May 3, 2018

Bombardier to Sell Downsview Property and Establish New Center of Excellence

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In a press release issued on May 3, by Bombardier, aside from highlighting a 12% increase in year-over-year revenue to US$4bn, the plane and train maker has also announced that it has entered into a definitive agreement to sell its Downsview, Toronto property to the Public Sector Pension Investment Board for approximately US$635 million, giving […]

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Delta reports operating performance for April 2018

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Delta Air Lines has reported operating performance for April 2018. The company carried 15.9 million passengers across its broad global network, a record for the month of April. Total traffic was up 3.7% compared to April 2017, while total capacity increased 4.0%. The load factor for the month was down 0.2 points to 85.2%.

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SureFly Personal Helicopter takes historic flight

Aircraft & Engines / Leave a Comment

SureFly the personal helicopter EVTOL aircraft designed for safe and easy flight – completely conceived, designed, built and tested in America by Workhorse – has taken flight, completing its first successful, manned, untethered hover outside of Cincinnati, OH. Workhorse is the only company with the necessary FAA experimental certification to test this type of vehicle

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West Star Aviation appoints Jim Rankin as CEO

People / Leave a Comment

West Star Aviation has announced an enhancement to their leadership team by adding Jim Rankin as CEO. Bob Rasberry has been named Chairman of the Board, and Rodger Renaud will remain President and Chief Operating Officer. Rankin began his career in aviation as a pilot flying for Midwest Airlines accruing over 11,000 flight hours. He

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Wizz-Air UK receives Air Operator’s Certificate and Operating Licence

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Wizz Air UK, a wholly-owned subsidiary of Wizz Air Holdings, has been granted an Air Operator’s Certificate (AOC) and Operating Licence (OL) by the United Kingdom’s Civil Aviation Authority. Wizz Air UK, headquartered at London Luton airport, begins operations on May 3, with the first flight between London Luton and Bucharest. Wizz Air UK will

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American Airlines signs contract for 15 Embraer E175s

Aircraft & Engines / Leave a Comment

Embraer and American Airlines have signed a firm order for 15 E175 jets with a 76-seat configuration. The contract has a value of US$705m, based on current list prices and will be included in Embraer’s 2018 second-quarter backlog. Deliveries will take place in 2019 between March and November. Combined with the airline’s three previous orders

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AerCap reports net income of US$265.4m for first quarter of 2018

Financial / Leave a Comment

Dublin-based AerCap Holdings has reported net income of US$265.4m, compared with us$261.2m for the same period in 2017. The increase in net income was primarily driven by an increase in net gain on sale of assets, partially offset by the impact of the Air Berlin and Monarch Airlines lease terminations in the second half of

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SR Technics appoints new General Manager in Spain

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SR Technics has named Mireia Gaona as General Manager for SR Technics Spain. Mireia Gaona will succeed David Mottram, who is retiring mid-2018 after more than three decades in aviation business. The three-month transition will begin on May 3, 2018. Mireia Gaona joins SR Technics from ITP Aero, where she served as MRO Repair Engineer.

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MTU Aero Engines starts 2018 with increased revenues and earnings

Financial / Leave a Comment

MTU Aero Engines AG generated revenues of €1,016.4m in the first quarter of 2018, an increase of 5% compared with the same period of the previous year (1-3/2017: €971.9m). The group’s operating profit rose by 11% from €157.9m to €175.1m, pushing up the EBIT margin from 16.2% to 17.2%. Earnings after tax increased in line

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Bombardier signs contract with American Airlines for 15 firm CRJ900 aircraft

Aircraft & Engines / Leave a Comment

Bombardier Commercial Aircraft has signed a firm order for 15 new CRJ900 regional jets with American Airlines. The purchase agreement also includes options on an additional 15 CRJ900 aircraft. Based on the list price of the CRJ900 aircraft, the firm order is valued at approximately US$71m. American has selected PSA Airlines to operate the 15

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Bombardier to Sell Downsview Property and Establish New Center of Excellence

Delta reports operating performance for April 2018

SureFly Personal Helicopter takes historic flight

West Star Aviation appoints Jim Rankin as CEO

Wizz-Air UK receives Air Operator’s Certificate and Operating Licence

American Airlines signs contract for 15 Embraer E175s

AerCap reports net income of US$265.4m for first quarter of 2018

SR Technics appoints new General Manager in Spain

MTU Aero Engines starts 2018 with increased revenues and earnings

Bombardier signs contract with American Airlines for 15 firm CRJ900 aircraft

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3 May 2018

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