Ryanair has reported its lowest annual profit for four years, warning that earnings could fall further during what CEO Michael O’Leary describes as “attritional fare wars”. Shares closed at €10.30, a drop of 4.6%, having rallied slightly from a 6% drop after reassurance from O’Leary that a couple of years of lower fares and profitability […]
Ryanair’s annual profit slumps 29% to four-year low Read More »
Honda Aircraft Company plans to expand its global headquarters in Greensboro, NC by investing an additional US$15.5 million in a new 82,000-ft² facility on its 133+ acre campus in Greensboro. This will bring the company’s total capital investment in its North Carolina facilities to more than US$245 million. Scheduled to break ground in July 2019,
Honda Aircraft Company to expand production facility in Greensboro, NC Read More »
Airbus has delivered its 12,000th aircraft ever in its 50-year history. The aircraft was an A220-100, assembled in Mirabel, Canada and handed over to U.S.-based Delta Air Lines. The aircraft is the 12th A220 delivered to date to Delta Air Lines since the carrier received its first A220 in October 2018. The A220 started scheduled service with
Airbus delivers its 12,000th aircraft – an A220-100 to Delta Air Lines Read More »
Embraer’s new Praetor 600 super-midsize business jet was granted its Type Certificate by EASA (European Union Aviation Safety Agency) and by the FAA (Federal Aviation Administration). The announcement was made during the company’s press conference at the European Business Aviation Conference and Exhibition (EBACE) in Geneva, Switzerland. Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação
Embraer Praetor 600 now triple-certified Read More »
AAR has completed its first planned overhaul, age exploration and planned inspection of its first U.S. Navy P-8A Poseidon (P-8A) aircraft. As part of a seven-year, indefinite-delivery/indefinite-quantity (IDIQ) contract signed last year with the Navy, AAR is providing heavy depot airframe maintenance, as well as year-round field support, for the U.S. fleet. The P-8A aircraft
AAR delivers first P-8A Poseidon to U.S. Navy fleet Read More »
The German government has placed a firm order for three ACJ350-900 XWBs, becoming the first government customer for the type, which has already been ordered by private customers. The aircraft are destined for a mix of government, troop transport and medical evacuation roles. Delivery of the first aircraft is planned for 2020, and the other
German Government places order for three ACJ350s Read More »
Comlux has delivered its first VIP wide body cabin completion on an Airbus ACJ330. Both the interior design and the cabin outfitting have been performed by Comlux Completion, the Completion & Services center of the group, based in Indianapolis USA. The ultra-spacious interior of over 200 m² /2200 ft² allows up to 31 passengers to
Comlux delivers first VIP wide body cabin completion Read More »
Inflite The Jet Centre, part of the Inflite group of companies, based at London Stansted Airport, has received Authorised Service Centre status from Rolls-Royce to support the engines that power Embraer’s Legacy 600 and 650 business jets. Effective immediately, Inflite will deliver the OEM’s CorporateCare® and CorporateCare Enhanced MRO services to the Rolls-Royce AE 3007,
Inflite The Jet Centre receives Rolls-Royce Authorised Service Centre status Read More »
FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, earned €119 million in revenue in 2018, which is approx. 14% more than in 2017 (€103 million) and reached net profit of €10.8 million (€5,7 million in 2017). FL Technics has expanded their clients’ portfolio by signing Lufthansa Group for a €11
FL Technics finalizes year 2018 with €10,8 million net profit Read More »
Having been in administration since last year, Italian aircraft maker Piaggio Aerospace will not be broken up as a buyer is sought, according to a statement from Italian government Deputy Prime Minister Luigi Di Maio. The hope is that a buyer will be found for the whole, or one of its two divisions – engines
Italian government won’t let Piaggio be broken up despite being in administration Read More »
