8 November 2016

AerCap Holdings N.V. reports financial results for third quarter 2016

AerCap reported net income of US$225.6m, compared with US$293.9m for the same period in 2015. The company reported earnings per share (diluted) of US$1.22, compared with US$1.48 for the same period in 2015 and adjusted net income of US$310.6m, compared with US$327.0m for the same period in 2015. Adjusted earnings per share (diluted) of US$1.68, …

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Av8 MRO hits milestone with three week turn time for Hawker landing gear overhaul

Av8 MRO, specialists in the overhaul and repair of Hawker landing gear, has achieved a three week turn time milestone for Hawker landing gear overhaul. This three week turn time is the result of Av8 MRO’s extensive spare inventory of components as well as their in-house, FAA-approved cadmium plating and Non-Destructive Testing (NDT) capabilities. Conveniently …

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Air Astana takes delivery of first A320neo

Air Astana, Kazakhstan’s flag carrier, has taken delivery of its first A320neo at Airbus headquarters in Toulouse in the presence of airline executives and government officials. The aircraft leased from Air Lease Corporation is part of a deal announced at the Farnborough Airshow 2015 for 11 A320neo Family aircraft. The A320neo will join Air Astana’s …

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Singapore Ministry of Defence orders H225M helicopters

Airbus Helicopters has signed a contract with the Singapore Ministry of Defence for the acquisition of H225M – Medium Lift Helicopters. Singapore’s fleet of H225M will be used for a wide spectrum of operations including Search and Rescue (SAR), Aeromedical Evacuation (AME), and Humanitarian Assistance and Disaster Relief (HADR) operations. A proven platform with exceptional …

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Magnetic MRO gains ISO 9001 and ISO 14001

Magnetic MRO, Estonian headquartered global MRO service provider, has received both ISO 9001:2015 and ISO 14001:2015 certificates by meeting the high standards set by the International Standards Organization (ISO) in the last week of October. Magnetic MRO has successfully proven its ability to deliver effective quality management systems, and on October 24th, it became an …

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