14 May 2013

EADS reports improved first quarter results 2013

EADS achieved a solid start to 2013, with first quarter revenues and profitability driven by commercial aircraft deliveries. Order intake rose sharply to €49.9bn while the order book had reached €614.3bn at the end of the first quarter. The reported EBIT amounted to €596m with a Net Cash position of €9.2bn at the end of

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Turkish Airlines finalizes order for 50 737 MAXs, 20 Next-Generation 737s

Turkish Airlines finalized a firm order for 40 737 MAX 8s, 10 737 MAX 9s and 20 Next-Generation 737-800 jets, valued at $6.9bn at list prices. The order, originally announced as a commitment last month, also includes options for an additional 25 737 MAX 8s and is the largest Boeing order in Turkish Airlines’ history.

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AMAC Aerospace’s Turkish facility achieves EASA Part-145 approval

AMAC Aerospace Turkey has been awarded its EASA Part 145 certification by the European Aviation Safety Agency. The approval enables AMAC Aerospace Turkey to undertake all base and line maintenance on aircraft under 5700kg including the Pilatus PC-12 NG. AMAC Aerospace Turkey will serve as the maintenance service centre base for owners of PC-12 NG

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Copa Holdings reports net income of US$113.8m for 1st quarter of 2013

Copa Holdings reported net income of US$113.8m for 1Q13, excluding special items, Copa Holdings would have reported an adjusted net income of $124.4, a 37.3% increase over adjusted net income of US$90.6mo for 1Q12. Operating income for 1Q13 came in at US$142.6m, a 27.9% increase over operating income of US$111.6m in 1Q12. Operating margin for

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Boeing delivers first direct purchase 767-300ER to MIAT Mongolian Airlines

Boeing delivered a 767-300ER (extended range) to MIAT Mongolian Airlines on May 13th, the first-ever direct purchase delivery to the airline. Mongolia’s flag carrier completed a historic order in 2011 at the U.S. State Department in Washington, D.C., marking the first time in more than two decades that the airline extended its route network by

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Allied Air orders three AEI B737-400SF 11 pallet conversions

Aeronautical Engineers (AEI) has been selected by Allied Air of Nigeria to provide two firm B737-400SF 11 Pallet Configuration conversions, with an option for one additional conversion. The first aircraft is a high gross weight B737-400 (MSN 26081) built in 1993 will undergo freighter modification in June of 2013 at AEI’s Authorized Conversion Center, Flightstar

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