24 April 2014

AgustaWestland and Heliconia Aero Solutions sign distributorship agreement for Morocco

AgustaWestland, a Finmeccanica company, and Heliconia Aero Solutions, the flagship Company of Heliconia Group in Morocco, announced the signing of a Distributorship Agreement for AgustaWestland helicopters models in Morocco. Both companies are also pleased to announce that Heliconia has placed a first order for two AW139 intermediate twin helicopters, plus a number of options, to […]

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American Airlines Group reports first quarter 2014 net profit of $480m

For the first quarter 2014, American Airlines Group reported a record GAAP net profit of $480m. This compares to a net loss of $341m in the first quarter 2013. The company’s GAAP results for the first quarter 2013 reflect AMR Corporation prior to the merger. On a combined basis, total revenues in the first quarter

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Jingcheng receives China's first S-76D helicopter

Sikorsky Aircraft reported that Yunnan Jingcheng Group accepted delivery of the first S-76D aircraft that will operate in China. The aircraft is configured for transportation of corporate and government VIPs. Sikorsky recently announced at the 2014 Asian Business Aviation Conference & Exhibition that the Civil Aviation Administration of China (CAAC) had issued a validation type

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Southwest Airlines reports record first quarter profit

Southwest Airlines reported its first quarter 2014 results with first quarter net income, excluding special items, of $126m, compared to first quarter 2013 net income, excluding special items, of $53m. First quarter net income of $152m, which included $26m (net) of favorable special items, compared to net income of $59m, in first quarter 2013, which

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United announces first-quarter 2014 results

United Airlines reported a first-quarter 2014 net loss of $489m, excluding $120m of special items. Including special items, UAL reported a first-quarter 2014 net loss of $609m. For the first quarter of 2014, total revenue was $8.7bn, a decrease of 0.3% year-over-year. First-quarter consolidated passenger revenue decreased 2.3% to $7.4bn, compared to the same period

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Azul Brazilian Airlines becomes new Rolls-Royce customer

Azul Brazilian Airlines became a new Rolls-Royce customer with the announcement that it is to operate 11 Trent-powered Airbus aircraft. The airline has also signed an agreement worth $400m for TotalCare engine service support. Azul, formed in 2008, will operate six Airbus A330-200 and five Airbus A350-900 XWB aircraft powered by Trent 700 and Trent

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Bombardier sells two Q400 NextGen airliners to operator in the Middle East and Africa Region

Bombardier Aerospace released that a customer in the Middle East and Africa region, who has requested to remain unidentified at this time, placed a firm order for two Q400 NextGen turboprop airliners. Based on the list price of the Q400 NextGen airliner, the order is valued at approximately US$62m.

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