Leonardo has released that at the end of the first quarter new orders amounted to €2,518 million and showed, compared to the first three months of 2018 (€ 2,164 million), an increase of 16.4%, mainly due to Defence Electronics & Security. Order Backlog, amounted to €36,575 million, increasing 9.6% compared to €33,360 million in 2018 […]
Leonardo reports first quarter results Read More »
Inmarsat has received final approval from the U.S. Federal Aviation Administration (FAA) for its SB-S digital airline operations and safety platform. The FAA has validated the capability of Inmarsat SB-S to support air traffic services by providing direct datalink communication between pilots and Air Traffic Control (ATC). The letter of approval highlights the future potential
Inmarsat SB-S approved by U.S. Federal Aviation Administration Read More »
As part of its continued growth strategy, Germany’s largest commercial airline, Lufthansa, has made a non binding offer for U.K. travel giant Thomas Cook’s offshoot carrier Condor. According to a Lufthansa spokesperson: “We have made a non-binding offer for Condor, with the option of extending it to all Thomas Cook airlines.” Thomas Cook has been
Lufthansa makes non-binding offer for Thomas Cook’s Condor Read More »
TrueNoord, the specialist regional aircraft lessor, has established a representative office in Singapore as the first step in broadening its global footprint in the Asia region with a view to establishing a more permanent presence going forward. Carst Lindeboom, Sales Director – Asia Pacific, will act as the chief representative of the new office based
TrueNoord opens office in Singapore Read More »
Willis Lease Finance Corporation has reported pre-tax profit of US$27.8 million and total revenues of US$103.8 million in the first quarter of 2019. The Company’s first quarter 2019 pre-tax results were driven by continued revenue growth in the core leasing business, an increase in trading activity and continuing spare parts sales. Aggregate lease rent and
Willis Lease Finance reports quarterly pre-tax profit of US$27.8 million Read More »
Bombardier has reported that an undisclosed customer has purchased five Learjet 75 aircraft. The transaction is valued at approximately US$69 million dollars based on 2019 list prices. This latest announcement follows the landmark achievement Bombardier’s fleet of Learjet aircraft set earlier in 2019, when the fleet surpassed the 25 million flight-hour mark, adding yet another
Bombardier sells five Learjet 75 aircraft to undisclosed customer Read More »
StandardAero’s engine MRO facility in Gonesse, France, is enjoying a strong start to 2019, with new capabilities and additional hires. The Gonesse facility, which is located mid-way between Le Bourget and Roissy Charles de Gaulle Airport in Paris, last month renewed its Pratt & Whitney Canada Designated Overhaul Facility (DOF) licenses for the PW100 and
StandardAero’s Gonesse, France, facility renews PW100 and PT6A DOF licenses Read More »
MTU Aero Engines AG and the Government of the Republic of Serbia have signed a Memorandum of Understanding (MoU) with regard to the company’s intention to set up a new industrial site in Serbia. The Serbian government strongly supports this new venture, which will most likely be located in the Belgrade region. Due to ongoing
MTU Aero Engines establishes new repair facility in Serbia Read More »
WestJet has posted its first quarter results for 2019, with net earnings of CA$45.6 million, compared with net earnings of CA$34.2 million reported in the first quarter of 2018, up 33.4%. Total revenue for the quarter improved 5.5% to CA$1,257.7 million. Available seat miles and revenue passenger miles were each up 5.3% while the load
WestJet’s net earnings up 33.4% in first quarter 2019 Read More »
Field Aviation has sold two EFI-890R flight deck upgrades to an undisclosed U.S.-based customer for their Bombardier Dash 8 aircraft. This sale represents the first two upgrades in the operator’s fleet, one being on a Bombardier Dash 8 Series 200 aircraft and the second on a Series 300. The timing of this sale aligns with
Field Aviation sells two EFI-890R flight deck upgrades Read More »
