August 4, 2016

Leading crash investigator claims flight MH370 was deliberately flown in to the sea

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Larry Vance, a leading flight investigator who has led over 200 investigations, has indicated that he feels there is “definite evidence” which backs up his theory that missing Malaysia Airlines flight MH370 was deliberately flown into the sea. This news comes only days after it was revealed that pilot of Malaysia Airlines flight MH370, Captain […]

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Spirit AeroSystems 2nd quarter revenues up

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Spirit AeroSystems reported second quarter 2016 financial results driven by strong operating performance of mature programs. Spirit’s second quarter 2016 revenue was US$1.8bn, up 8% compared to the same period of 2015, primarily driven by higher production deliveries on the A350 XWB and A320 programs, one-time claim settlements, and higher Global Customer Support and Services

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Hainan Airlines to launch first nonstop service between China and Las Vegas

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Hainan Airlines has filed an application with the U.S. Department of Transportation to launch an historic new route connecting Las Vegas to Beijing, the first-ever nonstop flight between Las Vegas and Mainland China, announced the Las Vegas Convention and Visitors Authority. The service will begin December 2, 2016 and will initially operate Mondays, Wednesdays and

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Thales exercises its put option in Hanwha Thales (HTC)

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The jointly-owned company Hanwha Thales was created in 2000 by Samsung and Thales to develop the defence electronics in Korea. In June 2015, Samsung sold its defence related businesses to Hanwha. In this context, Hanwha and Thales negotiated a put/call option on Thales’ shares in their jointly owned company. Considering Hanwha and Thales respective ambitions

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RUAG takes order for 2 new Dornier 228 aircraft

Aircraft & Engines / Leave a Comment

RUAG Aviation has secured a new agreement for the sale of 2 new production Dornier 228 aircraft. The versatile aircraft will serve island communities in passenger and cargo operations, providing a reliable and cost-effective link to the mainland. The agreement was signed at the Farnborough International Airshow on 13 July 2016. This latest order for

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Citation CJ3 makes first flight with Rockwell Collins’ Pro Line Fusion avionics upgrade

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A Citation CJ3 equipped with Rockwell Collins’ Pro Line Fusion avionics made its flying debut this week following implementation of the system on the business jet with Duncan Aviation. The two companies unveiled the new flight deck upgrade for the CJ3 last fall. The successful test flight originated on August 2. out of Duncan Aviation’s

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Aircastle posts second quarter 2016 net income of US$20m, down 52%

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Aircastle reported that total revenues were US$190.0 million, a decrease of US$14.6 million, or 7% from the previous year. A decrease of US$8.8m in maintenance revenues and a US$6.4m drop in lease rental and finance and sales-type lease revenue accounted for most of the change. During the second quarter of 2015, Aircastle recorded US$21.3m of

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Fraport reports solid performance in challenging environment

Airlines & Routes / Leave a Comment

In the first half of 2016, the Fraport Group achieved revenue of just over €1.2bn. Although this represents a €17.1m (or 1.4%) decline year-on-year, it must be taken into account that a change in the Group’s scope of consolidated companies occurred in the previous business year. During 2015, Fraport sold 51% of its capital shares

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Vector Aerospace signs exclusive PT6A service agreements with multiple Australian operators