August 3, 2020

Travelport and Air Canada have signed a new content distribution agreement

Total revenue declines 89% for Air Canada in Q2 – posts CA$1.555 billion loss

Air Canada has reported unrestricted liquidity of CA$9.120 billion at June 30, 2020, in line with Air Canada’s expectations, compared to unrestricted liquidity of CA$7.380 billion at December 31, 2019. Total revenues fell from US$4.738 billion in the second quarter of 2019 to CA$527 million in the second quarter this year, a decline of CA$4.211 […]

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ARJ21 aircraft completes special flight test at highest civil airport

Aircraft & Engines

ARJ21 AC103 completed a maximum take-off/landing height expansion flight test at Daocheng Yading Airport (4,411 meters above sea level), the highest-altitude civil airport, and returned to Shanghai on July 30, 2020. After two weeks of flight testing, the take-off and landing capabilities of the ARJ21 aircraft in the environment of a high-plateau airport were fully

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MTU Aero Engines reports decline in revenue and earnings

Financial

In the first six months of 2020, MTU Aero Engines AG generated revenue of €2,048.8 million compared to €2,243.0 million in the first half of 2019. Operating profit was €224.2 million, compared to €365.2 million in the prior-year period. The EBIT margin was 10.9% in the first six months of 2020 (1-6/2019: 16.3%). Net income declined from €261.0 million to €161.3 million. “The

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Jin Air to streamline operations with Collins Aerospace’s full suite of ARINC aviation resource management systems

Information Technology

South Korea-based Jin Air has selected Collins Aerospace Systems’ full suite of ARINC aviation resource management systems and ARINC Integrator — a software tool that integrates data across new and existing airline IT and operational environments to streamline operations. The combination brings together 50 systems on a single-optimized platform to maximize the flow and use

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Astronics reports second-quarter net loss of US$23.6 million

Uncategorized

Astronics Corporation has reported financial results for the three- and six-month period ended June 27, 2020. Financial results reflect the divestiture of the Test Systems’ semiconductor business on February 13, 2019, and the acquisitions of Freedom Communications Technologies, acquired in July 2019, and the primary operating subsidiaries of Diagnosys Test Systems Limited, acquired in October

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GECAS delivers second of four A320neos to Colorful Guizhou Airlines

Aircraft & Engines

GECAS has delivered an A320neo aircraft to Colorful Guizhou Airlines in Tianjin, China. This is the second LEAP1A- powered A320neo aircraft to be delivered to the airline from the lessors’ order book. In June 2019, GECAS and Colorful Guizhou Airlines announced the agreement to lease four A320neo with deliveries beginning in late 2019 and continuing

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Boeing receives US$265 million Chinook Helicopter order

Uncategorized

Boeing has signed a US$265 million contract for nine more MH-47G Block II Chinook helicopters that employees in its Philadelphia plant will assemble for the U.S. Army Special Operations Aviation Command (USASOAC). Boeing is now on contract for 24 of the next-generation Chinooks. The MH-47G Block II Chinook features an improved structure and weight reduction initiatives

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Total revenue declines 89% for Air Canada in Q2 – posts CA$1.555 billion loss

ARJ21 aircraft completes special flight test at highest civil airport

MTU Aero Engines reports decline in revenue and earnings

Jin Air to streamline operations with Collins Aerospace’s full suite of ARINC aviation resource management systems

Astronics reports second-quarter net loss of US$23.6 million

GECAS delivers second of four A320neos to Colorful Guizhou Airlines

Boeing receives US$265 million Chinook Helicopter order

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3 August 2020

Total revenue declines 89% for Air Canada in Q2 – posts CA$1.555 billion loss

ARJ21 aircraft completes special flight test at highest civil airport

MTU Aero Engines reports decline in revenue and earnings

Jin Air to streamline operations with Collins Aerospace’s full suite of ARINC aviation resource management systems

Astronics reports second-quarter net loss of US$23.6 million

GECAS delivers second of four A320neos to Colorful Guizhou Airlines

Boeing receives US$265 million Chinook Helicopter order

Stay Connected

Subscribe