A number of conservative Republicans have targeted the Ex-Im Bank, which serves US exporters and the buyers of US goods, for closure in July when its funding runs out as they consider it usurps the role of the private sector and provides “welfare” for big business. Boeing however, which is a leading Ex-Im Bank beneficiary, […]
Boeing may relocate many of its operations overseas if Ex-Im Bank ceases Read More »
Excluding net special charges, American Airlines Group’s first quarter 2015 net profit was a record US$1.2b. This represents a tripling of the Company’s first quarter 2014 net profit excluding net special credits of US$402m. The Company’s first quarter 2015 pretax margin excluding net special charges was 12.7%, up 8.6 percentage points from the same period
American Airlines Group reports record first quarter 2015 profit Read More »
AerCap announced its transactions during the first quarter 2015: the company signed lease agreements for 67 aircraft and delivered 32 aircraft under contracted lease agreements. AerCap purchased 17 new aircraft, including 2 Boeing 787-8s, 4 Boeing 787-9s, 6 Boeing 737-800s, 4 Airbus A321-200s and 1 Airbus A330-300 and executed sale and part-out transactions for 20
AerCap executed 104 aircraft transactions during the first quarter Read More »
Pratt & Whitney has named Christchurch Engine Center as one of the first facilities in its Geared Turbofan engine MRO network to provide maintenance and overhaul services for the PW1100G-JM engine. The Christchurch Engine Center, located in Christchurch, New Zealand, is a joint venture between Pratt & Whitney and Air New Zealand. Pratt & Whitney
Air New Zealand has selected Pratt & Whitney’s PurePower PW1100G-JM engines for 13 firm A320neo family aircraft. The agreement also provides fleet management support services for up to 16 years. Deliveries are scheduled to begin in 2017 and continue through 2019. The PurePower Geared Turbofan (GTF) family of engines has completed more than 17,000 hours
Air New Zealand selects Pratt & Whitney PurePower engines for A320neo Family aircraft Read More »
Wesco Aircraft, a provider of comprehensive supply chain management services to the global aerospace industry, has appointed Richard J. Weller as executive vice president and chief financial officer, effective May 4th, 2015. Mr. Weller succeeds Gregory A. Hann, who retired on March 3131, 2015. K. Lynn Mackison, who is serving as acting chief financial officer
Wesco Aircraft appoints Richard J. Weller Executive VP and CFO Read More »
As part of CTC Aviation’s strategic plans to expand the capacity and provision of purpose-built airline pilot training and resourcing services, the company has announced the opening of two additional UK-based Crew Training Centres – London Gatwick and Coventry; increasing the total number of Crew Training and Resourcing Centres within the company to seven worldwide.
CTC Aviation announces further expansion to crew training centre network Read More »
