Bombardier Commercial Aircraft and Swiss International Air Lines (SWISS) announced that SWISS will be the first customer to take delivery and operate the CSeries aircraft when the CS100 aircraft enters service in the first half of 2016. Bombardier also confirmed that the CSeries aircraft will make its world debut at the International Paris Air Show
Bombardier reported its financial results for the first quarter ended March 31st, 2015. Revenues totalled US$4.4bn for the quarter, compared to US$4.4b for the same period last fiscal year. For the first quarter ended March 31, 2015, earnings before financing expense, financing income and income taxes (EBIT) totalled US$228m, or 5.2% of revenues, compared to US$207m or
Avolon (AVOL), the international aircraft leasing company, announced the delivery of one new Airbus 320-200 aircraft to VivaAerobus. This is the the first of four aircraft due to deliver to VivaAerobus.
Air Lease Corporation (ALC) reported financial results for the three months ended March 31, 2015. Revenues increased 13% to US$278m for the three months ended March 31st, 2015 as compared to US$246m for the three months in 2014. On April 22nd, 2015, the Company settled the litigation with American International Group, and International Lease Finance
SkyQuest International, has arranged the successful acquisition of one Boeing 737-300QC (-33A) aircraft on behalf of FSG Aviation of Hamilton, Bermuda. The aircraft has been sold by Air Panama of Panama City, Panama. The 1992 aircraft, Serial Number 25744, is powered by CFM International CFM56-3C1 engines and is fitted with a convertible 144 passenger or
GE Aviation held a groundbreaking ceremony for a new expansion at its facility in Hooksett, N.H. GE Aviation began building a 55,000 ft² expansion to increase capacity driven by a record backlog in its commercial engines business. This will represent a nearly US$50m investment in Hooksett over the next decade. GE has a significant presence
AAR has been selected by the UK Ministry of Defence (UK MoD) as the exclusive manager and single source of all repairs, spare parts and unit exchanges for its fleet of BAe146 aircraft. The two-year agreement includes an additional one-year renewal option and replaces an agreement signed in 2012 establishing AAR as an exclusive supplier.
Thomas Global Systems, a leader in the design, production and support of avionic display systems technology, demonstrates commitment to quality and customer service by achieving new EASA Part 145 approval at its facility in Irvine, California. This follows the Company’s FAA Part-145 approval which was granted last year just after the facility opened.
European pilot associations, including the European Cockpit Association which represents 38,000 pilots across 37 European countries, have been pushing for increased pilot training in basic flying skills. They have been concerned that increased automation in flying procedures and the desire to reduce costs has seen skills training gradually reduced to an unacceptable level. “What Europe
CFM International initiated flight testing of the LEAP-1B engine on April 29 on a modified 747 flying testbed at GE Aviation Flight Test Operations in Victorville, California. The testing is the next major milestone in a two-year program that will culminate in engine certification in 2016 and delivery of the first Boeing 737 MAX in
