SAS reports strong passenger figures and improved unit revenue, revises outlook

SAS’ outlook in the third quarter report was “that it will be challenging to reach a positive result before tax and items affecting comparability in fiscal year 2019”. As a result of strong passenger figures and an improved unit revenue, the outlook is revised as SAS’ earnings before tax and items affecting comparability is estimated […]

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BOC names news CCO for Asia Pacific and the Middle East

People

BOC Aviation has announced a change to its senior management due to retirement. Gao Jinyue (Chris) will retire from his role as Chief Commercial Officer (Asia Pacific and the Middle East) with effect from November 9, 2019. Gao Jinyue joined BOC Aviation as a Non-executive Board Director in December 2006, and joined the senior management

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Vietnam Airlines expands relationship with Sabre

Information Technology

Sabre Corporation has signed a multi-million-dollar agreement with long-standing customer Vietnam Airlines. The carrier will adopt Sabre Revenue Optimizer and SabreSonic Inventory solutions to enable responsive real-time origin & destination (O&D) revenue management. This will further strengthen Vietnam Airlines’ forecasting and inventory control capabilities, helping maximize its revenue and setting the foundation for dynamic offer

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Héroux-Devtek posts solid fiscal 2020 second-quarter results

Financial

Héroux-Devtek, a leading international manufacturer of aerospace products, has reported strong results for the second quarter ended September 30, 2019. Consolidated sales grew 52.1% to CA$145.5 million, up from CA$95.6 million last year, including a 14.3% organic growth and a solid performance by the Corporation’s recent acquisitions, which contributed CA$36.1 million. Commercial sales grew 38.1%

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Fly Leasing reports third-quarter 2019 financial results

Financial

Fly Leasing has reported its financial results for the third quarter of 2019. The company reported net income of US$51.7 million and adjusted net income of US$59.8 million. Fly Leasing sold eight aircraft for a gain of US$38.9 million, a 17% premium-to-book value. During the quarter the company purchased two aircraft for US$53.7 million. Fly

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Boeing delivers first P-8A Poseidon to United Kingdom’s Royal Air Force

Military & Defense

Last week Boeing has delivered the first of nine P-8A Poseidon maritime patrol aircraft (MPA) to the United Kingdom Royal Air Force (RAF). The United Kingdom is acquiring the multi-mission aircraft through the Foreign Military Sales process with the U.S. Navy. The P-8A Poseidon replaces the U.K.’s retired Nimrod aircraft. Boeing formally delivered the aircraft

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Embraer elects Antonio Garcia as new CFO

Uncategorized

Embraer’s Board of Directors has elected Antonio Carlos Garcia as the company’s new chief financial officer and investor relations officer, replacing Nelson Salgado, who will serve as Embraer’s chief operations officer. The change will be effective as of January 1, 2020 and Salgado will remain in his current position as Chief Financial Officer and Investor

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Emirates Group announces half-year performance for 2019-20, with AED 1.2 billion profit

Financial

The Emirates Group has announced its half-year results for its 2019-20 financial year. Group revenue was AED 53.3 billion (US$14.5 billion) for the first six months of 2019-20, down 2% from AED 54.4 billion (US$14.8 billion) during the same period last year. This slight revenue decline was mainly due to planned capacity reductions during the

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GKN Aerospace named key supplier for all-new Gulfstream G700 business jet

MRO & Production

GKN Aerospace has been selected as a key supplier on the new Gulfstream G700 business jet that was unveiled at NBAA on October 21. GKN Aerospace is using its leading capability in design and manufacture of business jet empennages and thermoplastic components on the advanced aircraft. The rudder and elevators that are part of the

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Qatar Airways signs codeshare agreement with IndiGo

Airlines & Routes

Qatar Airways, the national carrier of the State of Qatar, has signed a codeshare agreement with IndiGo, India’s largest passenger airline. The first codeshare flights will operate from December 18, 2019. This agreement will enable the airline to place its code on IndiGo flights between Doha and Delhi, Mumbai and Hyderabad and is the first

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Heike Tamm

SAS reports strong passenger figures and improved unit revenue, revises outlook

BOC names news CCO for Asia Pacific and the Middle East

Vietnam Airlines expands relationship with Sabre

Héroux-Devtek posts solid fiscal 2020 second-quarter results

Fly Leasing reports third-quarter 2019 financial results

Boeing delivers first P-8A Poseidon to United Kingdom’s Royal Air Force

Embraer elects Antonio Garcia as new CFO

Emirates Group announces half-year performance for 2019-20, with AED 1.2 billion profit

GKN Aerospace named key supplier for all-new Gulfstream G700 business jet

Qatar Airways signs codeshare agreement with IndiGo

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