May 10, 2011

ATSG reports net earnings of $2.8 million for first quarter

ATSG reported that pre-tax earnings from continuing operations were $4.6 million, compared with $10.8 million in the first quarter of 2010. Adjusted pre-tax earnings from continuing operations totaled $11.4 million, up 57% from $7.2 million during the first quarter of 2010. Net earnings were $2.8 million compared with $7.2 million in the year-earlier quarter. Revenues […]

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Air Lease Corporation expands twin-aisle growth

Aircraft & Engines / Leave a Comment

Air Lease Corporation (ALC) has signed lease agreements for 10 additional twin-aisle aircraft. – ALC and Vietnam Airlines have entered into lease agreements through 2019 covering two new A330-200s delivering in October and November 2011. – ALC acquired an A330-200 (MSN 1138) on lease to Sichuan Airlines through 2022. – KLM and ALC have entered

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Aigle Azur takes delivery of two new Airbus A320s from GECAS

Aircraft & Engines / Leave a Comment

GECAS announced delivery of two new Airbus A320s leased to French airline Aigle Azur. The aircraft come from GECAS

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Volvo Aero Norge signs agreement with P&W for additional F135 engine work

Military & Defense / Leave a Comment

Volvo Aero Norge (VAN) has signed a three year agreement with Pratt & Whitney to manufacture another critical component for the F135 engine program. The agreement has an estimated value of 3 million USD. The agreement is for manufacturing of diffuser cases for the F135 engine, the engine for the F-35 Lightning II (Joint Strike

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SIAEC Group post full year 2010-11 results

Financial / Leave a Comment

The SIAEC Group

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New type of aircraft tractor at Lufthansa LEOS

Other News / Leave a Comment

After the test phase under real working conditions has concluded successfully, the French tractor manufacturer TLD intends to build an initial TaxiBot prototype by the end of the year. TaxiBot is a new type of aircraft tractor that is controlled by the pilot from the cockpit

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Lufthansa Technik and Fokker Services sign 5 year agreements on components

MRO & Production / Leave a Comment

Fokker Services and Lufthansa Technik signed several agreements for the support on Boeing, Airbus and Bombardier components. The agreements signed are valid for 5 years. Both companies are specialized in the support of Boeing, Airbus and Bombardier aircraft components. The agreement includes the support on a wide range of pneumatic, hydraulics and avionics components. The

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TP Aerospace welcomes Deimante Lankelyte in Copenhagen

People / Leave a Comment

TP Aerospace welcomed Deimante Lankelyte, who has joined the wheel and brake specialist group in Copenhagen, where she will concentrate on business activities in CIS and Eastern Europe. Deimante has an extensive background at Lithuanian Airlines dating back to 1999. In 2007 she was a key part in the establishment of FL Technics and has

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Air Astana becomes new E-Jet operator and Jetscape customer

Aircraft & Engines / Leave a Comment

Jetscape announced the acquisition of a new Embraer E190-100LR aircraft delivered on lease to Air Astana, Almaty, Kazakhstan on May 6, 2011. This follows the delivery by Jetscape of another new E190-100LR to Air Astana on April 20, 2011. Both aircraft have been leased to Air Astana on eight-year terms. These are the first E190

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Emirates Group achieves record profit in 2010-11

Financial / Leave a Comment

The Emirates Group has marked its 23rd consecutive year of profit with a record performance of AED 5.9 billion (US$ 1.6 billion) net profit, despite a challenging business climate. The 2010-11 Annual Report of the Emirates Group – comprising Emirates Airline, dnata and their subsidiary companies

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ATSG reports net earnings of $2.8 million for first quarter

Air Lease Corporation expands twin-aisle growth

Aigle Azur takes delivery of two new Airbus A320s from GECAS

Volvo Aero Norge signs agreement with P&W for additional F135 engine work

SIAEC Group post full year 2010-11 results

New type of aircraft tractor at Lufthansa LEOS

Lufthansa Technik and Fokker Services sign 5 year agreements on components

TP Aerospace welcomes Deimante Lankelyte in Copenhagen

Air Astana becomes new E-Jet operator and Jetscape customer

Emirates Group achieves record profit in 2010-11

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10 May 2011

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