MTU Aero Engines has reported a 10% improvement in revenues to EUR 693.1 million for the first quarter of 2009 (1-3/08: EUR 630.0 million). Discounting the effect of the U.S. dollar exchange rate, revenues decreased by 2%. Operating profit amounted to EUR 75.2 million, compared with EUR 80.0 million in the first three months of […]
First-quarter results affirm MTU Aero Engines Read More »
Bombardier Aerospace, Lufthansa Flight Training (LFT) and Lufthansa Technical Training (LTT), signed the first Authorized Training Provider (ATP) agreement for the Bombardier CSeries aircraft. The agreement will ensure that European operators of CSeries aircraft have access to world-class training services right at their doorstep. LFT is a wholly owned subsidiary of Deutsche Lufthansa AG while
Lufthansa and Bombardier sign flight and maintenance training agreement Read More »
Czech Airlines and ATR announced the signature of a Global Maintenance Agreement (GMA), valued at over $14 million. The contract, for a period of 7 years, covers the repair of the Line Replaceable Units (LRUs) of the 12 ATR aircraft of the airline. Through the signature of this contract, Czech Airlines becomes the launch customer
Czech Airlines inks global maintenance agreement with ATR Read More »
ITR (Turborreactores, S.A. de C.V.) signed a four-year exclusive part repair agreement with Pratt & Whitney’s Dallas Airfoil Repair Operations (DARO) and Turbine Overhaul Services (TOS) worth an estimated $5 million. The agreement will cover turbine blade and vane repairs for the JT8D engine.
Pratt & Whitney and ITR sign $5 million part repair agreement Read More »
Alaska Air Group reported a first quarter 2009 net loss of $19.2 million, compared to a net loss of $37.3 million in the first quarter of 2008. Excluding mark-to-market fuel hedge gains of $10 million ($6.2 million after tax), the company reported a net loss of $25.4 million compared to a net loss of $37.7
Alaska Air Group reports first quarter loss Read More »
Boeing Air China Cargo and TAECO (Taikoo Aircraft Engineering Co.) today celebrated the redelivery of the carrier’s first 747-400 Boeing Converted Freighter, the first of three 747-400BCFs ordered by the airline. The airplane is converted from an Air China 747-400 Combi. Air China Cargo is receiving the 37th 747-400BCF redelivery and the eighth conversion from
Air China Cargo receives 747-400 Boeing converted freighter Read More »
