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AAR reports first quarter fiscal year 2016 results

AAR reported first quarter fiscal year 2016 sales of US$377.8m and income from continuing operations of US$8.2m. For the first quarter of the prior fiscal year, the Company reported sales of US$395.1m and income from continuing operations of U$11.8m. During the quarter, the Company recorded a pre-tax gain of US$27.7m within discontinued operations from the

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Eurowings and easyjet consider European partnership

In a continued drive to increase its presence in the low-cost sector of the European market, Lufthansa’s low-cost subsidiary has been eyeing up a potential partnership with easyJet, Lufthansa Group chairman and CEO Carsten Spohr told German magazine Der Spiegel, saying that “We can cooperate with other airlines very actively. EasyJet had also shown interest

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Thales lands first Dual HUD order in China

Thales reported that China Southern Airlines has selected the Dual Head Up Displays (HUD) configuration across 30 of their new AirbusA320s, alongside the Thales Flight Management System and LRRARadio altimeter. With this order, Thales scores a double first in China. This represents the largest contract for HUDs and the first ever for a dual configuration

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Boeing and China sign orders and commitments for 300 aircraft

Boeing and China’s President Xi Jinping signed orders and commitments for 300 Boeing narrowbody and widebody aircraft and expanded collaboration between Boeing and China’s commercial aviation industry. Together, Boeing and China committed to further advance development of China’s commercial aviation industry and meet strategic business objectives for Boeing in the world’s largest airplane market going

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OKAY Airlines, ATSG West Limited, Vipshop, and others establish a Sino-Foreign Express Air Cargo joint venture

During the fourth annual China Air Finance Development Summit, Okay Airlines, ATSG West Limited, Vipshop and others totaling five parties announced the establishment of an express air cargo joint venture serving multiple destinations within the Peoples Republic of China (including Hong Kong, Macau and Taiwan) and surrounding countries. The principal commercial partners in the venture

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FL Technics to launch subsidiary in Thailand

FL Technics continues to expand its presence in the emerging markets. The company is already set to open a subsidiary with its main office in the capital city of Thailand. Backed by the official approval from the Board of Investment of the Kingdom of Thailand, the Bangkok office shall act as the centre of operations

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PEMCO redelivers 10th B737-300F Freighter to SF Airlines

PEMCO World Air Services (PEMCO) has announced the redelivery of a converted B737-300F (MSN 27522) to S.F. Airlines, the air cargo division of Shenzhen-based logistics specialist S.F. Express, one of the leading couriers in China. PEMCO has now completed a total of 10 737-300/400 freighter conversions for the airline. The original contract, signed in July

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Machinists to fight boeing over China plant

With an eye on the potentially lucrative Chinese aircraft market which has an estimated value in excess of US$1 trillion over the next 20 years, Boeing plan to open a facility in China which, among other things, will have the capacity to finish and paint 737s that will be built at the Renton, Washington facility.

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