23 October 2020

American Airlines reports third-quarter net loss of US$2.4 billion

American Airlines Group has posted its third quarter 2020 financial results, including third-quarter revenue of US$3.2 billion, down 73% year-over-year on a 59% year-over-year reduction in total available seat miles (ASMs). American has reported third quarter pretax loss of US$3.1 billion, excluding net special items, third-quarter pretax loss of US$3.6 billion. Third-quarter net loss was

American Airlines reports third-quarter net loss of US$2.4 billion Read More »

IFS’s recurring revenues up 41% for third-quarter 2020

IFS, the global enterprise applications company, has reported its financial results for the third quarter of 2020. The financial highlights reveal a strong business that continues its trajectory of hyper growth in areas such as cloud- and service management software. The company’s commitment to advancing its service management technology is projected to deliver north of

IFS’s recurring revenues up 41% for third-quarter 2020 Read More »

Pipistrel selects Honeywell to provide Advanced Control Technology for Nuuva V300 unmanned cargo aircraft

Pipistrel has selected Honeywell’s Compact Fly-By-Wire system for the Nuuva V300 cargo unmanned aerial vehicle (UAV), choosing a modern, lightweight, highly capable system with a proven architecture ideally suited for its autonomous cargo UAV. Fly-by-wire computers act as the “brains” of an aircraft’s flight controls by operating them electronically and can be found inside nearly all

Pipistrel selects Honeywell to provide Advanced Control Technology for Nuuva V300 unmanned cargo aircraft Read More »

MTU Maintenance Canada partners with GE Aviation to support US Air Force F108 engines

MTU Maintenance Canada, MTU’s stronghold and competence center for military engine maintenance, will provide maintenance, repair and overhaul services for the United States Air Force’s (USAF) F108 engines beginning in the fourth quarter of this year. MTU Maintenance will be partnering with GE Aviation on the five-year contract (one-year base and four one-year option periods),

MTU Maintenance Canada partners with GE Aviation to support US Air Force F108 engines Read More »

Aircraft interiors specialist, Andrew Newell, joins Bii.aero

Expanding provider of aircraft parts and services for the commercial, governmental/military and rotary aviation sector, Bii.aero (Bii), has appointed Andrew Newell as Sales Director.   Newell brings a highly specialized expertise in the aircraft interiors sector and is tasked with setting up a new center of excellence at Bii. Management of consignment stock is another

Aircraft interiors specialist, Andrew Newell, joins Bii.aero Read More »

Scroll to Top
AviTrader

FREE
VIEW