October 17, 2019

Sabre buys Radixx in US$110 million deal

Sabre Corporation, the travel technology company based in Southlake, Texas has announced its acquisition of Radixx, the Orlando, Florida-based technology provider to low-cost and retail-focused airlines. Radix was founded in 1993 to leverage the technology industry’s fast-paced advancements, focusing on cloud-based solutions that could be rapidly deployed by airlines. With low-cost carriers holding a 30% […]

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Czech Airlines Technics finalizes cabin modification for Finnair

MRO & Production

CSAT employees completed the cabin modification and connectivity installation on a total of 24 Finnair aircraft in Hangar F at Václav Havel Airport Prague. As a result, all aircraft have a new cabin configuration and layout and Finnair customers can access internet and Finnair’s complimentary onboard Nordic Sky Portal during the flight. This was the

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Alcoa posts third-quarter net loss of US$221 million

Uncategorized

Alcoa has reported a net loss of US$221 million for the third-quarter of 2019, compared with a net loss of US$402 million in the second quarter of 2019. The results include US$139 million of special items, including US$134 million in charges associated with the divestiture of the Avilés and La Coruña facilities in Spain, and

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Inflite MRO Services wins Spairliners contract for Embraer E-Jet component repair work

MRO & Production

Inflite MRO-Services, part of the Inflite Group, has secured a new, long-term contract with Spairliners GmbH, the Lufthansa Technik/Air France Industries KLM Engineering & Maintenance JV business, to handle component repair work on the Embraer E-Jet 170 and 190 aircraft. The contract was signed during the MRO Europe Show in London. When work commences in

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Spatial to manufacture Water Evacuation Trainer for Singapore Airlines

Uncategorized

Spatial, a provider of cabin crew training simulators, is to manufacture a Water Evacuation Trainer for Singapore Airlines. With a B787 fuselage, the trainer will provide Singapore Airlines’ cabin crew with the highest possible training standards in all Safety and Emergency Procedures (SEPs). Training will include door operation, cabin communications and aircraft systems familiarization, secure

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LCI launches first helicopter co-investment vehicle

Aircraft & Engines

Helicopter lessor LCI, the aviation division of the Libra Group, has launched its first helicopter co-investment vehicle. The new helicopter ownership vehicle contains five aircraft all on long-term lease – three Leonardo AW139 and two Sikorsky S-92 units – and is valued at over US$100 million. It has been launched in partnership with Flexam Tangible

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Turkish Technic and Satair sign strategic General Terms Agreement

MRO & Production

Turkish Technic and Satair have signed a strategic General Terms Agreement (GTA) to facilitate further business growth between the two entities. Under this agreement, Satair will support Turkish Technic with consumable and expendable spares (C&E) for the expanding Airbus aircraft fleet that is maintained by Turkish Technic. This unique agreement supports both Airbus standard hardware

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Eaton signs agreement with OEMServices to expand MRO business in Russia

MRO & Production

Power management company Eaton will provide maintenance, repair and overhaul services for components on Airbus and Boeing aircraft as part of a long-term agreement with OEMServices. The growth opportunity will expand Eaton’s high-quality, cost-effective MRO services into new airline markets in Russia to benefit A320, A330, A340, B777 and B787 operators. As part of this

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GECAS and IAI launch 777-300ERSF freighter program

Aircraft & Engines

GECAS and Israel Aerospace Industries (IAI) have launched the Boeing 777-300ERSF and the establishment of a passenger-to-freighter conversion program. Dubbed “The Big Twin” — denoting its status as the largest ever twin-engined freighter — the initiative is jointly funded by GECAS and IAI. With agreements signed in July 2019 and a prototype aircraft to be

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United Airlines reports third-quarter net income of US$1.0 billion; raises full-year 2019 guidance

Financial

United Airlines (UAL) has achieved third-quarter diluted earnings per share (EPS) of US$3.99 and adjusted diluted EPS of US$4.07, and raised its full-year 2019 adjusted diluted EPS guidance, with a new range of US$11.25 to US$12.25. United has reported third-quarter net income of US$1.0 billion, pre-tax earnings of US1.3 billion and pre-tax margin of 11.9%,

United Airlines reports third-quarter net income of US$1.0 billion; raises full-year 2019 guidance Read More »

Sabre buys Radixx in US$110 million deal

Czech Airlines Technics finalizes cabin modification for Finnair

Alcoa posts third-quarter net loss of US$221 million

Inflite MRO Services wins Spairliners contract for Embraer E-Jet component repair work

Spatial to manufacture Water Evacuation Trainer for Singapore Airlines

LCI launches first helicopter co-investment vehicle

Turkish Technic and Satair sign strategic General Terms Agreement

Eaton signs agreement with OEMServices to expand MRO business in Russia

GECAS and IAI launch 777-300ERSF freighter program

United Airlines reports third-quarter net income of US$1.0 billion; raises full-year 2019 guidance

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17 October 2019

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