21 February 2013

Safran posts record 2012 results

Full-year 2012 adjusted revenue was €13,560m, up 15.5% year-on-year (8.6% organic). Adjusted recurring operating income of €1,471m (10.8% of revenue), rose 23.7% year-on-year. After a net charge of €(50)m for one-off items, mainly related to M&A transaction and integration costs, adjusted profit from operations was €1,421m. Adjusted net income – group share up 55% from […]

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Bombardier's profit falls

Bombardier Aerospace’s revenues amounted to $2.6bn for the three-month period ended December 31, 2012, compared to $2.0bn for the corresponding period last fiscal year. For the year, revenues totalled $8.6bn, the same level as last fiscal year. EBIT before special items totalled $382 million, or 4.4% of revenues, for the year ended December 31, 2012,

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Rolls-Royce completes T56 engine enhancement testing

Rolls-Royce and the United States Air Force (USAF) have completed the final element of testing for the Series 3.5 enhancement for the T56 engine, leading to military qualification and FAA certification later this year. Accelerated Mission Testing (AMT) was successfully completed ahead of schedule last month and proved the durability of the new blades, vanes

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FL Technics, SCAC and SuperJet International sign M.o.U for MRO Services on SSJ100 fleet

FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, and Sukhoi Civil Aircraft Company (SCAC), the Russian civil aviation manufacturer and the developer of the Sukhoi Superjet 100 project, along with SuperJet International, a joint venture between Alenia Aermacchi, a Finmeccanica Company, (51%) and Sukhoi Holding (49%), managing SSJ100 sales and

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UTC Aerospace Systems selected by Thai Airways for wheels and carbon brakes

UTC Aerospace Systems has been selected by Thai Airways International to supply the wheels and carbon brakes for its new fleet of 14 Boeing 777-300ER aircraft. UTC Aerospace Systems will provide the equipment through its Wheels & Brakes business in Troy, Ohio. The first aircraft was delivered in August 2012. The 777-300ER carbon brakes, delivered

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Transport Canada certifies Pratt & Whitney PurePower PW1500G engine for Bombardier CSeries aircraft

Pratt & Whitney has successfully achieved Transport Canada type certification of its first PurePower Geared Turbofan engine – the PW1500G engine that will power Bombardier’s CSeries aircraft. Pratt & Whitney has conducted over 4,000 hours of rigorous engine testing since the initial engine began testing in September 2010. The PW1500G engine test program included 340

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Pratt & Whitney F117 engines surpass 10 million flight hours on C-17 fleet

Pratt & Whitney’s F117 engine, the exclusive power for the Boeing C-17 Globemaster III airlifter, recently exceeded 10 million engine flight hours. At the same time, the C-17 exceeded 2.5 million flight hours while supporting military and humanitarian mission in support of U.S. and allied troops around the globe. Since 2006, Pratt & Whitney’s F117

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Aircastle announces fourth quarter and full year 2012 results

Aircastle Limited reported fourth quarter 2012 net income of $29.8m and adjusted net income of $36.4m. Net income for the year ended December 31, 2012 was $32.9m and adjusted net income was $57.0m. The fourth quarter results included total revenues of $176.6m an increase of 13%, versus $156.9m in the fourth quarter of 2011. For

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