March 1, 2017

New Chinese airline signs AFIRS contract with FLYHT for US$1.68 million

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FLYHT Aerospace Solutions (FLYHT) has announced a sale of its Automated Flight Information Reporting System (AFIRS) to a new commercial airline in the People’s Republic of China. Michael Fang, FLYHT’s Vice President China Sales, confirmed that: “This is another important win for FLYHT as we continue to demonstrate our value to the Chinese market,” adding, …

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Airbus welcomes new agreement on industrial partnerships with Japan

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Airbus welcomed the signature of a new chapter of the Memorandum of Cooperation (MoC) in Civil Aeronautical Industry between the Ministry of Economy, Trade, and Industry of Japan (METI) and the Directorate General for Civil Aviation of the Ministry of Ecology, Sustainable Development and Energy (MEDDE) of the French Republic. The agreement was signed on …

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Precision Aviation Group invests in additional MRO capabilities at Australia facility

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Precision Aviation Group has completed the third expansion in four years at the Brisbane, Australia based EASA, CASA & FAA approved repair station. The expansion will accommodate the growth of the company’s wheel and brake, starter generator and accessory Maintenance Repair and Overhaul (MRO) services, doubling the size of their facility from 10,000-ft² to 20,000-ft². …

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Waypoint Leasing places two H135s with Mackay Helicopters

Aircraft & Engines / Leave a Comment

Waypoint Leasing, an independent global helicopter leasing company, will deliver two Airbus Helicopters H135s from its order book on lease to Mackay Helicopters, an Australian helicopter operator. Waypoint’s H135s will operate out of Mackay’s North Queensland Base on specialist helicopter marine pilot transfer operations. Ian Vanderbeek, CEO of Aviator Group, Mackay’s parent company, said, “The …

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A321neo with CFM LEAP-1A engines receives joint EASA/FAA certification

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Airbus reported that the A321neo powered by CFM International’s LEAP-1A engine has received Type Certification from the European Aviation Safety Agency (EASA) and the U.S. Federal Aviation Administration (FAA), paving the way for delivery of the first A321neo equipped with the LEAP engine later this year.

QinetiQ signs for four H125 for Empire Test Pilots’ School

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QinetiQ has signed a deal for four Airbus H125 helicopters as part of its modernisation of the Empire Test Pilots’ School (ETPS), which it manages alongside the UK’s Ministry of Defence (MOD). Worth approximately £15m, the deal will see Airbus Helicopters’ UK design team upgrade the Garmin G500-equipped aircraft with, among other capabilities, a 3-axis …

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HEICO Corporation reports 31% increase in net income

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HEICO CORPORATION reported that net income increased 31% to US$40.9m in the first quarter of fiscal 2017, up from US$31.3m in the first quarter of fiscal 2016. Operating income increased 23% to US$64.6m in the first quarter of fiscal 2017, up from US$52.6m in the first quarter of fiscal 2016. The Company’s consolidated operating margin …

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Rising demand sees AJW expand headquarters

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AJW Group, a leading specialist in the supply, exchange, repair and lease of commercial aircraft spare parts, has announced the expansion of its 375,000 ft² global headquarters in response to rising demand. AJW, which is headquartered near Gatwick, in West Sussex, has secured planning permission to expand its secondary warehouse by a further 175,000 ft² …

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Jet Maintenance Solutions reports record growth in 2016

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Global provider of tailor-made MRO services for business and regional aviation, Jet Maintenance Solutions (Jet MS), has announced its financial results of the year 2016, showcasing over 5 time increase in profit and a record, 26% of revenue growth. The European MRO provider has enlarged its operations on the back of successfully introducing Bombardier Challenger …

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Airbus to propose new Board Member, legal name change at AGM

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Airbus has published the agenda for its Annual General Meeting (AGM) being held on April 12, 2017, including the proposed appointment of a new independent director, renewal of the Chairman’s Board mandate and approval of the Company’s new legal name. Shareholder approval will be sought for the appointment of Lord Drayson, 56, as an independent …

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New Chinese airline signs AFIRS contract with FLYHT for US$1.68 million

Airbus welcomes new agreement on industrial partnerships with Japan

Precision Aviation Group invests in additional MRO capabilities at Australia facility

Waypoint Leasing places two H135s with Mackay Helicopters

A321neo with CFM LEAP-1A engines receives joint EASA/FAA certification

QinetiQ signs for four H125 for Empire Test Pilots’ School

HEICO Corporation reports 31% increase in net income

Rising demand sees AJW expand headquarters

Jet Maintenance Solutions reports record growth in 2016

Airbus to propose new Board Member, legal name change at AGM

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1 March 2017

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