September 1, 2015

FedEx Looks to Fleet Renewal, Avionics Modernization

Juliet Van Wagenen

[Avionics Today 09-01-2015] Cargo airline FedEx Express, which operates the world’s fourth largest fleet, has its eyes on major fleet modernization initiatives to introduce newer, more operationally efficient aircraft into the fleet. Earlier this summer, the Memphis, Tenn.-based airline announced the purchase of 50 Boeing 767-300F aircraft scheduled for delivery between 2018 and 2023 to the tune of nearly $10 billion at list prices — the largest order for the 767 to date. The purchase...

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  • GE Completes US Fleet Services Transfer to Element Financial

    September 1, 2015 | [Avionics Today 09-01-2015] GE has completed the sale of its U.S. fleet services business to Element Financial Corporation in a transaction valued at approximately $5 billion. Also, GE’s sale of its Mexican, Australian and New Zealand fleet businesses to Element...

  • Airline Interest in Reducing Operating Costs Spurs Global MRO Market

    September 1, 2015 | Maintenance technicians working on an aircraft. Photo: Southwest Airlines [Avionics Today 09-01-2015] The global narrow-body aircraft Maintenance, Repair and Overhaul (MRO) market is expected to grow at a Compound Annual Growth Rate (CAGR) of almost 4 percent...

  • Five Big Aviation Technology Acquisitions You Might Have Missed

    August 31, 2015 | 2015 has been a huge year in terms of acquisitions, consolidations and mergers across various segments of the global aviation industry. Several of these acquisitions will have a major impact on the aircraft connectivity market, airspace modernization projects...

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  • Play the Avionics News Quiz of Aug. 28

    August 28, 2015 | While China’s market is taking a hit, aviation is alive and well! Connectivity is making waves with Gogo set to launch aircraft testing of its 2Ku solution and Delta’s latest flight attendant app taking to the skies, not to mention that the...

  • AirCom Pacific Gains Momentum in IFEC Regional Business

    August 28, 2015 | Hong Kong Airlines signed an agreement earlier this summer at the Paris Air Show with AirCom Pacific to install IFEC systems on-board Hong Kong Airlines aircraft. Photo: Aero Icarus (Wikimedia) [Avionics Magazine 08-28-2015] AirCom Pacific, a new In-Flight...

  • Star Navigation, Spaceon Strike Agreement for Aircraft Tracking Solution

    August 28, 2015 | [Avionics Today 08-28-2015] Star Navigation Systems and Chengdu Spaceon Technology have struck a formal Cooperation Agreement (CA) to work on a joint tracking product. The formal agreement follows a preliminary framework agreement the parties entered into in...

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