2 August 2012

Lufthansa Technik Component Services expands offer for North American market

Lufthansa Technik Component Services (LTCS), headquartered in Tulsa, Oklahoma, has significantly expanded its portfolio of technical services for aircraft components and plans to grow even further. LTCS has bundled all its services for the repair and supply of aircraft components at this site in the heart of the American continent, with the result that the […]

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Emerge Aviation signs sales and marketing agreement with Tyrolean Jet Services

Newly formed aviation sales and marketing and consultancy company Emerge Aviation has signed a sales and marketing agreement with Austrian based Tyrolean Jet Services to provide sales and marketing services in the Middle East. The agreement will provide Tyrolean Jet Services coverage in the Middle Eastern territory giving greater exposure to their aircraft management and

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IRKUT selects Maintenix Software for MS-21 after-sales support program

Mxi Technologies, a leader in aviation maintenance management software, released that IRKUT, one of Russia’s leading aircraft manufacturers, has signed a memorandum of understanding (MOU) for the provision of Maintenix in support of the organization’s single-aisle MS-21 aircraft after-sales support program. Beginning with the MS-21 fleet, this agreement will help to define future after-market support

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Lufthansa posts first half 2012 net loss of €168m

Deutsche Lufthansa AG reported an upward trend in earnings performance in the second quarter of this year. In the period from April to June, the Group earned an operating profit of €361m, nearly making up the loss sustained in the first quarter. Positive factors included consistent capacity and yield management in passenger and cargo traffic,

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Aircastle posts second quarter 2012 net income of $16.3m

Aircastle released that lease rental revenues for the second quarter were $153.6m, up $10.3m, or 7%, year over year, due primarily to an increase of $27.0m from aircraft acquisitions, partially offset by lower revenues from aircraft sold of $8.5m and lease extensions, transitions and terminations of $8.2m. Total revenues for the second quarter were $172.2m,

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Spirit AeroSystems Holding reports second quarter 2012 financial results

Spirit AeroSystems Holdings, reported second quarter 2012 financial results reflecting solid core operating performance, continued strong demand for large commercial aircraft, and the impact of unusual charges. Spirit’s second quarter 2012 revenues were $1.341bn, down from $1.466bn for the same period of 2011 as the previous period included recognition of deferred revenue associated with the

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Gama Aviation FZE achieves UAE GCAA CAR Part M Maintenance Management Approval

Gama, the global business aviation and services group reported that the United Arab Emirates General Civil Aviation Authority (‘UAE GCAA’) has approved Gama Aviation FZE as one of the first UAE based business jet operators to achieve CAR Part M Continued Airworthiness Maintenance Management Organisation certification. CAR Part M is the latest continued airworthiness management

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TAE adds new turbine engine light maintenance capability in Brisbane

Following on from the opening of Australia’s newest engine maintenance and test facility for turboprop engines and APUs in Adelaide on 27th July, TAE announced the addition of a new PT6 engine maintenance capability at Brisbane Airport. TAE now offers customers a ‘light’ maintenance capability, including hot section and power section repairs for all PT6

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Boeing and EL AL finalize order for two additional 737-900ERs

Boeing and EL AL announced that the Israeli national carrier has finalized an order for two additional Next-Generation 737-900ERs (Extended Range), adding to EL AL’s previous order in March 2011, bringing the total number to six 737-900ERs on order. The two-airplane order is valued at approximately $179.2m at current list prices.

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