Bombardier has reported its second quarter 2017 results. For the quarter, Bombardier reported revenues of US$4.1bn. EBIT before special items grew to US$164m, up 55% over the same period last year. EBIT margins before special items were 8.2% for Transportation, a robust 8.9% at Business Aircraft and 7.7% at Aerostructures. Bombardier reported a net loss […]
Bombardier posts second quarter net loss of US$296m Read More »
Universal Avionics and Chicago Jet Group have announced EASA approvals for multiple retrofit Future Air Navigation System (FANS) Supplemental Type Certifications (STC). These significant approvals offer European-based operators access to STC solutions that haven’t been available to them until now. The retrofit installations include Universal Avionics FANS solution, featuring the company’s UniLink UL-800/801 Communications Management
Airborne Maintenance & Engineering Services (AMES), a subsidiary of Air Transport Services Group, has appointed Ben Ward as General Manager of its PEMCO World Air Services division. Mr. Ward brings over 30 years of experience to his new role. Most recently he served as PEMCO’s Chief Financial Officer.
AMES names BEN Ward General Manager of PEMCO Division Read More »
Airbus has executed a definitive agreement under which Motorola Solutions will acquire Plant Holdings, which holds the Airbus DS Communications business. This agreement is part of the portfolio reshaping within the Airbus Defence and Space Division announced in September 2014. Airbus DS Communications is a leading provider in North America of command centre software for
Airbus to sell Plant Holdings to Motorola Solutions Read More »
CTT Systems AB, the market leader in aircraft humidity control systems, announces a Zonal Drying order for additional 14 Boeing Next-Generation 737-800s from Pobeda Airlines (a low-cost airline in the Aeroflot Group) to be line fitted from February 2018. Peter Landquist, VP Sales & Marketing, CTT Systems AB, comments: “We are privileged to receive an
CTT Systems receives Zonal Drying order for 14 Boeing Next-Generation 737-800s Read More »
Turboprop manufacturer ATR and the Indonesian airline TransNusa have extended their Global Maintenance Agreement (GMA). Signed in 2014, the initial contract covered the repair, overhaul and pooling services of Line Replaceable Units, along with propeller services, fuel nozzle services and an on-Sste stock support for the domestic carrier’s fleet of two ATR 72-600s. The GMA
ATR and TransNusa extend their global maintenance agreement Read More »
MTU Aero Engines AG generated revenues of €2,548.0m in the first six months of 2017, up 11% on the previous year (1-6/16: €2,299.2m). The group’s operating profit increased by 26% from €254.1m to €320.8m, resulting in an EBIT margin of 12.6% (1-6/16: 11.1%). Earnings after tax increased by 29% from €176.1m to €227.5m. “The development
MTU Aero Engines raises forecast Read More »
In the second quarter 2017, Embraer delivered 35 commercial and 24 executive (16 light and 8 large) jets, compared to the 26 commercial and 26 executive (23 light and 3 large) jet deliveries in the second quarter 2016. The Company’s firm order backlog ended the quarter at US$18.5bn. Revenues in the second quarter increased 29.5%
Embraer posts second quarter 2017 results Read More »
Robinson Helicopter Company received FAA certification for its R66 Turbine Newscopter. The turnkey ready R66 ENG (Electronic News Gathering) helicopter is the ideal solution for television news outlets wanting a reliable, economical, turbine powered helicopter with a state-of-the-art news broadcasting system. Powered by the Rolls Royce RR300 turbine engine, the four-place R66 Newscopter delivers greater
FAA certifies Robinson R66 Turbine Newscopter Read More »
