Marshall Aviation Services, the business aviation-focused arm of Marshall Aerospace and Defence Group, is preparing to expand activities at its newly secured Fixed Based Operation (FBO) facility at Birmingham International Airport, UK. The Birmingham FBO will also be home to a new aircraft sales office for Marshall Aircraft Sales, specific to a new business jet
The group has recorded the highest profit in its history and the outlook remains strong. Liquidity is at a record high and there is no long-term interest bearing debt on its balance sheet. Whilst Small Planet‘s revenue grew modestly from the year before (9.2%), its profit before tax reached €8.2m compared with €1.7m for the
In what has been seen by many as a potential case of double jeopardy, Judges in the Paris Criminal Court have dropped all charges against a number of individual and corporate defendants in a case of alleged insider trading at Airbus which relates to events that took place in 2006. The trial itself began last
Ultra-low-cost carrier VivaAerobus has taken delivery of its first new A320 following the aircraft handover at the Airbus Delivery Centre in Toulouse. The A320 is the first to be delivered from an order placed in 2013 for 52 aircraft (12 A320ceo and 40 A320neo), which is the largest single deal by a Mexican customer. VivaAerobus
Rockwell Collins reported that pilots flying new Beechcraft King Air 350i, 250 and C90GTx turboprops from Textron Aviation will experience intuitive, eyes-forward flying with its Pro Line Fusion flight deck. The system is expected to certify for all three new-production King Air models in the upcoming months, with aircraft deliveries to begin this summer starting
Flying Colours Corp., the North Americas-based MRO, completion and refurbishment specialist, announced an order for the completion of three, brand-new Bombardier Challenger 650 aircraft. The order, which is a sub-contract from Specialized and Amphibious Aircraft of Bombardier’s Commercial Aircraft division, will see the green aircraft configured in dedicated medevac interiors and delivered to an undisclosed
AerCap has reached an agreement with United Airlines (“United”) for the lease of up to 25 used A319 aircraft from AerCap’s existing fleet. AerCap will deliver the aircraft between 2016 and 2021. Aengus Kelly, CEO of AerCap, commented: “We are excited about this opportunity to support one of the major US carriers in their fleet
HAECO Component Overhaul (Xiamen) (“HAECO CRO”) has been appointed by Umbra Cuscinetti S.p.A. (“Umbra”) as its exclusive provider of Authorised Repair Station services in Mainland China. Umbra is an OEM (Original Equipment Manufacturer) and the sole supplier of Boeing commercial aircraft trailing edge and stabiliser flap ballscrews, essential components for flight control actuation systems. HAECO
Aircraft asset manager Amentum Capital (‘Amentum’), Tokyo Stock Exchange listed Financial Products Group Co. (‘FPG’ – 7148:JP) and JOLCO structuring specialist FPG Asset & Investment Management BV (‘FPG AIM’) are further expanding their successful cooperation to provide quality aircraft investment solutions to investors. As part of this next phase of their strategic partnership, FPG has
Many of China’s airline hubs are on the coast, yet it is the newly wealthy living inland who China are looking at to drive the next period of expansion with Chinese airlines. It is known that Air China, China Eastern Airlines and China Southern Airlines are all adding flights to New York, Paris and Sydney
