For the full year 2016 AerCap reported net income of US$1,046.6m, compared with US$1,178.7m for the same period in 2015. Net income and diluted earnings per share decreased due to various items, including sales of older aircraft during 2015 and 2016, which reduced average lease assets by approximately US$1.6bn. Diluted earnings per share was favorably […]
AerCap Holdings N.V. reports financial results for 2016 Read More »
Jet Aviation’s Completions Center in Basel was recently awarded EN9100 certification in recognition of the development, implementation and continuous improvement of its quality management systems. The EN 9100 certification encompasses a series of standards developed by the International Aerospace Quality Group (IAQG) on the basis of ISO 9001, and acts as a clear indication of
Jet Aviation receives EN9100 certification for completions facility in Basel Read More »
Avtrade has appointed Brian McGuinness as Stock Sales Director. An established and respected aviation professional, Brian boasts a wealth of industry experience gained from a career in component support spanning over 15 years. Since joining Avtrade in 2011, Brian has made a significant contribution to the continued growth and development of Avtrade’s AOG department. In
Avtrade appoints Brian McGuinness as Stock Sales Director Read More »
Lufthansa Technik and MTU Aero Engines are planning to set up a joint venture company for the maintenance, repair and overhaul (MRO) of geared turbofan (GTF) engines, with each of the partners holding a 50% stake. An agreement to this effect was signed by the two companies in Berlin on February 20, after the feasibility
Lufthansa Technik and MTU Aero Engines agree on concluding a joint maintenance company Read More »
Rolls-Royce has won an order from Hawaiian Airlines for Rolls-Royce Trent 700 engines to power an additional Airbus A330 aircraft, supported by Rolls-Royce’s flagship engine service, TotalCare. The airline already operates 23 Rolls-Royce powered A330 aircraft, and has previously placed an order for six A330neo aircraft, to be powered by the Rolls-Royce Trent 7000 engine.
Rolls-Royce wins Trent 700 order from Hawaiian Airlines Read More »
In response to an open letter written to major Canadian airlines on January 5, 2017, in which the Canadian Minister for Transport requested confirmation by February 15 that appropriate protocols regarding flight crews were in place, the top-eight Canadian airlines have all confirmed this to be the case. The letter written by Marc Garneau, P.C.,
Principal Canadian Airlines confirm flight crew safety protocols are in place Read More »
AAR reported that its OEM Aftermarket Solutions group has been named the exclusive distributor for global commercial airline and military defense markets served by Milton Industries. Milton’s aviation pneumatic ground support equipment products covered by the agreement include couplers, plugs, pressure gauges, blow guns, tire inflators, strut servicing kits, borescopes, and nitrogen carts. Milton’s wide
Recaro Aircraft Seating, looks back on a successful 2016. With a delivery volume of over 100,000 seats this year, the company set a new record with its four production sites for aircraft seats. The long-established, innovative company is committed to sustainability as well as high-level investment in research and development. At the end of 2017,
Recaro Aircraft Seating invests in the future Read More »
Rockwell Collins is increasing its local presence in the Middle East region and appointing new leadership. As the new managing director for the Middle East, Turkey and North Africa, Talel Kamel will be responsible for leading and developing the company’s commercial and government systems business interests in the region. Additionally, Bernard Bouillaud has been named
Rockwell Collins appoints new leadership for expanding Middle East region Read More »
The Pakistan Ministry of Defence has placed orders for an undisclosed number of additional AgustaWestland AW139 intermediate twin engine helicopters. The aircraft will be used to perform utility and transport operations across the nation. Deliveries are expected to start in mid-2017. The new helicopters will add to the fleet of AW139 previously ordered to carry
Pakistan expands its AW139 fleet with new orders Read More »
