FAA and AAR Landing Gear Services Enter Into Consent Order That Terminates FAA Emergency Suspension

February 16, 2009

WOOD DALE, Ill., Feb. 15 /PRNewswire-FirstCall/ — AAR CORP. (NYSE: AIR) announced today that AAR Landing Gear Services and the Federal Aviation Administration (FAA) have entered into a Consent Order that terminates the FAA’s Emergency Order of Suspension. The FAA issued its Order on February 10, 2009, and AAR immediately filed a petition for review before the National Transportation Safety Board on February 12, 2009. Under the terms of this Consent Order, the parties agreed to “resolve all matters relating to the Order and Petition, and to devote their respective resources to an expeditious and orderly restoration of AAR Landing Gear Services’ authority to operate its repair station certificate.” The parties envision reinstatement of AAR Landing Gear Services’ repair station certificate with full operations “no later than February 20, 2009.”

“We’re very pleased to have worked this matter out quickly and cooperatively, with minimum inconvenience to our customers and employees,” said David P. Storch, Chairman and Chief Executive Officer of AAR CORP. “We greatly appreciate the FAA’s expeditious review of our corrective actions and their willingness to devote priority resources to revalidate our continued safe and compliant operations.”

Representatives of AAR and the FAA met this week at the FAA’s Southern Region office in Atlanta, Georgia and reached agreement on the consent order. As part of the order, the FAA’s Emergency Order of Suspension was terminated and AAR Landing Gear Services agreed to a variety of revisions to its maintenance procedures and manuals, enhanced training, and revised “shop travelers” documenting maintenance performed.

AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Aircraft Sales and Leasing.

Martinair Cargo launches new service to Sao Paulo

February 16, 2009

Martinair will launch twice-weekly, MD 11 freighter service between Amsterdam and Sao Paulo beginning on March 2. In addition to Sao Paulo, Martinair Cargo services the top cargo destinations in South America; Santiago-three times weekly, Buenos Aires-four times weekly. Lima-two times weekly, Quito-nine times weekly and Bogota-seven times weekly.

David Neeleman announces expansion plans for Azul in Brazil

February 16, 2009

On February 10, the Brazilian-born founder and chairman of Brazil’s Azul, David Neeleman outlined the airline’s expansion plans which include doubling its domestic network to 10 destinations with its current fleet of seven ERJ 190s. New destinations include Salvadror, Recife, Manaos, Navegantes , Rio de Janeiro and Fortaleza from its base in Campinas. The airline’s fleet will grow to 15 ERJs by June.

Dassault Aircraft Services – Little Rock Completes Expansion Project

February 13, 2009

(Little Rock, AR, February 13, 2009) – Dassault Aircraft Services (DAS) – Little Rock
recently completed an expansion project that doubled the service space to 110,000 square
feet at its Adams Field (LIT) facility. DAS-Little Rock can now service up to 15 Falcons
simultaneously with over 100 experienced Dassault Falcon trained maintenance
technicians on-site.
“Now more than ever our customers’ airplanes need to be ready to go at a moment’s
notice. Being prepared to service any Falcon under any situation is paramount,” said
Jack Young, President of Dassault Aircraft Services. “Even in these difficult times, our
factory owned service center network continues to grow so we can help our operators
stay competitive in their marketplace.”
DAS-Little Rock is a full Maintenance Repair and Overhaul facility offering line
maintenance up through heavy ‘C’ checks on all Falcon models. It also includes an AOG
‘Go Team’ to provide mobile response directly to an aircraft location anywhere in United
States with the parts and tools necessary to get a Falcon flying with minimal delay.
The $10 million project broke ground in the third quarter of 2007 and was completed at
the end of December 2008. In addition to the new hangar, ‘back shop’ capacity also
increased. The back shops handle light refurbishments of aircraft interiors and structures,
a task that was previously handled by the Completion Center. A new 65,000 square foot
paint hangar to serve both aircraft completions and modifications was opened in
September of 2008
Factory Owned Service Center Capacity Increases
Factory Owned Service Center capacity has increased dramatically over the past six
months and will continue to grow. In August 2008, plans were revealed for a new service
center at Sorocaba Airport in Sao Paulo, Brazil and plans were revealed for a new service
center in Reno, Nevada the following month. Dassault Aircraft Services – Le Bourget
recently completed a 50,000 square foot expansion.
The Dassault Falcon service network consists of 28 worldwide maintenance centers
including three company owned facilities in Little Rock, Arkansas; Wilmington,
Delaware and Le Bourget (Paris), France with two more under construction in Reno,
Nevada and Sao Paulo, Brazil. In addition, Dassault distributes Falcon spare parts from
nine distribution centers strategically placed around the world.

