TAM Airlines

October 1, 2012 - 4:30am

Riding a Brazilian economy that continues to grow, fractional ownership and aircraft management company Avantto is finding a ready market and looks forward to more of the same.

In less than two years, with the backing of Brazilian asset management and private equity firm Rio Bravo, Avantto has signed more than 350 customers and assembled a fleet of 24 jets and 23 helicopters.

According to founder and president Rogèrio Andrade, Avantto’s fractional business model fits the needs of the country’s expanding economy and growing dependence on aviation.

August 17, 2012 - 10:25am

TAM Aviação Executiva announced its intention to open a new maintenance and sales center early next year in Aracati, in northeast Brazil. The facility will be capable of handing as many as 50 aircraft simultaneously.

July 16, 2012 - 1:20pm
A330-300

Airbus collected some $16.9 billion worth of business during last week’s Farnborough airshow, gaining firm orders for 54 airplanes and MOUs for another 61.

July 11, 2012 - 5:10pm
Farnborough 2012

CIT Aerospace, which provides finance for commercial- and corporate-aircraft operators, manufacturers, and suppliers, yesterday signed a firm purchase agreement covering

10 Airbus A330-200s and -300s nominally valued at $2.31 billion and scheduled to enter service from 2014. The deal includes five unannounced orders placed earlier this year in conjunction with conversion of a purchase option and cancellation of four A320-series aircraft.

July 10, 2012 - 12:40pm

Pratt & Whitney had a strong start at the Farnborough International airshow Monday, when its PW1100G geared turbofan engines were selected by two budget Asian carriers–India’s IndiGo and Cebu Pacific Air of the Philippines–to power the Airbus A320neo family aircraft they have on order. Indigo’s deal represents one of the largest orders in U.S. engine maker’s history, said the OEM.

July 10, 2012 - 12:40pm

Pratt & Whitney had a strong start at the Farnborough International airshow Monday, when its PW1100G geared turbofan engines were selected by two budget Asian carriers–India’s IndiGo and Cebu Pacific Air of the Philippines–to power the Airbus A320neo family aircraft they have on order. Indigo’s deal represents one of the largest orders in U.S. engine maker’s history, said the OEM.

July 2, 2012 - 11:38am
Airbus A320 plant in Mobile, Alabama

Airbus plans to start building a new A320-family assembly plant in Mobile, Ala., next summer, the European airframer confirmed today, marking yet another expansion of its narrowbody production ambitions. Scheduled for completion at the beginning of 2016, the plant will produce between 40 and 50 A319s, A320s and A321s annually and employ 1,000, estimates Airbus.

April 25, 2012 - 3:32pm

CAE has begun construction of a second training center in São Paulo, Brazil. It is near the city’s São Paulo Congonhas downtown airport and slated to enter service later this summer or early fall.

The current CAE training center at Guarulhos International Airport recently expanded its roster of simulator bays to 10 from six and offers training for the A320, A330, A340, 737NG and 777. CAE also recently introduced Sikorsky S-76 training.

November 12, 2011 - 9:00am
Airbus A350XWB

Since the Boeing 787 entered service last month, the spotlight has turned toward Airbus, which is working hard on the competing A350XWB.

November 7, 2011 - 9:40am
Principals of LAN, TAM merger pose for photograph.

Chile’s LAN Airlines S.A. and TAM S.A. of Brazil continue preparations for their planned merger to create Latin America’s leading operator and one of the world’s largest airlines, while at the same time appealing conditions imposed by Chile’s antitrust court.

 
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