11 August 2009

Astronics awarded $7.4 million contracts from Asian commercial airlines

Astronics Corporation a has signed contracts with two Asian commercial airlines totaling approximately $7.4 million for its EMPOWER In-Seat Power Supply System (ISPS). The contracts include intelligent power control systems, in-seat power converters, cables, and ancillary equipment that allow passengers to connect their personal electronic devices (PED)

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Willis Lease Finance earns $4.2 million in second quarter

Willis Lease Finance Corporation reported solid second quarter and year-to-date profitability fueled by growth in its lease portfolio as well as lower borrowing costs. Second quarter 2009 net income available to common shareholders totaled $4.2 million compared to $5.6 million in the like quarter a year ago. Net income available to common shareholders in the

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Jet Aviation Dubai expands service offerings

Jet Aviation Dubai has recently expanded its service offerings to include base and line maintenance for Hawker 750/800/800XP/850XP/900XP, Gulfstream G350/G450 and Embraer 135/145 aircraft under the company’s EASA #145.0317 approval. In addition, the facility’s newly established Boeing BBJ team is now fully operational. Under the company’s EASA #145.0317 base and line maintenance approval, Jet Aviation

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Bombardier terminates purchase agreement with MyAir.com of Italy

Bombardier Aerospace has terminated its firm order purchase agreement with MyAir.com of Italy in respect of all remaining undelivered aircraft. Originally this firm order was announced on September 25, 2006 for the sale of 19 CRJ900 aircraft to My Way Airlines. On February 19, 2007, Bombardier announced that 15 of the 19 orders for CRJ900

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