Copa Airlines Takes Delivery of New Boeing 737 Next Generation Aircraft

February 13, 2009

PANAMA CITY, Feb. 13 /PRNewswire-FirstCall/ — Copa Airlines, subsidiary of Copa Holdings S.A. (NYSE: CPA), has added a new Boeing 737-800 Next Generation aircraft to its fleet, one of the youngest in the industry, with an average age of 4.3 years.

“This aircraft delivery is a reflection of Copa Airlines’ continued growth and helps strengthen our leadership position in Latin American aviation with a product that is both attractive to our passengers and extremely efficient for our business,” said Pedro Heilbron, CEO of Copa Airlines.

The high-tech Boeing Next Generation aircraft are designed for performance and reliability. In addition, all Copa aircraft are equipped with environmentally friendly features such as winglets that help reduce airport noise, fuel consumption and greenhouse gases.

The comfortable Boeing 737-800 aircraft has a spacious interior, large overhead baggage compartments, seats with adjustable headrests and a 12-channel audio-visual entertainment system. It seats 160 passengers — 16 in Business Class (Clase Ejecutiva), and 144 in the main cabin.

The aircraft acquisition is part of Copa Airlines’ expansion plan. Copa now has a total of 43 of the most modern and efficient aircraft available on the market.

About Copa Holdings, S.A.

Copa Holdings, through its Copa Airlines and Aero Republica operating subsidiaries, is a leading Latin American provider of passenger and cargo service. Copa Airlines currently offers 144 daily scheduled flights to 45 destinations in 24 countries in North, Central and South America and the Caribbean through its Hub of the Americas based in Panama City, Panama. In addition, Copa Airlines provides passengers with access to flights to more than 120 other international destinations through codeshare agreements with Continental Airlines and other airlines. From the U.S., Copa offers nonstop service to Panama 20 times a week from Miami; daily from New York City (JFK) and Los Angeles; five times a week from Washington, D.C. (Dulles); and 13 times a week from Orlando. Aero Republica, the second-largest air carrier in Colombia, provides service to 12 cities in Colombia as well as international connectivity with Copa Airlines’ Hub of the Americas through daily flights from Bogota, Bucaramanga, Cali, Cartagena, Medellin and Pereira. Additionally, in May 2008, Aero Republica increased international service by launching direct daily flights to Caracas, Venezuela, from the cities of Bogota and Medellin. For more information, visit www.copaair.com.

CAE begins pilot training at Bangalore training centre

February 13, 2009

BANGALORE, INDIA–(Marketwire – Feb. 12, 2009) – (NYSE:CGT)(TSX:CAE) – CAE announced at Aero India that it has begun pilot training at its India-based training centre in Bangalore where Airbus A320 and Boeing 737 Level D full-flight simulators are now fully operational and certified by India’s Directorate General of Civil Aviation (DGCA). The six-bay centre is located close to the newly-opened Bangalore International Airport at Devanahalli. While training has started in the simulator bay area, construction on the remainder of the centre is currently being completed.

CAE’s training centre is the first independent training centre in India. Its customers include Indian-based airlines Kingfisher Airlines, Indigo and Spicejet. New customers including commercial pilots of the Indian Air Force as well as Go Air have also started training at the centre.

“CAE is proud to support the growth of the Indian aviation market with a centre in the Bangalore hub,” said Jeff Roberts, CAE’s Group President, Innovation and Civil Training & Services. “Our Bangalore training centre demonstrates our commitment to provide training solutions worldwide, close to our customers’ base of operations. India is home to one of the fastest growing civil aviation industries in the world. CAE will continue to expand its presence to meet its customers’ demands, offering best-in-class simulation-based training.”

CAE’s Bangalore training centre is part of the CAE-Airbus cooperation. Initially, approximately 1,000 pilots will train per year at the centre. Additional simulators will be added over the next three years to increase capacity as needed. Experienced pilots and new graduates from the CAE Global Academy as well as pilot training academies in India will be able to train at the centre for their type-rating.

In addition to the Bangalore training centre, CAE now provides pilot training in two national flight academies. CAE is the managing partner of the Indian government’s flight training academy, Indira Gandhi Rashtriya Uran Akademi (IGRUA). CAE also has a joint venture with the Airport Authority of India (AAI) for the National Flying Training Institute (NFTI) which is currently training its first classes of cadets.

CAE’s expansion in India will help address the shortage of pilots in the region. Indian carriers have approximately 420 aircraft currently in active service and have ordered an estimated additional 380 aircraft to be delivered over the next five years-generating the need for more than 800 new pilots per year.

