2 March 2017

Aeroflot announces RUB 63,254 million (US$660 million) net profit for 2016

Aeroflot Group has published audited financial accounts for the year ending 31st December 2016 which reveal a net profit of RUB 63,254 million for the Russian flag-carrying airline and member of the Sky Team alliance. Revenue increased by 19.4% year-on-year to RUB 495,880 million; EBITDAR amounted to RUB 137,567 million, up 33.4% year-on-year, while EBITDAR […]

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A350-1000 undergoes rigorous ground and flight tests in extreme operating conditions

The latest member of Airbus’ all-new A350 XWB widebody family has undergone rigorous ground and flight tests in the extreme operating conditions of Iqaluit, Canada. Iqaluit, a Canadian territory with a polar climate caused by the Labrador Current, allows Airbus’ longest-fuselage A350-1000 version to face-off against one of the most challenging environments for an aircraft.

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Delta to fly quieter aircraft at New York's LaGuardia airport

Effective March 2, Delta will stop flying MD-88 aircraft on a scheduled basis at New York’s LaGuardia Airport. The airline will instead fly existing MD-88 routes on a mix of quieter, more fuel-efficient Airbus A320 family aircraft, Boeing 737s and a limited number of MD-90 mainline aircraft, minimizing environmental impact at the busy airport and

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Lufthansa Technik selects UTC Aerospace Systems aircraft interface device solution

Lufthansa Technik has selected the latest generation AID from UTC Aerospace Systems to enable a wide range of cost-saving solutions for its customers. Lufthansa Technik launched a review of AID solutions from leading suppliers on behalf of Lufthansa for a more connected aircraft and the associated value-creating solutions. The study evaluated AID products from suppliers

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Air Lease Corporation announces pricing of public offering of US$500m of 3.625% unsecured senior notes

Air Lease Corporation announced the pricing on March 1, 2017 of its public offering of US$500m aggregate principal amount of 3.625% unsecured senior notes due 2027. The Notes were offered to the public at a price of 98.241% of their face amount. The sale of the Notes is expected to close on March 8, 2017,

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Sikorsky transfers S-70i helicopter to Aselsan for Turkish Utility Helicopter Program development

Sikorsky, a Lockheed Martin company, has transferred to defense electronics firm Aselsan an S-70i Black Hawk helicopter for use as the prototype aircraft for the Turkish Utility Helicopter Program (TUHP). The aircraft will enable Sikorsky to integrate an Aselsan-developed avionics suite into the Republic of Turkey’s new T70 utility helicopter, and later into Turkish-built Sikorsky

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Lockheed Martin new hybrid aircraft aimed at Asian market

Straightline Aviation Ltd, operators of Lockheed Martin’s revolutionary new Hybrid aircraft, is specifically targeting the Chinese and Asia-Pacific markets. The company, which already has offices in the UK and US is now looking to expand its global presence with a base in the region. The hybrid aircraft is being heralded as a game changing aviation

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Rolls-Royce AE engine family hits 70 million flight hours

The Rolls-Royce AE engine family has topped 70 million engine flight hours, amassing a record of dependable and efficient service across military and commercial fleets in the US and around the world. Rolls-Royce AE engines power C-130Js, V-22s, Global Hawks and a number of military, corporate and regional aircraft. They are in service with the

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