In accordance with Premium AEROTEC’s supervisory board, Dr. Dieter Meiners, Chief Operating Officer (COO) of Premium AEROTEC and Member of the company’s board of management, resigns from his mandate with immediate effect and will leave the company.
Dieter Meiners resigns from Premium AEROTEC’s board of management Read More »
Virgin America reported its financial results for the third quarter of 2011. During a period of significantly higher fuel prices, Virgin America reported a $16.2m operating profit for the quarter, resulting in a 6% operating margin. The airline achieved strong revenue growth, with a 44%increase in operating revenue as compared to the third quarter of 2010.  Virgin America reported a $3.3
Virgin America reports third quarter 2011 financial results Read More »
Saab Aircraft Leasing (SAL) announced five transactions of Saab aircraft with a total value of approximately $60m (approximately MSEK 400). The transactions will generate a capital gain of approximately MSEK 100, of which MSEK 40 will be recorded in the fourth quarter of 2011 and MSEK 60 in the first half of 2012. The transactions include
Saab announces transactions for civil aircraft Read More »
Boeing’s Defense, Space & Security business has signed Memoranda of Understanding (MOUs) with two Brazilian companies: MSM Powertrain and Pan Metal Industria Metalurgica. The MOUs outline plans for each company to explore work opportunities with Boeing and its industry partners in the following areas: MSM: logistics services, ground support equipment, engineering support Pan Metal: assembly, subsystem
Boeing, Brazilian companies sign MOUs to explore business opportunities Read More »
CITIC Offshore Helicopter has ordered seven EC225 LP long-range helicopters in a new agreement with Eurocopter that also paves the way for future joint ventures involving the two companies in training and maintenance services to serve China’s rapidly-developing rotary-wing market. The EC225 LP Super Pumas acquired in this latest order will be delivered by Eurocopter
Tanzanian carrier Precision Air Services and ATRÂ announced the signature of a contract for the purchase of four ATR 42-600s and one ATR 72-600 aircraft. The deal is valued at $9m. Delivery of the 50-seat ATR 42-600s will start in late 2012. The ATR 72-600 will be delivered in 2014. With this acquisition, Precision Air Services
Precision Air Services signs contract for 5 ATR -600s Read More »
The 2008 contract between AFI KLM E&M and Afriqiyah Airways has been reactivated following an amendment signed in November this year. The agreement still involves pool access and component repairs for the Libyan carrier’s A320 and A330 fleets. The contract includes the maintenance checks on these same aircraft.
AFI KLM E&M and Afriqiyah Airways resume cooperation Read More »
