Despite posting a pre-tax (EBT) loss of NOK 80 million for the fourth quarter of 2022, flag-carrying airline Norwegian Air Shuttle (Norwegian) has posted NOK 1,502 million EBIT operating profit for 2022. The company also delivered an operating loss for the fourth quarter of NOK 39 million. The quarter’s loss has been put down to […]
Norwegian posts NOK 1,502 million EBIT operating profit for 2022 Read More »
Textron Aviation has been awarded a Multi-Engine Training System (METS) contract by Naval Air Systems Command (NAVAIR) through a full and open competition. The contract award is for up to 64 King Air 260 aircraft, which will be known as the T-54A. The initial Lot I award will procure ten new Beechcraft King Air 260 commercial
Textron awarded Multi-Engine Training System contract by NAVAIR Read More »
Boeing has signed agreements to purchase 5.6 million gallons (21.2 million litres) of blended sustainable aviation fuel (SAF) produced by Neste, a leading SAF producer, to support its U.S. commercial operations through 2023. These agreements more than double the company’s SAF procurement from last year. “We are demonstrating our commitment to reduce our carbon footprint and
Boeing buys 5.6 million gallons of sustainable aviation fuel for 2023 Read More »
The Air France-KLM Group has reported a positive net income for the full year 2022. Net income amounted to €728 million for the full year 2022, an increase of €4,020 million compared to last year. Revenue for the full year 2022 was up 84.4% compared to the previous year, a record level in the Group’s
Air France-KLM back to positive net income Read More »
Aventure Aviation has significantly increased its inventory by acquiring seven Boeing 737NGs for teardown from WestJet Airlines. All seven aircraft, MSN 34284, 34285, 34286, 34287, 34288, 35111 and 35112, will undergo immediate teardown for parts. The first will take place in Marana, Arizona. “This major acquisition will provide a significant inventory increase for our global customer
Aventure Aviation increases inventory with seven Boeing 737NGs Read More »
elfc (Engine Lease Finance Corporation) has appointed Julian Jordan to the new role of Chief Commercial Officer (CCO). Jordan will be responsible for developing and executing elfc group’s global sales and leasing strategy across all commercial divisions. This will include new business growth, engine portfolio management and INAV engine material supply. During his time at elfc
elfc appoints Julian Jordan Chief Commercial Officer Read More »
AMETEK FMH Aerospace has selected Wencor as its exclusive distributor supporting global military and government aftermarket. This agreement expands the partnership that Wencor and AMETEK SFMS previously announced in September 2022, and now includes the AMETEK flexible metal tubing, ducting, bellows, valves, filter assemblies and fuel boost pumps supporting key military platforms in the aerospace and defence
