Aircelle appoints Vincent Bourguet to head SLCA composites aerostructures Affiliate

Vincent Bourguet has been named the Chief Executive Officer of SLCA, the Aircelle (Safran) affiliate specialized in the design and manufacturing of complex aerostructures – with expertise in composites. Bourguet comes to SLCA from the Sagem company, where he was head of the Airborne Control Units’ Center of Industrial Expertise in manufacturing and supply chain.

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LCI to expand helicopter fleet with further AgustaWestland orders

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LCI, the aviation leasing arm of The Libra Group, has committed to expand its helicopter fleet with firm orders for a further 11 AgustaWestland aircraft valued at US$125m (€110m). The new aircraft, which are converted from options held by the helicopter lessor, are made up of a mix of AW139, AW169 and AW189 aircraft. The

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BAE Systems wins more collision warning upgrade work from Boeing 737/757 operators

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BAE Systems has won business from two more European operators of Boeing 737 and Boeing 757 aircraft to upgrade existing Traffic Collision and Avoidance Systems (TCAS). The new business comes from Romania’s flag carrier TAROM and Turkish-based MGA MaviGok Aviation and covers a total of 22 aircraft. Referred to as TCAS 7.1 the upgrade covers

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MTU Aero Engines achieves record performance in 2014

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MTU Aero Engines has once again beaten its previous records. In the financial year 2014, revenues grew by 10% to a new all-time high of €3,913.9m (2013: €3,574.1m). MTU’s operating profit rose from €377.4m in 2013 to €382.7m. Earnings after tax amounted to €253.3m (2013: €238.6m). The commercial engine business recorded the highest revenue growth

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After seven profitable years Norwegian reports negative result for 2014

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Norwegian’s 2014 results are characterized by strong revenue and capacity growth as well as major investments for future expansion. Fuel hedging for 2015 for the amount of NOK459m was a considerable cost in 2014. Consequently, major costs for 2015 have already been covered. The company reported a net loss of NOK-1,050m compared to net profit

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29 pilots suspended after last week’s fatal TransAsia crash of flight ATR 72-600

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It has been made public that during the fatal crash of TranAsia’s flight GE235, after the first engine failed the pilots on board shut down and then tried to restart the working engine – a move which is believed to have caused the plane to stall and then crash into the Keelung River in Taipei,

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Embraer delivers first E-Jet to American Airlines

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Embraer delivered to American Airlines the first of 60 firm order E175 jets under the contract signed between the two companies in December 2013. The contract also included options for another 90 E175s, taking the total order potential to 150 aircraft. American Airlines selected Compass Airlines, a wholly owned subsidiary of Trans States Holdings, to

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Air Canada reports full year 2014 net income of CA$105m

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Air Canada reported full year adjusted net income of CA$531m compared to adjusted net income of CA$340m in 2013, an improvement of CA$191m. EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft rent) amounted to CA$1.671bn compared to EBITDAR (excluding the impact of benefit plan amendments) of CA$815m, an increase of CA$196m from 2013. The

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Waypoint Leasing signs purchase and leaseback agreement with RLC in Gulf of Mexico

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Waypoint Leasing (Ireland), one of the largest independent global helicopter leasing companies, has closed on a multi-aircraft agreement with RLC, the largest privately held helicopter operator in the Gulf of Mexico. The initial transaction includes the purchase and leaseback of 10 helicopters, including the Bell 407 and Bell 206L4, supporting near-shore shelf production of natural

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Boeing opens propulsion systems facility in South Carolina

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Boeing celebrated the opening of its new propulsion engineering and assembly facility in North Charleston. The team of engineers, manufacturing and support personnel at Propulsion South Carolina (PSC) are responsible for the design and assembly of the 737 MAX engine nacelle inlet, the design of the 737 MAX engine nacelle fan cowl and the design

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Aircelle appoints Vincent Bourguet to head SLCA composites aerostructures Affiliate

LCI to expand helicopter fleet with further AgustaWestland orders

BAE Systems wins more collision warning upgrade work from Boeing 737/757 operators

MTU Aero Engines achieves record performance in 2014

After seven profitable years Norwegian reports negative result for 2014

29 pilots suspended after last week’s fatal TransAsia crash of flight ATR 72-600

Embraer delivers first E-Jet to American Airlines

Air Canada reports full year 2014 net income of CA$105m

Waypoint Leasing signs purchase and leaseback agreement with RLC in Gulf of Mexico

Boeing opens propulsion systems facility in South Carolina

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