13 February 2014

Bombardier posts earnings of $418m in fiscal year 2013

Bombardier Aerospace’s revenues amounted to $2.9bn for the three-month period ended December 31, 2013, compared to $2.6bn for the corresponding period last fiscal year. For the year, revenues totalled $9.4bn, compared to $8.6bn last fiscal year. For the fourth quarter ended December 31, 2013, EBIT totalled $93m, or 3.2% of revenues ($94m, or 3.3%, before […]

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Norwegian acquires four new 787-9 Dreamliners

Norwegian has signed an agreement to acquire four new Boeing 787-9 Dreamliners. This means that the company has ordered 14 wide-body aircraft in total; three of which are already in service. The 787-9 is larger than the 787-8 that Norwegian currently operates on its long-haul routes. Norwegian continues to expand its international operations by entering

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THAI Smile extends Airbus’ Flight Hour Services contract to 20 A320 aircraft

THAI Smile, a subsidiary of THAI Airways and Airbus have extended their existing 15 years ‘Flight Hour Services – Tailored Support’ (FHS-TSP) contract, adding nine additional leased A320 aircraft to cover its entire fleet of 20 A320 aircraft. The contract provides an extensive scope of A320 line replaceable units (LRUs), guaranteed spare parts availability through

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P&W to provide fuel efficient PurePower engines on Air Costa order for 50 Embraer jets

Pratt & Whitney will provide exclusive power for 50 firm Embraer E-Jets E2 aircraft, with an additional 50 purchase rights, for an order announced by Embraer and Air Costa. Deliveries are scheduled to begin in 2018. The PurePower Geared Turbofan (GTF) engine family has more than 5,000 orders and commitments, including options.

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Pakistan International Airlines awards P&W PW4000 engine management program

Pratt & Whitney has signed an exclusive, three-year Engine Management Program (EMP) agreement with Pakistan International Airlines (PIA) to maintain the airline’s fleet of 12 PW4152 installed engines. The Pratt & Whitney engines that are covered under this agreement power PIA’s fleet of A310 aircraft.

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Tigerair awarded Pure-V engine designation

IAE International Aero Engines has awarded Singapore-based operator Tigerair the Pure-V designation for V2500 engines powering its aircraft. A Pure-V designated engine contains IAE-approved parts and repairs throughout the entire engine. The program was created to provide a designation IAE customers’ engines that have been maintained to OEM standards, for example those covered by a

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Copa Holdings reports net income of $113.9m for fourth quarter 2013

Copa Holdings reported net income of $113.9m for 4Q13, as compared to net income of $86.6m in 4Q12. Excluding special items, which for 4Q13 includes a non-cash impairment charge of $31.2m on Intangible Assets booked in 2005 related to the acquisition of AeroRepublica (now Copa Colombia) and a non-cash gain of $2.6mn associated with the

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Aerolíneas orders GE’s CF6 engines for Airbus A330 fleet

Aerolíneas Argentinas ordered GE’s CF6-80E1 engines to power its four new Airbus A330-200 aircraft. “GE and Aerolíneas Argentinas have a strong relationship with the majority of their fleet powered by GE or CFM56* engines,” said Doug Izarra, Vice President for the Americas Sales at GE Aviation. “The selection of CF6-80E1 engines will continue to strengthen

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