Singapore Technologies Engineering has reported that its Aerospace sector has received a number of contracts in the second quarter 2019, worth about US$809 million, from airframe to engine MRO services and support. These contracts include a multi-year agreement from a long-time customer to provide heavy maintenance services to their entire fleet of Boeing 717s, agreements …
Southwest Airlines’ second quarter 2019 total operating revenues increased 2.9%, year-over-year, to an all-time quarterly record of US$5.9 billion, despite the negative revenue impacts as a result of flight schedule adjustments due to the MAX groundings. Second quarter 2019 net income was US$741 million compared with second quarter 2018 net income of US$733 million. Second …
Southwest reports second quarter revenues of US$5.9 billion, up 2.9% Read More »
FPG Amentum, the Dublin-headquartered aircraft leasing / management company has announced the opening of its newly set-up 100% subsidiary FPG Amentum HK Ltd. Through the Hong Kong presence the group will further strengthen its growing Asia-activities. Initially the focus is on airline and lessor relationships, debt sourcing & structuring, technical services and operations.
Spairliners GmbH and HOP!, a subsidiary airline of the AIR FRANCE Group, have extended their business relationship by signing a long-term contract for the comprehensive component support of HOP!’s E-Jet fleet. HOP! currently operates a fleet of 15 Embraer E170 and 11 Embraer E190. During the next two years HOP! will add an additional six …
HOP! extends relationship with Spairliners for component support Read More »
West Star Aviation will offer Winglet Technology’s winglet installation for the Citation Sovereign model. Current certified installation of the Transitional winglet for the Sovereign model can be completed at the Grand Junction facility, one of four West Star full-service Textron Aviation Approved Service Center locations, where West Star has already installed two sets to date. …
West Star Aviation approved for winglet installation on Citation Sovereign Read More »
AJW Group has purchased three engines CFM56-5B, CFM56-7B, V2500-A5 for teardown. The purchase of the engines was completed on July 3, 2019 and the repaired and certified engine parts will be used to bolster AJW’s strategically located inventory to support its customers worldwide. The Group has also recently purchased a package of fan blades including; …
AJW Group purchases multiple engines for teardown Read More »
Air Astana and Russian private airline S7 Airlines, have strengthened their co-operation by signing a codeshare agreement for flights between Russia and Kazakhstan. Effective for flights operated from July 15, 2019, Air Astana flights from its hubs at Nur-Sultan and Almaty, to Novosibirsk and St. Petersburg, now carry the code of S7 Airlines. Similarly, S7 …
Air Astana and S7 Siberia airlines sign codeshare agreement Read More »
At half-year, MTU Aero Engines AG has raised its forecast for 2019. The company is now projecting an adjusted EBIT margin in the region of 16%. The original forecast had been 15.5 % (2018: 14.7 %). “The increase in the earnings outlook mainly reflects two factors: One is that our MTU Maintenance Zhuhai site in …
MTU Aero Engines raises earnings and cash flow forecast at half-year Read More »
