Shell Aviation announced that it has expanded its Technical Services Agreements (TSA) portfolio, achieving a 19% growth on the total number of its customers in 20141. These customers are currently located in 41 countries, ranging from Southeast Asia, Africa & the Middle East to Australia and the Americas. The company offers airports, airlines and facility […]
Shell Aviation expands Technical Services portfolio Read More »
AeroCentury, an independent aircraft leasing company, reported its unaudited operating results for the fourth quarter and year ended December 31st, 2014. Effective as of January 1st, 2014, the Company adopted an alternate method of accounting for non-refundable maintenance reserves and certain lessor maintenance costs. In order to provide a meaningful comparison for 2014 results, the
AeroCentury reports 2014 net loss of US$11.3m Read More »
Vector Aerospace Corporation (Vector Aerospace), a global independent provider of aviation maintenance, repair and overhaul (MRO) services, is pleased to announce Vector Aerospace Helicopter Services – North America (HS-NA) with the assistance of their local representatives, Naher Trading, has signed a contract to provide the Colombian Air Force with Pratt & Whitney PT6T and JT15D
Vector Aerospace and Colombian Air Force sign contract for PT6T & JT15D engine overhauls Read More »
Nayak Aircraft Service announced the extension of base maintenance approval for Embraer Legacy 450 / 500 and Legacy 600 / 650. This means from now on NAYAK provides in CGN full maintenance support for authorized aircraft model scheduled maintenance. As Embraers Authorized Service Center in Europe Nayak’s business jet maintenance team is looking forward to
NAYAK received base maintenance approval for Embraer Legacy 450 / 500 and 600 / 650 Read More »
Total revenue increased by US$49m, or 39%, to US$173m for the fourth quarter compared to US$124m for the same period in 2013. Adjusted net income increased by US$21m, or 74%, to US$49m for the quarter compared to US$28m for same period in 2013. Net income for the fourth quarter was a loss of US$13m reflecting
Avolon announced results for the 2014 fourth quarter and full year Read More »
Rolls-Royce has opened its new advanced LiftWorks repair facility for fighter jet propulsion components in Plainfield, IN, near the company’s facilities in Indianapolis, US. Rolls-Royce will repair and overhaul components for the Roll-Royce LiftSystem for F-35 Lightning II aircraft. The LiftSystem provides the vertical-lift capability for the F-35B, which is flown by US Marine Corps
Rolls-Royce opens new Advanced Aerospace Repair Facility near Indianapolis, US Read More »
AerFin (UK) continues its acquisition programme to support its inventory contracts, with the purchase of A319 MSN 1846, currently being parted out in Goodyear AZ. The airframe will be used to support the parts inventory programs that AerFin is establishing with recent contracts and existing customers. This agreement brings the total number of aircraft that
AerFin acquires A319 Read More »
German cargo airline AeroLogic has commissioned Lufthansa Technik AG to provide base maintenance services for its fleet of Boeing 777F aircraft. Over the next two years, C-checks on the carrier’s eight 777Fs will be carried out by Lufthansa Technik’s subsidiary Lufthansa Technik Maintenance International (LTMI) in Frankfurt. The primary focus of these extensive checks –
Lufthansa Technik to provide base maintenance services for AeroLogic's fleet Read More »
Three countries have announced plans to trial a new means of enabling air traffic controllers to more easily follow planes travelling over large expanses of water, such as the Indian Ocean, which is believed to be the final resting place of Malaysian Airlines flight MH370. The news comes at an awkward time for the relatives
Airbus Group reported strong 2014 results, reflecting an improved operational performance with record commercial aircraft deliveries, revenues and order backlog. Group order intake in 2014 was €166.4bn (FY 2013: €216.4bn, with the order book worth a record €857.5bn at year-end (year-end 2013: €680.6bn). Airbus received 1,456 net commercial aircraft orders (FY 2013: 1,503 net orders),
Airbus Group reported EBIT up 54% to €4.0bn Read More »
