Bombardier Aerospace’s revenues amounted to $2.5bn for the three-month period ended June 30th, 2014, compared to $2.3bn for the same period last fiscal year. EBIT totalled $141m, or 5.6% of revenues, compared to EBIT before special items of $107m, or 4.7%, and EBIT of $138m, or 6.1%, for the same period last fiscal year. Free […]
Bombardier releases financial results for second quarter 2014 Read More »
ANA Holdings has firmed up an order for 30 A320neo Family aircraft (seven A320neo and 23 A321neo). The initial agreement was announced in March 2014. Deliveries will start from 2016. ANA’s A320neo Family will be equipped with Pratt & Whitney PW1100G-JM engines.
ANA to become first A320neo operator in Japan Read More »
The handover of the first EC145 T2 to DRF Luftrettung marks yet another milestone for Airbus Helicopters in the successful program for the BK117/EC145 family. In spring 2014, the latest addition to the family received certification from the European Aviation Safety Agency EASA and is now ready to take on a wide variety of missions.
Airbus Helicopters starts delivery of EC145 T2 with DRF Luftrettung Read More »
Precision Aviation Group, a leading provider of products and value-added services to the worldwide aerospace and defense industry announced the acquisition of Aviation Controls, Inc. (ACI). ACI is a leading global provider of Maintenance, Repair, and Overhaul Services (MRO) for engine accessories, specializing in components and accessories for the GE J-85, Honeywell LTS-101, and Rolls
Precision Aviation Group acquires Aviation Controls Read More »
Gogo, a leading global aero communications service provider, has obtained a $75m increase to its existing $248m credit facility arranged by Morgan Stanley. Gogo intends to use the proceeds of the debt financing for general corporate purposes.
Gogo closes $75m credit facility add-on Read More »
Aircastle reported second quarter 2014 net income of $3.1m and adjusted net income of $47.7m The second quarter results included lease rental and finance lease revenues of $187.1m versus $162.0m in the second quarter of 2013. Aircastle sold 17 aircraft and designated for sale two 747-400 freighters; net pre-tax contribution of $8.2m
Aircastle reports 2nd quarter net income of $3.1m Read More »
Boeing and All Nippon Airways (ANA) finalized an order for 40 widebody airplanes – 20 777-9Xs, 14 787-9 Dreamliners and six 777-300ERs (Extended Range) – as part of the airline’s strategic long-haul fleet renewal plan. The order, valued at approximately $13bn at list prices, was originally announced as a commitment in March.
All Nippon Airways finalize order for 40 widebody airplanes Read More »
Airborne Maintenance & Engineering Services (AMES), a subsidiary of Air Transport Services Group, has been granted approval by the Federal Aviation Administration (FAA) to perform heavy and line maintenance services on Airbus A318, A319, A320, and A321 aircraft. The capability for Airbus complements the broad range of services in heavy maintenance, line maintenance, engineering, component
AMES adds Airbus models to maintenance capabilities Read More »
In the second quarter of 2014 (2Q14), Embraer delivered 29 commercial and 29 executive (22 light and 7 large) jets. The Company’s firm order backlog ended 2Q14 at US$18.1bn. As a result of aircraft deliveries, coupled with revenues from the Company’s Defense & Security business, 2Q14 revenues were US$1,761.3m, for year-over-year growth of 13.1%. Year-to-date
Embraer releases second quarter results Read More »
Early July marked the official launch of the European Clean Sky 2 Joint Technology Initiative. The new program is substantially broader in scope and more ambitious than Clean Sky, its predecessor. MTU Aero Engines, too, is stepping up its activities under the initiative: Germany’s leading engine manufacturer is one of the 16 lead partners from
Clean Sky 2: MTU Aero Engines takes on the role of lead partner Read More »
