29 April 2015

Lufthansa agree to general arbitration of all open collective wage agreements

It was back at the beginning of April 2014 that Lufthansa pilots staged their first strike (this one for 3 days) over the changes to early retirement payments for pilots. The situation arose as Lufthansa pilots used to be forced to retire at 60, despite there then being a 5 year gap before they were […]

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Spirit Airlines' first quarter 2015 net income increases 87.1%

For the first quarter 2015, Spirit’s total operating revenue was US$493.4m, an increase of 12.6% compared to the first quarter 2014, driven by an increase in flight volume. Adjusted net income for the first quarter 2015 increased 87.1% to US$70.7m compared to the first quarter 20141. GAAP net income for the first quarter 2015 increased

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Construction of new Airbus Asia Training Centre underway

Construction of the new Airbus Asia Training Centre (AATC) in Singapore is now underway, following the completion of initial ground-breaking works. Due to open in the first quarter of 2016, the new facility will offer type rating and recurrent training courses for all in-production Airbus types. AATC is a joint venture between Airbus (55%) and

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Southwest Airlines selects Honeywell cockpit technologies for Boeing 737 MAX aircraft

Honeywell Aerospace’s full suite of cockpit technologies has been selected by Southwest Airlines for its future fleet of Boeing 737 MAX and existing fleet of Boeing 737NG aircraft. The selection will provide Southwest with cockpit technologies that offer enhanced navigation capabilities and prepare the airline to meet future government-mandated flight safety regulations. Honeywell will provide

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Spirit AeroSystems reports first quarter 2015 net income of US$182m

Spirit AeroSystems reported first quarter financial results driven by positive operating performance of mature programs. Spirit’s first quarter 2015 revenues were US$1.7bn up 1% compared to the same period of 2014. Operating income was US$235m, up from US$194m for the same period in 2014. Net income for the quarter was US$182m, compared to net income

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Kaman signs multi-year MOU with Zodiac for 737 landing gear kits and assemblies

Kaman Aerosystems has signed a five-year Memorandum of Understanding (MOU) with Zodiac Interconnect Americas (Zodiac) to manufacture and kit components and assemblies for Boeing 737NG, 737 MAX, and P-8 aircraft. The MOU has an expected value in excess of US$6m. Work will be performed at Kaman facilities in Chihuahua, Mexico and Jacksonville, Florida.

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GECAS signs purchase-and-leaseback deal with VRG Linhas Aéreas S.A. for four new Boeing 737-800s

GE Capital Aviation Services (GECAS) announced delivery of a new leased Boeing 737-800 aircraft to VRG Linhas Aéreas S.A. as part of a four-aircraft purchase-and-leaseback transaction. The three remaining aircraft in the deal are scheduled for delivery later in 2015, 2016 and 2017. VRG Linhas Aéreas, the parent company of Gol, is the second largest

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ANA tunes in to live inflight TV for international stretch-Dreamliner launch

All Nippon Airways (ANA) has received its first B787-9 aircraft with Panasonic’s inflight entertainment (IFE), live television and broadband Wi-Fi from Panasonic Avionics Corporation. ANA’s new Dreamliner will have the full suite of the world’s best inflight entertainment and connectivity solutions from Panasonic, including its industry-leading live television product, eXTV. The service will give ANA

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