March 14, 2019

Embraer fourth-quarter results – major loss reveals executive jet concerns

Embraer SA, the Brazilian plane maker, has reported an unexpected fourth-quarter loss due to a write down in its underperfoming executive jets division. The results have subsequently cast even greater concern over the company’s decision to sell off 80% of its profit-making commercial jet unit to Boeing. The US$18.1 million fourth-quarter loss was primarily due […]

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JetBlue reports February traffic increase of 6%

Traffic

JetBlue Airways has reported its preliminary traffic results for February 2019. Traffic in February increased 6.0% from February 2018, on a capacity increase of 7.5%. Load factor for February 2019 was 81.5%, a decrease of 1.1 points from February 2018. JetBlue’s preliminary completion factor for February 2019 was 98.5% and its on-time performance was 70.0%.

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Etihad Airways Engineering Expands Capabilities with A350 MRO Services

MRO & Production

Etihad Airways Engineering has added Airbus A350 maintenance capabilities to its extensive inhouse portfolio. Etihad Airways Engineering is part of the Airbus MRO Alliance and has emerged as a centre of excellence for the Airbus A380, having supported the A380 fleets of Etihad Airways and third-party customers in the Middle East, Asia, Europe and Australia.

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DRAKKAR and Avianor Conclude Partnership Agreement

People

DRAKKAR, a specialized company in operational outsourcing within leading-edge sectors including Aerospace and Avianor have finalized a partnership agreement which will enable Avianor to accelerate its growth strategy. With the help of Ernst & Young Orenda Corporate Finance, Avianor strongly believes the strategic and Canadian-based company DRAKKAR is the best partner to secure the future

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Rolls-Royce successful ground tests hybrid system using its M250 gas turbine

Aircraft & Engines

Rolls-Royce has taken a significant step towards realising its ambition to provide hybrid-electric propulsion systems for the next generation of aviation. The company announced that it successful ground tested a hybrid system using its M250 gas turbine, a highly successful engine usually powering helicopters. The tests are part of one of the most comprehensive hybrid

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Bombardier Concludes Sale of Business Aircraft Training Unit to CAE

Financial

Bombardier has confirmed the conclusion of the sale of its flight and technical training activities to CAE, for an enterprise value of CA$645 million. Net proceeds are expected to be approximately CA$500 million after the assumption of certain liabilities, fees, and closing adjustments. Bombardier and CAE also agreed to continue their Authorized Training Provider (ATP)

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Newbow Aerospace starts 2019 with Expansion

MRO & Production

Newbow Aerospace, a design, manufacturer and supplier of Ground Support Equipment to the aviation industry, has announced a significant expansion of their manufacturing and production facility to meet customer demand. The new facility, which neighbours their headquarters in central UK, will see the company’s production capacity double in size, increase its workforce by 30% and

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Pratt & Whitney’s Singapore Engine Center Completes First GTF™ Engine MRO

MRO & Production

Eagle Services Asia, Pratt & Whitney’s engine center in Singapore, marks its first PW1100G-JM GTF™ engine overhaul. It also achieved FAA certification in March 2019, adding to approvals received from EASA and CAAS in late 2018. This milestone shows that the facility is progressing on track with ramping up for GTF overhauls. In January 2019,

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AviaAM Leasing delivers two Airbus A321 to Air Transat

Aircraft & Engines

AviaAM Leasing has delivered two Airbus A321-211 aircraft to Canada‘s holiday travel airline company – Air Transat. Within a few months, AviaAM Leasing team has fully administered the necessary aircraft checks according to the new operator’s requirements. The aircraft MSN 4103 and MSN 4500 were finally delivered to the customer at FL Technics facilities in

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Air Partner appoints Lee Rennie as Partner Relationship Manager

People

Air Partner, the global aviation services group, has appointed Lee Rennie to the newly created role of Partner Relationship Manager in its UK Charter team. Lee will be based at Air Partner’s headquarters in Gatwick and will report directly to Managing Director Tony Whitty. Rennie brings with him a wealth of industry experience, most recently

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Embraer fourth-quarter results – major loss reveals executive jet concerns

JetBlue reports February traffic increase of 6%

Etihad Airways Engineering Expands Capabilities with A350 MRO Services

DRAKKAR and Avianor Conclude Partnership Agreement

Rolls-Royce successful ground tests hybrid system using its M250 gas turbine

Bombardier Concludes Sale of Business Aircraft Training Unit to CAE

Newbow Aerospace starts 2019 with Expansion

Pratt & Whitney’s Singapore Engine Center Completes First GTF™ Engine MRO

AviaAM Leasing delivers two Airbus A321 to Air Transat

Air Partner appoints Lee Rennie as Partner Relationship Manager

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14 March 2019

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