Boeing predicts continued strong demand while now focusing primarily on cost saving

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Boeing do not forecast a downturn in demand for civilian aircraft and do not believe, as some do, that the current high demand has peaked, despite concerns over the slowing growth in China. Greg Smith, Boeing’s Chief Financial Officer, has made the company’s current position very clear, saying that “We’re not seeing a slowdown in […]

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airberlin's 2nd quarter net loss widens

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airberlin’s revenue performance in the second quarter of 2015 was characterised by tactical capacity adjustments. At €1.07 bn in Q2 2015, revenue fell by 7.0% compared to the same period last year (Q2 2014 €1.15bn). Accordingly, Group revenue also declined by -2.3% (from €1.91bn to €1.87bn) in the first half of 2015. As a result

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RUAG signs with Aurigny Air Services for one Dornier 228 NG

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RUAG Aviation signed an agreement with Guernsey’s flag carrier airline Aurigny Air Services for the sale of a Dornier 228 NG, scheduled for delivery by the end of 2015. The bulk of Aurigny’s fleet comprises Embraer E-195, ATR-72-200/500 and 15-seater Brittan Norman Trilanders, which, after 40 years in operation, are reaching the end of their

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Data Link Solutions selected to provide U.S. and allied militaries with advanced networked communications

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Data Link Solutions (DLS), a joint venture between Rockwell Collins and BAE Systems, has received a US$18.3m award from the U.S. Navy Space and Naval Warfare Systems Command to provide real-time situational awareness data and voice communications technology to U.S. and international militaries. DLS will deliver Multifunctional Information Distribution System Low Volume Terminals (MIDS-LVT) —

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LOT Polish Airlines and Turkish Airlines agree on major expansion of commercial ties

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LOT Polish Airlines and Turkish Airlines have agreed on a major expansion of commercial ties. Both sides have signed a letter of understanding, which will initiate an enhanced cooperation between relevant Polish, Turkish and beyond markets and also deepen commercial cooperation on the existing ones. Recognizing the great significance of deepening the cooperation and desiring

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Boeing board elects Lynn Good as new director

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Boeing’s board of directors has elected Duke Energy President and CEO Lynn Good as a member of the board, the company announced on August 13th. Good is president and CEO of Duke Energy, the largest U.S. electric power company, serving approximately 23 million people in the Carolinas, Florida and the Midwest. She also serves as

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Amakusa Airlines introduces first ATR 42-600 in Japan

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Japanese regional carrier Amakusa Airlines took delivery in Toulouse of a 48-seat ATR 42-600, the first of the type to start operations in Japan. For almost 15 years, the airline has been providing regular scheduled regional services connecting the city of Amakusa off the coast of mainland Kyushu in southwestern Japan to large cities such

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Travel Service, largest airline group in Czech Republic, becomes latest OASES user

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Commsoft, a world leader in aviation engineering and maintenance systems, reported that Travel Service, the largest airline group in the Czech Republic, has signed a five year contract to use OASES to manage its current fleet of 31 Boeing 737NGs and two Airbus A320s. The contract provides for 25 concurrent users. Founded in 1997, Travel

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DVB Bank's consolidated net income for first half of 2015 in line with previous year