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WestJet reports first quarter net earnings of CAD140.7m

WestJet postted its first quarter results for 2015, with record net earnings of CAD140.7m. This compares with net earnings of CAD89.3m reported in the first quarter of 2014, up 57.6%. WestJet achieved an on-time performance rate of 78.0 in the first quarter, a year-over-year improvement of 10.1 points. Based on the trailing twelve months, the […]

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Avianca firms up order for 100 A320neo Family aircraft

Following a Memorandum of Understanding (MoU) announcement in February, Avianca has signed a purchase agreement for 100 A320neo Family aircraft, the largest single order ever made in Latin America’s aviation history. The agreement, which includes A319neo, A320neo and A321neo aircraft, will allow Avianca to maintain one of the youngest fleets in the region as the

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TransDigm Group reports fiscal 2015 second quarter results

TransDigm Group Incorporated (TDG), a leading global designer, producer and supplier of highly engineered aircraft components, reported results for the second quarter ended March 28th, 2015 and announces potential financing transactions. Net sales for the quarter rose 4.8% to US$619.0mn from US$590.8m in the comparable quarter a year ago. Net income for the quarter rose

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ATR appoints new Senior Vice President Commercial and Customer Support

ATR named Tom Anderson as new Senior Vice President, Commercial and Customer Support. In his new role, Tom will be responsible for developing global growth strategies in ATR’s market segments, thus strengthening the company’s position as the leading regional aircraft manufacturer. He will also supervise ATR’s aftermarket strategies and focus on innovative customer-oriented products and

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Pilots’ planned strike at Allegiant thwarted by court injunction

It was back on January 25th this year that Allegiants pilots voted overwhelmingly to go on strike if protracted negotiations with the airline for the reinstatement of a number of pilots’ benefits and work rule protections to previously negotiated levels could not be satisfactorily concluded. Negotiations between the pilots’ union and the airline have been

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