A leading aircraft trading company is seeing a sustained demand for executive jets, as buyers take advantage of competitive prices for new and used executive aircraft. Twinjet Aircraft Sales says it has not experienced any decline in purchase enquiries over the past six months, attributing the lower prices to a greater availability of new and […]
Executive Jet market stays buoyant as buyers find bargains Read More »
SR Technics and Spanair have expanded their relationship with the signing of a contract for Wheel and Brake services on the airline
SR Technics and Spanair sign Wheel and Brake contract Read More »
Frontier Airlines Holdings filed its Monthly Operating Report for December 2008. Frontier reported a consolidated operating profit of $18.9 million and a net profit of $18.7 million for the month. Excluding special items, the Company reported an operating profit of $18.3 million and a net profit of $17.0 million. The Company, excluding special items, reported
Frontier ends 2008 with strong financial performance Read More »
Alliant Techsystems has agreed to a contract valued in excess of $200 million with Rolls-Royce to produce composite aft fan cases for the new Trent XWB engine. Under the contract with Rolls Royce ATK becomes a partner on the Trent XWB program. The Rolls-Royce Trent XWB is the sole engine currently available to power the
ATK agrees to produce composite aft fan cases for Trent XWB Engines Read More »
The Boeing Company’s fourth-quarter net income declined to a loss of $56 million, reflecting the now-settled machinists’ strike, a charge related to the 747 and a litigation-related reserve. Revenues for the quarter declined 27% to $12.7 billion, due primarily to the effects of the strike which reduced commercial airplane deliveries by approximately 70 units and
Boeing posts quarterly loss of $56 million Read More »
AirTran Holdings, the parent company of AirTran Airways, reported a net loss of $273.8 million for the full year 2008 which included non-operating losses of $150.8 million related to changes in fair value on the Company’s out-of-the-money fuel hedge contracts. During the fourth quarter, AirTran unwound approximately 78% of its 2009 fuel hedge contracts in
AirTran Holdings reports fourth quarter net loss of $118.4 million Read More »
ANA Group announced its Corporate Plan for fiscal year 2009, which runs from April 1, 2009 to March 31, 2010. With the world recession that began in the current fiscal year expected to continue into the next, the tenet of the plan is to minimise risk of falling revenue while preparing for the growth opportunities
ANA Group reports corporate plan for FY 2009 Read More »
Europe Airpost, the pan-European charter operator, has chosen AD Aerospace, an AD Group company, to supply CabinVu-123 to improve safety and security on board its aircraft. CabinVu-123 increases cockpit security by giving the pilots
Europe Airpost selects In Flight Security from AD Aerospace Read More »
Universal Asset Management announced the addition of a new 10,000 square-foot repair facility – Universal Air Repair, LLC. Pending FAA certification, this subsidiary will be UAM
Universal Asset Management to add new 10,000 square-foot repair facility Read More »
Talking to industry leaders over the past few weeks, Bertrand Grabowski, member of the Board of Managing Directors of DVB Bank SE, and responsible for Aviation, said:
