8 March 2012

FAA grants 330-minute ETOPS Approval to GEnx-1B PIP engine

The U.S. Federal Aviation Administration (FAA) has granted 330-minute extended-range, twin-engine operations (ETOPS) Approval to 14 CFR Part 33.201 for the GEnx-1B Performance Improvement Program (PIP) engine, which will power the Boeing 787 Dreamliner aircraft. This follows the 330-minute ETOPS approval that was granted to the GEnx-1B baseline engine late last year. The FAA approval

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Corsairfly selects IFE Services as inflight entertainment provider

IFE Services has been selected by Corsairfly as its inflight entertainment (IFE) provider. The agreement means that IFE Services will provide the French airline with a regularly updated package of entertainment content for passengers to enjoy across the fleet’s digital AVOD (audio and video on demand), overhead and portable handheld systems. Corsairfly operates scheduled flights

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Rolls-Royce starts work on new service centre at Heathrow

Rolls-Royce has commemorated the start of construction for a new London Heathrow Service Centre with a ground breaking ceremony on March 8th. The new facility will provide specialist maintenance and support services for commercial aero engines. When fully operational, the new facility will employ up to 80 people, with 40 transferring from the existing Rolls-Royce

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DVB posts consolidated net income before taxes of €147.7m

DVB concluded 184 new transactions with an aggregate volume of €5.6bn and a risk-adequate average interest margin of 313 basis points (2010: 140 new transactions, €4.4bn, 327 basis points). Thanks to the higher new business originated and due to the sale of container boxes by a shipping investment fund managed by DVB, net interest income

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EADS reports better than expected full year 2011 results

EADS’ revenues increased 7% to €49.1bn (FY 2010: €45.8bn). This growth is driven by volume and mix effects at Airbus and the increase of commercial activity at Eurocopter. EBIT before one-off (adjusted EBIT) stood at around €1.8bn (FY 2010: €1.3bn) for EADS and at around €0.5bn for Airbus (FY 2010: around €0.3bn). Net Income increased

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Silver Airways continues fleet expansion with acquisition of six additional Saab 340's

Silver Airways has reached an agreement with Saab Aircraft Leasing to purchase six additional Saab 340Bplus aircraft. Financial terms were not disclosed. This latest acquisition brings the total number of Saab 340’s to 12 in the Silver Airways fleet. Silver Airways will integrate all 12 Saab 340Bplus’ into its fleet by September 2012. Each aircraft

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Boeing completes light testing for certification of 787s with GE Engines

Boeing has completed all flight tests expected to be required for type certification of the 787-8 Dreamliner with General Electric GEnx engines. This marks the end of all certification flight testing associated with the baseline model of the 787. Testing on engine and airframe improvements will continue as needed, as it does for all airplane

Boeing completes light testing for certification of 787s with GE Engines Read More »

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