Willis Lease Finance Corporation reported that following a $15.4m charge for extinguishment of debt and derivatives termination, it lost $8.0m in the third quarter of 2012. In the second quarter of 2012, net income available to common shareholders was $2.4m and $1.5m in the third quarter a year ago. In the first nine months of […]
Willis Lease Finance reports third quarter 2012 results Read More »
AgustaWestland announced that Brunei Shell Petroleum Company Sdn Bhd (BSP) has signed a contract for two AW139 intermediate twin engine helicopters. The aircraft will be used to perform offshore transport missions from Anduki base. The helicopters are expected to be delivered in mid 2013. The contract also includes a comprehensive power-by-the-hour support and training package
Brunei Shell Petroleum orders two AW139 Helicopters Read More »
Aircastle reported a third quarter 2012 net loss of $45.8m and an adjusted net loss of $37.5m. The third quarter results included total revenues of $172.9m, an increase of 22%, versus $141.5m in the third quarter of 2011. The third quarter 2012 results also include $78.7m of non-cash impairment charges against 15 older technology aircraft,
Aircastle posts third quarter net loss of $45.8m Read More »
Astronics Corporation reported consolidated sales for the third quarter of 2012 increased by 22.2% to $68.9m, including $4.1m associated with acquisitions, compared with $56.4m for the same period last year. Aerospace sales increased by $12.3m and Test Systems sales increased by $0.2m. Consolidated sales for the first nine months of 2012 increased by 19.2% to
Astronics Corporation reports 22% revenue growth in third quarter 2012 Read More »
For the month of October 2012 Allegiant reported traffic increase of 18.3% compared to the same month in 2011, capacity increased 21.9% year over year, while the load factor decreased 2.6 points to 88.2%.
Allegiant reports October 2012 traffic Read More »
For the month of October, Air Canada reported a system load factor of 82.9%, versus 79.4% in October 2011, an increase of 3.5 points. System traffic increased 4.9% on a system-wide capacity increase of 0.4%. Air Canada reports traffic results on a system-wide basis, including regional airlines from which Air Canada purchases capacity.
Air Canada reports October load factor of 83% Read More »
Etihad Airways Chief Operations Officer, Captain Richard Hill, has turned the first sod to mark the construction of a US$15.3m extension to the airline’s Flight Training Centre at its Abu Dhabi headquarters. The new 5,300 m² metre facility will house six flight simulator training bays, classrooms for pilot and cabin crew training, pilots’ briefing and
Etihad Airways breaks ground on flight training centre extension Read More »
Boeing and Aeromexico finalized an order for 60 737 MAX 8s and 9s, with reconfirmation rights for 30 additional 737 MAXs. The firm order by Mexico’s largest airline, which was first announced as a commitment in July, is valued at more than $6bn at published list prices.
Aeromexico finalizes order for 737 MAX 8s and 9s Read More »