Detroit CEOs Learn a Lesson about Efficiency Courtesy of Beechcraft

February 13, 2009

Company highlights sensible alternative for today’s business travel
WICHITA, Kan. (Feb. 11, 2009) – If the three Detroit CEOs had arrived in Washington in the Beechcraft King Air 350, they might have received a warmer reception from their legislative hosts. Hawker Beechcraft Corporation’s (HBC) latest advertising campaign addresses the recent political and media frenzy surrounding business aviation with a sensible alternative that will win over even the staunchest critic – the King Air 350 – the world’s greenest and highly efficient aircraft.

The aviation industry came under scrutiny when the Detroit CEOs testified before Congress and the focus shifted to their use of large business jets to travel to Washington. In comparison to the Gulfstream one of the CEOs was spotted in, the King Air 350 would have arrived in D.C. roughly 15 minutes later, yet saved approximately 220 gallons of fuel and thousands of dollars in operating costs.

“We are having a little fun with the Detroit CEOs in this advertisement,” said Charles Mayer, vice president of Marketing. “More importantly, this is an opportunity to show a sensible way for this type of business travel and the value of the aircraft manufacturing industry. Our industry not only offers valuable business tools that dramatically increase efficiency, it also contributes $150 billion annually to the U.S. economy and employs more than one million Americans.”

With best-in-class fuel efficiency and a lower operating cost per seat-mile than any light jet, the King Air 350 is one of the greenest aircraft in the sky. It also boasts the largest cabin in its category, designed for comfort and flexibility. Combine this with Beechcraft value, quality and reliability, and the King Air 350 is clearly the best deal in town – all good news to the folks in D.C. and to companies looking for a way to travel efficiently and economically.

Hawker Beechcraft Corporation is a world-leading manufacturer of business, special mission and trainer aircraft – designing, marketing and supporting aviation products and services for businesses, governments and individuals worldwide. The company’s headquarters and major facilities are located in Wichita, Kan., with operations in Salina, Kan.; Little Rock, Ark.; Chester, England, U.K.; and Chihuahua, Mexico. The company leads the industry with the largest number of factory-owned service centers and a global network of more than 100 factory-owned and authorized service centers.

hawker-beechcraft-350-congress-ad

AgustaWestland And Tata Sons Sign MoU For AW119 Helicopter Final Assembly In India

February 13, 2009

AgustaWestland, a Finmeccanica company, and Tata Sons are pleased to announce the signature of a Memorandum of Understanding (MoU) for the formation of an Indian joint venture company which will establish a final assembly line for the AW119 helicopter in India. The agreement was signed at the Aero India air show today by Mr. Giuseppe Orsi, CEO, AgustaWestland and Mr. Ratan Tata, Chairman, Tata Sons. The joint venture company will be responsible for AW119 final assembly, completion and delivery to customers worldwide while AgustaWestland will retain responsibility for worldwide marketing and sales. The first aircraft is scheduled to be delivered from the new facility in 2011 with production forecast to rise to 30 aircraft per year to meet worldwide demand.
Mr. Giuseppe Orsi, CEO, AgustaWestland speaking after the signing ceremony said “We are proud to have achieved this important agreement with such an important and strong industrial partner in India. Establishing an AW119 final assembly line in India will allow us to meet the growing demand in the world market for a modern single engine helicopter and to further expand our presence in India where we see strong future business opportunities.” He added, “AgustaWestland is also committed to offering the best and most cost effective solution for the Indian Armed Forces’ Reconnaissance and Surveillance Helicopter requirement. We will also work together with other partners in India to best serve the needs of the Indian market.”
It is envisaged that the joint venture company would be a supplier for the current Reconnaissance and Surveillance Helicopter (RSH) programme of the Indian Armed Forces, for which AgustaWestland has already proposed the AW119 to be manufactured in India. Additionally, AgustaWestland and Tata companies plan to explore additional commercial opportunities in India for AgustaWestland helicopters and the subsequent industrial co-operation.
Tata is a rapidly growing business group based in India with significant international operations. Revenues in 2007-08 are estimated at $62.5 billion (around Rs251,543 crore), of which 61 per cent is from business outside India. The group employs around 350,000 people worldwide. The Tata name has been respected in India for 140 years for its adherence to strong values and business ethics. The business operations of the Tata group currently encompass seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals.
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Standing from left to Right in the attached picture:
Ambassador of Italy to India – RobertoTuscano
Ambassador of UK to India – Sir Richard Stagg
AgustaWestland CEO – Giuseppe Orsi
TATA Sons, Chairman – Ratan Tata
Italian Under Secretary of Defence – Hon. Guido Crosetto
Italian DNA Generale  CA – Aldo Cinelli

Cessna Announces “No Worries” Pre-Owned Citation Sales Program

February 13, 2009

Cessna Announces “No Worries” Pre-Owned Citation Sales Program

WICHITA, Kan., Feb. XX, 2009 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today the “No Worries” pre-owned Citation sales program for U.S. and international retail customers.

