AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, has delivered an Airbus A321-211 aircraft to Air Transat, a Canadian low-cost leisure airline based in Montreal, Quebec for a 10 year operating lease. Air Transat is the first client of AviaAM Leasing in North America region. Professional work of both parties led to an […]
AviaAM Leasing leases Airbus A321 aircraft to Air Transat Read More »
Boeing has made an investment in Reaction Engines, a leader in advanced propulsion systems based in Oxfordshire, United Kingdom. Reaction Engines’ technology will contribute to the next generation of hypersonic flight and space access vehicles. Reaction Engines is known for its Synergetic Air-Breathing Rocket Engine (SABRE), a hybrid engine blending jet and rocket technology that
Boeing HorizonX invests in Reaction Engines, a UK hypersonic propulsion company Read More »
Delta Air Lines has reported financial results for the March quarter 2018. Adjusted pre-tax income for the March 2018 quarter was US$676m, a US$104m decrease from the March 2017 quarter, as record revenues were offset by higher fuel prices and other increased costs including a US$44m impact from severe winter weather. Delta’s adjusted operating revenue
Delta Air Lines posts March 2018 quarter profit Read More »
GECAS and its wholly owned subsidiary, PK Air Finance have concluded a significant aircraft financing transaction covering a total of 51 aircraft operated by Lion Air Group, GECAS’ largest customer Southeast Asia. The financing covers 21 Boeing 737-900ER’s currently operated by Lion Air and 30 aircraft on order by Lion Air, including Boeing 737 MAX
GECAS and PK Air Finance provide Lion Air Group financing of 51 aircraft Read More »
Inmarsat has signed a deal with low-cost Indonesian airline Citilink. The deal has been signed in partnership with Lufthansa Technik, Lufthansa Systems and Indonesian tech company Mahata Aero Teknologi and will see a retrofit of 50 of Citilink’s Airbus A320s with Inmarsat’s GX Aviation in-flight broadband service.
Inmarsat signs deal with Indonesian airline Citilink Read More »
Qatar Airways, the national airline of the State of Qatar and JetSuite, a U.S. private aviation company, has taken a minority stake in JetSuite, and indirectly in JetSuiteX. Qatar Airways joins JetBlue Airways, which will be increasing its investment and a number of private investors as stakeholders in both JetSuite and JetSuiteX. With this investment
Qatar Airways makes investment in JetSuite Read More »
The Indian government has been looking for a new source for up to 400 jets for the Indian Air Force after the cancelation of the 126-plane Dassault deal in 2015. While Lockheed has partnered with salt-to-software conglomerate Tata Group to bid for the current 110 fighter jet contract with the F-16, and Saab teaming up
Boeing partners with Hindustan Aeronautics to bid for Indian Fighter Jet contract Read More »
Turkish Technic and HAVELSAN have signed a Memorandum of Understanding with Inmarsat on development of integrated inflight connectivity and entertainment solutions. As part of the collaboration, the three companies will offer a joint solution for emerging markets, which integrates Inmarsat’s award-winning GX Aviation inflight broadband solution with the Turkish Technic-HAVELSAN inflight entertainment system.
Safran Nacelles has signed an agreement with Interjet to provide repair services and spares pool resources for engine nacelles that equip Airbus A320neo-series jetliners operated by the Mexican airline. The five-year agreement covers the A320neo family of aircraft, which are powered by CFM International LEAP-1A turbofan engines. Safran Nacelles’ repair services and spares resources are
Mexico’s Interjet and WOW air select Safran NacelleLife™ support services Read More »
In 2017, the Liebherr Group achieved the highest turnover in the Group’s history, with total sales of € 9,845 million. Compared to the previous year, the family-run company increased its revenue by 9.3%. The Group is expecting further sales growth for 2018. The Liebherr Group posted a net result of €331m for the year. Compared
Liebherr Group posts 2017 net income of €331m Read More »
