Nasmyth welcomes Jason Whittle as new Supply Chain Director

Nasmyth has welcomed Jason Whittle as its new Supply Chain Director. Whittle started his career as an engineering apprentice at Nasmyth with the Henton engineering team before moving into production control and purchasing. A career move to Sigma Components saw him implementing a purchasing system as the company rapidly expanded its facilities to support Rolls-Royce […]

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Ryanair posts full-year profit of €1.43 billion

Financial

Ryanair has posted full-year 2023 (FY23) PAT of €1.43 billion, compared to a previous-year loss of (€355 million), due to strong full-year traffic recovery, improving fares and advantageous fuel hedges. Scheduled revenue grew over 160% to €6.93 billion. Following a disappointing Q1 (when traffic was badly impacted by Russia’s invasion of Ukraine on 24 Feb. 2022),

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ST Engineering and SF Airlines to establish joint venture company JVCo

MRO & Production

The Commercial Aviation arm of Singapore Technologies Engineering (ST Engineering) and SF Airlines Co., Ltd. (SF Airlines), are to combine resources under the umbrella of a joint venture company (JVCo) in Ezhou, Hubei, China. The JVCo will operate a greenfield airframe Maintenance, Repair & Overhaul (MRO) facility at Ezhou Huahu Airport to provide airframe MRO

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Munich Airport significantly improves financial results in fiscal year 2022

Financial

A dynamic traffic development brought Munich Airport significantly improved financial results in fiscal year 2022. With a passenger volume of 31.6 million passengers – 19 million more than in the previous year – the airport already reached around 70% of its pre-crisis level. Revenue was almost doubled year-on-year to around €1.2 billion. Earnings before interest

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Royal Jordanian Airlines has signed a deal with Embraer and Azorra for eight new E2 jets

Embraer and lessor Azorra sign deal with Royal Jordanian Airlines for eight E2 jets

Aircraft & Engines

Embraer and commercial aviation lessor Azorra have signed a new eight-aircraft deal with Royal Jordanian Airlines, Jordan’s flag carrier. The agreement will see the introduction of both the E190-E2 and E195-E2 to the airline’s fleet. Aircraft deliveries are expected to begin in Q4 2023. The agreement covers eight commercial aircraft, four E190-E2 and four E195-E2,

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AerCap has concluded the delivery of four Airbus A321neo aircraft to Air India

AerCap delivers fourth A321neo to Air India

Aircraft & Engines

AerCap Holdings (AerCap) has completed a mandate for the lease of four new Airbus A321neo aircraft with Air India, the flag carrier of India, following the delivery of the fourth aircraft. The aircraft, powered by CFM LEAP-1A engines, are the first A321neo aircraft to be inducted into the carrier’s fleet. “It is a very exciting

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IAI reports first-quarter revenues of US$1,279 million

Financial

Israel Aerospace Industries (IAI), Israel’s largest national military and civilian security defence company, has reported that the company’s revenues in the first quarter of 2023 (Q1 2023) totalled US$1,279 million compared with US$1,200 million in Q1 2022, an increase of US$79 million arising mainly from the increase in revenues of the Systems Missiles & Space

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Finnair updates its profit guidance for 2023

Finnair to lease two Airbus A330 aircraft to Qantas

Aircraft & Engines

Finnair and Qantas have entered into a long-term agreement, in which Finnair first leases two Airbus A330 aircraft with crew (wet-lease) to oneworld partner Qantas for a period of two years, and after the wet-lease period, dry leases (aircraft lease with no crew) two of its A330s to Qantas for a period of 2.5 years,

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National Jet Express plans to procure two Dash 8-Q400NGs for its operations in Queensland starting July 1.

National Jet Express makes entry into Queensland market

Airlines & Routes

National Jet Express (NJE), a subsidiary of the Rex Group, has made its highly anticipated entry into the Queensland market by securing a long-term contract. NJE recently announced that it had been chosen to provide services to BHP Mitsubishi Alliance (BMA), a renowned global mining operator. Chris Hine, Chief Executive Officer and Managing Director of

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Helvetic Airways has leased tow Embraer jets from © TrueNoord

Helvetic Airways leases two Embraer E190s from TrueNoord

Aircraft & Engines

Amsterdam-headquartered regional aircraft lessor TrueNoord has successfully leased two Embraer E190 jets to Swiss carrier Helvetic Airways AG (Helvetic). The aircraft (MSNs 19000603, 19000607) will be based in Zurich and will operate on flights to Europe-wide destinations. They will be available for ACMI to airlines and tour operators as well as Helvetic’s own scheduled operations.

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Heike Tamm

Nasmyth welcomes Jason Whittle as new Supply Chain Director

Ryanair posts full-year profit of €1.43 billion

ST Engineering and SF Airlines to establish joint venture company JVCo

Munich Airport significantly improves financial results in fiscal year 2022

Embraer and lessor Azorra sign deal with Royal Jordanian Airlines for eight E2 jets

AerCap delivers fourth A321neo to Air India

IAI reports first-quarter revenues of US$1,279 million

Finnair to lease two Airbus A330 aircraft to Qantas

National Jet Express makes entry into Queensland market

Helvetic Airways leases two Embraer E190s from TrueNoord

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