The A350-1000’s new engine – the Rolls-Royce Trent XWB-97 – has successfully made its first flight-test aboard Airbus’ dedicated A380 “Flying-Test-Bed” aircraft. The aircraft took off from Airbus’ facilities in Toulouse and performed a flight of 4 hours, 14 mins during which the engine covered a wide range of power settings at altitudes up to […]
Air Canada reported third quarter adjusted net income of CAD$734m, compared to adjusted net income of CAD$457m in the third quarter of 2014, an improvement of CAD$277m or approximately 61%. EBITDAR amounted to CAD$1,076m compared to EBITDAR of CAD$749m in the same quarter in 2014, an increase of CAD$327m or approximately 44% year-over-year. On a
Air Canada reports third quarter net income improvement of 61% Read More »
Sikorsky Aircraft Corporation has successfully completed the VH-92A Presidential Helicopter Replacement Program Preliminary Design Review (PDR), completion of the integration and performance testing of mission communications system (MCS) components, and Sikorsky’s acceptance of the second S-92A aircraft for the program. On May 7th, 2014, the Navy awarded a US$1,244,677,064 fixed-price incentive engineering and manufacturing development
Sikorsky completes VH-92A Presidential Helicopter Replacement Program milestones Read More »
Korean Air finalized the airline’s order of 30 737 MAXs and two additional 777-300ER (Extended Range) jetliners valued at nearly US$4bn at current list prices. The airline also has options for additional 737 MAXs as part of the order, which was previously announced as a commitment during the Paris Air Show in June. With this
Korean Air finalize order for 30 737 MAXs, two 777-300ERs Read More »
C&L welcomed Wes DeMoss as manager of C&L’s growing Military and OEM Business Development division. Wes spent four years developing Hawker Beechcraft’s association with all the major military contractors, and in 2009, he became Government Business Sales Manager. Wes later joined APPH Wichita, now known as Heroux-Devtek Wichita, as Business Development Manager. There, Wes gained
C&L hires Wes DeMoss for Military & OEM Business Development Read More »
DVB Bank generated consolidated net income before taxes of €59.8m (previous year: €72.6m) during the first nine months of 2015, providing financing solutions and advisory services to its clients in the international transport sector. Net interest income decreased by 6.7%, from €62.5m to €151.6m. Thanks to the high volume of new Transport Finance business, interest
DVB Group publishes nine-months results for 2015 Read More »
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, signed an agreement to lease two new Boeing 737 MAX aircraft to Okay Airways Company. The aircraft are scheduled for delivery in 2018 and are part of GECAS’ existing orderbook with Boeing. Okay Airways operates a fleet of more than 30
GECAS to lease two new Boeing 737 MAX aircraft to China’s Okay Airways Read More »
National flag carrier Air New Zealand and the European turboprop aircraft manufacturer ATR signed a contract for the purchase of 15 additional ATR 72-600s. The deal is valued at some US$375m. The airline, which ordered seven ATR 72-600s in 2011, had already exercised all of its five options as well as converted two purchase rights
Air New Zealand purchases 15 additional ATR 72-600s Read More »
The Minister of Investments and Development (MID) of the Republic of Kazakhstan, Asset Issekeshev has signed a Memorandum of Understanding (MoU) with CAA International (CAAi), the State-to-State advisory arm of the UK Civil Aviation Authority (UK CAA). The MoU supports future collaboration between the UK and Kazakhstan to strengthen the safety oversight of Kazakhstan’s Aviation
UK CAA signs aviation safety MoU with the Government of Kazakhstan Read More »
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has signed a partnership with Ramco Systems, which specializes in business software systems, especially in the MRO sector, to set up a joint innovation center in Singapore. A team of around ten people will work there on designing and developing innovative, rapid-deployment solutions for strategic
