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Ryanair's full year profit jumps 66%

Ryanair reported a full year net profit of €867m, ahead of previous guidance. Traffic for the whole year was up 11% to 90.6m as load factors rose from 83% to 88%. Unit costs ex fuel were flat (including fuel they fell 5%), while net profits rose 66% as net margin jumped from 10% to 15%.

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DAE announces sale of StandardAero to Veritas Capital

Dubai Aerospace Enterprise (DAE) signed a definitive agreement to sell 100% of StandardAero to an affiliate of Veritas Capital. Terms of the transaction were not disclosed. DAE Managing Director Khalifa H. AlDaboos said: “StandardAero is one of the world’s largest independent MRO platforms with clients in over 70 countries. DAE acquired StandardAero in 2007 and

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MTU Maintenance Berlin-Brandenburg and Pratt & Whitney Canada Customer Service Centre Europe celebrate 4,000 P&WC engine shop visits

MTU Maintenance Berlin-Brandenburg and the Pratt & Whitney Canada Customer Service Centre Europe (CSC) are celebrating 4,000 repaired Pratt & Whitney Canada engines. The jubilee engine, a PW305A was delivered to Aero-Dienst GmbH & Co. KG, Germany’s second-oldest commercial operator and provider of business aviation services such as maintenance, operations, aircraft sales and aircraft management.

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Bombardier Business Aircraft opens new Regional Support Office in Munich, Germany

Bombardier Business Aircraft opened a new Regional Support Office (RSO) in Munich, Germany. Along with the RSO in Farnborough, UK, this office will bolster regional support capabilities for the growing number of Bombardier business aircraft customers in Europe. The new RSO is located alongside Bombardier Commercial Aircraft’s regional support office and international sales office. The

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Boeing delivers Transaero’s first Next-Generation 737-800

Boeing delivered Transaero’s first Next-Generation 737-800. The airplane, sporting a new livery, arrived at Moscow’s Domodedovo Airport. Transaero’s newest 737 has a recognizable radome “bump” on top of the fuselage just behind the wings. The dome-shaped radome covers a Ku-band satellite antenna system that enables broadband passenger connectivity all over the world — even over

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Small Planet Airlines enters Germany

Small Planet Airlines expands to Germany with the incorporation of Small Planet Airlines GmbH. The company’s office base is Berlin. Small Planet Airlines has begun offering its services to the German market with agreements already signed with some well-known German tour operators. “Germany is a strategic step that we have been considering for quite some

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