14 May 2014

Airbus Group reports first quarter 2014 net income of €439m

Airbus Group reported first quarter 2014 results reflecting the company’s continued focus on programme execution and achieving its operational milestones. Group order intake was €21.1bn (Q1 2013: €49.5bn), with the order book value amounting to €683.2bn on March 31st, 2014 (year-end 2013: €680.6bn). Airbus received 103 net commercial aircraft orders (Q1 2013: 410 net orders), […]

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Bombardier and CAE sign flight training agreement for CRJ Series family of aircraft

Bombardier Aerospace has appointed CAE as its Authorized Training Provider (ATP) for Bombardier’s CRJ family of regional aircraft that includes the CRJ100/200, CRJ700 NextGen, CRJ900 NextGen and CRJ1000 NextGen aircraft. Under the ATP agreement, CAE instructors will deliver CRJ aircraft flight training courses at locations around the world. The agreement has already taken effect and

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ATR reports over 100 firm orders already booked since beginning of 2014

The European regional aircraft manufacturer ATR reported an outstanding order intake of over 100 firm ATR aircraft in the first four months of 2014. The ATR-600 series aircraft are leading the way among all regional aircraft. Since the beginning of the year, sales of new ATR -600s represent over 80% of total orders for regional

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Waypoint Leasing closes first term loan facility

Waypoint Leasing, a leading helicopter leasing company, has closed on a five year US$72.5m term loan facility led by Goldman Sachs. The facility will be used to refinance certain existing helicopters previously acquired and financed under Waypoint’s recently upsized $385m revolving credit facility. The additional debt capacity enables Waypoint to continue its significant build out

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Modern Logistics signs comprehensive diagnostics services agreement with CFM

Modern Logistics S.A., Brazil’s first logistics company to integrate air operations within its supply chain, has signed a comprehensive diagnostics services agreement with CFM International for the CFM56-3 engines powering its Boeing 737-400 freighter aircraft. Modern Logistics will begin operations with 737-400 special freighter airplanes later this year as it launches the air solution portion

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MTU Maintenance signs exclusive contract for CF34-10 maintenance with CONVIASA

MTU Maintenance, one of the leading providers of commercial aero engine maintenance, has signed a new contract with the state-owned Venezuelan carrier CONVIASA for engine overhaul and on-wing support services of its General Electric CF34-10 engines including lease engine services. Under the exclusive contract, MTU Maintenance will be responsible for the maintenance of all CF34-10

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