Embraer has posted consolidated revenue of US$4.5 billion in 2022 representing an increase of 8.2% y-o-y. On a q-o-q comparison, revenues increased by 53%. The company’s total revenue closed the year within the guidance range of US$4.5 – 5.0 billion. EBIT AND ADJUSTED EBIT Excluding special items, 4Q22 Adjusted EBIT was US$166.2 million and the […]
Embraer posts revenue of US$4.5 billion in 2022, up 8.2% Read More »
Coldstream Helicopters (Coldstream) and Safran Helicopter Engines have signed a Support-By-the-Hour (SBH®) contract for Makila engines that power the former’s AS332L1 Super Puma Fleet. The contract formalizes a long-term maintenance, repair and overhaul (MRO) and services agreement which supports Coldstream’s Makila 1A1 engines. The contract will be overseen by Safran Helicopter Engines Canada, in Mirabel,
Safran and Coldstream Helicopters sign SBH® support contract Read More »
Hi Fly airline has added an additional Airbus A330-200 aircraft to its fleet. Registered 9H-HFG, the aircraft seats 268 passengers in a three-class configuration – 18 high-comfort Business Class seats with flat beds, 36 Premium Economy seats with extra space and 214 Economy seats. The A330 is one of the most modern and reliable family
Hi Fly adds additional Airbus A330-200 to fleet Read More »
West Star Aviation (West Star) has announced the promotion of George Laiten to Director of Bombardier Business Development at its East Alton, IL (ALN) facility. Laiten will focus on new business opportunities with customers, vendors and OEMs while collaborating across departments and sites to identify key enhancements and solutions for West Star’s valued customers. Since
West Star Aviation promotes George Laiten to Director of Bombardier Business Development Read More »
Latvian national airline airBaltic will short-term wet lease four additional aircraft short-term during the summer season of 2023 to meet the increasing passenger demand and ensure a successful performance of planned flights. To support these efforts, a partnership with the leading narrow-body ACMI and charter operator Avion Express has been established, adding the Airbus A320-232 aircraft with 180 seats to the fleet of airBaltic.
airBaltic to wet lease four aircraft for the summer season 2023 Read More »
GE Aerospace has granted aircraft engine and components manufacturer ITP Aero a service contract extension to conduct MRO services for CT7 engines at its facility in Albacete, Spain. ITP Aero’s scope of work includes research and development, manufacturing and assembly and testing of aircraft engines, as well as MRO services for a wide range aerospace
GE Aerospace grants ITP Aero a contract extension to service CT7 engines Read More »
Embraer has closed a US$ 200 million (£167 million) credit facility to finance purchases from direct suppliers in the United States. This financing is being provided by Citibank and guaranteed by the Export-Import Bank of the United States (EXIM), the country’s official export credit agency. This credit facility with EXIM and Citibank will support Embraer’s
Embraer closes US$200 million credit facility Read More »
Airbus Corporate Helicopters (ACH) has delivered the first example of the ACH160 Exclusive helicopter. The helicopter is not only the first ACH160 in Exclusive configuration to be delivered globally but also the first ACH160 of any version to be delivered in Europe. It was accepted by a private customer based in France and entered service
Airbus Corporate Helicopters delivers first ACH160 Exclusive helicopter Read More »
Italy’s Leonardo has announced at the Heli-Expo in Atlanta, Georgia that it has signed multiple global contracts for the AW09 next-generation single-engine helicopter. The deal also includes the signing of a key collaboration for the U.S.A. market for the AW09. Preliminary sales contracts have been signed for over 50 helicopters with customers including Aero Service
Leonardo signs deals for the sale of over 50 AW09 helicopters at Heli-Expo 2023 Read More »
BOC Aviation has posted a net profit after tax (NPAT) for the full year 2022 of US$20 million, as a strong second-half performance offset the first-half write down of the value of aircraft formerly leased to airlines in Russia. Its core NPAT and core earnings per share of US$527 million and US$0.76, respectively, when adjusted to
BOC Aviation posts full-year 2022 net income of US$20 million Read More »
