13 May 2008

LCI appoints Martin Siegrist as VP Technical

Lease Corporation International (LCI) has announced the appointment of Martin Siegrist as Vice President, Technical. Siegrist was previously Vice President Engineering & Planning at Swiss International Air Lines. From 2000 to 2002, he was the Technical Director of Flightlease, the aircraft lessor. His responsibilities will include the technical oversight of LCI

Airbus informs customers about A380 delivery changes

Airbus has completed the A380 programme review and is now informing customers about changes to its delivery schedule. The review assessed the programme status at the critical juncture of transitioning from low rate “individual” production, so-called Wave 1, to the full serial design and manufacturing process, called Wave 2. The review has also shown that …

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Avcorp announces 2008 first quarter results

Avcorp Industriesm reported results for the quarter ended March 31, 2008. Revenue increased 14% to $31,151,000 for the quarter ending March 31, 2008, and cash flow from operations increased to $1,529,000 compared to $1,101,000 for the same quarter last year. EBITDA of $1,375,000 was a significant improvement over the negative EBITDA of $1,282,000 incurred in …

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PW4000 Advantage70 begins flight testing

Pratt & Whitney’s PW4000 Advantage70 development engine commenced flight testing on the company’s 747 flying test bed at its test flight facility in Plattsburgh, New York. The engine, which will deliver 70,000 pounds of thrust for the A330 aircraft family, is expected to achieve Federal Aviation Administration certification in October. The first PW4000-100″ engines with …

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