Boeing reported first-quarter revenue increased 8% to US$22.1bn on higher commercial deliveries. Core earnings per share (non-GAAP) increased 12% to US$1.97, reflecting strong performance across the company, and GAAP earnings per share was US$1.87. Net earnings increased 38%. The Company reaffirmed its 2015 financial and deliveries guidance. Cash and investments in marketable securities totaled US$9.6bn
Ducommun Incorporated has been selected by Rolls-Royce to produce complex interconnect systems for the Trent 1000-Ten engine – which will power all variants of the Boeing 787 Dreamliner. Ducommun will manufacture these products through 2022 at its operation centers in Joplin, Mo. and Guaymas, Mexico. The Trent 1000-TEN engine, scheduled to be certified by the
Bell Helicopter Textron (“Bell Helicopter”) awarded its AAR’s Defense Systems & Logistics (DS&L) business unit a contract providing warehouse and logistics services in support of upgrading T64 engines for the Bell V-280 Valor technical demonstrator aircraft. The two-year agreement is the first between the global aerospace and defense contractor AAR and Bell Helicopter, producer of
GE Capital Aviation Services Limited (GECAS) delivered a new leased Boeing 737-800 aircraft to Hainan Airlines to expand the carrier’s fleet. The aircraft is part of GECAS’ existing order book with Boeing. Hainan Airlines is a longstanding GECAS customer and is the largest private airline in the People’s Republic of China. It operates a fleet
SAFRAN Snecma and Aeromat France have signed a partnership to provide worldwide lease service of engine stands for all types of CFM56 engines. Aeromat will manage the pool of stands according to OEM regulations for such equipment. This engine stand lease service will be provided for SAFRAN Snecma Group but also for any other customer
Rolls-Royce released that John Rishton has decided to retire as Chief Executive on July 2nd, 2015. He will be succeeded by Warren East, whose appointment follows an extensive international search. Warren East was CEO of ARM Holdings from 2001 to 2013. Under his leadership ARM became one of the world’s leading developers of semi-conductors with
Ameco is providing overhaul on a PW4000 engine from A.C.C.L Airmotive Services. It is the first time for Ameco to provide engine service for a Middle East customer. Last year, A.C.C.L signed a contract with Ameco for two PW4000s overhaul services, and the one in the workshop is the first engine. Currently, Ameco can provide
Having started on the other side of the Atlantic, concerns over the operating practices of major Gulf carriers has reached Europe, though not to the same extent as in the USA. Over there, American Airlines, Delta Air Lines and United Airlines have already launched an attack on the major Gulf airlines, specifically Emirates, Etihad and
All Nippon Airways (ANA) and Toyota Boshoku Corporation have teamed up to develop new economy class seats in line with the airline’s continued commitment to quality and comfort. The seats will appear on ANA’s domestic service beginning June 2015, and the collaboration marks the first time for Toyota Boshoku to be involved in the development
Jet Aviation Singapore received approval from the Federal Aviation Administration (FAA) to provide line and base maintenance to Gulfstream G650 aircraft. The company also added repair station approval for Thailand DCA. As a Factory Authorized Service Center and Warranty Repair Facility for the Gulfstream series, the FAA approval permits Jet Aviation Singapore to extend warranty
