New York-based jetBlue airways has taken a minority share in JetSuite, the California-based, fast-growing charter airline according to an announcement made by Robin Hayes, jetBlue’s CEO. Making the announcement at the third-quarter investor call on October 25, he said that JetSuite was “changing the game in short-haul travel in the west coast.” Launched in 2009, […]
jetBlue takes minority share in JetSuite charter Read More »
SkyWorks Holdings reported transactions and activities performed during Q3 2016. On behalf of a U.S. investor, SkyWorks arranged the acquisition of one B737-700 on lease to Southwest Airlines, SkyWorks has been retained to manage the aircraft on behalf of the buyer. On behalf of two U.S. investors, the company arranged the lease extensions of five
SkyWorks reports transactions and activities performed during Q3 2016 Read More »
Airbus Group reported nine-month 2016 results which reflect the ongoing ramp-up and transition from current to new aircraft models (NEO). Group order intake in the first nine months of 2016 was €73.2bn (9m 2015: €111.9bn), with the order book value totalling €986bn as of 30 September 2016 (year-end 2015: €1,006bn). Airbus received 380 net commercial
Airbus Group posts nine-month 2016 results Read More »
Swiss International Air Lines (SWISS) and Boeing confirmed a new order for one 777-300ER (Extended Range), valued at US$339.6m at list prices. The Swiss airline had previously ordered nine 777s and taken delivery of six this year as it continues to establish the 777-300ER as its flagship.
Swiss flag-carrier orders 10th 777 Read More »
Panasonic Avionics has been selected by Airbus as lead supplier for High Bandwidth Connectivity (HBC) technology on its A320, A330, and A380 platforms. Panasonic’s Global Communications Service uses a Ku-band satellite network to deliver high-speed communications services on 99.6% of all air traffic routes. The service lets passengers connect to the people, digital entertainment, and
Panasonic named lead supplier for Airbus High Bandwidth Connectivity program Read More »
Boeing reported third-quarter GAAP earnings per share of US$3.60 and core earnings per share (non-GAAP) of US$3.51 reflecting overall solid execution on production programs and services, favorable tax items (US$0.98 per share), and timing of aircraft deliveries. Rvenue guidance has been increased US$500m to between US$93.5 and US$95.5bn on higher commercial deliveries. GAAP earnings per
Boeing reports third-quarter results and raises full year guidance Read More »
Scandinavian Airlines (SAS), has taken delivery of its first of 30 A320neo aircraft. SAS ordered the A320neo as part of its strategy to modernize its fleet with more fuel-efficient aircraft, reducing environmental impact such as emissions and aircraft noise. The A320neo will join SAS’s existing Airbus fleet of 25 A320 Family aircraft, eight A330s and
SAS takes delivery of first A320neo Read More »
Avolon, the international aircraft leasing company, issued an update for the third quarter of 2016. Following another active quarter, Avolon’s owned, managed and committed fleet at the end of Q3 was 432 aircraft. The company signed an agreement to acquire a portfolio of 45 aircraft from GECAS for US$2bn and an agreement to acquire the
Avolon’s owned, managed and committed fleet at the end of Q3 was 432 aircraft Read More »
EDM, a leading global provider of training simulators to the civil aviation and defence sectors, has won orders to supply a leading US airline with eight Door Trainers. The contract awards are for four A350 Door Trainers and four Bombardier CS100 Door Trainers and over wing exit trainers. EDM will design and build the Door
EDM wins orders for eight Door Trainers from leading US airline Read More »
