In the first quarter Finnair’s turnover declined by 8.4% to €543.3m (€593.2m in 2013). The operational result was €-34.2m (€-17.5m in 2013). Net cash flow from operating activities stood at €-20.5m (€-11.5m in 2013), and cash flow from investments totalled €233.6m (€-9.2m in 2013). Unit cost per available seat kilometre excluding fuel, CASK (CASK excl. […]
Finnair Group reports first quarter results Read More »
Triumph Group reported that its subsidiary, Triumph Aerostructures-Vought Aircraft Division, has been selected by Airbus to furnish the wing reinforcement kit that allows for the installation of Sharklets on the Airbus A319 and A320 in-service aircraft. The kit consists of multiple subassemblies and components that reinforce the wing for the Sharklet loads. The multi-year contract
Air Lease Corporation announced long term lease agreements with Novair for three new Airbus A321neo aircraft, which are scheduled to begin delivery in 2017. Novair is based in Stockholm, Sweden and owned by Switzerland’s Kuoni Travel Group. These aircraft are from ALC’s order book from Airbus.
Air Lease Corporation places three new Airbus A321neo aircraft with Novair Read More »
Aircastle reported first quarter 2014 net income of $5.8m down $17.3m and adjusted net income of $13.3 million. The first quarter results included operating and finance lease revenues of $178.3m versus $160.5m in the first quarter of 2013, up 11%. Thus far in 2014, Aircastle acquired or has committed to acquire thirteen aircraft for more
Aircastle posts first quarter 2014 net income of $5.8m Read More »
Defence and security company Saab has signed an agreement with Germany’s Liebherr-Aerospace Lindenberg GmbH to provide maintenance, repair and overhaul (MRO) services for landing gear equipment across the complete Embraer E-Jet family of regional aircraft. Saab’s business area Support and Services has a well-known and long-established expertise within the field of aircraft component maintenance. Saab
Saab signs E-Jet agreement with Liebherr-Aerospace Read More »
ATSG announced new dry-lease agreements for two Boeing 767-200 freighters to Cargojet, a Canadian airline, for terms of up to three years beginning in the second and third quarters of 2014. These aircraft are in addition to the two 767-200 freighters Cargojet currently leases from CAM. ATSG also dry-leases two Boeing 767-300 freighters to Amerijet,
ATSG signs new multi-year dry-lease agreements with Cargojet and Amerijet Read More »
AJW Aviation has signed a three year agreement with Atitech, one of Europe’s largest MROs based in Naples, Italy, for the provision of integrated consumables management services. This will utilise the new innovative barcode scanning App that AJW has developed and deliver support for Atitech’s growing customer base across the Airbus and Boeing aircraft families.
AJW Aviation signs integrated consumables support contract with Italian MRO, Atitech Read More »
Air Transport Services Group reported consolidated financial results for the quarter ended March 31st, 2014. For the first quarter of 2014 revenues were $143.6m, flat with a year ago. Increases in revenues from aircraft leasing and other business activities offset lower revenues from airline operations. Earnings from continuing operations of $6.5m, were lower than earnings
ATSG reports first quarter 2014 financial results Read More »
AerData, the provider of software and services for the aviation industry released that Amur Finance Company (AFC), a privately held, diversified commercial finance company focusing on the global transportation, industrial and equipment leasing sectors, has chosen AerData’s CMS (Corporate Management System) and STREAM (Secure Technical Records for Electronic Asset Management) software.
Amur Finance Company choose AerData’s CMS and STREAM software packages Read More »
JorAMCo won a new long term maintenance service contract with the Kazakhstan based airline Air Astana, after the first successful collaboration took place last year for three of Air Astana’s Embraer 190s. The three year agreement between the two companies will take place from 2014 to 2016 and covers 15 checks for Embraers 190s, during
Air Astana signs long term maintenance agreement with JorAMCo Read More »
