Unmanned Aerial Vehicle (UAV) or drone sales continue exponential growth with analysts forecasting global sales to reach a staggering US$36.9bn in just six years. Already one of the world’s leading manufacturers of hobby drones, DJI, generated revenue of US$1bn in 2015 alone. As a consequence of drone systems leading the way in aerospace manufacturing, many […]
Worldwide drone sales could reach US$36.9bn by 2022 Read More »
AAR reported third quarter fiscal year 2016 consolidated sales of US$402.8m and income from continuing operations of US$10.7m. Third quarter results from continuing operations include an approximate US$1.6m reduction in income tax expense. For the third quarter of the prior fiscal year, the Company reported sales of US$380.1m and income from continuing operations of US$1.9m.
AAR reports third quarter fiscal year 2016 results Read More »
El Al concluded 2015 with a net profit of approx. US$106.5m, compared to a loss of approx. US$-28m in the last year. Profit before tax amounted to approx. US$144.6m compared to a loss before tax of approx. US$-38m in 2014. Revenues in 2015 amounted to approx. US$2.054bn, compared to US$2.081m in 2014. Operation costs decreased
EL AL Israel Airlines posts 2015 net profit of US$106.5m Read More »
HYDRO Systems USA, launched a new Service Center located minutes from Dulles International Airport, just outside of Washington, DC. This is HYDRO’s second US-based service center focussed on maintenance, repair and recertification of aerospace Ground Support Equipment (GSE) and maintenance tooling. The facility is located near the Airbus Americas facility in Ashburn, VA to provide
HYDRO Systems opens another US-based Service Center Read More »
Bombardier Commercial Aircraft announced the successful completion of the CS100 aircraft’s European route-proving exercises. The program was conducted in the network of launch operator Swiss International Air Lines and included over 30 city-pair flights in European cities over a three-week long period. During an event in Zurich, on March 23rd, executive representatives from SWISS and
Bombardier successfully concludes C Series aircraft’s European route-proving program Read More »
Airbus has launched its new cabin brand “Airspace by Airbus”. At the heart of this new philosophy Airbus connects the wellbeing for passengers with the operational performance for its airline customers. Representing the best of Airbus’ cabin innovation and design, Airspace will offer a sophisticated, flexible canvas as a back-drop to enhance the airlines’ own
Airbus launches new cabin brand “Airspace by Airbus” Read More »
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, has delivered a new leased Boeing 737-800 aircraft to Chinese airline Okay Airways to expand the carrier’s fleet. Okay Airways operates a fleet of more than 30 aircraft from its base in Tianjin, providing scheduled cargo and passenger service to domestic
GECAS delivers new Boeing 737-800 to Okay Airways Read More »
GOL Linhas Aéreas Inteligentes, has hired SkyWorks Capital, a specialized financial advisory firm, to assist the Company in discussions with its aircraft lessors with the objective of renegotiating certain commercial terms of the leases. The engagement of SkyWorks is part of the Company’s business plan and is consistent with previously disclosed measures aimed at optimizing
GOL engages SkyWorks Capital Read More »
Airline Services Interiors has won a significant contract from IAG member airline, Aer Lingus for a major enhancement on three of its Boeing 757-200 aircraft. Modifications cover work on integrating a new cabin arrangement with the installation of new lie-flat Thompson Aero Vantage business class seating, monuments, the fitting of Zodiac Inflight Innovations IFE and
Panasonic Avionics has been selected to supply the Cabin Services System (CSS) on the new family of Boeing 777X aircraft. Panasonic is currently the supplier of CSS on all Boeing 787 Dreamliners and 747-8 Intercontinental aircraft. Panasonic’s CSS is a scalable, database driven, Ethernet-based network that provides core cabin functions such as passenger address, cabin
Boeing awards B777X cabin services system program to Panasonic Avionics Read More »
