MAC Aero Interiors enters the Chinese aircraft cabin interiors market by establishing a Joint Venture with Benniao Aviation. The newly launched MAC Sichuan will be providing cabin total technical care support to Chinese aircraft owners and operators. The new company, MAC Sichuan is established in the Chinese province of Sichuan which hosts one of the […]
MAC Aero Interiors launches subsidiary MAC Sichuan Read More »
Boeing has reported fourth-quarter revenue of US$28.3 billion, GAAP earnings per share of US$5.93 and core earnings per share (non-GAAP) of US$5.48. These results reflect record commercial deliveries, higher defense and services volume and strong performance which outweighed favorable tax impacts recorded in the fourth quarter of 2017. Boeing generated operating cash flow of US$2.9 billion,
Boeing commercial airplanes fourth-quarter revenue increase to US$17.3 billion Read More »
A group of significant players in the aviation industry are cooperating to form a new alliance in the field of aircraft modification. As leading companies in the retrofit industry, EAD Aerospace, Envoy Aerospace, Etihad Airways Engineering and Lufthansa Technik have signed a Memorandum of Understanding (MoU) to form the Independent Aircraft Modifier Alliance (IAMA). IAMA
Group of players in the aviation industry cooperate to form new alliance Read More »
TrueNoord, the specialist regional aircraft lessor, has leased five new ATR 72-600s to InterGlobe Aviation (IndiGo). The first two aircraft were delivered at the end of December with the remaining three integrating with the fleet in the coming months. Financing was provided under TrueNoord’s recent term loan warehouse facility supported by Morgan Stanley, NORD/LB Norddeutsche
TrueNoord leases five new ATR 72-600s to IndiGo Read More »
The Chicago-based parts trading company Aero Trade is going through a rebranding and warehouse relocation. The extensive stock of Airbus and Boeing Rotables, as well as the multiple APUs for their lease and teardown programs needed more space. The success of the last two years made a purchase and move to a state of the
Aero Trade now doing business as Setna iO Read More »
ANA HOLDINGS will invest US$95 million in PAL Holdings and acquire 9.5% of PAL Holding’s outstanding shares. PAL Holdings is the parent of Philippine Airlines (PAL), the Philippine flag carrier. ANA HD will acquire the shares from Trustmark Holdings Corporation, which is owned by the Lucio Tan family and is the largest shareholder of PAL
ANA takes 9.5% stake in PAL Read More »
Through a fully underwritten NOK3 billion rights issue, Norwegian Air Shuttle ASA (Norwegian) is looking to change the focus of the company from growth to profitability, thus capitalizing on the market position and scale it has achieved over recent years. The intention now is to reduce capital expenditure through a combination of aircraft divestment, including
Norwegian Air Shuttle increases flexibility with NOK3 billion rights issue Read More »
A team comprised of senior asset leasing and trading executives has joined GA Telesis LIFT Group (Leasing, Investments, Finance and Trading Group). Stuart Cauff, Luis Ayala, and Jonathan Cauff, formerly principals at Jet Trading and Leasing (JTL), were all named Managing Directors of GA Telesis’ Asset Transaction Group, the leasing and trading division of the
Team of industry pros join GA Telesis LIFT Group Read More »
Air Lease Corporation (ALC) has delivered one new Airbus A321-200neo aircraft, featuring PW1130G engines, on long-term lease to Vietnam Airlines. This aircraft is the first of 12 new A321-200neos scheduled to deliver to Vietnam Airlines through 2019 from ALC’s order book with Airbus. In addition to the 12 new Airbus A321-200neo aircraft, Vietnam Airlines is
Air Lease Corporation delivers first A321-200neo to Vietnam Airlines Read More »
The ETID (Expander Technology Integrated Demonstrator) Nozzle Extension builds on GKN Aerospace’s patented manufacturing method for actively cooled nozzle extensions, i.e. the so-called “Sandwich” laser welded channel wall technology. The sandwich has a reinforcement jacket using additive manufacturing in the form of laser wire deposition. ETID is part of the ESA funded Future Launcher Preparatory
GKN Aerospace demonstrates new nozzle technologies Read More »
