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CFM delivers first LEAP-1C to COMAC

CFM International and Commercial Aircraft Corporation of China (COMAC) celebrated delivery of the first CFM LEAP-1C engine to the aircraft manufacturer. This engine will be installed on the first C919 airplane in preparation for airplane roll out and first flight. The LEAP engine was officially launched in December 2009 when COMAC selected the LEAP-1C as

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Hangar expansion construction underway for Lufthansa Technik Philippines

Lufthansa Technik Philippines’ (LTP) hangar expansion is on track, six months after the Manila-based aircraft maintenance, repair, and overhaul (MRO) provider broke ground in January to extend its main hangar. The construction expands two existing bays equipped with versatile docking systems that can accommodate current widebodies and newer models for the Airbus A350, Boeing 777-9X,

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Alcoa completes acquisition of RTI International Metals

Alcoa, a leader in lightweight metals, has completed the acquisition of RTI International Metals (RTI), a global leader in titanium and specialty metal products and services for the aerospace, defense, energy and medical device markets. The merger, announced on March 9th, became effective on July 22nd. Under the terms of the merger agreement, each share

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UAL reports US$1.3bn second-quarter 2015 profit

United Airlines (UAL) reported second-quarter 2015 net income of US$1.3b excluding US$67m of special items. Including special items, UAL reported second-quarter net income of US$1.2b. These results are a record quarterly profit for the company. For the second quarter of 2015, total revenue was US$9.9bn, a decrease of 4% year-over-year. Second-quarter consolidated passenger revenue decreased

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Orbital ATK and Airbus finalize agreement on A350-1000 variant

Orbital ATK has finalized an agreement with Airbus to expand its current contract to include the manufacture of composite stringers and frames on the –1000 variant of the A350 program, adding to the work already being performed on the A350 program. This agreement builds on Orbital ATK’s valuable working relationship with Airbus and its partners.

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FedEx Express to acquire 50 additional Boeing 767-300F aircraft

FedEx Express agreed to purchase 50 additional 767-300F aircraft from Boeing as it continues to modernize its aircraft fleet to more effectively serve its customers. In addition to the 50 confirmed orders, FedEx also has options to purchase a total of 50 767F aircraft. The 50 firm-order aircraft will be delivered from fiscal 2018 through

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Boeing reports 33% fall in quarterly profit

Boeing reported second-quarter revenue increased 11% to US$24.5bn on record commercial deliveries. Second quarter 2015 results included the previously announced US$536mn after-tax charge on the KC-46 Tanker program reflecting higher estimated costs. Net earnings dropped 33% compared to the previous year. Core earnings per share (non-GAAP) guidance for 2015 has been adjusted to between $7.70 and

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B/E Aerospace reports second quarter 2015 financial results

B/E Aerospace posted its second quarter 2015 financial results. Second quarter 2015 revenues of US$700.6m increased 5.7% as compared with the prior year period (revenues increased 6.5% adjusting for the impact of unfavorable Euro exchange rates). In addition, revenues from the Company’s Russian customers were negatively impacted by the economic sanctions and the collapse in

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