At a time when it has been estimated that over 500 British ‘soldiers’ have travelled to Syria and Iraq, many to join Isis, and with the proliferation of self-radicalization via the internet, the US’s visa waiver program now appears to be too vulnerable. 38 countries are involved in the visa waiver program which includes most […]
US Homeland Security amends visa waiver program conditions Read More »
International Consolidated Airlines Group (IAG) presented Group consolidated results, with third quarter operating profit of €900m (2013: €690m) before exceptional items, a €210m improvement compared to last year. At constant currency, third quarter passenger unit revenue was down 0.9% and non-fuel unit costs was down 4.5%. Revenue for the quarter was up 8.5% to €5,866m,
IAG posts Group consolidated results Read More »
Production of the wing fixed trailing edge package for Airbus’ A350-1000 jetliner has begun at GE Aviation, Hamble, marking a new milestone in the largest design and manufacture contract awarded in the 78-year history of this GE Aviation Aerostructures business. The first element produced is a spoiler hinge bracket, which was manufactured on November 4th,
Waypoint Leasing, a leading global helicopter leasing company, has reached an agreement with First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy, to acquire a portfolio of 31 in-demand, new technology aircraft. The portfolio includes 18 AgustaWestland AW139s, 11 Sikorsky S-92s and two Sikorsky S76C++ aircraft models. All aircraft
Aircastle’s third quarter of 2014 lease rental and finance lease revenues were $180.3m, up $15.1m, or 9% year over year, due primarily to the $43.3m impact of aircraft acquisitions, offset by $21.1m of lower revenues due to aircraft dispositions. Total revenues for the third quarter were $177.6m, an increase of $7.5m, or 4% above the
Aircastle reports third quarter 2014 results Read More »
WestJet released its third quarter 2014 results, with net earnings of CAD52.2m, compared to CAD65.1m in the third quarter of 2013, down 19.8%. Based on the trailing twelve months, the airline achieved a return on invested capital of 13.8%, compared with the 13.7% reported in the previous quarter. These adjusted results exclude a pre-tax non-cash
WestJet reports decreased third quarter net income Read More »
Euravia’s Chief Executive, Dennis Mendoros, has launched the new production layout and processes, which are now in place to meet Euravia’s growth plans for 2020. The modernized production line incorporates best practices and ergonomics to ensure enhanced productivity and easier flow of parts through Euravia’s 58 different engine types & series production lines. As a
Euravia’s new PT6 production lines to accommodate growth Read More »
Avtrade appointed Sean Swain as the new Technical Director. Sean is responsible for all technical areas of Avtrade including the analysis, management and control of component MRO costs. On a global level, Sean will assist the global sales teams at a senior level in customers meetings and the Regional Sales Directors on technical support proposals.
Avtrade appoints new Technical Director Read More »
Boeing and ANA (All Nippon Airways) are teaming up to implement operational improvements for ANA’s fleet. The improvements are aimed at reducing costs and increasing efficiency of maintenance operations for ANA’s current and future 777 models as part of the Boeing Optimized Maintenance Program (OMP) service. ANA recently finalized orders for 20 777-9Xs and six
Boeing teams with ANA to improve operational efficiency Read More »
Airstream International Group has arranged the dry lease of a second ATR72-500, MSN585 (PK-KSD), to Kalstar Aviation of Indonesia. MSN585 was previously owned and operated by Air Dolomiti before being purchased by the lessor as part of a three aircraft package. The aircraft will enter service in the coming days on internal routes based on
Airstream arranges lease of second ATR72-500 to Kalstar Aviation Read More »
