The FAA is back in Thailand after a previous inspection in July revealed 35 issues and 6 major concerns. The nation was given 65 days in which to make improvements or risk being downgraded to Category 2. This would have a massive impact on the country’s aviation industry reputation after the United Nations’ aviation agency […]
FAA makes follow-up safety inspection in Thailand Read More »
Spirit AeroSystems reported third quarter financial results driven by positive operating performance of mature programs. Spirit’s third quarter 2015 revenues were US$1.6bn, down 6% compared to the same period of 2014 primarily due to the Gulfstream wing divestiture and lower revenues recognized on the 787 program. Operating income was US$192m, down from US$216m for the
Spirit AeroSystems reports third quarter 2015 revenues of US$1.6bn Read More »
The International Brotherhood of Teamsters’ (IBT) Local 357, which represent the approximately 2,100 pilots of Republic Airways, have voted by a margin of 76% to ratify a new three-year contract, with approximately 85% of the eligible pilots voting. The three-year agreement becomes effective on or about November 1. The agreement invests approximately US$50m a year
Republic Airways’ pilots ratify three-year contract Read More »
B/E Aerospace reported third quarter 2015 revenues of US$679.8m an increase of 4.0% as compared with the prior year period. On a constant currency basis revenues increased approximately 4.9%. Operating earnings of US$124.2m increased 1.9% and operating margin was 18.3%, while net earnings were US$76.7m, representing an increase of 14.3% as compared with the prior
B/E Aerospace reports third quarter 2015 financial results Read More »
GE Capital Aviation Services (GECAS), the commercial aircraft financing arm of GE, announced the appointment of Alec Burger as its president and CEO effective January 1st, 2016. Burger will take over the executive management of the business from Norman C.T. Liu, who will stay on as chairman of GECAS until late 2016 when he will
Alec Burger appointed President and CEO of GE Capital Aviation Services Read More »
In the third quarter 2015 Embraer delivered 21 commercial and 30 executive (21 light and 9 large) jets. Deliveries in the first nine months of 2015 were 68 commercial and 75 executive (57 light and 18 large) jets. The Company closed 20 firm orders for the current generation of the E-Jets commercial jets, reaching a
Embraer posts third-quarter net loss of US$110m Read More »
Avcorp Industries has received notice of award from The Boeing Company for the production and supply of 767-2C panoramic camera fairings, as part of the KC-46 tanker program. Each shipset of panoramic camera fairings consist of large and complex composites and metallic components which will be assembled into a fully integrated assembly in the Avcorp
Avcorp signs production contract with Boeing Read More »
GE Capital Aviation Services (GECAS), delivered a leased Airbus A330-200 aircraft to Deutsche Lufthansa A.G. The aircraft is the first of up to seven leased A330-200s scheduled for delivery to Lufthansa through 2017 as part of the carrier’s fleet expansion. The remaining aircraft are currently leased by GECAS to other airline customers around the world.
GECAS delivers first of up to seven leased Airbus A330s to Lufthansa Read More »
Volo Aero MRO announced the purchase of Flag Precision Corp an FAA certified repair station based in Massachusetts. Flag Precision Corp was established in 1964 and became an FAA certified repair station in 1993 with a limited powerplant and airframe rating, providing specialized services. With a strong reputation of providing high precision grinding solutions to
Volo Aero MRO acquires Flag Precision Read More »
Crane Aerospace & Electronics, a segment of Crane Co., has been awarded a contract from Tinker Air Force Base to provide an improved Antiskid Brake Control System for the U.S. Air Force fleet of B-52H Stratofortress aircraft. The award is part of the Air Force B-52 System Improvements, a comprehensive project to ensure B-52 viability
