IAI reported net profits for the 3rd quarter increased to $57.9m, compared to $37.5m in the 3rd quarter of 2012 – an increase of 54%. Profit before tax totaled $80.7m, compared to $50.3m in the parallel period of last year – an increase of 61%. Company revenues for the 3rd quarter of 2013 were the […]
IAI releases improved financial results for 3rd Quarter of 2013 Read More »
Air Lease Corporation announced the long term lease of one new Boeing 737-800 jet aircraft to Okay Airways, based in Beijing, China. The aircraft is scheduled for delivery to Okay Airways in June, 2015.
Air Lease Corporation announces lease placement with Okay Airways Read More »
EADS reported higher revenues and profits for the first nine months of 2013, driven by the strong momentum within its commercial aircraft activities. Order intake more than doubled to €138.2bn with the order book value reaching €642.5bn at the end of September. The Net Cash position was €5.2bn on 30 September, 2013. Over the first
EADS reports improved nine-months Read More »
On November 14th, 2013, Emirates took delivery of a further Airbus A380-861. The aircraft, bearing the manufacturer’s serial number 134, is owned by a subsidiary of Doric Nimrod Air Three Limited and leased to Emirates. This Airbus is the 116th A380 to have been delivered so far. Doric’s asset management portfolio now comprises 38 aircraft,
Doric aircraft portfolio increases to 38 Read More »
AFI KLM E&M appointed Didier Verté VP Sales, Africa-Middle East. With a degree in Engineering, Didier Verté began working at AFI KLM E&M in 1990 as a Propulsion Engineer in Central Engineering after a period at SNECMA as design engineer and at FN Moteurs, where he was a Project Manager on components for the Ariane
Didier Verté appointed VP Sales, Africa-Middle East Read More »
Rolls-Royce has completed its 1,500th AE 2100 engine for installation on a Lockheed Martin C-130J aircraft, scheduled for delivery to the US Air Force in 2014. The milestone demonstrates the continued success of the versatile and proven C-130J military transport aircraft and its powerful, reliable and fuel-efficient turboprop engines. More than 300 of the four-engine
Rolls-Royce delivers 1.500th engine to Lockheed Martin for C-130J Read More »
Aviointeriors has been chosen by Transaero to contribute to the expansion of the Business Class also in the medium-haul application on board of its B737-800. Transaero has decided to enhance the comfort for its passengers even more, by reconfiguring its B737-800 aircrafts and installing the Zeus model seats produced by Aviointeriors in its Imperial Class
Transaero selects Aviointeriors for Business Class of its B737-800 Read More »
DVB Bank SE published its results for the first nine months of 2013. DVB continued to successfully provide financing solutions and advisory services to its clients in the international transport sector during the first nine months of 2013, despite the prevailing difficult situation in individual submarkets of international maritime shipping. Consolidated net income before taxes
DVB Group post consolidated net income before taxes of €96.2m Read More »
MTU Maintenance Zhuhai, a joint venture between Germany’s leading engine manufacturer MTU Aero Engines and China Southern Air Holding Company, celebrated the MTU Maintenance group’s 1,000th overhaul of a General Electric CFM56. The engine was delivered to customer China Southern Airlines. The celebration event was opened by Frank Bodenhage, MTU Maintenance Zhuhai President and CEO,
MTU Maintenance Zhuhai celebrates 1,000th CFM56 engine overhaul Read More »
BOC Aviation has priced its first offshore RMB-denominated bond. The coupon on the 5-year unsecured notes of RMB 1bn is 4.5% p.a. The notes will close on November 20th, 2013, subject to the satisfaction of customary closing conditions. The transaction was issued off BOC Aviation’s US$2bn Euro Medium Term Note Programme originally established in September
BOC Aviation prices first offshore RMB bond Read More »