Customers who purchase an eligible pre-owned Citation from Cessna through July 2 will have an option that provides a guaranteed repurchase or trade-in price. The aircraft will also be enrolled in Cessna’s top-rated customer support system with access to the company’s global network of company-owned or company-authorized service and support centers.

“This is an excellent opportunity for our customers to acquire an aircraft to meet their immediate needs and provide them peace of mind about the future value of their acquisition,” said John Newton, Cessna vice president of Citation Used Aircraft. “Cessnas have always held exceptional value in the marketplace, but with this opportunity, a customer gets the benefit of increased productivity that comes with a business jet and ‘No Worries’ about its value.”

CAE awarded C$ 329.5 million contract by Government of Canada for C-130J aircrew training

February 13, 2009

– Program will create and sustain approximately 330 jobs for the first three years and 50 jobs for the next 20 years throughout Canada

MONTREAL, QUEBEC–(Marketwire – Feb. 13, 2009) – (TSX:CAE)(NYSE:CGT) – CAE today announced that the Government of Canada has awarded CAE a contract valued at approximately C$ 329.5 million for a comprehensive C-130J aircrew training equipment and services solution. CAE leads a pan-Canadian team that includes xwave, St. Johns, Newfoundland; Bombardier, Saint-Laurent, Quebec; Atlantis Systems International, Brampton, Ontario; and Cascade Aerospace, Abbotsford, British-Columbia.

Under the program called the Operational Training Systems Provider (OTSP), CAE won a competitive procurement to serve as the prime contractor to provide the training systems and services for Canada’s tactical airlift, medium-to-heavy helicopter, and potentially other aircraft fleets.

The contract announced today, in support of Canada’s new fleet of 17 C-130J Hercules tactical airlift aircraft, is the first contract under the OTSP. The C-130J program will create and sustain approximately 330 jobs for the first three years and 50 jobs for the next 20 years throughout Canada.

“We are proud to lead the overall design and development of a Canadian training solution for the C-130J. This will play a key role in preparing our Canadian Forces to be mission ready,” said Robert E. Brown, CAE’s President and CEO. “By leveraging the capabilities of CAE and other leading Canadian companies, we are benefiting many provinces across Canada while also positioning CAE for future international training systems integrator opportunities.”

“CAE is a Canadian success story, its leadership in simulation and training is widely recognized around the world. This contract is another prime example of the world-class capability that can be found throughout Canada’s aerospace and defence sector,” said Stephen Harper, Prime Minister of Canada. “Our acquisition of tactical airlift aircraft is providing direct industrial regional benefits and generating employment throughout the country. This project is the first step to establishing a world-class training organization which will significantly contribute to the safety and operational effectiveness of our troops as well as continue to develop our expertise in Canada.”

The contract related to C-130J training systems and services is divided into two phases. First, during the acquisition phase over the next three years, CAE will lead the design and development of a C-130J training suite. It will include two full-mission simulators (FMS), one flight training device (FTD), three CAE Simfinity integrated procedures trainers (IPT), one fuselage trainer (FuT), laptop-based CAE Simfinity virtual simulators (VSIM), courseware, tactical control centre, training information management system and related information technology equipment. Canada’s Department of National Defence (DND) will lead the design and construction of a new Tactical Airlift Training Centre in Trenton, Ontario.

Following delivery of the C-130J training suite in the first half of 2012, phase two of the contract will commence with CAE leading the in-service support for the C-130J aircrew training program. During the 20-year in-service support phase, CAE will be responsible for providing a range of training support services, including simulator upgrades, training device maintenance as well as hardware and software engineering support. In addition, CAE staff onsite in Trenton will provide services such as courseware updates, scheduling, obsolescence management, and database modelling and generation for common databases (CDB).

CAE will subcontract work to each company of its team, including the development of the training information management system and related information technology equipment to xwave, the courseware development to Bombardier; the design and manufacture of the C-130J FTD to Atlantis and the design and manufacture of the C130J FuT to Cascade.

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.4 billion, CAE employs approximately 7,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE’s professional services division, we assist customers with a wide range of simulation-based needs.

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