Despite immediate fluctuations, shares in the French plane manufacturer Airbus remained barely down on Tuesday after the announcement of a 63% drop in profits at €916 million for 2016, compared to €2.2 billion in 2015. The principal reason for the dramatic drop in profitability rests at the door of the A400M military jet, which took […]
Airbus announces 63% drop in profit for 2016 – A400M to blame Read More »
Cirrus Aircraft reported that new customer aircraft deliveries of its SR line of aircraft reached a recent multi-year high of 317 units for 2016. Further highlighting the year were initial customer deliveries of the world’s first single-engine Personal Jet, the Cirrus Vision Jet, as three units were delivered to customers in the U.S. Total new
Cirrus Aircraft delivers more than 300 units in 2016 Read More »
Korean Air took delivery of the airline’s first 787-9 Dreamliner on February 22. The Seoul-based carrier will be the first Korean carrier to operate the 787-9 Dreamliner in the country. The airline is scheduled to launch domestic flights to Jeju from Seoul (Gimpo) for a month as part of the required certification period, before launching
Boeing delivers Korean Air's first 787-9 Dreamliner Read More »
Concourse D marks its first anniversary on February 24 following a successful inaugural year that saw over 16.6 million passengers. Concourse D, which represents the final major piece of infrastructure to be built at DXB as part of the US$7.8bn Strategic Plan 2020 programme, was a timely addition to the airport when it first opened
Concourse D marks first anniversary on February 24 following successful inaugural year Read More »
In 2016, SKY Leasing, a full-service aircraft leasing company headquartered in Dublin, Ireland, originated an initial portfolio of 18 aircraft with an appraised value of approximately US$1.0bn, diversified globally across 14 different lessees including Aeroméxico, China Airlines, Ethiopian Airlines, Hawaiian Airlines, Malindo Air, and Volaris. During its launch year, SKY Leasing successfully established itself as
SKY Leasing completes successful launch year Read More »
Safran Nacelles has strengthened its maintenance, repair and overhaul (MRO) expertise with the creation of an MRO Center of Excellence at the company’s Pont-Audemer facility in France’s Normandy region. Expanding on the existing MRO industrial resources in Pont-Audemer’s current facilities, this new Center of Excellence brings numerous advantages to customers that utilize and maintain the
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The Air Ambulance division of German Special Mission Operator FAI rent-a-jet AG has reported record operational and financial results in 2016, achieving revenues of more than €45m for the first time in the company’s history. The division’s revenues for 2016 mark an increase of over 7% compared with 2015. For the first time the business
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Avolon, the international aircraft leasing company, announces the delivery of one Airbus A320NEO aircraft to Garuda. This is the eighth Avolon aircraft on lease to Garuda.
Avolon delivers one Airbus A320NEO to Garuda Read More »
ATR officially inaugurated its new Training Center in Miami, Florida, US. This new facility is equipped with a brand new Full Flight Simulator (FFS) for ATR -600 series aircraft, provided by CAE. The new ATR Training Center, located at the Airbus training premises, is especially oriented to current and future ATR operators on the American
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