Tag: agreement

Japan Airlines Extends Expendables Contract With Boeing For 10 Years

Reading Time: < 1 minute Japan Airlines extended its parts inventory agreement with Boeing for another 10 years—through 2026. The GoldCare Expendables contract covers 125,000 parts across four aircraft types: the Boeing 737NG, 787, 777 and 767. Neither company disclosed the contract’s value. GoldCare Expendables previously was called Integrated Material Management. “Boeing is pleased to continue our long-standing partnership with […]

Austrian Airlines Introduces New Career Model for Pilots

Reading Time: 2 minutes A new career model has been introduced for the approx. 1,000 pilots working for Austrian Airlines. The accord was signed by the company, the Works Council for the flight crew, the trade union and the Austrian Federal Economic Chamber within the context of a reform of the collective agreement. The new collective agreement (“KV”) takes […]

Embraer Signs Sales Agreement with Colorful Guizhou Airlines

Reading Time: 2 minutes Embraer announced that it has signed an agreement for up to five E190s with Colorful Guizhou Airlines, including two firm orders and three purchase rights. The firm order will be included in Embraer’s 2016 third-quarter backlog. The contract has an estimated value of USD 249 million at the current list price, if all purchase rights […]

Cessna Signs an Agreement with Pan Am International Flight Academy

Reading Time: < 1 minute Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. company, announced during the Asia Pacific Airline Training Symposium (APATS), that it has signed a multi-year agreement with Pan Am International Flight Academy. The agreement provides that Pan Am will purchase new, non-complex, single engine aircraft, which includes the Cessna Skyhawk 172, exclusively […]

Aerolease Aviation to Purchase up to 20 MRJ Aircraft

Reading Time: < 1 minute Mitsubishi Aircraft Corporation and Aerolease Aviation, LLC, an aircraft leasing company based in the United States, announced that they have signed a definitive agreement for the purchase of ten firm MRJ90 aircraft with an option to an additional ten MRJ90 aircraft. Mitsubishi Aircraft and Aerolease Aviation signed an LOI (Letter of Intent) at the Singapore […]

Southwest Airlines And Pilot Union Reach Tentative Agreement

Reading Time: < 1 minute Southwest Airlines Co. announced that it has reached a tentative agreement (TA) on the terms of a new contract for its Pilots. “We appreciate our Pilots and recognize their role in the Company’s success,” said Executive Vice President and Chief Operating Officer Mike Van de Ven. “With the support and assistance of the NMB, the […]

American Airlines to Increase Payment for 30,000 Ground Employees

Reading Time: 2 minutes American Airlines (Nasdaq:AAL) and the TWU-IAM Association announced they have reached an interim agreement to provide significant pay increases to the 30,000 maintenance, fleet service and other related employees represented by the TWU-IAM Association. The pay increases will go into place immediately while the negotiating committees continue working toward a joint collective bargaining agreement for […]

Allegiant Places Order for 12 Airbus A320ceo Aircraft

Reading Time: < 1 minute Las Vegas, Nevada-based Allegiant Travel Company has signed a purchase agreement for 12 Airbus A320ceo (current engine option) aircraft. This deal marks the first time the low-cost airline has purchased new aircraft from any manufacturer. Each will be powered by CFM56 engines from CFM International. The company’s current fleet plan is focused on a transition […]

JetBlue Orders 30 Additional A321 Aircraft

Reading Time: 2 minutes New York-based JetBlue Airways has amended its purchase agreement with Airbus to include an additional 15 Airbus A321ceo (current engine option) and 15 A321neo (new engine option) aircraft. The airline, which already operates A321s, has not yet announced its engine selection for the newly ordered aircraft. Beginning in 2019, JetBlue has the flexibility to configure […]

Pratt & Whitney and Lufthansa Technik Sign Strategic Agreement

Reading Time: < 1 minute Pratt & Whitney, a United Technologies Corp. company, and Lufthansa Technik, a global leader in aircraft engine maintenance, repair and overhaul (MRO), together announced that Lufthansa Technik has signed a strategic network agreement to become a key member of the Pratt & Whitney Geared Turbofan (GTF) engine MRO network offering the full scope of MRO […]