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
Airbus has achieved EASA certification of its innovative Runway Overrun Prevention System (ROPS) technology on A330 Family aircraft. This on-board cockpit technology, which Airbus has pioneered over several years, is now certified and available on all Airbus Families. ROPS is an alerting system which reduces exposure to runway overrun risk, and if necessary, provides active
Six incidents in the UK over the last year involving aircraft and drones have forced the CAA (Civil Aviation Authority) to issue a warning to drone users over improper use and the requirement for drone pilots to follow a code of conduct. In the UK it is against the law to recklessly endanger an aircraft,
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.
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
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
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
Liebherr LAMC Aviation (Changsha), the Joint Venture of Liebherr-Aerospace Lindenberg GmbH, Germany and AVIC’s subsidiary Landing Gear Advanced Manufacturing (LAMC), China, has shipped its first consignment of landing gear components to Liebherr-Aerospace’s OEM facility in Lindenberg (Germany). The first program completely managed by the Joint Venture is the landing gear system of COMAC’s C919 aircraft.
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, announced delivery of the first of two leased Boeing 737-700s to its customer VRG Linhas Aéreas S.A. The second aircraft is scheduled for delivery later this month. VRG Linhas Aéreas, the parent company of GOL, is Brazil’s second largest air carrier.
Total technical care organization Magnetic MRO (MMRO) enlarged its services portfolio by opening full aircraft painting capability in their Tallinn headquarters. MMRO commenced its first painting project already in July, with painting slots reservation open for the winter maintenance season. The hangar has the capability to offer services to all narrow-body aircraft including Airbus A320
