As a consequence of the crash of an Airbus A400M military aircraft at the weekend, shares in Airbus, which had risen steadily in value during April, fell by over 4.5% at one point on May 11th, though BY 5pm (GMT+1) they were trading down 1.8%. The A400M is a joint international project completed between seven […]
Airbus shares fall by as much as 4% during the day after A400M crash Read More »
Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, has added EASA certification to its Cockpit Voice and Flight Data Recorder (CVFDR) FAA STC applicable to AS332 C, L and L1 helicopters. Vector’s new CVFDR STC further enhances the mission capability profile of the venerable AS332L helicopter platform and is
Rockwell Collins and nine undisclosed airlines from around the world have launched a trial program for the company’s new ARINC MultiLink flight tracking service. The service, which was announced in March, offers a comprehensive and cost-effective global flight tracking solution for the world’s airlines. The airlines testing the program are based in Europe, Asia, Middle
The Royal Netherlands Air Force’s Pilots will train in Italy on Finmeccanica – Alenia Aermacchi’s jets in service with the Italian Air Force, thanks to the agreement that has been signed by the Chiefs of Staff of the two Air Forces in Milan that envisages the detachment of an instructor and two student pilots of
Japan Airlines (JAL) has renewed its LLP supply agreement with TES Aviation Group (UK). The programme covers approximately 15 CF6-80C2 shop visits at the Engine Maintenance Centre in JAL’s maintenance affiliate, JAL Engineering Company, for its 767 fleet. Headquartered in Shinagawa Tokyo, Japan’s major carrier operates a large fleet of narrow and wide-body aircraft covering
Japan Airlines renews CF6-80C2 contract with TES Aviation Group Read More »
Willis Lease Finance Corporation (WLFC), an independent jet engine lessor in the commercial finance sector, reported first quarter 2015 net income of US$2.3m, or $0.29 per diluted share, compared to net loss of $0.03 per diluted share in the fourth quarter of 2014 and net income of US$4.3m, or $0.53 per diluted share, in the
Willis Lease Finance earns US$2.3m in 1Q2015 Read More »
FLYHT Aerospace Solutions has signed a contract for the Automated Flight Information Reporting System (AFIRSâ„¢) 228 on a fleet of four A320 aircraft. The African-based airline is keen to use FLYHT’s suite of tools including automated Out, Off, On and In times, FLYHT’s new web-based flight following Aircraft Situational Display (“ASD”), engine and airframe exceedance
FLYHT signs AFIRS contract with African Airline Read More »
FLY is reporting net income for the first quarter of 2015 of US$17.3m, this compares to net income of US$3.6m for the same period in 2014. The first quarter 2015 results include US$21.9m of end of lease revenue and a charge of approximately US$4.0m associated with termination of the Aircraft Acquisition Facility. End of lease
FLY Leasing reports first quarter 2015 financial results Read More »
The Board of Directors of Finnair’s associated company Nordic Global Airlines (NGA) has decided to discontinue NGA’s operations by 31.05.2015. The termination of the operations has no material impact on Finnair’s cargo business, or Finnair’s financial position. NGA, focused on cargo freighter operations, was founded in 2011. Since then NGA grew to fly main-deck cargo
Finnair cargo airline NGA’s operations will discontinue Read More »
