American Airlines Group has reported its third-quarter results, showing third-quarter 2018 pretax profit of US$456 million compared to US$1,063 million the previous year. Pretax earnings excluding net special items for the third quarter of 2018 were US$688 million, a US$485 million decrease from the third quarter of 2017, driven by higher fuel prices. In addition, […]
American’s third quarter profit down 50% Read More »
Safran has reported that third-quarter 2018 adjusted revenue was €5,348 million, an increase of 45.4% on a reported basis, including a contribution of €1,200 million from Zodiac Aerospace. On an organic basis, adjusted revenue grew 11.4%. First nine-month 2018 adjusted revenue was €14,854 million, up 30.9% on a reported basis year-on-year, including a seven-month contribution
Safran on track to meet 2018 outlook Read More »
Ryanair has signed a recognition agreement with the Spanish pilot union SEPLA, to cover all of Ryanair’s directly employed pilots in Spain. Negotiations with SEPLA on a full Collective Labour Agreement (CLA) under Spanish Law will now commence in early November and Spanish Labour Law will apply to all Ryanair pilots in Spain by no
Ryanair signs agreement with Spanish pilot union SEPLA Read More »
AerSale®, a global supplier of mid-life aircraft, engines, used serviceable material, and MRO services, has reported that the European Aviation Safety Agency (EASA) has approved the company’s AerTrak™ ADS-B Out system on Boeing 737 NG series aircraft (10065422). Earlier this year, the Federal Aviation Administration (FAA) approved AerTrak for Boeing 737 NG series aircraft (ST04009NY)
EASA approves AerTrak ADS-B Out system for Boeing 737 NG series aircraft Read More »
The Royal Thai Air Force (RTAF) has taken delivery of its seventh and eighth H225M (previously known as EC725) multirole utility helicopters. Since 2012, the RTAF has placed orders for a total of 12 H225Ms under its fleet modernisation programme. Belonging to a contract signed in 2016, these new additions will join the air force’s
Royal Thai Air Force receives two new H225Ms Read More »
MTU Aero Engines AG’s Supervisory Board has extended the contract of CEO Reiner Winkler by five years until September 30, 2024. The decision was made by a unanimous vote at the Supervisory Board’s meeting on October 24, 2018. Klaus Eberhardt, Chairman of the Supervisory Board, said: “Reiner Winkler has done an excellent job running MTU
Reiner Winkler to remain MTU Aero Engines’ CEO for another five years Read More »
Morocco’s aerospace industry is booming. With an annual growth rate of over 15%, it is a significant driving force behind the nation’s economy. This encouraging development is also fueling demand for local material suppliers and service providers. “This is a trend we identified early on, and we will be commissioning our highly modern materials processing
thyssenkrupp Aerospace new Moroccan location taking off this year Read More »
UK based Everest Events and AviTrader agree to cooperate in the field of organizing aviation events and seminars. The venture will focus on seminars about supply chain, inventory management and technical cost reduction. The first seminar with the topic “Inventory Optimization & Supply Chain Management” is already scheduled in February 2019. All events and seminars
Everest Events and AviTrader launch joint event series Read More »
GA Telesis Engine Services (GATES) has achieved Directorate General of Civil Aeronautics Certification in Mexico (DGAC). DGAC approval provides GATES with access to a major MRO market for CFM56 engines and will allow the company to develop and expand its customer base in the region. GATES has previously been approved by the Federal Aviation Authority
Having been subjected to the slow delivery of engines for the previous two years, Airbus is now struggling to deal with their rapid arrival. According to Reuters, internal snags have further added to the delays, which means the plane manufacturer is also finding it difficult to meet its target of delivering 76 single-aisle jets per
Airbus Hamburg plant faces further delays for delivery of A321 jets Read More »
