11 November 2011

Air Lease Corporation reports third consecutive quarter of profitability growth

For the three months ended September 30, 2011, Air Lease Corporation reported consolidated net income of $18.3m, compared to a consolidated net loss of $7.7m for the three months ended September 30, 2010. The increase in net income for 2011, compared to 2010, was primarily attributable to the acquisition and lease of additional aircraft. For […]

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Bristow Group signs contract for six AW189 Helicopters

AgustaWestland and Bristow Group have signed a contract for six AW189 helicopters plus options for additional aircraft. The aircraft will be used to perform offshore transport missions. The contract marks a further expansion of the fleet of AgustaWestland helicopters operated by Bristow, which already has AW139s operating globally, and strengthens the already excellent relationship with AgustaWestland.

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Boeing and Hawai'i BioEnergy to work on renewable biofuel

Boeing announced a collaborative agreement to work with Hawai’i BioEnergy on renewable energy sources for creating aviation fuel. The two companies signed a memorandum of understanding which highlights how they will work together to identify biofuel sources and supporting technologies for producing sustainable jet fuel in Hawaii. Boeing and Hawai’i BioEnergy will look at various crops including sorghum and eucalyptus as potential

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