24 July 2013

Frontier Airlines’ newest aircraft features sharklets

Frontier Airlines recently added its newest aircraft to its fleet, an Airbus A320 with sharklets. The sharklets, which are eight foot tall wingtip devices, help save fuel and enhance the overall efficiency of the aircraft. The sharklets are expected to save up to four percent, or up to $400,000 per year in fuel burn by […]

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Apollo Aviation Group promotes Marcus Miller to Business Manager

Apollo Aviation Group, an international full service aviation asset manager, has promoted Marcus Miller from Contracts Manager to Business Manager, responsible for the general management of Apollo Aviation’s Dublin office, headquarters for the firm’s origination activities. Mr. Miller’s role involves overseeing the firm’s financial analysis, credit analysis, consignment analysis and tax teams, all of which

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TAG Farnborough Engineering named GE Authorized Service Center for CF34-3 engines

GE Aviation has named TAG Farnborough Engineering as an authorized service center for GE’s CF34-3 engines that power the Bombardier Challenger series. Under this agreement, TAG Farnborough Engineering can perform engine line maintenance, as well as provide OnPoint solution agreement and warranty support and facilitate access to both GE parts and technical support. TAG Farnborough

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MTU Aero Engines revises guidance at half-year

MTU Aero Engines increased its revenues by 19 % to €1,852.2m in the first six months of 2013 (1-6/2012: €1,559.0m). Operating profit for the period came to €171.7m (1-6/2012: €175.8m), which corresponds to an EBIT margin of 9.3 % (1-6/2012: 11.3 %). The group’s net income amounted to €105.1m, compared with €109.7m in the first

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