January 19, 2012

Zodiac Aerospace completes acquisition of Contour Aerospace

Zodiac Aerospace has completed the acquisition of Contour Aerospace from PAIG Investments Limited, an investment vehicle controlled by the RBS Special Opportunities Fund. With facilities in Cwmbran and Camberley in the UK, Contour Aerospace employs around 1,300 people and reported revenue of approximately £130m in 2010. This acquisition will enable Zodiac Aerospace to strengthen its […]

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Cessna Citation Ten prototype makes first flight

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Cessna Aircraft Company released that the Citation Ten prototype made its first flight January 17th. The flight lasted more than two hours and included tests of stability and control, handling qualities, functional operations including the autopilot and autothrottle system, engine operability and avionics before landing at Wichita, Kan. Mid-Continent Airport (ICT) where Cessna’s main manufacturing facility

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Aeroturbine signs A320 material support agreement with Czech Airlines Technics

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AeroTurbine, a wholly owned subsidiary of International Lease Finance Corporation (ILFC), has entered into an exclusive three-year Supply Chain Agreement supporting the pool access for CFM56-5B engine LRUs for the fleet of Czech Airlines, Holidays Czech Airlines and other third-party customers of Czech Airlines Technics.

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Goodrich and BA CityFlyer sign nacelle services agreement

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Goodrich Corporation has signed a nacelle services agreement with BA CityFlyer for support of nacelles and thrust reversers in the airline’s fleet of Embraer 190 aircraft powered by General Electric CF34-10 engines. The five-year Prime Solutions® nacelle services agreement will be managed through Goodrich’s Prestwick Service Center in Scotland, which will provide local support to

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Rockwell Collins reports first quarter 2012 income of $130m

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Rockwell Collins reported first quarter fiscal year 2012 income from continuing operations of $130m compared to $150m in the same period last year. Prior year results included a favorable impact to income tax expense of $21m related to differences in the availability of the Federal R&D Tax Credit. The company reported total sales of $1.1bn

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AeroThrust to establish MRO facility in Bahrain

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AeroThrust Holdings, USA, has formally concluded a joint venture agreement with Bahraini partners to establish AeroThrust Gulf Aviation Services W.L.L, in Bahrain. This follows a proactive outreach and consultation process by the Bahrain Economic Development Board (EDB), to support the decision to invest in Bahrain, as well as continuing support around the registration process. This joint venture

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Southwest Airlines reports fourth quarter results

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Southwest Airlines reported that fourth quarter 2011 net income was $152m, which included $86m (net) of favorable special items. This compared to net income of $131m for fourth quarter 2010, which included favorable special items totaling $16m (net). Excluding special items, fourth quarter 2011 net income was $66m, compared to net income of $115m in

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Avinco places 737-800 with Transaero

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Avinco has arranged the sale of a 1999 vintage Boeing 737-800 aircraft MSN30498 to Transaero on behalf of a Japan based fund. The aircraft was leased to Air Berlin and sold directly to Russia-based airline Transaero upon expiration of the Air Berlin lease. Avinco was working under an exclusive remarketing mandate on behalf of the

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Zodiac Aerospace completes acquisition of Contour Aerospace

Cessna Citation Ten prototype makes first flight

Aeroturbine signs A320 material support agreement with Czech Airlines Technics

Goodrich and BA CityFlyer sign nacelle services agreement

Rockwell Collins reports first quarter 2012 income of $130m

AeroThrust to establish MRO facility in Bahrain

Southwest Airlines reports fourth quarter results

Avinco places 737-800 with Transaero

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19 January 2012

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