Ryanair has published its first half financial year 2019 results (PAT), reporting a 7% fall in profits to €1.20 billion (excl. Laudamotion losses). Higher fuel, staff and EU261 costs have offset strong ancillary revenue growth of 8%. Average fares declined 3% due to excess capacity in Europe, an earlier Easter in Q1, repeated ATC strikes/staff […]
Ryanair reports 7% fall in first half 2019 profits Read More »
AerFin and NORDAM have announced an expanded strategic-services agreement to include consignment, exchange and lease-management of spare nacelles for V2500-A5 and CFM56-5B engines used on Airbus A320 aircraft belonging to A320-series operators in Europe. Under the agreement, NORDAM airline customers may access AerFin-owned components and related operational support from its main rotable-distribution base near Gatwick
Only two months after taking over the helm as CEO of Air France-KLM, Ben Smith and the management of Air France have announced that they have reached a deal with most unions that is hoped will see an end to costly strikes which, this year, cost the carrier US$385 million. While five unions, representing 76.4%
Will latest agreement between Air France and unions see an end to costly pay standoff? Read More »
Boeing has delivered the first 787-9 Dreamliner for Shanghai-based Juneyao Airlines. The new, super-efficient Dreamliner will also be the first widebody commercial jet operated by a privately-held Chinese airline. Juneyao Airlines, previously an all-Airbus operator, mainly offers flights from Shanghai to more than 50 cities across China. In introducing the long-range 787 Dreamliner, the carrier
Privately-held Chinese airline Juneyao Airlines takes delivery of first 787-9 Dreamliner Read More »
STS Component Solutions partners with Curtiss-Wright’s Sensors & Controls division to add their line of commercial solutions for airlines, business aviation, and rotorcraft to its expanding OEM Distribution portfolio. The products manufactured by Curtiss-Wright include position sensors, rotary and linear actuators, solenoids and valves. “Our agreement with STS Component Solutions allows us to offer our
STS Component Solutions and Curtiss-Wright sign aftermarket distribution partnership Read More »
CTT SYSTEMS AB (CTT), a leader of aircraft humidity control systems, has been awarded a Cair™ VIP Inflight Humidification (IFH) order from Comlux Completion to be fitted one Airbus ACJ320neo. This award is CTT Systems’ 92nd IFH order for Airbus ACJ and Boeing BBJ VIP aircraft. “Delighted to cooperate with Comlux again in another prestigious
CTT Systems receives Cair™ VIP inflight humidification order from Comlux Read More »
Pentagon 2000 Software, Inc., the leading provider of fully-integrated MRO and supply chain software solutions for the Aerospace & Defense industry, has released an enhanced Leasing Contracts Manager module that delivers advanced capabilities for contract management of engines and complex assemblies. Functionality for supply chain logistics, accounting and financials, and contract terms management are included
Pentagon 2000 Software announces new Leasing Contracts Manager application Read More »
GA Telesis has closed a large inventory lease comprised of rotable spare parts for LATAM Airlines in support of its 777-300ER operations that was tailored to provide maximum operational flexibility for the airline. Commencing its first inventory financing in 2008, GA Telesis has emerged as a world-leader in inventory financing of leased assets with over
Sierra Completions has been select by Sine Draco for engineering design of its A321 passenger-to-freighter converted aircraft (A321-200 SDF). Sine Draco is an aviation development company, with locations in the USA and China. It focuses on developing, managing and executing large-scale aviation projects, including aircraft design, modification, certification and investment management. The A321-200 SDF aircraft
During the third quarter of 2018, Embraer has delivered 15 jets to the commercial aviation market and 24 business jets, being 17 light jets and 7 large jets. On September 30, Embraer’s firm order backlog totaled US%13.6 billion. Regarding the commercial aviation market, Embraer forecasted in its Market Outlook a demand for 10,550 new aircraft
Embraer delivers 15 Commercial and 24 Executive Jets in 3rd quarter 2018 Read More »
