Boeing reached a major milestone with GECAS by delivering the leasing company’s 400th airplane, a Next-Generation 737-800. GECAS leasing customer Xiamen Airlines will operate the milestone airplane. To date, GECAS has ordered 485 airplanes from Boeing. GECAS placed their first order with Boeing on Aug. 30, 1995 for two 767-300ER (Extended Range) airplanes. Since that first order, […]
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Alaska Air Group reported second quarter 2011 net income of $28.8 million, compared to net income of $58.6 million in the second quarter of 2010. Excluding mark-to-market fuel hedge losses of $70.9 million ($44.1 million after tax) and fleet transition costs of $26.8 million ($16.7 million after tax), the company reported record second quarter 2011
Alaska Air Group reports second quarter net income of $28.8 million Read More »
ANA Group, Japan’s largest airline and low cost carrier AirAsia, are teaming up to form AirAsia Japan, a new low-cost airline. AirAsia Japan will be the first low-cost carrier to be based at Narita International Airport. Operating under the AirAsia brand, it will serve both domestic and international destinations when commencing operations in August 2012, subject to
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Pratt & Whitney Global Service Partners has purchased Japan Airlines’ stake in Japan Turbine Technologies, a commercial gas turbine engine part repair facility. Japan Turbine Technologies has been a joint venture between Pratt & Whitney and Japan Airlines since 2000, with Pratt & Whitney being the majority partner since that time. With the acquisition of Japan
US Airways reported a net profit excluding special items for the second quarter 2011 of $106 million. This compares to the second quarter 2010 net profit excluding special items of $265 million. On a GAAP basis, the Company reported a net profit for the second quarter 2011 of $92 million. This compares to the second
US Airways reports second quarter profit Read More »
Spirit AeroSystems announced a series of organizational changes to better align leadership with the needs of the business. Current COO Buck Buchanan will transition to Sr. VP, Advanced Projects, focusing on a number of strategic initiatives. Mike King will assume the role of Sr. VP/Chief Operations Officer, including overseeing Spirit Europe and North Carolina. John Pilla, Sr.
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SimCom Training Centers, headquartered in Orlando, Florida, has announced recent enhancements to its fleet of simulators representing turboprop and piston-powered aircraft. Improvements to the visual systems in these devices give pilots a more realistic view of the outside world, providing them a more effective training experience than ever before. And new WAAS capable GPS installations
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Skyworld Aviation reported that, acting on behalf of Airfinancial Management Ltd of Cyprus, it has arranged the acquisition of another Airbus A320 aircraft. A320-200 serial number 361 was purchased by Airfinancial from Aercap Ireland for onward lease to Khors Aircompany of the Ukraine. The aircraft was built in 1992 and is powered by V2500-A1 engines.
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Monarch Aircraft Engineering (MAEL) has signed a line maintenance technical handling agreement with Strategic Airlines. With immediate effect MAEL’s experienced engineering team will provide full maintenance support for the Luxembourg based airline’s Airbus A320 aircraft operating out of Manchester airport.
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Turkish Technic, signed APS3200 APU repair services contact with SKY Airlines which covers 1 APU repair and spare support during shop visits. Repair work will be carried out at Turkish Airlines Technic’s APU shop in Istanbul, Turkey; from the beginning of July 2011.
Turkish Technic signs APU repair services contract with SKY Airlines Read More »
