Magnetic MRO and Aerospheres sign chemical consignment agreement

Magnetic MRO, a Total Technical Care and Asset Management organization, has signed a chemical consignment agreement with Aerospheres U.K., a London-based leader in real-time distribution of chemicals, paints, adhesives, sealants, and composites in support of commercial airline MRO operations worldwide. Aeropsheres U.K. has been a long-term partner of Magnetic MRO, supplying chemicals and adhesives to […]

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SkyWest to operate 16 new Embraer E175 jets for Delta Air Lines

Aircraft & Engines, Top Stories

SkyWest has signed an agreement with Delta Air Lines (Delta) to purchase and operate 16 new Embraer E175aircraft under a multi-year capacity purchase agreement. These aircraft are scheduled to be placed into service beginning in the first half of 2022, and will be placed into service ratably through year-end 2022. The aircraft will be purchased

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Brussels Airlines reports half-year EBIT loss of €-143 million

Financial

As a result of the coronavirus pandemic and its ongoing and unprecedented impact on the aviation sector, Brussels Airlines has reported a negative EBIT of €-143 million in the first semester of 2021. The non-essential travel ban in the first-quarter and continuous travel restrictions severely impacted the airline’s passenger numbers. First half-year revenues fell 45%

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Willis Lease Finance reports second-quarter pre-tax loss of US$1.9 million

Financial

Willis Lease Finance Corporation has reported second-quarter total revenues of US$66.5 million and a pre-tax loss of US$1.9 million. For the three months ended June 30, 2021, aggregate lease rent and maintenance reserve revenues were US$49.7 million and spare parts and equipment sales were US$3.6 million. The company reported lower revenue in the second quarter

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Volaris and CBD Aviation agree terms for sale and leaseback of four Airbus A320neos

Aircraft & Engines

CBD Aviation, which is the wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CBD Leasing), has signed a new agreement with Mexico’s leading carrier Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris), for the sale and leaseback of four brand-new Airbus A320neo jets, two of which are scheduled for delivery to

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Astronics Corporation reports second-quarter 2021 financial results

Uncategorized

Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, has reported financial results for the three- and six-month periods ended July 3, 2021. Consolidated sales were down US$12.5 million from the second quarter of 2020. Aerospace sales were down US$13.4 million, and Test System sales

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Nordic Aviation Capital delivers one Embraer E190 jet to Breeze Airways

Aircraft & Engines

Nordic Aviation Capital (NAC) is pleased to confirm that it has delivered one Embraer E190, MSN19000101, to Breeze Airways on lease. Breeze Airways is a new low-cost airline, founded by aviation entrepreneur David Neeleman, offering point-to-point flights from smaller secondary airports, bypassing hubs for shorter travel times.

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Oriental Air Bridge signs with TRAX eMRO

Information Technology

Nagasaki-based Oriental Air Bridge has inked a deal with TRAX to implement the web-based eMRO system to manage maintenance activities on its fleet of Bombardier Dash 8 aircraft. The airline operates charter flights throughout southern Japan in addition to scheduled services between Nagasaki and remote islands and between Fukuoka and several destinations. The airline has

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1,000 jobs at risk in Germany if Airbus can’t hive off Premium Aerotec

Other News

Europe’s Airbus has warned that if it is unable to hive off its small parts manufacturing business Premium Aerotec, then it will be forced to reduce that company’s workforce by approximately 1,000 out of its current 2,500 staff according to REUTERS news agency. Four months ago Airbus outlined plans for a company shake-up which included

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Panasonic Avionics launches full cabin 4K in-flight entertainment system with Cathay Pacific

Information Technology

Panasonic Avionics has launched the first full-cabin 4K ultra-high-definition in-flight entertainment (IFE) with Cathay Pacific Airways (Cathay Pacific). Its 4K screens are taking to the skies on the airline’s new fleet of Airbus A321neo aircraft, incorporating on-demand services with one of the largest movie and TV libraries available on a regional single-aisle aircraft. The rollout

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Heike Tamm