23 July 2014

Boeing reports second-quarter results

Boeing reported second-quarter core earnings per share (non-GAAP) of $2.42, reflecting strong performance and favorable tax items. Commercial Airplanes second-quarter revenue increased 5% to $14.3bn on higher deliveries. Second-quarter operating margin was 10.8%, reflecting the delivery volume and strong performance offset by the $238m pre-tax charge on the KC-46A Tanker program. During the quarter, Commercial […]

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B/E Aerospace record second quarter 2014 financial results exceed expectations

B/E Aerospace reported its second quarter 2014 financial results. Second quarter 2014 revenues of $1.09bn increased 28.1% as compared with the prior year period. Second quarter 2014 operating earnings were $198.1m, an increase of 24.8%, and operating margin was 18.2%. On a GAAP basis, operating earnings were $185.3m. Second quarter 2014 earnings before income taxes

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Vector Aerospace Africa appointed Designated Overhaul Facility for PT6A-140 engine

Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, announced that Vector Aerospace Africa (Pty) engine repair and overhaul facility, located in Lanseria, South Africa, has been appointed a Designated Overhaul Facility (DOF) for the Pratt & Whitney Canada (P&WC) PT6A-140 aircraft engine.

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Jet Airways and Etihad reinforce commitment to growth of India's aviation industry and economy

Jet Airways, India’s premier international airline, and Etihad Airways, the national airline of the United Arab Emirates, have outlined plans to reinforce their long-term commitment to the growth of India’s economy and aviation industry, including a major new turnaround strategy for Jet Airways to return to profitability in three years. The two airlines have been

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ADSoftware completes implementation of AirPack for Nova Airways

ADSoftware reported the successful launch of its Airpack Fleet Management System and logistics solution to Nova Airways, Sudan’s largest carrier. In an industry that demands constant compliance with regulations, Sudanese carrier Nova Airways was looking for a system that could help them to stay ahead of changing requirements by anticipating any modifications required by regulatory

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Rolls-Royce signs engine services contract with Thomson Airways

Rolls-Royce has signed a service support agreement with Thomson Airways for RB211-535 engines that power the airline’s Boeing 757 aircraft. The service support agreement has been designed specifically for Thomson and will support the airline’s Boeing 757 aircraft for the duration of their time in the fleet. Thomson Airways, part of the TUI Group, is

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Hawaiian Airlines selects six A330neo aircraft powered by Trent 7000

Hawaiian Airlines selected six Airbus A330-800neo aircraft, powered by the newly-launched Trent 7000 engine. Hawaiian Airlines has previously ordered Trent 700 engines for A330 aircraft and BR715 engines for Boeing 717 aircraft. The new aircraft will replace six A350-800 aircraft that the airline has on order.

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