In summary, the results for Airbus’ nine-month results for 2017 reveal revenue of €43bn, EBIT adjusted at €1.8bn, EBIT reported €2.3bn and EPS reported at €2.39bn. According to the company, the commercial aircraft market is healthy with a robust backlog which is supporting ramp-up plans. However, engine delays have had an impact on the 9m …
Airbus reports results for nine-month period 2017 Read More »
Ryanair has reported an 11% increase in profit to €1.29bn in the first half to September 30, 2017. Traffic grew 11% to 72m thanks to a strong Easter, traffic grew 11% with 5% lower airfares. Unit costs (including fuel savings) fell 5%, ex-fuel unit costs were flat. Operating activity in the first half generated over …
Cabin crew working for British Airways’ mixed fleet have voted to accept a pay deal that brings their long running dispute to an end Britain’s largest union, Unite has reported on Tuesday 31 October. 84% backed the deal which was hammered out in talks between British Airways and their union Unite. As a result of …
British Airways mixed fleet cabin crew back pay deal and end long running dispute Read More »
GE Aviation’s Digital Solutions and Tableau Software, have signed an agreement to empower commercial and military airline customers across the aviation industry with agile visual analytics that can help improve fuel efficiencies, aircraft safety and consumers’ overall flying experience. GE’s Predix platform will provide rich services with detailed data and reports blending airline and industry …
GE Aviation and Tableau partner to better serve airline industry with data analytics Read More »
AeroCentury (the Company or AeroCentury) , an independent aircraft leasing company, has signed a definitive Agreement and Plan of Merger (Merger Agreement) for the acquisition of JetFleet Holding (JHC) on October 26, 2017. JHC is the parent of JetFleet Management Corp. (JMC), which has managed the Company’s operations and aircraft portfolio since AeroCentury’s founding in …
AeroCentury signs agreement to acquire JetFleet Holding Read More »
Aergo Capital Limited headquartered in Dublin, Ireland has announced the issuance of US$584.839m of secured notes (the Notes) by METAL 2017-1 Limited (METAL Cayman) and METAL 2017-1 USA LLC (METAL USA). Together METAL Cayman and METAL USA expect to use the proceeds from the sale of the Notes to acquire a portfolio of 26 aircraft …
Embraer and American Airlines have signed a firm order for ten E175 jets. American Airlines is exercising its purchase rights from its original contract with Embraer signed in 2013. This new order is in addition to the one placed in April for four aircraft. This new order is valued at US$457m, based on current list …
Embraer and American Airlines sign contract for ten E175s Read More »
Aeronautical Engineers (AEI) has signed a contract to provide two CRJ200 SF freighter conversions to Pinnacle Partners. The first CRJ200 (MSN 7421) will commence modification in November with redelivery scheduled for March 2018. The second CRJ200 (MSN 7417) will commence modification in December, with redelivery scheduled for April 2018. Both freighter conversions will take place …
AEI to provide two CRJ200 conversions for Pinnacle Partners Read More »
India’s third largest airline, SpiceJet, has partnered with STG Aerospace in a cabin lighting retrofit programme, which will see the airline upgrade its fleet of 737-700/-800/-900 with LED aftermarket ambient lighting solution, liTeMood®. This is the first major retrofit win for STG Aerospace in the Asia Pacific region and the largest lighting retrofit contract that …
STG Aerospace receives lighting retrofit contract Read More »
BAA Training, one of the largest aviation training centres in Northern Europe, has acquired the three new full flight simulators from CAE. Under the agreement, BAA Training is procuring two Airbus A320 CAE 7000XR Series full-flight simulators (FFSs) and one Boeing 737NG CAE 7000XR Series FFS. The full-flight simulators will be equipped with the latest …
BAA Training acquires three new full-flight simulators from CAE Read More »
