12 August 2014

Sikorsky, Boeing selected to build Technology Demonstrator for future vertical lift

Sikorsky Aircraft and Boeing have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program (JMR TD), paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate (AATD) selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a

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AerCap Holdings N.V. reports second quarter financial results

AerCap Holdings N.V. announced that its adjusted net income was $212.4m for the second quarter of 2014. Adjusted earnings per share were $1.29 for the second quarter of 2014, an increase of 118% over the second quarter of 2013. On May 14, 2014, AerCap completed the acquisition of International Lease Finance Corporation (“ILFC”) from American

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Marshall Aerospace and Defence Group chooses Abbotsford as North American office hub

Marshall Aerospace Canada, part of Marshall Aerospace and Defence Group, has increased its in-country presence and strengthened its commitment to focused new business development in North America, with the purchase of a 4,343 ft² building at Abbotsford Airport in British Columbia. The building will become Marshall’s Canadian head office, out of which the company’s comprehensive

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Hong Kong Aircraft Engineering Company (HAECO) reports 2014 interim results

The HAECO Group reported an attributable profit of HK$283m for the first six months of 2014. This compares with a profit of HK$359m for the equivalent period in 2013. Earnings per share decreased by 21.2% to HK$1.70. Turnover increased by 65.6% to HK$5,337m, with the acquisition of TIMCO accounting for 61.8% of the increase. The

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Embraer Executive Jets expands service network into Brazil’s Northeast

Embraer Executive Jets is expanding its customer support and service network into the Brazilian Northeast. AeroMecânica, located at Coroa do Avião airfield, in Igarassu, metropolitan Recife, will be the first Authorized Service Center for line maintenance, scheduled inspections, and remote services for Phenom 100 and Phenom 300 jets, in the region. Customers in the region

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