Willis Lease Finance Corporation (WLFC) has posted record second-quarter total revenues of US$151.1 million and record quarterly pre-tax income of US$57.9 million. The company also announced its first regular quarterly dividend of US$0.25 per share, expected to be paid on August 21, 2024, with a record holder date of August 12, 2024. For the three […]
WLFC posts Q2 pre-tax income of US$57.9 million Read More »
Dovetail Electric Aviation (Dovetail), an Australian-Spanish pioneer in electric aviation, and Crisalion Mobility (Crisalion) have announced a collaboration to develop battery packs for electric aviation applications. This strategic partnership represents a significant advancement in the electrification of air mobility. Dovetail, renowned for converting conventional aircraft into electric models and developing new electric aircraft concepts, has
Dovetail and Crisalion collaborate on advanced battery systems Read More »
Astronics Corporation has reported its financial results for the three- and six-month periods ending June 29, 2024. Consolidated sales rose by US$23.7 million, or 13.6%, with Aerospace sales increasing by US$18.6 million and Test Systems sales by US$5.1 million. The company’s consolidated operating income climbed to US$7.6 million, compared with US$2.4 million in the prior-year
Astronics Corporation reports strong Q2 financial results Read More »
Vietnam Airlines Engineering Company (VAECO) has successfully gone live with Swiss-AS‘ software solution AMOS in April 2024. This milestone was achieved after a rigorous 16-month implementation phase, which included five comprehensive data iterations and two comprehensive rehearsals. The entire data set from over 20 years of VAECO business, comprising almost 36 million rows of data,
VAECO successfully implements AMOS software solution Read More »
German Original Equipment Manufacturer (OEM) Deutsche Aircraft and Senior plc (Senior), an international manufacturer of high-technology components and systems, have signed a life-of-programme contract. This contract comprises the design, development and manufacture of the Bleed Air System and the Engine Build Up (EBU) system for the innovative 40-seater D328eco regional turboprop aircraft. The Senior Aerospace
Deutsche Aircraft and Senior plc sign life-of-programme contract Read More »
In June, the U.S. Army Special Operations Aviation Command (USASOAC) awarded Boeing a US$115 million contract to produce two more MH-47G Block II Chinook aircraft and begin advanced procurement for future helicopters. Including the new order, the Army has contracted a total of 46 MH-47G Block II aircraft. “Whether it’s operating in the dead of
Boeing secures contract for two MH-47G Block II Chinooks Read More »
