5 May 2015

Despite Germanwings crash and pilots’ strike, Lufthansa’s loss narrows

Though posting a smaller operating loss in the first quarter this year, Lufthansa have confirmed that they still need to reduce operating costs further to become competitive and profitable. Their finance chief, Simone Menne, said “We are in need of an urgent solution, we cannot afford to burden our customers further.” Lufthansa is aiming to […]

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Rockwell Collins selected by Airbus to provide wireless EFB solution

Rockwell Collins has been selected by Airbus to provide the Electronic Flight Bag (EFB) interface and communication unit (EICU) for Airbus A320 and A330 aircraft families. The optional system for airlines, exclusively provided by Rockwell Collins, will be available and certified next year. The EICU, a lightweight, compact unit that is part of Rockwell Collins’

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Boeing upgrading Australian F/A-18 Trainers to aid maintenance effectiveness

Boeing will update two maintenance trainers for the Royal Australian Air Force (RAAF) so they better support the RAAF’s F/A-18F and EA-18G aircraft. Australia is the only nation other than the United States flying F/A-18 Super Hornet fighters and EA-18G Growler airborne electronic attack aircraft. While it operates the two-seat F variant of the Super

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WestJet reports first quarter net earnings of CAD140.7m

WestJet postted its first quarter results for 2015, with record net earnings of CAD140.7m. This compares with net earnings of CAD89.3m reported in the first quarter of 2014, up 57.6%. WestJet achieved an on-time performance rate of 78.0 in the first quarter, a year-over-year improvement of 10.1 points. Based on the trailing twelve months, the

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Avianca firms up order for 100 A320neo Family aircraft

Following a Memorandum of Understanding (MoU) announcement in February, Avianca has signed a purchase agreement for 100 A320neo Family aircraft, the largest single order ever made in Latin America’s aviation history. The agreement, which includes A319neo, A320neo and A321neo aircraft, will allow Avianca to maintain one of the youngest fleets in the region as the

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TransDigm Group reports fiscal 2015 second quarter results

TransDigm Group Incorporated (TDG), a leading global designer, producer and supplier of highly engineered aircraft components, reported results for the second quarter ended March 28th, 2015 and announces potential financing transactions. Net sales for the quarter rose 4.8% to US$619.0mn from US$590.8m in the comparable quarter a year ago. Net income for the quarter rose

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ATR appoints new Senior Vice President Commercial and Customer Support

ATR named Tom Anderson as new Senior Vice President, Commercial and Customer Support. In his new role, Tom will be responsible for developing global growth strategies in ATR’s market segments, thus strengthening the company’s position as the leading regional aircraft manufacturer. He will also supervise ATR’s aftermarket strategies and focus on innovative customer-oriented products and

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