Air Canada has reported second quarter 2019 EBITDA of CA$916 million compared to second quarter 2018 EBITDA of CA$739 million. The airline reported second quarter 2019 operating income of CA$422 million compared to second quarter 2018 operating income of CA$308 million. Adjusted net income was CA$240 million in the second quarter of 2019 compared to […]
Air Canada posts 2nd quarter net income of CA$343 million Read More »
Announcing a 25% drop in adjusted EBIT earnings to €754 million for the second quarter and net profit plummeting 70% to €226 million, Lufthansa’s share price fell 5.5% by 0850 GMT, July 30, having already fallen by almost a third over the last year. Aside from a €200 million tax provision hitting profits hard, the
The Air France–KLM Group has signed a Memorandum of Understanding (MoU) for 60 A220-300 aircraft to modernise its fleet. The aircraft are powered by Pratt & Whitney’s latest-generation PW1500G geared turbofan engines and are intended to be operated by Air France. Air France currently operates a fleet of 144 Airbus aircraft. With an order book
Air France-KLM signs commitment for 60 A220 aircraft Read More »
BAA Training Vietnam – a European standard aviation training provider has announced the completion of the construction of a brand new modern aviation training centre in Ho Chi Minh city. 3000-square-meter, strategically located 18km from the airport training facility is designed to accommodate 4 full flight simulators and fulfil the need of the professionals’ aviation
BAA Training Vietnam ready to open Read More »
Embraer has delivered a total of 51 jets in the second quarter of 2019, of which 26 were commercial aircraft and 25 were executive jets (19 light and 6 large). As of June 30th, the firm order backlog totaled US$16.9 billion compared to US$ 16.0 billion at the end of first quarter 2019. Embraer’s second
Embraer delivers 26 Commercial and 25 Executive Jets in 2Q19 Read More »
The Supervisory Board of Flughafen München GmbH (FMG), the Munich Airport operating company, has selected Jost Lammers as the airport’s next president and CEO. Lammers has been appointed for a five-year term effective as of January 1, 2020. He will succeed Dr. Michael Kerkloh, who is to retire on December 31, 2019 after leading the
Munich Airport Supervisory Board appoints Jost Lammers new President and CEO Read More »
GA Telesis, a leader in integrated aviation services, reported the execution of a new long-term agreement with China Express to overhaul landing gear valued at US$27 million. The agreement has a five year term and covers the repair and overhaul of the entire fleet of CRJ900 landing gear. The agreement encompasses coverage of 35 aircraft
During the second quarter 2019 BOC Aviation has delivered a total fleet of 499 aircraft owned, managed and on order. The average aircraft age was 3.1 years and the average remaining lease term was 8.2 years for the 314 owned aircraft fleet, weighted by net book value. At the end of the second quarter BOC
BOC Aviation announces operational transactions for second quarter ended June 30, 2019 Read More »
Millennium International Avionics has named Todd Slater as the new Business Development Director. In this position Slater will be responsible for developing sales and service channels for the Commercial Air Transport and Corporate Aviation divisions, along with third-party support. Slater started his career with Absolute Aviation (now Wencor) as a bench technician and has held
Millennium International Avionics names Todd Slater Business Development Director Read More »
New Caledonia’s Aircalin has taken delivery of its first of two A330-900 at a delivery ceremony in Toulouse, France, with the second aircraft joining the fleet later in 2019, replacing its existing two A330s. Aircalin is also a customer for the A320neo and will replace its existing two A320s to become an operator of two
Aircalin takes delivery of first of two A330neo aircraft Read More »
