Astronics Corporation reported 2007 full year sales increased 42.9% to $158.2 million from $110.8 million in 2006. Fourth quarter sales increased by 25.4% to $36.3 million from $28.9 million in the fourth quarter of 2006. Net income for 2007 was $15.4 million compared with net income of $5.7 million in 2006. For the fourth quarter […]
Astronics Corporation reports 2007 full year net income of $15.4 million Read More »
Rolls-Royce reported that it set a new record for CorporateCare in 2007 with 194 engine maintenance management contracts. More than 700 corporate aircraft are now under Rolls-Royce engine management programs, covering the BR710, AE3007, Tay and Viper-powered aircraft. In addition, more than 50 percent of all current production business aircraft engines are covered by CorporateCare,
Rolls-Royce sets new CorporateCare record Read More »
Mesa Air Group reported first quarter after tax losses of $2.8 million from continuing operations on operating revenues of $326.6 million. Total operating revenues for the first quarter of 2008 decreased $6.9 million, or 2.1% primarily as a result of a year-over-year decrease in aircraft in service. The net loss of $2.8 million compares to
Mesa Air Group reports first quarter 2008 revenues and earnings Read More »
Finnair and its oneworld alliance partner Cathay Pacific start code-sharing on flights between Hong Kong and the three Australian cities Sydney, Melbourne and Perth, and also to Bangkok in Thailand. The code-chare flights are operated with both Finnair and Cathay Pacific flight numbers. At the moment Finnair flies to Hong Kong four times a week.
Finnair and Cathay Pacific start code-sharing Read More »
bmi is to lease two Boeing 757-200 aircraft to further expand its mid haul strategy from Heathrow. The aircraft will be used to increase capacity and to significantly improve schedules to the existing destinations of Almaty and Freetown. In addition, the airline
bmi leases two aircraft to further expand mid haul network Read More »
Air Atlanta Icelandic has extended a wet lease agreement with MASkargo in Malaysia, by two additional years! Air Atlanta Icelandic will therefore continue to operate 4 x Boeing 747-200 freighters on MASkargo behalf until May 2010, and the dry lease extensions for the aircraft are now being finalized. MASkargo is a subsidiary of Malaysia Airlines.
Air Atlanta Icelandic to extend lease agreement with MASkargo Read More »
Airbus has announced its selection of Messier-Bugatti, a SAFRAN Group company, for the design, development, production, integration and support of the electronic and hydraulic landing and braking control systems for its new A350XWB long-range commercial jet. The systems will be designed to fit the different members of the A350XWB family. The contract covers all
Messier-Bugatti to supply all landing and braking control systems for the A350XWB Read More »
Pratt & Whitney has successfully completed Phase I sea-level performance and acoustic testing on the full-scale Geared Turbofan demonstrator engine ahead of schedule. The engine will now be configured with the flight nacelle system for Phase II ground testing beginning in April in preparation for flight testing on Pratt & Whitney
P&W Geared Turbofan demonstrator engine completes phase I ground tests Read More »
Mohammed Abu Ghazaleh, chairman of Arab Wings, has placed a firm order for a high-speed Global 5000 jet, with the Global Vision cockpit, making him the Middle East launch customer for the all-new flight deck. Scheduled for delivery in 2011, the aircraft will be operated by Arab Wings and available for charter from its Amman,
Arab Wings chairman purchases Global 5000 jet Read More »
Boeing and Tata Industries Limited of India have agreed on a plan to form a joint-venture company that will initially include more than $500 million of defense-related aerospace component work in India for export to Boeing and its international customers. Under the memorandum of agreement signed by Boeing and Tata, it is contemplated that the
Boeing and Tata Industries to form India joint venture Read More »
