The Week in brief
Air Lease Corp. (ALC) has finalized its order for 14 Next-Generation 737-800s. Steven F. Udvar-Hazy, chairman and CEO of ALC, points to the multiple benefits of this merger. “This order for Next-Generation 737-800s and 777-300ERs is a key building block in the foundation of our growing commercial leasing fleet,” he said in a statement. “With this order, we’ll be able to offer our clients a most economical, fuel-efficient and versatile airplane, suitable for a variety of profitable missions.” ALC and Boeing’s agreement also includes the option for the purchase for four additional 737-800s and five more 777-300ERs.
Pooling solutions provider Brambles announces that it has acquired JMI Aerospace. To Unitpool CEO David Harman, it’s a procurement will boost Brambles’ aviation service offerings tremendously. “The addition of JMI to the group will allow us to optimize our repair costs and controls and offer a more complete solution for the management, tracking and repair of ULDs and other non-flight-critical aircraft equipment,” Harman said in a statement. The merger comes on the heels of Brambles’ acquisition of Unitpool last year.
Officials at the Air Transport Association of America have applauded the decision of the U.S. Departments of Agriculture and Energy and the Navy to invest up to $510 million over three years in a public-private partnership to create biofuels for sea and air transportation. To ATA President and CEO Nicholas Calio, it’s a program that speaks volumes about the U.S. government’s commitment to sustainability and progress. “This initiative is crucial to help turn the promise of advanced aviation biofuels into reality, enhancing America’s energy security and reducing greenhouse gas emissions while creating jobs,” he said in a statement. “We already know how to produce and safely fly aviation biofuels, so the government investment will help clear the last hurdle and make the fuels commercially viable.” According to the ATA, the initiative is part of the U.S. government’s plan for decreasing Americans’ oil dependency.
BTX Air Express announced that it has relocated to a sprawling new facility, offering 35,000 square feet of warehousing and 7,000 square feet of office space. The Chicago-based facility also features an advanced security system and is equipped to handle the multifaceted needs of BTX’s logistics clients. Rich Coyne, BTX’s managing director, points to the multiple benefits of this expansion. “We continue to provide our customers with what they require,” he said in a statement. “By moving into our new facility, we have the ability to do just about anything our customers throw at us,” he said in a statement.
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