Despite two previous rafts of cuts in senior management which saw 200 management positions eliminated at Rolls-Royce in an attempt to meet target profits, the near break-even for the first six months of this year has seen the implementation of further measures in an attempt to turn round the company’s finances. The company’s intention is […]
300 more management positions to be shed at Rolls-Royce Read More »
SkyWorks announced asset management transactions and activities performed during the first quarter 2016. Provided through SkyWorks Leasing, the transactions involved 20 aircraft and two engines and included the following: on behalf of Scandinavian Airlines System (“SAS”), SkyWorks arranged the sale of two JT8D-217C engines to Delta Air Lines. These deliveries marked the last sales in
SkyWorks reports first quarter 2016 asset management transactions Read More »
PPG opened a US$3m state-of-the-art liquid coatings application development center at its Oak Creek, Wisconsin, plant. The new center includes advanced equipment that helps simulate industrial coatings customers’ manufacturing environments to ensure PPG coatings will be properly and consistently applied during their production processes. The new coatings application development center houses multiple curing ovens, robotic
WestJet reported April 2016 traffic results with a load factor of 80.6%. Traffic increased 5.5% year-over-year and capacity grew 5.0% over the same period. The airline flew 1.7 million guests in April, a year-over-year increase of 5.1% or approximately 84,000 additional guests.
WestJet reports April load factor of 80.6% Read More »
The International Air Transport Association (IATA) released demand growth data for global air freight markets for March 2016 showing a 2.0% drop in volumes measured in freight tonne kilometers (FTKs) compared to the same period last year. In contrast, freight capacity (measured in available freight tonne kilometers or AFTKs) rose by 6.9%, putting increased pressure
IATA sais weak March air freight volumes point to another difficult year Read More »
Hawkeye Engine Services and Jetpower announced a strategic marketing alliance. Combining Hawkeye’s overall capacity in the power plant and whole aircraft market with Jetpower’s strong foothold in the aircraft and parts business will ultimately extend the overall reach into all sectors of commercial aviation. Hawkeye was founded in 1999 and is focused on commercial aircraft
Hawkeye Engine Services signs strategic marketing alliance with Jetpower Read More »
Comlux America, the Completion and Service center of the Comlux Group based in Indianapolis IN, celebrated the expansion of their VIP completion hangar which now has the capability to house wide body and narrow body aircraft simultaneously. The celebration of the facility expansion took place on the 27th of April 2016, one year from the
Comlux America celebrates wide body hangar expansion Read More »
Avtrade has appointed Kenny Seow as Senior Sales Executive. An aviation professional, based in Asia and in Avtrade’s Singapore office, Kenny will be responsible for key account management throughout the South Asia market. Supported by increased CAAC approved inventory and regional component repair services, his appointment is in response to Avtrade’s growing presence in Asia.
Avtrade appoints new Senior Sales Executive – Singapore Read More »
Cabot Aviation, a division of Air Partner and an aircraft remarketing agent, has been appointed by Crystal Acquisition Company to remarket a B787-8 aircraft. The aircraft is due for delivery in November 2016 and will have GEnx-1B70 engines. The aircraft will be configured with 262 passenger seats in an 18CC and 244YC configuration. The company’s
Cabot Aviation to remarket B787-8 aircraft for Crystal Acquisition Company Read More »
AerFin (UK) continues its acquisition programme with the purchase of Airbus A340-300 aircraft MSN 374. The aircraft will remain in continued operation following reconfiguration. Bob James, CEO, AerFin commented: “We continue to experience market demand for quality A340-300 aircraft for continued operation under AerFin CFM56-5C4 engine and component support programs.”
AerFin acquires Airbus A340-300 Read More »
