On the 29th January this year Japan’s Skylark Airlines filed for bankruptcy protection after it plans to challenge Japan’s two major carriers, Japan Airlines (JAL) and All Nippon Airways (ANA) failed. Skylark Airlines was formed in 1998 and had aimed to shake up the Japanese air industry by offering low cost flights. However a combination […]
ANA to take 19.9% stake in bankrupt budget airline Skymark Read More »
Safran reported that first-quarter 2015 adjusted revenue was €3,935m, up 14.3% year-on-year including significant positive currency impacts mainly due to the considerable strengthening of the USD. The average USD/EUR spot rate in Q1 2015 was 1.13 compared with 1.37 a year ago. Adjusted revenue growth was 3.4% at constant currency or 2.4% on an organic
Safran posts first-quarter 2015 adjusted revenue growth of 14.3% Read More »
easyJet took delivery of the airline’s 250th Airbus A320 family aircraft. To celebrate this special event easyJet unveiled its newest A320 with a unique livery featuring 250 miniature aircraft. As with other recent deliveries to easyJet, the A320 is equipped with the latest technology and fuel-saving Sharklets. easyJet operates Europe’s largest and the world’s fourth
easyJet takes delivery of its 250th Airbus aircraft Read More »
Boeing reported first-quarter revenue increased 8% to US$22.1bn on higher commercial deliveries. Core earnings per share (non-GAAP) increased 12% to US$1.97, reflecting strong performance across the company, and GAAP earnings per share was US$1.87. Net earnings increased 38%. The Company reaffirmed its 2015 financial and deliveries guidance. Cash and investments in marketable securities totaled US$9.6bn
Boeing reports strong first-quarter results Read More »
Ducommun Incorporated has been selected by Rolls-Royce to produce complex interconnect systems for the Trent 1000-Ten engine – which will power all variants of the Boeing 787 Dreamliner. Ducommun will manufacture these products through 2022 at its operation centers in Joplin, Mo. and Guaymas, Mexico. The Trent 1000-TEN engine, scheduled to be certified by the
Ducommun wins multiyear contract from Rolls-Royce for Trent 1000-TEN aircraft engine Read More »
Bell Helicopter Textron (“Bell Helicopter”) awarded its AAR’s Defense Systems & Logistics (DS&L) business unit a contract providing warehouse and logistics services in support of upgrading T64 engines for the Bell V-280 Valor technical demonstrator aircraft. The two-year agreement is the first between the global aerospace and defense contractor AAR and Bell Helicopter, producer of
GE Capital Aviation Services Limited (GECAS) delivered a new leased Boeing 737-800 aircraft to Hainan Airlines to expand the carrier’s fleet. The aircraft is part of GECAS’ existing order book with Boeing. Hainan Airlines is a longstanding GECAS customer and is the largest private airline in the People’s Republic of China. It operates a fleet
GECAS delivers new Boeing 737-800 to Hainan Airlines Read More »
Skyworld Aviation concluded the sale and leaseback of six EMB 170’s from LOT Polish Airlines to a global private investment firm. The aircraft are 2004/5 vintage – serial numbers 17000029, 17000035, 17000065, 17000069, 17000073, 17000074. Skyworld Aviation was exclusively appointed by LOT to market their fleet of EMB 170 aircraft, and although all six aircraft
Skyworld Aviation arranges sale and leaseback of six EMB 170's Read More »
SAFRAN Snecma and Aeromat France have signed a partnership to provide worldwide lease service of engine stands for all types of CFM56 engines. Aeromat will manage the pool of stands according to OEM regulations for such equipment. This engine stand lease service will be provided for SAFRAN Snecma Group but also for any other customer
Rolls-Royce released that John Rishton has decided to retire as Chief Executive on July 2nd, 2015. He will be succeeded by Warren East, whose appointment follows an extensive international search. Warren East was CEO of ARM Holdings from 2001 to 2013. Under his leadership ARM became one of the world’s leading developers of semi-conductors with
Warren East to succeed John Rishton as Chief Executive of Rolls-Royce Read More »
