Embraer has delivered nine commercial jets and 21 executive jets (14 light / seven large) in the third quarter of 2021, bringing the year-to-date deliveries to 32 commercial jets and 54 executive jets (36 light /18 large). Following solid sales activity in the period across businesses, total company firm order backlog at the end of […]
Embraer reports earnings results for the third quarter 2021 Read More »
A very dark shadow has been cast over the forthcoming holiday period in America with major airlines across the country struggling to recruit staff as post pandemic-restricted travel demand surges. Even back in the summer flight cancellations owing to staff shortages were occurring, and the problem has been exacerbated by virtually all major airlines scrambling
Spirit AeroSystems’ (Spirit) third quarter of 2021 revenue was US$980.0 million, up 22% from the same period of 2020, primarily due to higher production deliveries on the Boeing 737 and increased revenue from the recently acquired A220 wing and Bombardier programmes. These increases were partially offset by the lower wide-body production rates due to reduced
Spirit AeroSystems posts revenue of US$980 million in Q3 2021 – up 22% Read More »
MTU Aero Engines (MTU) has purchased a 20% share of MTU Maintenance Lease Services B.V. (MLS) from Sumitomo Corporation, making the Amsterdam-based company a 100% subsidiary of MTU. MTU has also sold its 10% share in SMBC Aero Engine Lease B.V. to Sumitomo Corporation. Both companies will continue to maintain their close collaboration. The move
MTU Maintenance Lease Services B.V. now a full MTU subsidiary Read More »
IAG Cargo reported that third-quarter 2021 (Q3) revenues represent an increase of 34.4% at constant currency versus the same period last year. Overall yield for Q3 was down 2.0% at constant currency versus 2020. Sold tonnes were up 42.6%. The results come on top of IAG Cargo’s half-year revenue of €769 million and delivering total revenue
IAG Cargo reports strong third-quarter revenues of €405 million Read More »
Willis Lease Finance Corporation has reported third-quarter total revenues of US$70.8 million and pre-tax profit of US$6.1 million. For the three months ended September 30, 2021, aggregate lease rent and maintenance reserve revenues were US$56.6 million and spare parts and equipment sales were US$5.1 million. The company reported increased total revenues in the third quarter
Willis Lease Finance Corporation reports third-quarter pre-tax profit of US$6.1 million Read More »
Embraer has delivered a new Phenom 300E to an undisclosed customer in Quito, Ecuador, marking the first delivery of the aircraft type in the country. The Phenom 300E’s technology, performance, and comfort are key for the missions in which the aircraft will fly. With a range of 2,010 nautical miles (3,724 km), the aircraft also
Embraer delivers first Phenom 300E to Ecuador Read More »
GA Telesis (GAT) continues to elevate its tooling and GSE sector growth, signing a new agreement with UK-based Didsbury Engineering to become a global distributor of its extensive inventory of hoist kits and other ground service equipment (GSE). The hoists are an integral tool in the safe installation and removal of heavy, hard-to-reach aircraft components.
GA Telesis signs new agreement with Didsbury Engineering Read More »
IFS, the global cloud enterprise applications company, has announced that Viva Air has selected IFS to support its maintenance, repair and overhaul (MRO) and fleet planning operations. As one of Latin America’s leading low-cost carriers with ambitious expansion plans across South and North America, Viva Air will deploy IFS software to support maintenance planning and
Viva Air selects IFS for aviation maintenance and fleet planning Read More »
In October, Finnair carried 433,300 passengers, which was 330.0% more than in October 2020. The number of passengers in October 2021 was 45.3% more than in September 2021. The COVID-19 impact, including the strict travel restrictions imposed by several countries, still affected all passenger traffic figures. It was particularly visible in the North Atlantic and
Finnair traffic performance in October 2021 Read More »
