Embraer and American Airlines have signed a firm order for 15 E175 jets with a 76-seat configuration. The contract has a value of US$705m, based on current list prices and will be included in Embraer’s 2018 second-quarter backlog. Deliveries will take place in 2019 between March and November. Combined with the airline’s three previous orders […]
American Airlines signs contract for 15 Embraer E175s Read More »
Dublin-based AerCap Holdings has reported net income of US$265.4m, compared with us$261.2m for the same period in 2017. The increase in net income was primarily driven by an increase in net gain on sale of assets, partially offset by the impact of the Air Berlin and Monarch Airlines lease terminations in the second half of
AerCap reports net income of US$265.4m for first quarter of 2018 Read More »
SR Technics has named Mireia Gaona as General Manager for SR Technics Spain. Mireia Gaona will succeed David Mottram, who is retiring mid-2018 after more than three decades in aviation business. The three-month transition will begin on May 3, 2018. Mireia Gaona joins SR Technics from ITP Aero, where she served as MRO Repair Engineer.
SR Technics appoints new General Manager in Spain Read More »
MTU Aero Engines AG generated revenues of €1,016.4m in the first quarter of 2018, an increase of 5% compared with the same period of the previous year (1-3/2017: €971.9m). The group’s operating profit rose by 11% from €157.9m to €175.1m, pushing up the EBIT margin from 16.2% to 17.2%. Earnings after tax increased in line
MTU Aero Engines starts 2018 with increased revenues and earnings Read More »
Bombardier Commercial Aircraft has signed a firm order for 15 new CRJ900 regional jets with American Airlines. The purchase agreement also includes options on an additional 15 CRJ900 aircraft. Based on the list price of the CRJ900 aircraft, the firm order is valued at approximately US$71m. American has selected PSA Airlines to operate the 15
Bombardier signs contract with American Airlines for 15 firm CRJ900 aircraft Read More »
United Airlines has issued an update to the carrier’s policy with regard to the transportation of animals. From June 18, only dogs and cats will be transported in the cargo hold, though with an extensive list of exceptions. Snub-nosed breeds such as bulldogs, French bulldogs, pugs and boxers are excluded from the list, along with
United Updates Travel Policy for Pets After Missteps Read More »
After a negotiation marathon, the representatives of employer and employees at Austrian Airlines agreed in the morning hours of May 1, 2018 on a key points paper for the period 2018-2021. It involves salary increases and more flexible work and operational regulations for the flying personnel. Actual salaries for cabin crew and pilots are expected
Austrian Airlines reaches collective agreement until 2021 Read More »
Spirit AeroSystems has signed a definitive agreement to acquire S.R.I.F. N.V., the parent company of Asco Industries, N.V. (Asco), for US$650m in cash, subject to customary closing adjustments, including foreign currency adjustments. Asco is a leading supplier of high lift wing structures, mechanical assemblies and major functional components to major OEMs and Tier-1 suppliers in
Spirit AeroSystems to acquire EU-based supplier Asco Industries Read More »
Qantas has announced an order for six additional Boeing 787-9s to fly on its international network, bringing its fleet of Dreamliners to 14 by the end of 2020. The arrival of the new aircraft will enable the airline to accelerate retirement of its last six Boeing 747s – an aircraft type that has been in
Qantas orders more Dreamliners Read More »
Jet Aviation has completed its acquisition of Hawker Pacific, a leading provider of Civil MRO, Fleet and FBO Services and Aircraft Sales across Asia Pacific and the Middle East. The transaction is valued at US$250m. Rob Smith, president of Jet Aviation, said: “We are now in a position to further expand our current portfolio, enter
Jet Aviation completes acquisition of Hawker Pacific Read More »
