AeroCentury, an independent aircraft leasing company, has completed several aircraft sales transactions. AeroCentury recently sold one DHC8-400 MSN 4019 to Voyageur Avparts, Inc. as well as a Saab 340B MSN 321 to Worthington Aviation, LLC. In addition, AeroCentury recently sold two Fokker 50s MSN 20177 and 20122 and one DHC8-300 MSN 404 to Silverstone Air […]
AeroCentury completes aircraft sales Read More »
StandardAero has been selected as the U.S. Navy’s primary engine depot for support of the CFM56-7 engines used on the P-8A aircraft. This is the 2nd straight year StandardAero has been selected to perform this work, which is carried-out under a U.S. Federal government Indefinite Delivery/Indefinite Quantity (IDIQ) type contract that is competed and awarded
StandardAero awarded option year for U.S. Navy P-8A CFM56-7 engine MRO support contract Read More »
The International Air Transport Association (IATA) has called for urgent action by the UK and the European Union to put in place contingency planning for the continuation of air services in the event of a ‘no-deal Brexit’, and to move much faster to bring certainty to three critical air transport issues: the uninterrupted continuation of
IATA outlines urgent priorities to minimize Brexit impacts Read More »
The Boeing Company has reported third-quarter revenue of U$25.1 billion driven by higher defense volume and services growth. GAAP earnings per share increased to US$4.07 and core earnings per share (non-GAAP) increased to US$3.58 primarily driven by strong operating performance at Commercial Airplanes and a tax benefit related to a tax settlement. Results also reflect
Boeing reports solid third quarter Read More »
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 »
