27 April 2016

US$22.6bn Boeing Q1 results reveal 2% increase in income, but 9% drop in net profit

Compared to first quarter results in 2015, Boeing’s turnover for the first quarter 2016 rose to US$22.6bn, an increase of 2%. Non-GAAP core earnings per share at US$1.74 reflected a solid core operating performance which offset an after-tax charge of US$156 million (US$0.24/share) on the KC-46 tanker program in order to maintain schedule with concurrency […]

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Etihad posts net profit of US$103m for 2015

Etihad Airways, the national airline of the United Arab Emirates, posted its strongest annual financial results to date, with a net profit of US$103m on total revenues of US$9.02bn. The performance, which marked the airline’s fifth consecutive year of net profitability, also saw earnings before interest and tax (EBIT) of US$259m, and earnings before interest,

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Air Canada to launch non-stop flights from Vancouver to Delhi

Air Canada announced the introduction of the only non-stop flights from Vancouver to Delhi, India beginning October 20th, 2016, in time for Diwali festivities. The seasonal, three-times weekly flights complement Air Canada’s Toronto-Delhi non-stop service launched last fall. Flights will operate three-times-weekly October 20, 2016 to April 8, 2017 with Air Canada’s state-of-the-art Boeing 787-9

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Boeing KC-46 Program’s second 767-2C aircraft completes first flight

With a successful first flight on April 25th, Boeing has added the fourth and final flight test aircraft to the KC-46 Pegasus fleet, a 767-2C. During the 1 hour, 40 minute flight, test pilots performed operational engine checks, flight controls and environmental systems checks and took the 767-2C to a maximum altitude of 39,000 feet

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PEMCO redelivers 14th B737-300 Freighter Conversion to SF Airlines

PEMCO World Air Services (PEMCO) has announced the redelivery of a B737-300 freighter aircraft to China-based SF Airlines, the air cargo division of S.F. Express. SF Airlines is a leading courier in China providing delivery service to over 15 countries, including the United States. The freighter, converted by PEMCO’s partner STAECO in Jinan Shandong, China,

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Spectralux Avionics and Eirtech Aviation Services sign collaboration agreement

Spectralux Avionics and Eirtech Aviation Services have signed a Memorandum of Understanding (MoU) to collaborate on the certification of a dual stack FANS 1/A and ATN CPDLC Data Link Solution on commercial air transport aircraft. The all-in-one data link solution, named Envoy, was previously announced at the AEEC Airline Maintenance Conference. Spectralux’s Envoy Data link

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Universal Avionics provides Authorized Dealers and Integrators with new online training option

More training options for Universal Avionics Authorized Dealers and Integrators are now available with the addition of online familiarization modules to the UniNet Online Service Center. Posted modules present short, narrated videos explaining concepts while also providing helpful demonstrations. Of special interest to Authorized Dealers and Integrators is the “FMS End User Maintenance Training Module

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TAM and Jet Midwest to offer FAA and EASA approved Saab 340A/B cargo conversion

Täby Air Maintenance, TAM, has been approved by the US Federal Aviation Administration, FAA, as well as the European Aviation Safety Authority, EASA, to perform a full cargo conversion of Saab 340A and Saab 340B. “I am very glad that we, as the only company globally, have a dual EASA-FAA approval for our high-end Saab

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AviaAM Leasing delivers another two Airbus A321 to Small Planet Airlines

AviaAM Leasing, a Warsaw Stock Exchange listed global aviation holding company engaged in the business of commercial aircraft acquisition, leasing and sales, has announced having delivered the second and third Airbus A321s to the European leisure carrier Small Planet Airlines. AviaAM Leasing delivered another two Airbus A321 aircraft to Small Planet Airlines’ Polish subsidiary last

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