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NEWS IN BRIEF
AMADEUS, a leading technology partner
for the global travel industry, says it has
maintained its top-sector ranking as one
of the leading companies in Europe for
investment in research and development
according to the European Commission
(EC). The 2012 EU Industrial R&D
Investment Scoreboard, an annual report
published by the EC, examines the largest
1,000 European companies investing
in R&D during 2011 and ranks them
according to the total amount invested.
Amadeus invested 347.5 million euros
(US$463.3 million) during 2011 -- an
increase of 6.7 percent over 2010 -- in
new technologies for use in the travel
FOR AJ WALTER
MAS CELEBRATES 40 YEARS
WITH RETRO LIVERY
Malaysia Airlines (MAS) is celebrating
40 years of service by repainting one
of its aircraft with a special '40 years of
Malaysian Hospitality' livery, harking back
to its earliest days.
A Boeing 737-800 was re-painted in the
full colours of the carrier's first ever aircraft,
offering a special guest experience for
customers who fly on board.
Foollowing almost 20 years of co-
operation, AkzoNobel Aerospace Coatings
partnered with MAS to develop the colours
for the aircraft, advised on selection of
the paint system and also provided on-site
technical support to the workforce of the
MAS paint shop.
For the retro livery, dating back to
October 1972, the most modern paint
system was selected. The aircraft was
painted with Aerodur 3001 Base Coat
and Aerodur 3002 Clear Coat, benefiting
from the latest advances in technology;
notably improved gloss, colour retention and
According to AkzoNobel, the Aerodur Base
Coat only needs one coat per colour for full
hiding and dries in two hours instead of ten.
The entire surface of the aircraft was finished
with a protective Aerodur Clear Coat.
Separately, AkzoNobel won a
Silver Award for supply chain and
quality improvement from Airbus at the
manufacturer's Supply Chain and Quality
Improvement Program (SQIP) event in
Toulouse. The event marked the conclusion
of a three-year programme to boost quality
and supply levels from all Airbus's major
suppliers. -- Andrzej Jeziorski
CIT Group, a global leader in transportation
finance, announced on 19 December that
it has arranged and syndicated a US$125
million senior secured-credit facility to UK-
based A J Walter Aviation (AJW), a leading
global aircraft spares specialist.
The facility will be used to support spare-
parts acquisitions to service AJW's rapidly
growing customer portfolio.
CIT Aerospace & Defense Finance acted
as Administrative Agent for the transaction.
The deal was structured and facilitated by
CIT Capital Securities as lead arranger, and
the financing was provided by CIT Bank, a
wholly owned subsidiary of CIT. Additional
terms of the transaction remain undisclosed.
"We are pleased to have arranged this
financing in support of A J Walter Aviation's
growth initiatives," says Oliver Althoff, director
of CIT Aerospace & Defense Finance.
Ian Malin, AJW's treasurer and chief
investment officer, adds: "This transaction
was carefully structured to accommodate
our current business model and provides
a financing solution that allows AJW to
maintain its growth objectives.
-- Andrzej Jeziorski
Dunlop Aircraft Tyres' joint venture facility
in Jinjiang, China has won a three-year
contract to support China Eastern Airlines'
fleet of ten Embraer 145LI regional jets with
new and retreaded tyres.
The deal will see the Shanghai-based airline
receive new tyres made at Dunlop Aircraft
Tyres' factory in Birmingham, England, that
will be distributed from and retreaded at
manufacturer's joint venture company, Dunlop
Taikoo (Jinjiang) Aircraft Tyres.
"Our tyre distribution and retread facility
in China is going from strength-to-strength
and we have now secured business with a
number of major airlines in the region," said
Dunlop Aircraft Tyres' chief executive officer,
"This is our first deal with a significant
Chinese airline and it further strengthens
our position in the regional aircraft
market, where we have a fantastic history
of supporting the most popular jet and
Airlines from countries including Australia,
China, India, Indonesia, Japan, Korea, the
Philippines and Taiwan are among those
being served by Dunlop Taikoo (Jinjiang)
Aircraft Tyres. -- Andrzej Jeziorski
EASTERN ERJ 145S
A MAS Boeing 737-800 has been repainted with the livery of the carrier's first ever aircraft, dating back to 1972.
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