8 November 2013

AeroCentury reports third quarter 2013 net loss of $0.3m

AeroCentury, an independent aircraft leasing company, reported its operating results for the third quarter ended September 30, 2013. The Company reported a net loss of $0.3 million for the third quarter of 2013, compared to net income of $1.1m for the third quarter of 2012. The Company reported net income of $4.6m for the nine […]

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A320neo programme starts first major-component assembly

Airbus has achieved assembly of the engine pylon for the first A320neo to fly. The pylon, which has just been completed at the dedicated pylon facility in St Eloi in Toulouse, is the first major airframe component assembly to take place for the NEO programme. In parallel with this pylon construction, other major NEO components

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Second Boeing 787-9 Dreamliner takes to the skies

The second Boeing 787-9 Dreamliner completed a successful 4-hour, 18-minute first flight on November 7th. As the only 787-9 test airplane to be fitted with elements of the passenger interior, ZB002 will test systems such as the environmental control system in addition to avionics and other aspects of airplane performance. Boeing has conducted a series

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Willis Lease Finance Reports YTD net income of $9.1m

Willis Lease Finance Corporation (WLFC) reported net income attributable to common shareholders was $9.1m for the first nine months of 2013, compared to a loss of $3.0m in the first nine months of 2012. A significant improvement in portfolio utilization in the current quarter was overshadowed by asset write-downs and engine repair expenses. In the

Willis Lease Finance Reports YTD net income of $9.1m Read More »

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