Aircraft Supplier & MRO News

AirGuide Business, July 21, 2008

7/21/2008

AirTran Airways

AirTran Airways has signed an exclusive agreement with JET Aircraft Maintenance Inc. to provide engine wash services, which the low-fare carrier says will help improve operating costs by saving on fuel. JET Aircraft Maintenance is a designated service provider of Pratt & Whitney Global Service Partners EcoPower engine wash services. AirTran will use EcoPower on its fleet of 143 aircraft. Over time, AirTran expects the agreement to save about one million gallons of fuel annually because EcoPower washes reduce fuel burn by as much as 1.2 percent. This, the company said, will accrue to the bottom line at a time of soaring fuel prices. 7/16/2008

Lufthansa Technik, Aer Lingus, Airbus

Lufthansa Technik signed a 10-year deal with Aer Lingus to provide component support for 34 Airbus A320s and nine A330s. Contract volume likely will exceed [euro]90 million ($143 million). Services will be coordinated by an LHT representative in Dublin and launch Nov. 1. 7/16/2008

VSMPO-AVISMA, Airbus, EADS

Russia's VSMPO-AVISMA, Airbus and EADS reached a long-term agreement for the supply of titanium including round and flat mill products and die forging parts for current Airbus aircraft as well as new programs such as the A350-XWB. Contract extends to 2020 and has value potential estimated at $4 billion. 7/16/2008

According to Bromberg, about half of the 1,000 -3 overhauls performed each year are transactional, meaning that the operator doesn't have long-term contracts in place covering the overhaul. Instead, an operator will have master service agreements with a handful of overhaul providers and about six months before a planned overhaul will go to those providers looking for availability. It is for those overhauls that Bromberg says he believes there is an opportunity for Pratt to supply the LLPs and PMA hot section parts it has been working more than two years to develop. 7/15/2008

Airbus, EADS, Mubadala

Abu Dhabi's Mubadala Development, an investment agency for the government of the world's fifth-largest oil producer, signed deals with Airbus parent EADS and engine maker Rolls Royce on Tuesday as the emirate dominated the world's largest air show. Abu Dhabi-based Etihad Airways ordered planes worth USD$20 billion from Airbus and Boeing on Monday, highlighting a shift in economic power towards the Gulf as western carriers shunned Farnborough due to high oil prices. 7/15/2008

Airbus, EADS, Mubadala

European aerospace group EADS signed a supplier deal that will see lightweight composite aerostructures designed, developed and built in Abu Dhabi. EADS plans to work with Mubadala at its planned composites plant, due to start operations in 2010, to make the facility a key supplier for the next generation of commercial jets. The site would initially provide some parts for planes including the widebody Airbus A350 - 53 percent composite - and the A380 superjumbo - 25 percent composite. The cooperation is expected to generate over USD$1 billion in sales for Mubadala Aerospace over 10 years, the companies said. 7/15/2008

China Southern Airlines, Airbus, GE Aviation

China Southern Airlines ordered 20 A320s from Airbus to be powered by GE Aviation CFM56-5B engines and opted for a long-term material services agreement. Deliveries will run from 2009 to 2011. None of the parties released the value of the deal, but engine list prices suggest a tab of at least $240 million. 7/15/2008

Dubai Aerospace, Airbus, GE Aviation

Dubai Aerospace Enterprise, the state-owned aircraft leasing, confirmed Tuesday a firm order for 100 Airbus planes worth US$12.6 billion (EUR7.88 billion) at list prices. DAE Capital's order for 30 wide-bodied A350-900 and 70 single aisle A320s follows a memorandum of understanding signed at the Dubai air show in November 2007. 7/15/2008

Etihad Airways, GE Aviation, Boeing

GE Aviation said Monday that it had booked almost $1.9 billion in new orders, at Farnborough Air Show, directly and through its partnerships. Etihad Airways, the national carrier of the United Arab Emirates, ordered 10 Boeing 777s to be delivered in 2011 - all to be equipped with GE-90 engines worth $500 million. 7/15/2008

FlyDubai, Boeing, GE Aviation

FlyDubai, a low-cost carrier, placed a $700 million order for GE Aviation CFM56-7B engines to power 50 Boeing 737-800 and 737-900 jets. The government-owned startup airline will take delivery of aircraft in 2009 - when it begins operations - through 2016. 7/15/2008

GE Aviation, Singapore Technologies

GE Aviation and Singapore Technologies Aerospace announced a 10-year comprehensive materials agreement for $1.5 billion. The pact provides the maintenance, repair and overhaul provider with parts and support services for CFM56-3, CFM56-5B and CFM56-7B engines. 7/15/2008

GE Aviation, Snecma

GE Aviation said it had renewed its 50-50 CFM International partnership with France's Snecma until 2040, CFM announced four deals worth more than $2.7 billion of new business. 7/15/2008

Goodrich, Continental Airlines, Boeing

Goodrich extended its landing gear overhaul agreement with Continental Airlines to cover Boeing 737NG, 767 and 777 aircraft in addition to the 757-200s and 737s already under contract. Addendum is expected to generate $49 million in revenue over five years. Work will take place in Opa-Locka, Fla. 7/15/2008