Monarch Aircraft Engineering to provide line maintenance to American Airlines

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Monarch Aircraft Engineering, the engineering division of The Monarch Group, has been contracted to provide line maintenance technical handling to American Airlines. The contract, which commences in May, will see Monarch’s highly experienced engineering team support American Airlines Boeing 757-200 aircraft at Birmingham Airport in the UK. The American carrier, which is a new customer […]

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MTU Aero Engines starts 2015 with rise in revenues and earnings

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In the first quarter of 2015, MTU Aero Engines AG increased its revenues by 20% to €1.099,5bn (1-3/14: €913.0m). The group’s operating profit rose by 10% to €97.7m (1-3/14: €89.0m). The EBIT margin amounted to 8.9%, compared with 9.7% for the same period in the previous year, and earnings after tax increased by 22% to

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SkyQuest International arranges sale of one Embraer 120ER

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SkyQuest International has arranged the successful sale of one Embraer EMB-120ER aircraft on behalf of JP Morgan Chase Bank, N.A. of Columbus, Ohio, US. The aircraft has been sold to Universal Turbine Parts, of Prattvile, Alabama, US. The 1999 aircraft, Serial Number 120301, is powered by Pratt & Whitney PW118 engines, and was delivered in

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Instability in the region sees Wizz Air Ukraine cease operations

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While Wizz Air is due to open its 21st base, this time in Poland, in September, the Ukraine arm of the airline has ceased operations. According to the company, instability in Eastern Ukraine, volatility and devaluation of the local currency, plus the impact of foreign exchange controls are the principal reasons behind the decision to

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airberlin welcomes international top managers on board

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Effective June 1st, 2015, the management team of Germany’s second largest airline will have a new line-up: Julio Rodriguez has been appointed the Chief Commercial Officer (CCO), taking over responsibility for Sales, Revenue Management and E-Commerce – a centrepiece of airberlin’s restructuring. Rodriguez is currently the CCO of the Spanish low-cost airline Vueling. Captain Oliver

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Novespace signs contract with Sabena Technics for support of new A310 ZERO-G aircraft

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Specialized in parabolic flight campaigns, the Airbus A310 ZERO-G replaces the former A300 B2 operated by Novespace which was already maintained by Sabena technics since its entry in service in the 90s. As part of this contract renewal, Sabena technics will provide full support for the new Airbus A310 and its component for a period

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Fleets serving Australia South Pacific to almost double by 2033

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The passenger aircraft fleet serving the Australia South Pacific region will grow from some 700 aircraft today to over 1,200 by 2033, with a doubling in the number of widebody aircraft. With aviation growth comparable with other mature markets such as North America and Europe, the region has the world’s highest propensity to travel per

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North Pole Investments signs contract for one AW139 and one AW189

Aircraft & Engines, Top Stories / Leave a Comment

Finmeccanica-AgustaWestland announced that North Pole Investments of Panama has signed a contract for one AW139 intermediate twin-engine and one AW189 super medium helicopter. The aircraft will be delivered by early 2016 and operated by Helistar de Aviacion of Colombia for offshore transport missions in support of the oil and gas industry. This contract strengthens collaboration

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Aviation Capital Group names Eric Blau Vice President and Treasurer

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Aviation Capital Group reported that Eric Blau has joined ACG as vice president and treasurer. Mr. Blau has extensive experience with the capital markets in the areas of trading, underwriting, structuring, origination, risk management, and portfolio management. Most recently, Mr. Blau served as chief financial officer of a commercial aircraft engine MRO, where he was

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US$80m training contracts awarded to Lockheed Martin

Military & Defense, Top Stories / Leave a Comment

Lockheed Martin (LMT) continues to advance C-130 aircrew and maintenance training under recent contract awards from the U.S. Air Force valued at more than US$80m. Under the C-130J Maintenance and Aircrew Training System (MATS) II contract, Lockheed Martin is delivering a number of aircrew and maintainer devices to support ground-based training, including high fidelity weapons

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avitrader_3ojmsx

Monarch Aircraft Engineering to provide line maintenance to American Airlines

MTU Aero Engines starts 2015 with rise in revenues and earnings

SkyQuest International arranges sale of one Embraer 120ER

Instability in the region sees Wizz Air Ukraine cease operations

airberlin welcomes international top managers on board

Novespace signs contract with Sabena Technics for support of new A310 ZERO-G aircraft

Fleets serving Australia South Pacific to almost double by 2033

North Pole Investments signs contract for one AW139 and one AW189

Aviation Capital Group names Eric Blau Vice President and Treasurer

US$80m training contracts awarded to Lockheed Martin

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