Limco-Piedmont names new Chief Marketing Officer

Limco-Piedmont, a fully owned subsidiary of TAT Technologies announced that Mr. Itsik Maaravi has been named Chief Marketing Officer of Limco-Piedmomt. Mr. Maaravi, formerly Vice President Marketing for Kamor Aviation and Director of Sales for Bedek Aviation Group, Israel Aerospace Industries, will be responsible for all marketing and business development for Piedmont Aviation Component Services […]

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Nordic Aviation Capital completes sale of three ATR 72-500 aircraft to Borajet

Aircraft & Engines / Leave a Comment

Nordic Aviation Capital confirmed that it has sold three ATR 72-500 aircraft (MSN 588, 701 and 702) to Borajet (Turkey). The aircraft were previously operated by Alitalia Express. Nordic Aviation Capital purchased the aircraft in September 2009 from Alitalia Linee Aeree Italiane and Alitalia Express both of whom were under Extraordinary Administration. Nordic Aviation Capital

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Honeywell reports 2009 full-year sales of $30.9 billion

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Honeywell announced full-year 2009 sales of $30.9 billion vs. $36.6 billion in 2008. Earnings per share were $2.85 vs. $3.76 in the prior year. Free cash flow was $3.3 billion (cash flow from operations of $3.9 billion less capital expenditures). Free cash flow conversion (free cash flow divided by net income) was 155% of net

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Airbus to increase list price of all aircraft by an average of 5.8%

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Airbus has increased the list price of all its aircraft by an average of 5.8%. The price increase is the first since January 2008, and applies for all new aircraft from the beginning of January 2010. The price increases were calculated according to the Airbus standard escalation formula over the January 2008 to January 2010

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Pemco signs agreement to convert six 737-300 passenger aircraft to freighter configuration

MRO & Production / Leave a Comment

Pemco World Air Services has entered into an agreement to convert six 737-300 passenger aircraft to freighter configuration for Hainan Airlines, a subsidiary of HNA Group. Under the terms of the contract, signed in 2009, Pemco has already completed redelivery on two 737-300 aircraft conversions in October 2009 and January 2010. The third freighter is

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CTT Systems receives order from Nova Airlines

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CTT Systems announced that Nova Airlines AB (Sweden) has placed an order for three Zonal Drying Systems to be installed in Nova Airlines A321 aircraft. The systems, which eliminate condensation in the aircraft, are scheduled for installation during April/May 2010.

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ANA releases financial results for first nine months of FY09

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ANA Group reported its consolidated financial results for the first nine months (April – December inclusive) of fiscal year 2009. ANA recorded a consolidated operating loss of JPY37.8 billion, a consolidated recurring loss of JPY57.6 billion, and a consolidated net loss of JPY35.1 billion.

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Boeing announces organizational changes

People / Leave a Comment

In a move to strengthen processes, tools and functional excellence, Boeing Commercial Airplanes President and Chief Executive Officer Jim Albaugh announced the following appointments: Howard Chambers will lead a newly created Commercial Airplanes function, Program Management; Tim Copes was named vice president, Manufacturing and Quality; John Cornish was named vice president, 787 Final Assembly and

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Boeing provides first look at 787 stall tests

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Boeing 787 Dreamliner pilots conducted the program’s first stall tests – in which pilots intentionally reduce power to both engines and then recover normal flight speeds – as part of the initial airworthiness program for the airplane. Additional stall tests will take place throughout the flight test period. The testing went “very well and there

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TAP renews cooperation with Lufthansa Systems

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TAP will continue to optimise operations on its routes with the Lido flight plan system from Lufthansa Systems, having recently renewed its contract in advance, for another five years to mid-2017. The agreement also includes the implementation and use of new Lido applications, such as TFR (Traffic Flow Restrictions) management and IFM (Inflight Monitor). Lido/Flight

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Limco-Piedmont names new Chief Marketing Officer

Nordic Aviation Capital completes sale of three ATR 72-500 aircraft to Borajet

Honeywell reports 2009 full-year sales of $30.9 billion

Airbus to increase list price of all aircraft by an average of 5.8%

Pemco signs agreement to convert six 737-300 passenger aircraft to freighter configuration

CTT Systems receives order from Nova Airlines

ANA releases financial results for first nine months of FY09

Boeing announces organizational changes

Boeing provides first look at 787 stall tests

TAP renews cooperation with Lufthansa Systems

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29 January 2010

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