Rolls-Royce dispatched the first production Trent XWB that will power the Airbus A350 XWB’s entry into commercial service with Qatar Airways later this year. The Trent XWB, the most efficient aero engine and specifically designed for the A350 XWB, is the fastest-selling civil large engine ever, with more than 1,600 already sold to 40 customers. […]
Rolls-Royce dispatches first Trent XWB for entry into service Read More »
Eastern Air Lines Group has signed an initial order and placed deposits with Boeing for 10 firm Next Generation 737-800 aircraft and purchase rights for 10 Boeing MAX 8 aircraft. Eastern Air Lines Group was formed to re-launch Eastern Air Lines, which formerly operated from 1930 to 1991, as a passenger airline using the Boeing
Eastern Air Lines announces Boeing 737 Next Generation aircraft order Read More »
Air Canada reported first quarter earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent (EBITDAR of $147m compared to EBITDAR of $145m in the first quarter of 2013. Air Canada’s EBITDAR of $147m was consistent with the EBITDAR projection provided in the airline’s news release dated April 3rd, 2014 which forecasted EBITDAR in
Air Canada reports first quarter 2014 results Read More »
GOL Linhas Aereas Inteligentes reported its results for the first quarter of 2014. Operating income totaled R$144m in 1Q14, 43% increase versus 1Q13, with an operating margin of 5.8%. In the last 12 months, GOL achieved an EBIT of R$309m and a margin of 3.3%. Net revenues reached R$2.5bn, 20% or R$411m, up year over
GOL reports 1Q14 operating income of R$144m Read More »
AeroCentury, an independent aircraft leasing company, reported its operating results for the first quarter ended March 31st, 2014. The Company reported net income of $0.4m for the first quarter of 2014, compared to net income of $3.8m for the first quarter of 2013. Total revenues were $8.0m for the first quarter ended March 31st, 2014,
AeroCentury posts first quarter 2014 net income of $0.4m Read More »
Evergreen Apple Nigeria will be presenting a new look and feel for the company at this year’s European Business Aviation Convention and Exhibition (EBACE). It will be announcing a new name, “EAN Aviation” and promoting a revamped brand. Initially known as Evergreen Apple Nigeria, the brand refresh has been implemented following an expansion in the
Evergreen Apple Nigeria to launch new name and branding Read More »
CFM International announced that Allen Paxson has been named executive vice president, replacing Chaker Chahrour. Mr. Chahrour, who had served in the role since February 2009, has been appointed vice president of Sales & Marketing for GE Aviation. As part of the CFM Executive Team, Mr. Paxson is responsible for overseeing programs carried out by
Allen Paxson named new CFM Executive Vice President Read More »
Airbus Group delivered to the U.S. Army the service’s 300th UH-72A Lakota helicopter. Every Lakota has been delivered – on time and on budget – by an American workforce that is more than 50% U.S. military veterans. The Lakota is manufactured at the company’s Airbus Helicopters facility in Columbus, Miss.
Airbus Group delivers 300th UH-72A Lakota helicopter to U.S. Army Read More »
Air Côte d’Ivoire has added a third A319 to its contract with AFI KLM E&M, including component and engine support, exclusive aircraft inspections, engineering and line maintenance. Air Côte d’Ivoire benefited from AFI KLM E&M support, particularly in terms of skills management for line maintenance. In 2013, seven French technicians were sent to Abidjan to
Air Côte d'Ivoire extends A319 maintenance contract with AFI KLM E&M Read More »
AerCap Holdings has completed its previously announced acquisition of International Lease Finance Corporation (“ILFC”) from American International Group, (“AIG”). Under the terms of the agreement, AerCap paid AIG $3.0bn in cash and 97,560,976 AerCap ordinary shares, which represents an approximately 46% ownership position in AerCap’s ordinary share capital. In connection with the acquisition, AerCap Ireland
AerCap completes acquisition of ILFC from AIG Read More »
