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Boeing and ANA finalize order for three 787-10 Dreamliners

Boeing and All Nippon Airways finalized an order for three 787-10 Dreamliners, valued at approximately US$900m at list prices. With this order, originally announced as a commitment in January 2015, ANA becomes Boeing’s newest 787-10 customer and first airline in Asia to operate the entire family of 787 Dreamliners. ANA, the launch customer of the

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London Oxford Airport reports business aviation movements on the up

London Oxford Airport reports a steady increase in Business Aviation activity over the last twelve months. For the period February 2014 to February 2015 the airport reports a growth of 7.5 % year on year in commercial business aviation flights (those flown by AOC operators). In particular it notes a peak growth for the period

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Embraer sells up to 34 additional E-Jets to Air France/KLM Group

Embraer announced a firm order for 15 E175s and two E190s from KLM Cityhopper, KLM’s regional subsidiary. The contract for the 17 E-Jets also includes an option for 17 additional E-Jets for KLM Cityhopper or Air France regional subsidiary HOP! The firm order, which will be included in Embraer’s 2015 first-quarter backlog, has an estimated

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airberlin writes record loss

airberlin reported a preliminary operating result (EBIT) of €-278.8m to €-303.8m in the 2014 fiscal year (2013: €-231.9m) – a business year dominated by high restructuring costs. Total revenue for 2014 was €4.16bn (2013: €4.15bn) – an increase of 0.3% from the previous year. Allowing for expenses of €85m-€110m, which were incurred for the turnaround,

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AeroWorx is now an Authorized Mechanical Service Center for Honeywell Aerospace

AeroWorx has been approved by Honeywell Aerospace as an Authorized Mechanical Service Center. AeroWorx is located in Torrance, CA and is a leading FAA repair station provider of pneumatic, hydraulic, electromechanical and fuel system repair and overhaul services for military and commercial aircraft. Besides being one of just a handful of Honeywell Authorized Mechanical Service

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ENAER signs a Memorandum of Understanding with Finmeccanica-Alenia Aermacchi

ENAER and Finmeccanica-Alenia Aermacchi officially announced the signing of an industrial cooperation agreement under the form of a Memorandum of Understanding. According with the agreement, the Chilean aeronautics company, ENAER and Alenia Aermacchi will collaborate on the logistic support of the C-27J, worldwide considered as the benchmark in the new-generation, medium battlefield airlifter category, and

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Etihad prepared to sell off 7.5% stake in Aer Lingus

Having originally taken a 3% stake in Aer Lingus in May 2012 and increased that by acquiring a further 4.5% last year, Etihad Airways has announced that should the deal to sell Aer Lingus to IAG be backed by the Irish government, they would be prepared to sell off their stake in the airline. The

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TransDigm completes acquisition of Telair Cargo Group

TransDigm Group has completed the acquisition of the Telair Cargo Group of businesses, from AAR, for a total purchase price of approximately US$725m in cash, subject to adjustment. TransDigm financed the acquisition through a combination of existing cash on hand and borrowing of US$75m under its existing revolving credit facility. The acquisition was previously announced

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