10 November 2011

Wizz Air adds 6th aircraft to Bucharest base

Wizz Air announced that it would launch a new route and increase frequencies on several existing ones by adding a sixth Airbus A320 aircraft to its Bucharest Baneasa base as of June 2012. The new route to Verona (Italy) will be operated initially three times per week from 23 June 2012.

EADS reports better than expected results

EADS reported better than expected nine-month results. In the first nine months of 2011, the order intake reached €93.9bn. EADS’ order book stood at a record level of €503bn. Revenues amounted to €32.7bn. The EBIT before one-off of around €1.1bn was mainly driven by operational improvement from Eurocopter and Airbus commercial activities as well as some favourable phasing …

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SAS to sell 13 MD80 aircraft and 12 JT8D-219 engines

SAS has entered into a purchase agreement with Sunrise Asset Management, an affiliate of Allegiant Air, the Las Vegas-based low cost operator, to sell 13 MD82/83/87 aircraft and an additional 12 JT8D-219 engines from SAS. Delivery of the aircraft and engines will commence immediately and is scheduled to be completed by February 2013. This transaction …

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SAS Group posts third quarter profit

SAS Group reported revenues of MSEK 10,616 for the third quarter of 2011 (10,776 in 2010) and income before nonrecurring items in continuing operations of MSEK 298 (384 in 2010). EBT margin before nonrecurring items in continuing operations was 2.8% (3.6% in 2010).  SAS Group reported cash flow from operating activities of  MSEK 232 (-470 in 2010) and income before tax of …

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JAL Group achieved consolidated net profit of ¥97.4bn

The JAL Group (JAL) released consolidated financial results for the period April 1 to September 30, 2011, the first half of the fiscal year ending March 31, 2012. The company has strengthened its resilience against risks in the operating environment through measures implemented in the course of its restructuring last year; namely the withdrawal of unprofitable routes, continuous …

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AWAS delivers second and third of five 737-800s to GOL

Dublin based aircraft lessor, AWAS, delivered the second and third Boeing 737-800 passenger aircraft to Latin American low-cost airline, GOL.  These aircraft are part of five deliveries from AWAS to GOL planned through early 2013. In March of this year, GOL and AWAS entered into a purchase and lease back agreement for five Boeing 737-800s that …

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Lufthansa Technik develops virtual fitting technology for aircraft

Lufthansa Technik AG has developed a new method for significantly shortening the “Fitcheck”, and has filed a patent application for significant elements of it. The “Virtual Fitcheck” will revolutionize today’s normal practice, under which the various elements of the cabin installation have to be trial-fitted in the real aircraft in a time-consuming process. The new …

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SmartStem Wireless Tire Pressure System to be certified for Dassault Falcon 20 and 50

Crane Aerospace & Electronics has announced the 2012 release of a Supplemental Type Certificate (STC) for its SmartStem Wireless Tire Pressure System to be fitted on Dassault Falcon 20 and 50 business jets. Starting in 2012, STC retrofit kits for this equipment will be available exclusively through Dassault Falcon Jet Corp. SmartStem Tire Pressure Sensors …

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