Wizz Air Shareholders approve proposed purchase of 110 Airbus A321 neo aircraft

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Wizz Air Holdings, the largest low-cost airline in Central and Eastern Europe, announced that shareholders approved the proposed purchase of 110 Airbus A321 neo aircraft on November 3rd, at a general meeting held at the offices of the Company in Geneva, Switzerland. József Váradi, Wizz Air Chief Executive said: “We welcome the approval of our […]

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China joins ‘big jet club’ with roll out of COMAC’s C919

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Approximately 4,000 people, including many senior Communist party leaders, engineers and journalists, assembled at a hangar near Shanghai’s Pudong international airport to witness the unveiling of the awaited 158-seat C919. The plane, which is a direct challenge to Boeing’s 737 and the Airbus A320, was wheeled out from behind a red curtain which said “China

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Aircastle reports third quarter net loss of US$14.0m

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Aircastle reported a third quarter 2015 net loss of US$(14.0)m and an adjusted net loss of US$(9.7)m. The third quarter results included total revenues of US$212.1m, an increase of 19.4%, versus US$177.6m in the third quarter of 2014. Commenting on the results, Ron Wainshal, Aircastle’s CEO, stated “During the third quarter we took decisive measures

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Bombardier previews Global 7000 aircraft flight test vehicles

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Bombardier Business Aircraft opened its doors to media as the company showcased the first two Global 7000 flight test vehicles (FTVs) at the Company’s state-of-the-art assembly line in Toronto. Bombardier is employing the highest caliber technology throughout the entire manufacturing process for the Global 7000 and Global 8000 aircraft program. The final assembly line in

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Delta's October system load factor reaches 87%

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Delta reported that October 2015 total system traffic was up 3.5% compared to October 2014, while capacity for the month was slightly down by 0.2%. The load factor for October was up 3.1 points to 86.9% when compared to the previous year.

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Alaska Air Group reports October operational results

Traffic / Leave a Comment

Alaska reported a 12.3% increase in traffic on a 13.2% increase in capacity compared to October 2014. Load factor decreased 0.6 points to 82.8%. Alaska also reported 88.2% of its flights arrived on-time in October, compared to 87.1% reported in October 2014. Horizon reported a 1.6% increase in traffic on a 2.5% increase in capacity

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WestJet posts record third quarter net earnings

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WestJet posted its third quarter 2015 results, with record net earnings of CAD$101.8m as compared with the adjusted net earnings of CAD$85.4m reported in the third quarter of 2014, up 19.2% and 24.2%, respectively, notwithstanding the significant weakening of the Canadian dollar year over year and the softening of the Western Canadian economy as a

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Willis Lease Finance 3rd quarter profits increase as utilization improves to 92%

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Willis Lease Finance Corporation (WLFC), an independent jet engine lessor in the commercial finance sector, reported its third quarter 2015 net income increased 163% to US$2.6m compared to US$1.0m in the third quarter of 2014. This follows a net loss in the second quarter of 2015 which totaled US$0.5m resulting from a US$3.1m non-cash write-down

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Pratt & Whitney and Multicut A/S sign long term agreement for F135 components

Military & Defense / Leave a Comment

Pratt & Whitney has awarded a contract to Multicut A/S to manufacture F135 engine components. The F135 engine is the propulsion system for the fifth generation F-35 Lightning II aircraft. Multicut A/S, a precision component manufacturer located in Vildjberg, Denmark, has received this award for F135 engine components. This 10-year long term procurement agreement signals

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Pratt & Whitney PurePower engine for Embraer E-Jets E2 begins flight test program

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The Pratt & Whitney PW1900G PurePower Geared Turbofan (GTF) engine for the Embraer E190-E2 and E195-E2 aircraft, successfully completed its first flight initiating the engine’s flight test program. The PW1900G engine model, which was assembled at Pratt & Whitney’s Middletown Engine Center in Connecticut, flew on Pratt & Whitney’s 747SP flying test bed at the

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Wizz Air Shareholders approve proposed purchase of 110 Airbus A321 neo aircraft

China joins ‘big jet club’ with roll out of COMAC’s C919

Aircastle reports third quarter net loss of US$14.0m

Bombardier previews Global 7000 aircraft flight test vehicles

Delta's October system load factor reaches 87%

Alaska Air Group reports October operational results

WestJet posts record third quarter net earnings

Willis Lease Finance 3rd quarter profits increase as utilization improves to 92%

Pratt & Whitney and Multicut A/S sign long term agreement for F135 components

Pratt & Whitney PurePower engine for Embraer E-Jets E2 begins flight test program

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3 November 2015

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