability, repair services and engineering and on-site support for FLY91’s ATRs. Initially covering two ATR 72-600s, the by-the-hour contract is set at five years with a clear path from FLY91 to increase its ATR fleet, within the same timeframe, to 30 aircraft.
Cairo Airport Company and Shanghai International Airport inked a deal at this week’s ITB China to partner on food, duty-free stores and other areas.
Collins Aerospace has launched its economy seat, Helix, for the single aisle aircraft. It is designed to reduce weight but preserve passenger comfort.
