27 July 2016

Boeing reports 2016 Q2 loss of US$234 compared to 2015 Q2 profit of US$2.45bn

A US$2.1bn charge for R&D is predominantly responsible for a massive swing in Q2 operating profit for Boeing between 2015 and 2016, though consolidated revenue was up 0.9% year-on-year (YOY) at US$24.76m. Prior to the R&D charge the Q2 operating profit for 2016 was US$2.43bn, which, YOY, was down 23.9%. The company has reported a […]

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Airbus Group reported half-year 2016 results and confirmed its guidance for the full year

Airbus Group order intake in the first six months of 2016 was €39.1bn (H1 2015: €53.9bn), with the order book value totalling €978bn as of 30 June 2016 (year-end 2015: €1,006bn). The order book of Airbus Defence and Space decreased by €4.6bn deue to perimeter changes. Airbus received 183 net commercial aircraft orders (H1 2015:

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JetBlue orders 30 additional A321 aircraft

New York-based JetBlue Airways has amended its purchase agreement with Airbus to include an additional 15 Airbus A321ceo (current engine option) and 15 A321neo (new engine option) aircraft. The airline, which already operates A321s, has not yet announced its engine selection for the newly ordered aircraft. Beginning in 2019, JetBlue has the flexibility to configure

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Boeing, Malaysia Airlines sign order for up to 50 737 MAX airplanes

Boeing and Malaysia Airlines Berhad (Malaysia Airlines) announced an order for 25 737 MAX 8 airplanes, valued at US$2.75bn at current list prices. The order, previously attributed to an unidentified customer on the Boeing Orders & Deliveries website, also includes purchase rights for additional 737 MAX 8 and 737 MAX 9 airplanes. The Malaysian national

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Embraer introduces new evolution of the Phenom 100

Embraer Executive Jets has launched an evolution of its entry-level Phenom 100 business jet, the Phenom 100 EV, at the EAA AirVenture Fly-In and Convention. Featuring a new avionics suite with the Prodigy Touch flight deck, based on the Garmin G3000, and modified Pratt & Whitney Canada PW617F1-E engines, offering more speed with superior hot-and-high

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Avtrade signs new repair management contract with leading airline

Avtrade reported the expansion of its Euro Asian frontiers with the signature of a new repair management contract with a leading cargo airline based at Istanbul Atatürk International. The contract covers a growing fleet of Airbus A300s. Operating scheduled and charter cargo services within the Middle East, Europe and Asia, Avtrade’s UK based Global Headquarters

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Lufthansa Technik launches laser-based system for installation support

Lufthansa Technik AG has launched a laser-based system for installation support (Augmented Reality) when equipping VIP aircraft cabins in the framework of its research and innovation projects. The mobile projection system can be adapted to suit every installation situation. It can be positioned and aligned flexibly and robustly in the aircraft fuselage. Components can therefore

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AEI announces order for fourth MD-80SF series freighter conversion from Aeronaves T.S.M.

Aeronautical Engineers announced the fourth order for an MD-82SF freighter conversion from Aeronaves T.S.M. (TSM). The aircraft (MSN 49990) will commence modification at the end of August and will be re-delivered to TSM in early 2017 to fly for the DHL network in Mexico. Commercial Jet’s Miami, Florida facility will perform the modification and maintenance

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