United Airlines (UAL) reported third-quarter 2013 net income of $590m, an increase of 13.5% year-over-year, excluding $211m of special charges. Including special charges, UAL reported third-quarter 2013 net income of $379 million. UAL generated $10.2bn of revenue in the third quarter of 2013 and ended the third quarter with $6.7bn in unrestricted liquidity.
United announces third-quarter 2013 profit Read More »
Lucy Newman has been appointed in to the new position of Asset Manager responsible for the purchase and management of all Avtrade inventory. Committed to the development of enthusiastic and talented individuals Lucy is testament to the career opportunities provided to those at Avtrade with the skills, ability and motivation to succeed. Lucy joined Avtrade’s
Avtrade appoints new Asset Manager Read More »
Component Control released that Skyservice, a canadian leader in business aviation services, has tripled its footprint of Quantum ControlTM across all of its FBO and maintenance services for business aviation. With facilities in Montreal, Toronto, and Calgary, Skyservice is dedicated to the core business pillars of Aircraft Charter Services, Fixed Base Operations, Maintenance, HondaJet Sales
Skyservice FBO expands usage of Quantum Control MRO & Logistics Software Read More »
MacCarthy Aviation Holdings announced that the business and assets has been purchased by Berwick Industries, part of the Berwick Group with the new company trading under the name of ‘MAC Interiors’ with immediate effect. The sale, completed at the beginning of October, is a major step forward for the business which has a good order
MacCarthy Aviation Holdings under new ownership Read More »
Hong Kong Aircraft Engineering Company (HAECO) has entered into a conditional stock purchase agreement for the acquisition of TIMCO Aviation Services for a cash consideration of US$388.8m, subject to closing adjustments. TIMCO is a U.S. based provider of aircraft maintenance, repair and other services. The Seller is a company controlled by investment vehicles managed by
HAECO to acquire TIMCO Aviation Services Read More »
BOC Aviation has delivered the last of the eight 777-300ERs ordered from Boeing for long-term lease to Thai Airways (THAI). The aircraft, powered by GE90 engines, delivered over the period to October 2013. The lease transaction, announced in November 2010, marked the first time BOC Aviation had worked with the Thai national carrier.
BOC Aviation delivers last of eight Boeing 777-300ER aircraft to Thai Airways Read More »
Eurocopter has provided the initial EC130 T2 to a customer in Kazakhstan, introducing this enhanced version of its single-engine EC130 helicopter to the Commonwealth of Independent States (CIS) and further expanding the company’s presence in a region where demand for rotorcraft is rapidly growing. The milestone EC130 T2 is configured for passenger transport, and was
First delivery of a Eurocopter EC130 T2 to Commonwealth of Independent States Read More »
Business Aviation Asia (BAA), an aircraft management company specializing on the Greater China market with bases in mainland China and Hong Kong, has become the launching customer for Lufthansa Technik’s new global technical support package for VIP and executive jet operators. As a leading provider of technical services for commercial, VIP and executive jets, Lufthansa
Lufthansa Technik provides global technical support for Asian customer Read More »
The Passport engine for the Bombardier Global 7000 and Global 8000 aircraft incorporates ceramic matrix composite (CMC) material and a unique blade surface that will improve performance, reduce fuel burn and enhance durability. “GE Aviation invests close to $1bn annually on research and development of advanced technologies and materials, and the Passport engine is benefitting
Advanced material and finishing technique make debut on Passport engine Read More »
GE Honda Aero Engines has completed all U.S. Federal Aviation Administration (FAA) certification testing on its HF120 engine, with all certification reports submitted. GE Honda anticipates receiving type certification by year end. The HF120 engine program involved 13 certification ground-test engines in addition to flight-test engines that accumulated more than 12,000 cycles and more than
GE Honda Aero Engines completes certification testing on HF120 engine Read More »
