No jet manufacturer can afford to stand still, and for Boeing it would appear they are reaching a crossroads in their next development venture. For a while now they have been looking at carrying out an extensive upgrade to their successful 777 model, with a schedule for that to take place in 2020. In the […]
Boeing may benefit from listening to lessors demands for new mid-sized jet Read More »
Boeing has reached an agreement with Japanese partner Nabtesco to supply primary flight control actuation system on Boeing’s new 777X airplane. Nabtesco is a long standing partner on the 777 program, supplying actuators for four flight control surfaces. With this new agreement, Nabtesco’s scope of work will double to eight, including spoilers. Actuators are a
Boeing selects Nabtesco as first Japanese systems partner on 777X Read More »
Willis Lease Finance Corporation (WLFC) reported 2014 net income of US$7.2m, compared to net income of US$15.6m in 2013. After-tax income for 2013 included a one-time US$8.6m tax benefit. On record annual sales of US$174.3m, pre-tax earnings from operations increased 35.2% to US$10.5m in 2014 from US$7.8m a year ago and income before income taxes
Willis Lease Finance reports net profit of $7.2m in 2014 Read More »
FLY is reporting net income of US$15.5m for the fourth quarter of 2014, compares to net income of US$13.4m for the same period of 2013. The fourth quarter 2014 results include US$21.7m of end of lease income compared to the fourth quarter of 2013 in which there was none. However, the fourth quarter 2013 results
FLY Leasing reports fourth quarter and full year 2014 financial results Read More »
Exelis has been awarded a multimillion dollar contract from Airbus to produce center wing box struts for the A350-1000 aircraft. This contract marks the second award for the new Exelis STaR (Struts, Tubes and Rods) product line following the A380 award announcement last year. Deliveries are scheduled to begin in 2016 and will continue through
Exelis wins Airbus A350 XWB composite strut contract Read More »
Passenger numbers at Frankfurt Airport (FRA) continued to advance in February 2015: Germany’s largest aviation hub welcomed some 3.8 million passengers, representing an increase of 4.6% year-on-year. Passenger growth was largely attributable to increased domestic traffic and a rise in demand for tourist destinations in Europe and North Africa – as well as the non-recurrence
Frankfurt Airport achieves strong passenger growth in February Read More »
Rockwell Collins has completed the sale of ARINC Aerospace Systems Engineering and Support (ASES LLC) to Field Aviation, a privately held U.S. company. ASES provides aircraft modification, integration and maintenance services, as well as logistical and sustainment capabilities, for the Department of Defense (DoD), government, commercial, business and private customers. The sale of ASES, part
Rockwell Collins completes sale of ARINC Aerospace Systems Engineering and Support Read More »
Magnetic MRO serves as a Total Technical Care partner to any aviation organization, offering full range of technical support services. Newly added Engine Stand Lease service enables Magnetic MRO to offer a reliable worldwide solution for aircraft engine transportation. Variety of transportation engine stands, certified bases and cradles are provided for the most common engine
Magnetic MRO starts engine stand lease service Read More »
K-Mile, the first Thai cargo airline based at Suvarnabhumi Airport in Bangkok, has awarded TP Aerospace Leasing a long-term wheels & brakes Cycle Flat Rate (CFR) program in support of its current and planned B737CL cargo aircraft fleet. With TP Aerospace Leasing’s highly flexible, cost effective, tailor made and plug’n’play Component Maintenance, Pool Access, Onsite
K-Mile sign B737CL full service program Read More »
GE Capital Aviation Services (GECAS) delivered a new Boeing 737-800 aircraft to China Southern Airlines to expand the carrier’s fleet. The aircraft is part of GECAS’ existing order book with Boeing. China Southern has been a GECAS customer since the early 1990s. It is the largest airline in Asia with a fleet of more than
GECAS delivers new Boeing 737-800 to China Southern Airlines Read More »
