Heike Tamm

Bombardier’s Belfast plant receives £12m in aid from U.K. Government

On a visit to Belfast, Northern Ireland, the British Chancellor of the Exchequer announced that the U.K. government is to provide Bombardier with £12 million (US$15.7 million) in funding for the development of a thrust reverser for the new Airbus A320 NEO nacelle. Visiting Bombardier’s production line in Belfast, the Chancellor commented: “We are backing

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ISIS arranges lease of Go2Sky’s third Boeing 737-800NG aircraft

Go2Sky of Slovakia has leased one Boeing 737-800 aircraft, MSN 32604, from a Dublin-based lessor. The aircraft was manufactured in 2002 and was previously operated by Hainan Airlines since new. It was delivered in Tallinn on July 25, 2018 after a bridging check, white paint and 189Y reconfiguration performed by Magnetic MRO. The lease was

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United Airlines to donate flights to reunite immigrant children with their families

While a number of major airlines refused to fly immigrant children that had been separated from their families at the U.S. border, United Airlines (United) has announced it will be donating flights in order to reunite children who have been separated from their immigrant families. Earlier last week the Refugee and Immigrant Center for Education

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Leonardo-led consortium signs €150 million contract to upgrade the baggage handling systems at Zurich Airport

A consortium led by Leonardo has signed a €150 million contract to upgrade the baggage handling systems at Zurich Airport. The contract, which is worth approximately €120 million to Leonardo, is one of the largest in recent years in the European baggage handling field. This important achievement has drawn on Leonardo’s exclusive cross-belt technology, which

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Avolon confirms placement of five Airbus A320neo with Cebu Air

Avolon, the international aircraft leasing company, has placed five Airbus A320neo aircraft with Cebu Air, operating as Cebu Pacific (CEB). Upon placement, Avolon will have eight aircraft on lease to Cebu Air, comprising five A320neo aircraft and three A330 aircraft. Deliveries of the A320neo will commence in H1 2019 and will be completed within the

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MTU Aero Engines issues higher and more concrete forecast at half-year

MTU Aero Engines generated revenues of €2,148.6 million in the first six months of 2018, up 9 % on the previous year (1-6/17: €1,977.0 million). The group’s operating profit increased by 13% from €296.3 million to €334.6 million, resulting in an EBIT margin increase from 15.0% to 15.6%. Earnings after tax also increased by 13%

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Boeing signs exclusive agreement with Sabena technics

Boeing through its subsidiary Aviall, has signed an exclusive agreement with Sabena technics to distribute its Vigiplane security monitoring system for aircraft on ground. Under this agreement, Aviall will provide exclusive supply chain distribution support for Vigiplane in North America. Using the latest technologies, Vigiplane offers 24/7, 360-degree monitoring for aircraft on ground and is

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Alaska Air Group reports second quarter 2018 net income of US$193 million

Alaska Air Group has reported second quarter 2018 GAAP net income of US$193 million compared to US$293 million in the second quarter of 2017. Excluding the impact of merger-related costs and mark-to-market fuel hedge adjustments, the company reported adjusted net income of US$206 million compared to US$309 million in 2017. Alaska Air Group generated approximately

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