16 May 2014

Avianca Holdings reports operating profit of $57.2m for first quarter of 2014

Avianca Holdings reported first quarter 2014 adjusted net income of $31.6m, excluding special items. Adjusted net income margin came in at 2.9%. Operating revenues amounted to $1.099bn, down 1.7% over 1Q 2013, mainly due to a 2.2% decrease in passenger revenues, driven by a yield decline of 4.4%, which was partially offset by a 3.3% […]

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Jetcraft Avionics names new executive Director

Jetcraft Corporation, a global leader in business aircraft sales, acquisitions and trades, hired Stedman Stevens as Executive Director of Jetcraft Avionics. Mr. Stevens’ responsibilities include supporting Jetcraft’s executive management team in a strategic advisory role and taking a hands-on-approach to the business and sales operations of Jetcraft Avionics.

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Boeing, Scoot sign 787 pilot training agreement

Boeing and Scoot announced a five-year pilot training agreement to support the Singapore-based airline’s fleet transition to 787 Dreamliners. Under the agreement, Boeing Flight Services, a business unit of Boeing Commercial Aviation Services, will provide 787 flight training to Scoot pilots at Boeing’s Singapore training campus. In 2014 alone, an anticipated 32 Scoot pilots will

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GA Telesis announces disassembly of A320 aircraft

GA Telesis has started the disassembly of one Airbus A320 (MSN 245) powered by CFM56-5A engines. The ex-All Nippon Airways aircraft has entered the GA Telesis disassembly production line in California. The remarketing of the removed parts is being directed by both Aircraft Systems and Turbine Engine groups at GA Telesis, LLC in Fort Lauderdale.

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