Bombardier has delivered robust financial results for the fourth quarter and full year of 2023, surpassing its 2023 guidance. The company’s total revenues for 2023 reached US$8 billion, a 16% increase compared to the previous year, marking the highest level since the strategic refocus in 2021. Notably, aftermarket revenue hit an all-time high at US$1.75 […]
Low-cost carrier, Thai VietJet Air, has awarded the tender of its cargo operations to ECS Group. It signed a master GSSA agreement with ECS Group, on February 1, 2024. It was ECS Group’s global network, proven air cargo expertise and dynamic innovation that led Thai VietJet Air to place its cargo business into AVS GSA
ECS Group and Thai VietJet Air to grow cargo operations Read More »
On February 8, the first C-390 Millennium of the Hungarian Air Force successfully completed its maiden flight in Gavião Peixoto. Embraer Defense & Security team flew the aircraft for approximately four hours, carrying out a complete assessment of the aircraft, which will now undergo a test campaign ahead of the entry into service with the
Hungary’s C-390 Millennium makes maiden flight Read More »
Avianca, a prominent Latin American airline, has completed the migration of AMOS, its aircraft maintenance software, from an on-premises setup to a cloud-based solution, AMOScloud, hosted on Google cloud by Swiss-AS. This transition to AMOScloud represents more than just a technical upgrade; it marks a significant leap in Avianca’s digital transformation journey. Benefits of AMOScloud
Avianca successfully migrates to AMOScloud Read More »
Airbus has taken a significant step in advancing the Government of India’s ‘Make in India’ vision by awarding Dynamatic Technologies (Dynamatic), based in Bengaluru, a contract for manufacturing and assembling doors for its A220-family aircraft. This substantial aerospace export contract supports the A220 programme’s expansion, enhancing existing capacity. Dynamatic will produce and assemble cargo, passenger
Dynamatic Technologies secures contract for A220 doors assembly Read More »
Avolon, an aviation finance company, has achieved a net income of US$110 million for the fourth quarter of 2023 and for the full year, it recorded a net income of US$339 million. This marks a significant increase of US$330 million compared to FY22, representing a 34% growth when excluding the impact of Russia in FY22.
Avolon reports robust financial performance for 2023 Read More »
Archer Aviation, a leader in electric vertical take-off and landing (eVTOL) aircraft, has received its Part 145 certification from the Federal Aviation Administration (FAA). Under FAA regulations, Archer is now authorised to perform specialised aircraft repair services while maintaining the highest levels of safety and compliance, a key requirement for operating a commercial aviation business.
Archer receives Part 145 certification from FAA Read More »
Embraer Defense & Security and Mahindra have signed an MoU with the objective of jointly fulfilling the acquisition of the C-390 Millennium multi-mission aircraft by the Indian Air Force in its upcoming medium transport aircraft (MTA) procurement project. The MoU was signed at the Embassy of Brazil in New Delhi. Embraer and Mahindra will engage
Embraer and Mahindra to collaborate on C-390 Millennium aircraft Read More »
China Southern Airlines and Lufthansa Technik have signed an exclusive eight-year contract regarding the technical support of the auxiliary power units (APUs) for the Chinese carrier’s A350 fleet of currently 20 aircraft. According to the long-term agreement, Lufthansa Technik will provide MRO services for the Honeywell HGT1700 in the company’s specialised APU workshops in Hamburg,
Lufthansa Technik to support APUs of China Southern Airlines’ A350s Read More »
For the fourth quarter 2023, Spirit Airlines (Spirit) reported a net loss of US$183.7 million, excluding special items, adjusted net loss for the fourth quarter 2023 was US$148.7 million. For the fourth quarter 2023, Spirit reported a pre-tax loss of US$228.3 million and a pre-tax margin of negative 17.3%. Adjusted pre-tax loss for the fourth
Spirit Airlines reports fourth-quarter net loss of US$183.7 million Read More »
