EADS reported increased revenues and profitability for the first half of 2013, driven mainly by its commercial aircraft business. Order intake increased sharply to €96.6bn with the order book value reaching €634.8bn at the end of June. The reported EBIT amounted to €1.5bn with a half-year Net Cash position of € 5.9bn. In the first […]
EADS reports solid half-year results, changes name to Airbus Read More »
Boeing is enhancing its flight training support for customers of the 787 Dreamliner with an additional 787 full-flight simulator at the Boeing Flight Services campus in London. The new device, ready for training in the first quarter of 2014, will join two other 787 flight simulators currently used for training airline pilots at the London
Boeing expands 787 flight training support in Europe Read More »
As part of the recently launched plan to improve the financial position of SAS Group, 4 Excellence Next Generation, SAS has now finalized the sale and leaseback of six Boeing 737-600´s to Deucalion Capital X Limited (advised by the German Bank DVB Bank SE) and the Irish based engine leasing company ELFC (Engine Lease Finance
SAS Group finalizes sale and leaseback of six aircraft Read More »
Avcorp Industries released that International Association of Machinists and Aerospace Workers Local Lodge 11 have ratified a new 6 year collective agreement contract with the Company on July 30th, by a two-thirds majority. This six year agreement provides improvements to base wage rates each year and improvements to benefits, as well as incentives for early
Avcorp and IAMAW sign six year collective agreement Read More »
FLY Leasing has taken delivery of a new Boeing 777-300ER aircraft on a purchase and leaseback transaction with LATAM Airlines Group (“LATAM”). Additionally, FLY has entered into a purchase and leaseback agreement with LATAM for a new Boeing 787-8 aircraft scheduled for delivery in September 2013.
FLY Leasing acquires one new B777-300ER, agrees to acquire a B787-8 Read More »
IFE Services released that it is Germania’s new passenger entertainment provider. IFE Services will provide the Berlin-based carrier with a regularly updated package of Hollywood movies, popular TV programmes and great music for the enjoyment of passengers across the airline’s entire fleet. All content will be available in German and English.
Germania chooses IFE Services for passenger entertainment Read More »
SAS (Scandinavian Airlines System Denmark -Norway- Sweden) has on 30 July 2013 managed to accomplish a private placement of €35m. The private placement is unsecured and has a 5 years term. The funds will be used to support SAS’ longer term liquidity level and be used to pay off upcoming unsecured maturing debt. The private
SAS accomplished unsecured private placement of €35m Read More »
AerData, a provider of software and services for the aviation industry announced that Boeing will use STREAM records management solution in support of its GoldCare program for airline fleet maintenance. STREAM (Secure Technical Records for Electronic Asset Management) is the industry’s foremost web-based solution used by the world’s leading airlines, lessors and MROs to manage
Boeing Goldcare selects AerData's STREAM records management solution Read More »
Reliance Aircraft International, Austin, TX is disassembling an ex-Gulf Air 767-300ER, -80C2 power (24485). Terry Hix, President states “This will be the 10th aircraft disassembled by RAI since its company launch in 2011. RAI’s diverse inventory along with the extensive knowledge of both Boeing and Airbus aircraft by our team allows us to support a
Reliance Aircraft International disassembles ex-Gulf Air 767-300ER Read More »
PEMCO World Air Services announced the approval of its Boeing 737 300/400 passenger to freighter modifications by ANAC (Agência Nacional de Aviação Civil), Brazil. Expansion into Brazil adds to PEMCO’s global reach and represents the 30th major national aviation authority certification of its industry-leading 737-300/400 Freighter, Combi and Quick Change products. Approval by ANAC was
ANAC Brazil approves PEMCO 737 Freighter STC’s Read More »
