Total revenue increased by US$49m, or 39%, to US$173m for the fourth quarter compared to US$124m for the same period in 2013. Adjusted net income increased by US$21m, or 74%, to US$49m for the quarter compared to US$28m for same period in 2013. Net income for the fourth quarter was a loss of US$13m reflecting […]
Avolon announced results for the 2014 fourth quarter and full year Read More »
Rolls-Royce has opened its new advanced LiftWorks repair facility for fighter jet propulsion components in Plainfield, IN, near the company’s facilities in Indianapolis, US. Rolls-Royce will repair and overhaul components for the Roll-Royce LiftSystem for F-35 Lightning II aircraft. The LiftSystem provides the vertical-lift capability for the F-35B, which is flown by US Marine Corps
Rolls-Royce opens new Advanced Aerospace Repair Facility near Indianapolis, US Read More »
AerFin (UK) continues its acquisition programme to support its inventory contracts, with the purchase of A319 MSN 1846, currently being parted out in Goodyear AZ. The airframe will be used to support the parts inventory programs that AerFin is establishing with recent contracts and existing customers. This agreement brings the total number of aircraft that
AerFin acquires A319 Read More »
German cargo airline AeroLogic has commissioned Lufthansa Technik AG to provide base maintenance services for its fleet of Boeing 777F aircraft. Over the next two years, C-checks on the carrier’s eight 777Fs will be carried out by Lufthansa Technik’s subsidiary Lufthansa Technik Maintenance International (LTMI) in Frankfurt. The primary focus of these extensive checks –
Lufthansa Technik to provide base maintenance services for AeroLogic's fleet Read More »
