Amavco, Inc., a privately held U.S. Company, announced completion of the acquisition of Field Aviation Company Inc. from Hunting, PLC, effective April 27, 2012. Established in 1947 in Calgary, Alberta, Field Aviation is an international Aircraft Modification and Parts Manufacturing company with locations in Toronto, Ontario and Calgary, Alberta as well as Seattle, Washington and […]
Amavco acquires Field Aviation from Hunting PLC Read More »
Astronics Corporation released that sales in the first quarter of 2012 were $65.1m, up $10.0 million, or 18.2%, from the prior year first quarter sales of $55.1 million. Aerospace sales, which represented approximately 95% of total first quarter sales, increased 23.5% over the prior year period to $62.0m. Test Systems sales decreased to $3.1m for
Astronics Corporation reports net income up 17.0% Read More »
US Airways reported that it priced two offerings of enhanced equipment trust certificates (the “Certificates”) in the aggregate face amount of approximately $623m. The Company intends to use the proceeds from the offerings to refinance two Airbus aircraft currently owned by US Airways, to finance the Company’s purchase of twelve Airbus aircraft scheduled to be
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WestJet reported record first quarter 2012 net earnings of $68.3m, up from net earnings of $48.2m reported in the first quarter of 2011. Total revenues increased 15.3% to $891.0m in the first quarter. WestJet’s operating cash flow per share was $1.87, an increase of 31% year over year. Based on the trailing twelve months, the
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VAS Aero Services, a global leader in aviation logistics and aftermarket services, and British Airways Engineering, a leading provider of Maintenance, Repair & Overhaul (MRO) services and part of the International Airlines Group (IAG), have announced a multi-million dollar, multi-year strategic aftermarket alliance. The two-way partnership spans inventory warehousing and distribution, repair services and aircraft
Britsh Airways Engineering and VAS Aero announce strategic alliance Read More »
Building on its established track record of providing comprehensive rate-per-flying-hour programmes for its aircraft, BAE Systems Regional Aircraft announced an extension to the BAe 146/Avro RJ components covered with two new contracts secured with leading European airlines. BAE Systems has reached agreement with Swedish carrier Malmö Aviation to provide rate-per-flying-hour coverage for the Honeywell GTCP36-150M
BAE Systems extends BAe 146/Avro RJ rate-per-flight-hour coverage Read More »
BAE Systems Regional Aircraft’s new spares delivery service – ‘Parts Plus’ – which was designed, initially, to appeal to new operators of the BAe 146/Avro RJ regional jet – is now being rolled out to more established operators of the aircraft. The first major airline customer to sign up for the service is Airlink of
BAE Systems Regional Aircraft wins new customers for ‘Parts Plus’ programme Read More »
WestJet has selected Bombardier to supply aircraft for its new regional airline, expected to launch in the second half of 2013. The airline will fly the Bombardier Q400 NextGen to new cities, existing destinations not currently connected by WestJet, and will allow for schedule improvements on certain routes where a smaller aircraft can efficiently provide
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Romanian aerospace company Aerostar S.A, reported that a new hangar it is building at its Bacau location, will double its commercial aviation MRO capacity. The hangar, which is now substantially complete, is having its utilities and equipment installed and will be ready for opening within the next few weeks. The new 5000 m² hangar can
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US based, Gama Support Services, a Gama Group Company, announced its plans to expand its US based MRO business for corporate aircraft maintenance and support. Gama has been intensively building the infrastructure for this effort since 2009 with the creation of three separate FAA and EASA approved Part 145 Certified Repair Stations located in Bridgeport,
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