Delta’s net income for the June 2011 quarter was $366 million excluding special items. Delta’s net income was $198 million for the June 2011 quarter. Strong top line revenue growth of 12% year over year helped offset more than $1 billion higher fuel expense. Delta generated a revenue premium, with unit revenues up 10% for […]
Delta Air Lines reports June quarter profit Read More »
Kai Horten will take the helm of Premium AEROTEC as of 1 October 2011. As President and Chief Executive Officer (CEO) he will succeed Hans Lonsinger, who held these positions from the foundation of Premium AEROTEC until an illness in late 2010. Horten is currently managing director at Atlas Elektronik and will be responsible for
Kai Horten to become CEO of Premium AEROTEC Read More »
Ryanair reported a first quarter net profit of EUR 139 million, a slight increase of 1% on the first quarter of last year. Revenues grew by 29% to EUR 1,155 million as traffic increased 18% and ave. fares rose 11%. Unit costs rose by 14% due to a 49% increase in fuel costs. Excluding fuel,
Ryanair reports first quarter net profit of EUR 139 million Read More »
The Lufthansa Group generated an operating profit of EUR 3 million in the first half of 2011, an improvement of EUR 174 million on the previous year’s period. This development reflects a robust sales growth – Group revenue climbed by 11.4% to EUR 14.1 billion – and positive impacts from the cost management measures. The
Lufthansa generates operating profit in first half of 2011 Read More »
GE Aviation announced that it will open a new manufacturing facility in Ellisville, Miss., to meet accelerating global demand. GE will invest $56 million in the new facility. The company is targeting for production to begin in 2013 and will create 250 new high-tech manufacturing jobs by 2016. The 300,000-square foot facility will manufacture advanced
GE to open second aviation manufacturing plant in Mississippi Read More »
FL Technics has purchased 7 Boeing 737-300 aircraft for tear down into parts and components. The disassembled aircraft components will be used to form and maintain a wider stock of B737 CL spare parts and components as well as to expand FL Technics warehouse portfolio capabilities. FL Technics‘ decision to acquire Boeing 737-300 from the
FL Technics starts part out of 7 newly obtained Boeing 737-300 Read More »
Rolls-Royce reported a development agreement with GippsAERO, a wholly owned subsidiary of Mahindra Aerospace. Under the agreement, Rolls-Royce will supply M250-B17F/2 turboprop engines for the GA-10, a new 10-passenger fixed-wing plane that will deliver enhanced performance, fuel efficiency and reliability. Rolls-Royce will work with GippsAERO to obtain certification for the GA10, which is currently in
GippsAERO selects Rolls-Royce M250 engine for new GA-10 aircraft Read More »
Taiwan-based international carrier EVA Airways, a unit of the Evergreen Group, signed a contract with ARINC for ARINC’s GLOBALink Satellite Communications (SATCOM) services to enhance its passenger and flight deck communications. The new satellite connectivity will offer higher bandwidth for improved access to vital flight information by EVA flight crews, as well as seamless in-flight
EVA Airways boosts in-flight connectivity with ARINC Read More »
Boltaron and Avio-Diepen have signed a Distribution Agreement to support Aerospace related companies through the supply of certified plastic sheet material. Boltaron manufactures PVC and Polycarbonate plastic sheets in various colors, textures, thicknesses and fire ratings, designed for use in the Aerospace Industry. The addition of the Boltaron products allows Avio-Diepen to add another high-quality
Boltaron and Avio-Diepen sign distribution agreement Read More »
