A change in management is underway at Lufthansa Technik Philippines: on February 1st, Dr. Burkhard Andrich, currently Senior Vice President Aircraft Component Services at Lufthansa Technik in Hamburg, will take over as President and CEO of the Manila-based Lufthansa Technik Philippines (LTP). This joint venture with Philippine aviation service provider MacroAsia Corporation has a staff […]
Boeing reported the retirement of Rinaldo Petrignani as president of Boeing Italy. Petrignani will continue his relationship with Boeing as a senior counselor and is succeeded by Antonio De Palmas effective April 15th. De Palmas will be responsible for coordinating all company business activities in Italy and will be based at the Boeing Italy headquarters
Boeing Italy’s Petrignani to retire Read More »
Astronics Corporation, a leading provider of advanced technologies for the global aerospace and defense industries, has entered into a definitive agreement to acquire substantially all of the assets and liabilities of EADS North America’s Test and Services division (EADS T&S) for approximately $53m in cash plus a net working capital adjustment. The agreement is expected
Astronics to acquire EADS North America Test and Services Division Read More »
Rockwell Collins reported first quarter fiscal year 2014 earnings per share of $0.96, an increase of 2% from earnings per share of $0.94 in the first quarter of fiscal year 2013. Total sales for the first quarter of 2014 were $1.07bn, an increase of 1% from $1.06bn for the same period in 2013. As previously
Rockwell Collins reports first quarter 2014 earnings per share of $0.96 Read More »
Delta’s net income for the December 2013 quarter was $558m excluding special items. Delta’s net income for 2013 was $2.7 bn, a $1.1bn increase over 2012. Delta’s GAAP net income was $8.5bn for the December 2013 quarter and $10.5bn for 2013. These results include an $8.0bn non-cash gain associated with the reversal of the company’s
Delta Air Lines posts December quarter profit Read More »
Aeronautical Engineers (AEI) has delivered the third 737 classic freighter to Sideral Air Cargo based in Brazil. The aircraft is a high gross weight B737-400SF (MSN 24808) built in 1990 and was converted at Commercial Jet’s Miami facility, which is one of five authorized AEI Conversion Centers worldwide. Sideral Air Cargo’s fleet now consists of
AEI delivers second Sideral B737-400SF 11 pallet conversion Read More »
GE Capital Aviation Services (GECAS) announced an order for 40 737s. The order, with a list-price value of approximately $3.9bn, consists of 20 737 MAX 8s and 20 Next-Generation 737-800s. The follow-on order increases the GECAS order book for the 737 MAX to 95 airplanes and the 737NG to 387 airplanes.
GECAS orders 20 737 MAXs and 20 Next-Generation 737s Read More »
