Avolon delivered one Boeing 737-800 aircraft to Malaysia Airlines. This delivery is the first of a three aircraft sale and leaseback transaction with Malaysia Airlines.
Aviation Fabricators (AvFab) received Russian approval for the installation of their Supplemental Type Certificate (STC) approved King Air Aft Jump Seat Kits in Beechcraft B300 (350) series aircraft. In addition, AvFab has STC approval in the U.S., EASA, Brazil, Mexico, Canada and Indonesia. “This approval is another big product milestone,” said AvFab’s GR Lowe. “Now
In December 1985, two Chinese airlines, Air China Southwest and China Eastern Yunnan, took delivery of their first Boeing 737s. These airplanes were powered by CFM International’s CFM56-3 engines. CFM was a very young company and these were some of its first orders. Since then, Greater China has become one of the largest and most
Commsoft, a world leader in aviation engineering and maintenance systems, reported that existing Commsoft customer, AvioCATS, will be using OASES to provide CAMO services for Croatian start up airline Limitless Airways’ newly acquired fleet of an Airbus A320, supporting their charter operation connecting Scandinavia with the Mediterranean. Headquartered in Zagreb, Avio Grupa D.O.O. (AvioCATS) will
Boeing currently has to deal with two major pressures – an increased number of orders, and competition from rival Airbus. Traditionally, airplane order numbers, when combined with levels of customization, meant that car industry manufacturing processes were predominantly inapplicable or inappropriate. However while Airbus already have a number of staff at senior level who have
IAG’s operating profit for the period was €25m an improvement of €175m from the prior year loss. British Airways made a profit of €117m (2014: €5m loss); Iberia made a loss of €55m (2014: €111 million loss) and Vueling’s loss was €29m (2014: €30m loss). Passenger revenue increased 12.3% compared to the same period last
Airbus Group reported robust first quarter 2015 results with improved cash flow and confirmed its full year guidance. Group order intake in the quarter was €21bn (Q1 2014: €21bn), with the order book value rising to €955bn as of March 31st, 2015 (year-end 2014: €858bn) taking into account a positive revaluation linked to the strengthening
Virgin America (VA) reported its financial results for the first quarter of 2015. First quarter 2015 net income was US$10.5m excluding special items, an increase of US$32.9m from the first quarter of 2014. Operating income and operating margin excluding special items were US$13.1m and 4.0%, respectively. On a GAAP basis, net income was US$12.8m. This
In the first quarter of 2015, Embraer delivered 20 commercial and 12 executive (10 light and 2 large) jets; The Company’s firm order backlog ended the quarter at US$20.4bn, compared to US$19.2bn at the end of the first quarter in 2014 and US$20.9bn in backlog at the end of 2014. As a result of aircraft
It was back at the beginning of April 2014 that Lufthansa pilots staged their first strike (this one for 3 days) over the changes to early retirement payments for pilots. The situation arose as Lufthansa pilots used to be forced to retire at 60, despite there then being a 5 year gap before they were
