8 February 2017

SIA Group reports decline in net profit for 3rd quarter

The SIA Group reported an operating profit of S$293m in the third quarter of the 2016-17 financial year, S$5m higher compared to the same period last year (+1.7%). Group revenue fell S$97m year-on-year to S$3,844m (-2.5%), mainly attributable to lower passenger flown revenue in a weak-yield environment. The Parent Airline Company saw its flown revenue […]

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Boeing launches new Nacelle and Flight-Control Surface Exchange Program

Boeing has launched a new Nacelle and Flight-Control Surface Exchange Program. It provides airlines an integrated and economical solution, while building on Boeing’s successful history of exchange programs. Under the program, customers can exchange nacelle and flight-control surface parts that need repair or overhaul from a certified pool that Boeing maintains throughout its global network.

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2016 – a year of sustained growth for Etihad Airways

Etihad Airways delivered another year of sustained growth in 2016, helped by new aircraft, additional frequencies and the introduction of further world-class products. The airline carried 18.5 million guests during the year, up 6% on 2015. The airline was also part of the evolution of Etihad Aviation Group, a wider aviation and tourism business which

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Elbit Systems awarded approximately US$110m contract for upgrade of M-17 helicopters

Elbit Systems was awarded an approximately US$110m contract from an Asia-Pacific country for the upgrade and maintenance of dozens of Mi-17 helicopters. The project will be performed over a five-year period. Elbit Systems has extensive operational experience in rotary-wing modernization activities, including conversion of utility and assault helicopters into multi-role platforms, upgrading existing utility and

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Alaska Air Group reports fourth quarter 2016 and full-year results

Alaska Air Group reported net income for the fourth quarter and full year under Generally Accepted Accounting Principles (“GAAP”) of US$114m and US$814m respectively. These results compared to fourth quarter 2015 net income of US$191m and full year 2015 net income of US$848m. Fourth quarter net income, excluding special items, was US$193m, a 4% increase

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Government of Canada will provide CA$372.5m in repayable contributions to Bombardier

The Government of Canada is committed to keeping Canada at the forefront of global leadership in the aerospace sector. The aerospace industry is one of the most innovative industries in Canada, and it provides over 211,000 quality jobs for Canadians and CA$28bn annually in GDP to Canada’s economy. That is why, today, the Government of

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