5 May 2011

Spirit AeroSystems net income down to $35 million from $56 million a year ago

Spirit’s first quarter 2011 revenues were $1.050 billion, slightly up from $1.043 billion for the same period of 2010 primarily driven by model mix. Operating income was $70 million, compared to $93 million for the same period in 2010, as the company recognized a $28 million pre-tax charge on the CH-53K program and realized higher

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Copa Holdings reports net income of $94.4 million for first quarter 2011

Copa Holdings reported net income of $94.4 million for 1Q11. Excluding special items, Copa Holdings would have reported an adjusted net income of $82.0 million a 30.9% increase over adjusted net income of $62.7 million for 1Q10. Operating income for 1Q11 came in at $101.0 million, a 29.2% increase over operating income of $78.1 million

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Rockwell Collins to provided advanced avionics system for Brazilian Air Force KC-390 fleet

Embraer Defense and Security has selected Rockwell Collins to provide its Pro Line Fusion flight deck for the KC-390 tanker/transport aircraft. The Brazilian Air Force has committed to purchasing 28 KC-390 aircraft. The KC-390 avionics system features key technology advancements and smart integration that provide flexibility and growth to meet future challenges. An empowering human

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ExecuJet Middle East announces EASA extension for Hawker Aircraft

ExecuJet Middle East has announced that their maintenance facility in Dubai, UAE, has obtained an extension to its EASA approval for the Hawker 400XP, 7, 8, 9 Series and 4000 aircraft and GCAA approval for Hawker 8, 9 series and 4000 aircraft. In addition to the EASA and GCAA approval extensions, the Dubai facility has

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