17 August 2017

Southeast Aerospace completes multifaceted Cessna 421B Garmin Avionics package installation

Southeast Aerospace has completed a multifaceted Cessna 421B Garmin Avionics package installation. The Garmin Avionics package included the installation of a GTN-750 and GNC-255A for radio communication. The intercom system was wired for a 4 passenger ICS. Music inputs were placed on the aircraft instrument panel and one at the VIP seat for music input […]

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GMT Global Republic Aviation acquires one Airbus A319 aircraft

GMT Global Republic Aviation (GMT Global) has completed the acquisition of one Airbus A319‐100 aircraft, on lease to American Airlines. ”GMT is pleased to add this aircraft to our portfolio” said Randy Dietrich, CEO of GMT Global and Republic Financial Corporation. “The A319 has established itself as an integral part of the single‐aisle market and

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ST Engineering reports lower profits in second quarter 2017

Singapore Technologies Engineering (ST Engineering) has announced that Group revenue for its second quarter ended 30 June 2017 (2Q2017) came in 8% higher at S$1.76bn compared to S$1.62bn in the same period last year. Group quarterly Profit before tax (PBT) fell 12% year-on-year to S$149.8m from S$170.3m, mainly due to an S$8.1m loss from the

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IAI posts second quarter net income of US$21m

Israel Aerospace Industries, Israel’s largest national military and civilian security defense company, has issued its consolidated financial statements for the quarter ended June 30, 2017. In the second quarter 2017, the Company reported a record growth in order backlog to US$11.1bn. The Company reported sales totaling US$859m in the second quarter of the year, as

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Shree Airlines joins Bombardier’s family of CRJ Series aircraft operators

Shree Airlines has launched a new regional jet service with Bombardier CRJ Series aircraft. The Nepali carrier commenced service with its first CRJ200 aircraft on August 11, 2017. Shree Airlines have acquired all three CRJ Series aircraft from a third party. The CRJ Series regional jets share commonality benefits that provide flexibility to operators and

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