21 October 2011

Norwegian's revenue up 19.4% in the third quarter 2011

Norwegian reported that third quarter revenue was up by 19.4 % to MNOK 3,376.2, compared to MNOK 2,827.9 the previous year, earnings before depreciation and leasing (EBITDAR) in the third quarter were MNOK 1,206.2, compared to MNOK 839.9 in 2011, earnings before depreciation (EBITDA) in the third quarter were MNOK 1,001.2 compared to MNOK 623.6. […]

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Safran reports 5.2% growth in third-quarter

For the third quarter 2011, Safran’s revenue was Euro 2,728 million, compared to EUR 2,593 million in the same period a year ago, a 5.2% year-on-year increase. Group revenue increased by 4.2% organically. Third-quarter 2011 revenue increased by Euro 135 million on a reported basis, highlighting growth in aerospace (civil original equipment and services) and Security (acquisition driven), while

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GE and IPTN sign CT7 engine overhaul contract

GE and PT. Nusantara Turbin Dan Propulsi (NTP) signed an overhaul support agreement covering CT7 engines that power CN235 turboprop aircraft. This further expands the successful collaboration between the two companies on the CT7 program that dates back over 20 years. NTP is a subsidiary of PT. Dirgantara Indonesia (PTDI), formerly IPTN. Under the agreement,

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Turkish Technic signs agreements with Somon Air and Pegasus Airlines

Pegasus Airlines & Turkish Technic signed base maintenance services agreement for 1 Boeing 737-800 C-Check. Maintenance will be carried out at Turkish Technic’s Istanbul Facilities, within the fourth quarter of 2011.  Turkish Technic and Somon Air have signed a GTCP131-9B APU repair services contract in October 2011, which covers one GTCP131-9B model APU repair ans

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Boeing appoints Matthew Knowles as Communications Director UK and Ireland

Boeing has appointed Matthew Knowles as Communications Director for the UK and Ireland. He will be responsible for developing the company’s communications strategies, communications partnerships with suppliers and customers as well as engaging with key stakeholders. He will also support the company’s successful community outreach programmes and sponsorships, including the Boeing Build a Plane challenge for

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AgustaWestland and United Rotorcraft sign cooperation agreement

AgustaWestland reported the signing of a non-exclusive agreement with United Rotorcraft, an Air Methods division, to design, an air ambulance interior concept for the AW169 helicopter. The agreement includes AgustaWestland providing United Rotorcraft a full scale cabin Mock-up of the AW169 aircraft for design and full integration of the EMS interior. This solution will include several

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Aircastle and Southern Air announce 747-400SF Freighter leases

Aircastle and Southern Air Holdings have entered into long-term leases under which Southern Air will utilize two 747-400SF aircraft owned by Aircastle.  The aircraft are expected to enter commercial service during the first quarter of 2012, advancing Southern Air’s fleet renewal and business expansion program.

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