1 February 2012

Spirit Airlines firms up 75 A320 Family order including 45 A320neo

Spirit Airlines has finalised its firm order for 75 Airbus single-aisles including 45 A320neo aircraft. The original Memorandum of Understanding (MoU) was announced at the 2011 Dubai air show. The airline has not yet announced its engine selection. Spirit’s order for 45 A320 neo aircraft was booked in December 2011. The firming up of the […]

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GE and StandardAero open new aircraft engine testing, research and development centre

GE Aviation and StandardAero announced the opening of the new $50m aircraft engine testing, research and development centre (TRDC) in Winnipeg. The announcement caps off a 12-month developmental partnership launched in February 2011 between the two companies. The new centre will perform icing certification testing on GE’s jet engines, as well as develop advanced testing

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B/E Aerospace reports fourth quarter and full year 2011 results

B/E Aerospace released that for the year ended December 31, 2011, revenues of $2.5bn increased 26.0% as compared with the prior year. Organic revenue growth, excluding acquisitions, was approximately 16.5%. For the year ended December 31, 2011, operating earnings of $428.0m increased 35.4% as compared with the prior year. Operating margin in the current period of 17.1%

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LAN Airlines reports US$112.5m net income for fourth quarter 2011

 LAN Airlines S.A. reported net income of US$112.5m for the fourth quarter of 2011, a decrease of 31.6% compared to the US$164.6m reported in fourth quarter 2010. Results in the fourth quarter 2011 reflected costs related to the startup of LAN’s operations in Colombia and the ongoing effects of the volcanic ash cloud on domestic operations

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Hawaiian Holdings reports full year 2011 net loss of $2.6m

For the full year 2011, Hawaiian Holdings reported consolidated net loss of $2.6m on total operating revenue of $1.65bn. This compares with net income of $110.3m on total operating revenue of $1.31bn for the full year 2010. Reflecting economic fuel expense and excluding non-recurring lease termination charges related to the purchase of 15 Boeing 717-200 aircraft

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Dowty Propellers opens Brisbane repair facility

Dowty Propellers, a part of GE Aviation, opened a repair facility in Australia on January 3rd 2012, to support operators of Bombardier Q400 aircraft in the region. The 19,100 ft² site is certified to Civil Aviation Safety Authority of Australia (CASA) and European Air Safety Authority (EASA) standards, and located at Brisbane airport. This marks a long- term investment to

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Apple Aviation Group sign Line Maintenance support contract with Strategic Airlines

Apple Aviation Group, an EASA approved organization based in the UK, signed Line Maintenance support contract with Strategic Airlines, for their three A320 aircraft based at Manchester Airport UK. Furthermore Apple Aviation Group signed a contract to support Masterjet VVIP A320 operation out of Paris LBG.

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