7 May 2010

Jet Aviation Moscow Vnukovo receives EASA 145 maintenance approval

Jet Aviation Moscow Vnukovo recently became an independent Russian legal entity and can now perform maintenance services under its own EASA 145 maintenance approval. At the Moscow Vnukovo airport, where the company has operated since late 2007 as a branch of Jet Aviation Dusseldorf, the necessary steps have been competed this year by Jet Aviation

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Embraer receives type certificate for Phenom 300 from EASA

Embraer received the type certificate for the Phenom 300 from the European Aviation Safety Agency (EASA), which was granted on April 29. This approval came in on schedule, as the program steadily advances. The overall certification campaign involved five aircraft that performed more than 1,200 flight test hours, certifying the aircraft for RVSM (Reduced Vertical

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Lufthansa closes first quarter 2010 with operating loss of EUR 330 million

The Lufthansa Group closed the first quarter 2010 with revenue of EUR 5.8 billion (previous year: EUR 5.0 billion) and an operating loss of EUR 330 million (previous year: operating loss of EUR 44 million). The net loss for the period came to EUR 298 million (previous year: net loss of EUR 267million). The result

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Southern Air and MASkargo sign multi-year wet lease agreement

Southern Air and Malaysia Airlines Cargo (MASkargo) have entered into a multi-year, multi-aircraft wet lease agreement. Southern Air initially will provide MASkargo with three Boeing 747 Freighter aircraft along with crew, maintenance and insurance. MASkargo also has an option to lease up to five aircraft, which will provide it additional flexibility to meet its customers’

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AerCap Holdings N.V. reports first quarter net income of $34.4 million

Air Cap released that first quarter 2010 net income was $34.4 million, compared with net income of $30.0 million for the same period in 2009. First quarter 2010 net income excluding the impact of the mark-to-market of interest rate caps and share-based compensation was $46.7 million, compared to net income of $31.5 million in the

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