The national flag carrier Myanmar National Airlines (previously known as Myanma Airways), took delivery of its first ATR 72-600 today. The airline, which currently operates a fleet of three ATR 72-500s, two ATR 72-200s and one ATR 42-300, had booked an order for six ATR 72-600s in 2014, along with options for six additional aircraft,
Spirit AeroSystems reported second quarter financial results driven by positive operating performance of mature programs. Spirit’s second quarter 2015 revenues were US$1.7bn, down 6% compared to the same period of 2014 primarily due to the Gulfstream wing divestiture and lower revenues recognized on the 787 program. Operating income was US$230m, up from US$216m for the
SkyQuest International has arranged the successful sale of one Pratt & Whitney PW121 Engine on behalf of Wilken Group of Companies of Nairobi, Kenya. The Engine, with Serial Number 120553, has been sold to B I Aero, of Whitehouse Station, New Jersey, US, and was delivered on June 22nd, 2015.
Ryanair reported a first quarter profit of €245m, up 25% on last year, as traffic grew 16% to 28m due to stronger load factors, up 6% points to 92%. Despite CapEx of €324m and share buybacks of €195m, Ryanair’s net cash increased to over €550m (from €364m in March). The airline completed almost 90% of
Following the article published in the July 2015 edition of AviTrader MRO titled “The long march of the Middle East titans” ICF International would like to correctly state that: “While Etihad, Mubadala, and SRT all share the same owner – the govoverment of Abu Dhabi, Etihad is NOT owned by Mubadala, while SRT is. Therefore
IAG’s interest in Aer Lingus, which was first made known in December 2014, has culminated in the EC approving their offer of €1.4bn (US$1.5bn) for the Irish flag carrier. The approval comes just four days after a minority shareholder in the company, Ryanair, accepted an offer from IAG for their 29.8% holding as IAG were
Alaska Airlines has reported two new routes from Los Angeles, and one new route from Boise, Idaho. New daily roundtrip service between Los Angeles and Monterey, California; and Boise, Idaho and Reno, Nevada begin Nov.5th. A new seasonal flight between Los Angeles and Gunnison/Crested Butte will shuttle skiers and snowboarders from California to Colorado starting
Sunwing Airlines’ first Boeing 787 Dreamliner flights to Amsterdam begin this Saturday, June 27. Only available on the carrier’s twice weekly service from Toronto to Amsterdam that will operate on Wednesdays and Saturdays until September 02, 2015, this is the first time that Sunwing customers will be able to relax on the new state-of-the-art, wide-bodied
Royal Jordanian, the Jordanian flag carrier has decided to renew the contract signed in 2011 with AFI KLM E&M covering component support for its Airbus A330s. The agreement includes repairs and access to the spares pool on a flight hour basis.The special feature of this contract is that it is set to run until the
Korean Air placed an order for 60 CFM LEAP-1B engines to power 30 Boeing 737 MAX aircraft. The order is valued at US$877m at list price, including spare engines. At the Paris Air Show AerCap Holdings announced an order for 200 CFM LEAP-1B engines to power 100 737 MAX aircraft. The order is valued at
