February 19, 2017

Bombardier charts net loss of US$98m for financial year 2016

Despite a substantial improvement over the company’s loss of US$5.34bn for the financial year 2015, Bombardier, the Canadian plane and train manufacturer has reported continued losses for the financial year 2016 at US$981m. While 2015’s loss was sweetened by the announcement of a substantial order, Bombardier Aerospace, the world’s third-largest aircraft manufacturer had no such […]

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Norwegian reports 2016 net profit of more than NOK1.1bn

Financial / Leave a Comment

Global expansion driven by new routes, high load factors and continued fleet renewal, contributed to Norwegian’s best ever annual result, with a net profit of NOK1,135m (£109m). Operating profit (EBIT) was NOK1,820m. The results are influenced by Norwegian’s international growth, particularly on intercontinental routes, as well as increased presence in the UK and Spain. The

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Boeing debuts 787-10 Dreamliner

Airlines & Routes / Leave a Comment

The Boeing 787-10 Dreamliner, the third member of the 787 Dreamliner family, made its debut on Friday, February 17, at Boeing South Carolina. Thousands of employees at the North Charleston, S.C. site celebrated the event along with U.S. President Donald Trump and South Carolina Governor Henry McMaster. “What’s happening here at Boeing South Carolina is

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Air Canada reports 2016 net income of CA$876m

Financial / Leave a Comment

Air Canada reported record full year 2016 EBITDAR, excluding special items, of CA$2.768bn, compared to the previous record of CA$2.542bn recorded in 2015, an increase of CA$226m or 8.9% and surpassing the 6 to 8% increase projected in its November 7, 2016 news release. On a GAAP basis, Air Canada reported operating income of CA$1.345bn

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Air Lease Corporation signs lease agreements for two new airbus A330-900neo aircraft with Air Mauritius

Aircraft & Engines / Leave a Comment

Air Lease Corporation (AL) has signed long term lease agreements with Air Mauritius for two new Airbus A330-900neo aircraft, outfitted with latest-generation Rolls-Royce Trent 7000 engines. The aircraft are from ALC’s order book with Airbus and are scheduled to deliver in September and October 2018.

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Pemco secures YTO Carbo Airlines contract for Passenger-to-Freighter conversion

MRO & Production / Leave a Comment

PEMCO World Air Services (PEMCO) has signed an agreement with YTO Cargo Airlines (YTO) for three B737-300 P-to-F converted aircraft. China-based YTO, which is currently operating one B737-300 PEMCO-converted aircraft, will take redelivery of the three aircraft through Q4 2017. The B737-300 PEMCO-converted aircraft features nine pallet positions, up to 43,100 pounds of payload, and

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PAS Technologies highlights major growth at Hillsboro, Ohio facility

MRO & Production / Leave a Comment

PAS Technologies announced major growth initiatives at the company’s Hillsboro, Ohio facility. Operating globally in six locations, PAS is a specialized provider of cost-effective original equipment manufacturing (OEM) and maintenance, repair, and overhaul (MRO) products, services and solutions for the commercial and military aerospace, industrial gas turbine, and oil and gas markets. The company’s highly

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Aviator from Jeppesen integrates EFB apps in single framework

Other News / Leave a Comment

Jeppesen, a Boeing Company, introduced Jeppesen Aviator – a new pilot resource suite that unites essential electronic flight bag (EFB) resources into an all-in-one app for mobile iOS and Windows devices. Aviator is a Jeppesen and Boeing collaboration that integrates typically independent EFB features into a single point of access that reduces pilot time spent

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2016 CFM orders surpass 2,600 engines

Aircraft & Engines / Leave a Comment

CFM International achieved near record orders in 2016, with the company booking a total of 2,677 engines, including 876 CFM56 engines (commercial, military and spares) and 1,801 LEAP engines (including commitments and spares). 2017 is already off to a good start, with more than 580 engine orders received in January. At the same time, the

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STS Aviation Group forms strategic alliance with Cannon Aviation

MRO & Production / Leave a Comment

STS Aviation Group has formed a new corporate division focused on delivering aircraft repair and modification services. The new division is aptly named STS Repair and Modification, and it is built around an existing team of highly skilled Aircraft Maintenance Technicians and Aerospace Engineers that provide fixed-cost aircraft repair and modification services to customers worldwide.

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Bombardier charts net loss of US$98m for financial year 2016

Norwegian reports 2016 net profit of more than NOK1.1bn

Boeing debuts 787-10 Dreamliner

Air Canada reports 2016 net income of CA$876m

Air Lease Corporation signs lease agreements for two new airbus A330-900neo aircraft with Air Mauritius

Pemco secures YTO Carbo Airlines contract for Passenger-to-Freighter conversion

PAS Technologies highlights major growth at Hillsboro, Ohio facility

Aviator from Jeppesen integrates EFB apps in single framework

2016 CFM orders surpass 2,600 engines

STS Aviation Group forms strategic alliance with Cannon Aviation

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19 February 2017

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