7 March 2018

United Airlines Halts Proposed Bonus Lottery After Flood of Staff Complaints

United Airlines has had to backtrack rapidly as a proposed new lottery bonus scheme was met with universal disapproval by the airline’s staff. Instead of paying each member of staff a US$375 quarterly bonus based on meeting on-time departures, on-time arrivals and other performance-related targets, the company had proposed a lottery-style bonus system for eligible […]

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LHT signs Branded Service Agreement for CFM LEAP-1A engine

CFM International and Lufthansa Technik have completed a CFM Branded Service Agreement (CBSA) on February 28, to support CFM LEAP-1A engines. Under the terms of the CBSA, Lufthansa Technik becomes part of the maintenance, repair, and overhaul (MRO) network for LEAP-1A engines. “It is a real pleasure to welcome a provider of the caliber of

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Airbus completes sale of Plant Holdings to Motorola Solutions

Airbus has finalised the sale of Plant Holdings, which holds the Airbus DS Communications business, to Motorola Solutions, after receiving the required regulatory approvals. This divestment 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

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Certification cements AJW Group’s commitment to sustainability

AJW Group is pleased to announce that it has renewed its ISO 14001: 2004 and OHSAS 18001:2007 certifications, reaffirming its commitment to the highest environmental and health and safety standards. The two certifications are the latest update to a broad programme of initiatives at AJW’s Slinfold headquarters to improve sustainability. These include: a paperless office

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Rolls-Royce posts underlying profit of £520m for its Civil Aerospace segment

Rolls-Royce has announced that its Civil Aerospace segment posted underlying revenue of £8,023m and underlying operating profit of £520m for full year 2017. The company reported underlying revenue and underlying operating profit growth of 12% and 34% respectively, driven by 35% increase in large engine delivery volumes and a 12% increase in invoiced flying hours.

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AeroCentury Corp. reports fourth quarter 2017 earnings of US$6.0m

Independent aircraft leasing company AeroCentury Corp., has reported fourth quarter earnings of US$6.02m, compared to US$385,000 in the third quarter of 2017 and a loss of US$40,000 in the fourth quarter of 2016. Fourth quarter 2017 results included a US$5.4m tax benefit from the revaluation of the Company’s deferred tax liability caused by of the

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Sabre selected as global technology partner to Flight Centre Travel Group

Sabre has signed a new agreement with Flight Centre Travel Group, one of the world’s largest travel agency groups, to provide its distribution services as well as the new Sabre Red Workspace to Flight Centre travel agents in Australia and New Zealand. The two companies share a commitment to innovation and a vision for the

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