24 July 2015

Indonesian Ministry of Transport restricts Thai carriers over safety fears

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The Indonesian Ministry of Transport has confirmed that it has applied a number of restrictions to Thai operators which fly into Indonesia, as a result of safety concerns voiced by both the ICAO and FAA. These restrictions include a ban on any alterations to existing flight schedules or aircraft, along with an across-the-board ban on […]

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RN-Aircraft signs contract for 10 AW189 Commercial helicopters

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Finmeccanica-AgustaWestland has signed a contract for the sale of ten AW189 commercial helicopters to RN-Aircraft, a subsidiary of the oil company Rosneft. The contract foresees that the new helicopters will be used for transportation purposes. Delivery of the aircraft is expected between 2015 and 2017. Moreover, as already set out in the framework agreement signed

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Alaska Air Group reports second quarter net income of US$234m

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Alaska Air Group reported second quarter 2015 GAAP net income of US$234m compared to $165m in the second quarter of 2014. Excluding the impact of mark-to-market fuel hedge adjustments of US$6m (US$4m after tax), the company reported record adjusted net income of US$230m compared to adjusted net income of US$157m in 2014.

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Garmin Connext Wireless Cockpit ecosystem expands with Jeppesen mobile FliteDeck

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Garmin International, a unit of Garmin (GRMN), and Jeppesen, a part of Boeing Commercial Aviation Services, announced an expansion of the Garmin Connext ecosystem, which broadens compatibility to include Jeppesen Mobile FliteDeck. With compatible Garmin avionics, customers can wirelessly receive ADS-B weather and traffic, as well as display precise GPS position data and back-up attitude

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MTU Aero Engines raises forecast in light of half-year results

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MTU Aero Engines AG saw its first-half-year revenues rise by 21% to €2,202.0m in 2015 (1-6/14: €1,815.8m). The group’s operating profit grew by 25% to €212.8m (1-6/14: €170.7m), while the EBIT margin increased from 9.4% to 9.7%. Earnings after tax climbed 33% to €147.2m (1-6/14: €111.0m). The greatest increase in revenues in the first six

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GECAS delivers first of three leased Boeing 767-300ERs to euroAtlantic Airways

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GE Capital Aviation Services (GECAS) delivered the first of three Boeing 767-300ERs to euroAtlantic airways – Transportes Aéreos S.A. to expand the carrier’s fleet. The remaining two aircraft are scheduled for delivery from GECAS to the airline later this year. Portugal’s euroAtlantic Airways currently operates scheduled and chartered passenger and cargo service to destinations around

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