17 May 2011

Air Lease Corporation reports first quarterly positive pre-tax income

Air Lease Corporation recorded the first quarterly positive pre-tax income of $4.9 million and net income of $3.2 million and recorded cash flow from operations of $38.5 million for the three months ended March 31, 2011. For the same period, they recorded adjusted net income of $11.7 million and adjusted EBITDA of $45.2 million. Air

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Cessna selects Aircell for global inflight connectivity

Aircell, a leading provider of inflight connectivity, released that beginning in 2012, Cessna Aircraft Company will offer Aircell’s Aviator 300 system as an option on new Citation XLS+, Citation Sovereign and Citation X business aircraft. The Aviator 300 will be fully integrated with the Aircell Axxess cabin system, seamlessly delivering a robust, global inflight connectivity

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Spirit AeroSystems completes 787 contract amendment with Boeing

Spirit AeroSystems has signed the formal contract amendment with Boeing regarding certain claims associated with the development and production of the 787-8 airplane. The amendment completes the previously announced memorandum of agreement. "With this agreement we continue to reinforce our partnership with our largest customer as we work together for the long-term success of the

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