Boeing reported first-quarter net income of $0.6 billion with earnings per share of $0.86 which includes the previously announced $0.38 per share reduction from revised twin-aisle commercial airplane production rates and lower price escalation forecasts. Revenue rose 3% to $16.5 billion on higher commercial airplane deliveries and higher volume in defense. Operating cash flow was […]
Boeing reports net income of $0.6 billion Read More »
Woodward reported net sales for the quarter were $334.7 million, up 9% from $305.8 million for the same quarter of last year. Net earnings for the quarter were $18.5 million compared with $29.7 million in last year’s second quarter. Net earnings for the current quarter included special charges of $0.16 per share as shown below.
Woodward reports net income of $18.5 million for first quarter Read More »
Vietnam Airlines is to continue to entrust SR Technics with the maintenance of the CFM56-5B engines on its Airbus A320 aircraft fleet. The corresponding three-year engine maintenance agreement that was concluded in 2006 has been extended for a further three years to 2012. The extended accord covers the maintenance, repair and overhaul of 23 CFM56-5B
Vietnam Airlines extend engine maintenance agreement with SR Technics Read More »
SR Technics enters a new phase in the implementation of its restructuring and longterm growth activities as the new ownership structure for the Group is confirmed. In line with an on-going restructuring programme, SR Technics is implementing a longterm strategy focused on building a platform to expand its global market position and on providing services
Jet Aviation announces the appointment of Jakob Straub as new vice president and general manager of the company’s Zurich maintenance and FBO operations effective July 1, 2009. He will succeed interim general manager Paul Kempf, director quality control and chief inspector, who will facilitate Straub’s introduction to his new responsibilities during a transition period. Jakob
Jakob Straub appointed new general manager of Jet Aviation Zurich Read More »
ExelTech Aerospace has signed an LOI to finalize membership of the newly formed SuperJet International authorized service center network. SuperJet International, incorporated in Italy has worked with ExelTech Aerospace to participate in their heavy maintenance and modifications MRO network program for their new to market SSJ100 aircraft program.
ExelTech to become a member of SuperJet International authorized Service Center Network Read More »
Volvo Aero Services and GE Aviation have signed a five year agreement for distribution of certain low volume new and used parts for CF34, CFM56, and CF6 engines. Volvo Aero Services will provide asset management services, which includes forecasting, planning, marketing, warehouse and distribution elements. The focus on certain low volume material will complement GE
GE Aviation appoints Volvo Aero Services as preferred distributor of engine parts Read More »
Pratt & Whitney Canada Customer Service Centre Europe GmbH, a joint venture between Pratt & Whitney Canada and MTU Aero Engines, signed a 16-year Fleet Management Program agreement with Germany’s renowned Automobile Club ADAC to provide comprehensive maintenance support for PW206B2 engines installed on their fleet of 19 Eurocopter EC135P2 helicopters.
Pratt & Whitney Canada signs FMP program agreement with ADAC Read More »
Pratt & Whitney Canada signed a Fleet Management Program agreement with Air Methods Corporation of Englewood, Colo., to provide engine support for Air Method’s growing fleet of helicopters used for emergency air medical transportation services. The Turboshaft Flex FMP program agreement covers approximately 125 PW200 series engines, plus spares, installed on Air Methods’ fleet of
Air Methods signs long-term FMP Program with P&WC Read More »
ATR reported the launch of its new
ATR launches Door-2-Door service Read More »
