Revenues from operations for the present year grew by about $2103.00m compared to $2015.6m in 2012, a 4% increase. Passenger revenues grew by about 4.9%, largely as a result of increased passenger numbers. Cargo revenues decreased by about 3.3% as a result of the drop in the average ton-kilometer revenue. Operating costs in 2013 were […]
El Al Israel Airlines reports financial results that finalize 2013 Read More »
Lou Mancini, who has served as the leader for Boeing’s commercial airplane customer support and after-market products and services, will retire from the company after 12 years of service. Stan Deal has been appointed to succeed him. Mancini will transition his assignment to Deal, who is named senior vice president of CAS, effective immediately. Mancini
Boeing Commercial Airplanes Customer Support & Services leader to retire Read More »
Boeing expects the market for financing new aircraft to remain strong as airline customers continue to demand for new, fuel-efficient airplanes. “Globally the liquidity balance looks good as the industry rebalances itself to move away from export credit support, with its more expensive pricing, and more toward reliance on the commercial markets,” said Tim Myers,
Boeing expects balanced new-airplane financing as 2014 market unfolds Read More »
Air Lease Corporation announced a long term lease agreement with Emirates for one new Boeing 777-300ER aircraft, which is scheduled for delivery in 2015.
Air Lease Corporation places one new Boeing 777-300ER with Emirates Read More »
PPG Industries announced plans to invest more than $27m in its San Juan del Rio, Queretaro, Mexico, coatings manufacturing facility. The expansion project will add four new buildings to the current complex, representing approximately 100,000 ft² of additional production and laboratory space. The company officially initiated the expansion on March 18th, with a groundbreaking event
PPG to invest $27m in San Juan del Rio facility Read More »
South Africa’s private domestic airline operator, JSE-listed Comair Limited, placed an order for LEAP-1B engines to power eight Boeing 737 MAX 8s, making Comair the first African airline operator to order the new 737 MAX. The LEAP-1B is the sole powerplant for the Boeing 737 MAX schedule to go into production in 2017. This engine
Comair places $210m LEAP-1B engine order Read More »
Avinco, the aircraft trading and portfolio management company, has arranged the sale of an A321-200 on behalf of Nouvelair Tunisia. This first aircraft of two, bearing MSN 970, was delivered on the 17th of March. The Aircraft are being purchased by Apollo Aviation Group and will be leased to Germania.
Avinco places A321-200 on behalf of Nouvelair Read More »
Bruce Aerospace has added Luxair to its growing list of customers for its popular XLume B737NG LED Lighting product line. The first installation took place on 25th November 2013, at the Luxair facility in Luxembourg and the aircraft is now in commercial service. The product line offers airlines a drop-in replacement for the OEM supplied
During the second quarter of 2014, Lufthansa Technik AG will commission a new complex of buildings in Hamburg representing a construction investment of some €20m. This project is yet another milestone in the company’s ongoing investment program at its home base. In addition to offices and workshops, the Central Materials Technology department – one of
New home for Lufthansa Technik's Central Materials Technology Read More »
Corendon Dutch Airlines has selected Flight Focus to provide a wireless in-flight entertainment system for its fleet of Boeing 737-800 aircraft. The airline will be the first European charter operator to offer wireless in-flight entertainment across their entire fleet. The solution will enhance the passenger experience by providing entertainment, information and shopping through the passengers’
