International investment and specialised fund and asset management group Babcock & Brown has agreed to sell its rights to manage Babcock & Brown Capital under the Management Agreement between Babcock & Brown and BCM, subject to BCM shareholder approval. Pursuant to the agreement Babcock & Brown will also support the Board of BCM in conducting […]
Termination of B&B Capital management rights Read More »
AWAS has concluded a lease transaction for a second Boeing 767-300ER to S7 Airlines of Russia. This is the second 767-300ER which AWAS have leased to S7 this year. S7 Airlines is currently implementing a fleet modernisation strategy which involves replacing their domestically-produced aircraft with more fuel-efficient western aircraft.
AWAS leases second Boeing 767-300ER to S7 Airlines Read More »
Vought reported that operating income for the third quarter was $30.3 million, an increase of $16.0 million over last year. The improved operating income includes higher military program margins of $28.5 million resulting from the absence of losses on H-60 recorded during 2007 and a $14.3 million decrease in 787 period expenses. These improvements were
Vought reports third quarter net income of $15.6 million Read More »
TACA has awarded Barfield, a Sabena technics company, a 10-year contract to provide full component support for their Embraer 190 fleet. The scope of this contract includes test, repair & overhaul of all rotable components including hydraulic, air conditioned, instrument, avionics and IFE.
TACA selects Barfield for full component support services Read More »
BAE Systems announced two new appointments to its senior management team; Raj Rajagopal becomes Managing Director, Corporate Responsibility and Deborah Allen becomes Deputy Managing Director, Corporate Responsibility.
New senior management appointments at BAE Systems Read More »
Aircell, a leading provider of airborne communications, released that aviation industry veteran John Wade has joined the company as Senior Vice President and General Manager — Business Aviation Services. Mr. Wade will be responsible for overseeing the success and direction of Aircell’s rapidly growing Business Aviation Services division in Broomfield, Colo. As part of Aircell’s
John Wade joins Aircell to lead business aviation services Read More »
Hamilton Sundstrand signed a Working Together Team agreement with All Nippon Airways (ANA) to provide a total supply chain maintenance solution for its systems on the airline’s fleet of 50 Boeing 787 Dreamliner aircraft. Under the 10-year agreement, Hamilton Sundstrand will provide inventory support services, repair services, logistics and technical cooperation with ANA engineering on
ANA signs agreement with Hamilton Sundstrand for maintenance support Read More »
LAN Airlines S.A. and its related companies reported its preliminary monthly traffic statistics for October 2008. System passenger traffic for October increased 10.8% as capacity rose 11.2%. As a result, the Company
LAN reports traffic increase of 11% in October Read More »
WestJet announced third quarter net earnings of $54.7 million that compared to $76.1 million reported in the third quarter of 2007, representing a 28.1% decrease. Year to date, 2008 net earnings were $137.4 million, a 16.9% increase from the $117.5 million earned in the same nine months of 2007.
WestJet reports 3rd quarter earnings decreased 28% Read More »
Willis Lease Finance reported that in the third quarter of 2008, income from operations increased to $16.5 million from $5.9 million in the year ago period. Year-to-date, income from operations grew to $34.6 million from $19.5 million in the first nine months of 2007. Willis Lease generated net income of $10.7 million in the third
Willis Lease Finance reports net income of $10.7 million in 3rd quarter Read More »
