Bombardier’s revenues for the quarter were US$4.3 billion. Adjusted EBITDA and adjusted EBIT for the quarter were US$312 million and US$206 million respectively, mainly driven by a 7.0% adjusted EBIT margin at Business Aircraft while Transportation recorded a 5.1% adjusted EBIT margin. Transportation’s lower margin reflects additional cost pressure mainly on its large, complex legacy …
GECAS has delivered the first of four A320neo headed to Yunnan Hongtu Airlines (Hongtu Airlines). As announced at Farnborough 2018, Hongtu Airlines (operating as Air Travel) has agreed to lease four of the new-technology narrowbodies from GECAS’ skyline orderbook. This delivery marks the first LEAP-powered A320neo to enter service with Hongtu Airlines. Launching operations in …
Hongtu Airlines takes delivery of first A320neo on lease from GECAS Read More »
Only 30 months after Liebherr-Aerospace entered the Heat Exchanger maintenance market in 2016 with the opening of a dedicated Center of Excellence in Saline, Michigan (USA), the company was able to celebrate the delivery of its 5,000th heat exchanger unit. A milestone that attests the success of this repair activity. With the decision to establish …
Liebherr-Aerospace delivers 5,000th heat exchanger unit Read More »
Turkish Airlines (TK) and Bangkok Airways have announced a new codeshare partnership, which will provide their passengers with convenient travel connections from Turkey to destinations in Thailand and other cities in Southeast Asia, commencing on August 1, 2019. Under this agreement, codeshare flights operated by Bangkok Airways currently cover 16 roundtrip routes on both domestic …
Turkish Airlines and Bangkok Airways announce new codeshare partnership Read More »
Spirit’s second quarter 2019 revenue was US$2.0 billion, up from the same period of 2018. This increase was primarily driven by higher production volumes on the Boeing 777 and 787 programs, favorable model mix on the Boeing 737 program and higher revenue recognized on the Boeing 787 program. Second quarter net income was US$168 million …
Spirit AeroSystems posts solid second quarter results Read More »
Demand for aircraft wheel repair services by S7 Technics is accelerating. In July, the maintenance, repair and overhaul (MRO) specialist and Gazprom Avia, Russia’s largest corporate airline, jointly signed a new wheel MRO contract to support the Boeing 737-700 and the Superjet 100 aircraft types. Repairs to Gazprom Avia’s aircraft wheels will be performed by …
S7 Technics to increase Gazprom Avia’s wheel repair work by 35% Read More »
BOC Aviation has placed four new Airbus A321neo aircraft with Scoot Airlines, the low-cost arm of the Singapore Airlines Group. The aircraft are powered by Pratt & Whitney’s PurePower® PW1100G-JM engines, and are scheduled for delivery in the second half of 2020.
Munich Airport US Holding, the US-based 100% subsidiary of Munich Airport International (MAI) for business in the United States and Canada, has appointed Jean-Pierre Tabet as the company’s Managing Director as of August 1st, 2019. In his new role he will coordinate and manage all shared service support to the US Holding’s subsidiaries. Besides, Tabet …
EngineStands24, a subsidiary of Magnetic MRO, a global provider of total technical care for aircraft operators and lessors, opened a new hub in Guangzhou, China. The Guangzhou hub will be launched in cooperation with Magnetic MRO’s shareholder, Chinese company Hangxin Aviation Services and will begin operating by offering its customers a selection of the most …
CDB Aviation has placed one Boeing 737-800 aircraft on a long-term lease to a new customer in Russia, Joint-stock company NordStar Airlines, with airport bases in Krasnoyarsk and Moscow (Domodedovo). The 737-800 aircraft was delivered to the carrier in Ostrava, Czech Republic on July 30, and is expected to support the carrier’s expanding operations between …
CDB Aviation delivers 737-800 to new Russian customer Read More »
