Four GEnx-2B engines powered the maiden flight for Boeing’s new 747-8 Freighter aircraft, which flew at Paine Field in Everett, Washington. “The first flight of the GEnx-powered Boeing 747-8 aircraft is the culmination of about five years of engine design, development and testing at GE,” said Tom Brisken, general manager of the GEnx program. “GE […]
Maiden flight of Boeing's new 747-8 aircraft with GEnx-engines Read More »
Amentum Capital a global aircraft leasing company based in Dublin, Ireland, has delivered an Airbus A330-200 aircraft (MSN 1002) powered by Pratt & Whitney PW 4168A engines to Arik Air Ltd. of Nigeria. The aircraft is owned by HSH Nordbank.
Amentum Capital delivers A330-200 to ARIK AIR Read More »
Astronics Corporation reported financial results for the fourth quarter and full year 2009. Results for the 2009 fourth quarter and year include DME Corporation, which was acquired by Astronics on January 30, 2009. Sales in the fourth quarter of 2009 were $45.6 million, up $1.2 million from the prior year period. Astronics’ organic business, excluding
Astronics Corporation reports full year 2009 revenue of $191.2 million Read More »
Wagner Aeronautica has entered an agreement to license Boeing engineering data to pursue a Supplemental Type Certificate for an MD-80 passenger-to-freighter conversion. Under this agreement Boeing will provide data to Wagner and will host program specific drawings on the MyBoeingFleet.com Web portal. Operators will also be able to utilize the Boeing field service network for
Wagner Aeronautical becomes a Boeing licensee Read More »
SAS Group’s traffic decreased by 5.1% during January and seat capacity was down 12.3% vs. 2009. The load factor was 65.6%, up 4.9 p.u. vs. January 2009. SAS Group carried 1.7 million passengers in January, down 3.7% vs. 2009.
SAS Group traffic figures January 2010 Read More »
United Airlines reported its preliminary consolidated traffic results for January 2010. Consolidated traffic increased in January by 2.4% on a decrease of 2.0% in capacity compared with the same period in 2009. This resulted in a reported January 2010 consolidated passenger load factor of 78.5%, an increase of 3.4 points compared to 2009.
United Airlines reports January 2010 operational performance Read More »
BAE Systems reported that its Regional Aircraft business held up well in the face of the worst ever downturn in the world
Market expertise sees BAE Systems ride commercial aviation downturn Read More »
BAE Systems Asset Management has achieved a fully contracted fleet position across its turboprop portfolio with the placement of its final four ATPs at the end of 2009. This followed the achievement of a fully contracted fleet across the Jetstream portfolios in 2008. Three of the ATPs have been acquired by European Turboprop Management AB
BAE Systems places four more ATPs to achieve fully contracted fleet Read More »
Skynet Asia Airways (SNA) of Japan announced an order for its first Boeing Next-Generation 737-800. The aircraft will be leased from Dublin-based AWAS and go into service with SNA from summer of 2011, as the start of the airline
Skynet Asia Airways orders first Boeing 737-800 from AWAS Read More »
CIT Group announced that its Board of Directors has authorized the voluntary prepayment of $750 million on its $7.5 billion first lien credit facility. The Company will prepay this high cost debt out of its available holding company cash position, which is in excess of $5 billion. The repayment will be made on February 9,
CIT to prepay $750 million of debt Read More »
