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US$80m training contracts awarded to Lockheed Martin

Lockheed Martin (LMT) continues to advance C-130 aircrew and maintenance training under recent contract awards from the U.S. Air Force valued at more than US$80m. Under the C-130J Maintenance and Aircrew Training System (MATS) II contract, Lockheed Martin is delivering a number of aircrew and maintainer devices to support ground-based training, including high fidelity weapons

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Vector Aerospace receives Airbus Helicopters' Service Centre approval

Vector Aerospace UK a leading provider of aviation maintenance, repair and overhaul (MRO) services, signed an agreement with Airbus Helicopters enabling its Fleetlands site in Gosport to operate as an Airbus Helicopters Service Centre for countries adjoining the North Sea – the UK, Republic of Ireland , Norway, Denmark, the Netherlands and Belgium. The agreement

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American Airlines Group reports record first quarter 2015 profit

Excluding net special charges, American Airlines Group’s first quarter 2015 net profit was a record US$1.2b. This represents a tripling of the Company’s first quarter 2014 net profit excluding net special credits of US$402m. The Company’s first quarter 2015 pretax margin excluding net special charges was 12.7%, up 8.6 percentage points from the same period

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AerCap executed 104 aircraft transactions during the first quarter

AerCap announced its transactions during the first quarter 2015: the company signed lease agreements for 67 aircraft and delivered 32 aircraft under contracted lease agreements. AerCap purchased 17 new aircraft, including 2 Boeing 787-8s, 4 Boeing 787-9s, 6 Boeing 737-800s, 4 Airbus A321-200s and 1 Airbus A330-300 and executed sale and part-out transactions for 20

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CTC Aviation announces further expansion to crew training centre network

As part of CTC Aviation’s strategic plans to expand the capacity and provision of purpose-built airline pilot training and resourcing services, the company has announced the opening of two additional UK-based Crew Training Centres – London Gatwick and Coventry; increasing the total number of Crew Training and Resourcing Centres within the company to seven worldwide.

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