The Qantas Group continued to deliver strong earnings in a mixed market in the first half of full-year 2020 (FY20), with an underlying profit before tax of AU$771 million and a statutory profit before tax of AU$648 million. The underlying result was AU$4 million less than the same period last year – despite AU$51 million […]
Qantas Group delivers strong performance in first half of full-year 2020 Read More »
Swiss International Air Lines (SWISS) has taken delivery of its first A320neo aircraft at a delivery ceremony in Hamburg, Germany. It is the first of 25 A320neo Family aircraft ordered by Swiss International Air Lines. SWISS has chosen Pratt & Whitney GTF™ engines to power its new aircraft. The A320neo Family incorporates the very latest
SWISS takes delivery of first A320neo Read More »
MTU Aero Engines AG had another record year: revenue in 2019 reached a new high of €4,628.4 million (2018: €4,567.1 million). Operating profit came in at €756.9 million, surpassing the previous high of €671.4 million in 2018 by 13%. The EBIT margin rose from 14.7% to 16.4%. Net income increased by 12%, from €479.1 million
MTU Aero Engines posts full-year 2019 net income of €537.6 million Read More »
FL Technics, a global provider of aircraft maintenance, repair and overhaul (MRO) services, has begun 2020 by strengthening its position in Europe with the acquisition of Italian company Flash Line Maintenance S.r.l. The company provides line-maintenance services for the Mediterranean region, and its acquisition will enable FL Technics to expand its line-maintenance network to more
FL Technics expands line-maintenance network to more than 50 line-stations Read More »
Aery Aviation has won an Intelligence, Surveillance, and Reconnaissance (ISR) Naval Special Warfare Contract to be executed in the second-quarter of 2020. Aery will provide air-to-ground ISR services in the form of Full Motion Video (FMV), specialized sensor, and communications equipment to support ground elements throughout the training and research/development exercise event. These services will
Aery Aviation wins Naval Special Warfare contract Read More »
According to an internal Boeing memo seen by Reuters news agency, Boeing has reported finding foreign object debris in a number of fuel tanks of 737 MAX jets which are awaiting delivery while the plane remains grounded. Such debris usually includes rags, tools, metal shavings and other materials left behind by workers during the production
Further woes for Boeing as debris found in fuel tanks of 737 MAX jets awaiting delivery Read More »
Qatar Airways Group has increased its shareholding in International Consolidated Airlines Group (IAG) from 21.4% to 25.1%. Qatar Airways Group Chief Executive Mr. Akbar Al Baker stated, “Our investment to date has been highly successful and the announced increase in our shareholding is evidence of our continued support of IAG and its strategy.”
Qatar Airways to increase equity stake in IAG Read More »
Panasonic Avionics (Panasonic) has signed an agreement with Nelco (Nelco) to provide satellite connectivity services to customers flying into India and over Indian airspace. With this agreement, Panasonic becomes the first satellite communications provider to begin inflight connectivity (IFC) operations under Nelco’s Department of Telecommunications license for In-Flight and Maritime Connectivity (IFMC), in accordance with
AJW Group has purchased an Airbus A319 aircraft, MSN 2186, for teardown. The ex–Air Malta aircraft which is 15 years old, is powered by CFMI CFM56-5B6/P engines and an APS3200 Auxiliary Power Unit. After teardown, the A319 components will be recertified at AJW Group’s maintenance hub in Montreal (AJW Technique), OEMs and other strategic vendors.
AJW Group purchases Airbus A319 aircraft for teardown Read More »
Edmund Tan has joined C&L Aerospace in the position of Regional Sales Manager, Asia. Tan will lead sales and marketing activities for the commercial and regional airline segments for Asia. Tan has two decades of experience in the Asian airline market, most recently as Senior Manager, Sales and marketing at Flightparts. Prior to that Tan
C&L Aerospace names Edmund Tan Regional Sales Manager for Asia Read More »
