Total revenue increased by US$49m, or 39%, to US$173m for the fourth quarter compared to US$124m for the same period in 2013. Adjusted net income increased by US$21m, or 74%, to US$49m for the quarter compared to US$28m for same period in 2013. Net income for the fourth quarter was a loss of US$13m reflecting
AerFin (UK) continues its acquisition programme to support its inventory contracts, with the purchase of A319 MSN 1846, currently being parted out in Goodyear AZ. The airframe will be used to support the parts inventory programs that AerFin is establishing with recent contracts and existing customers. This agreement brings the total number of aircraft that
German cargo airline AeroLogic has commissioned Lufthansa Technik AG to provide base maintenance services for its fleet of Boeing 777F aircraft. Over the next two years, C-checks on the carrier’s eight 777Fs will be carried out by Lufthansa Technik’s subsidiary Lufthansa Technik Maintenance International (LTMI) in Frankfurt. The primary focus of these extensive checks –
Three countries have announced plans to trial a new means of enabling air traffic controllers to more easily follow planes travelling over large expanses of water, such as the Indian Ocean, which is believed to be the final resting place of Malaysian Airlines flight MH370. The news comes at an awkward time for the relatives
Airbus Group reported strong 2014 results, reflecting an improved operational performance with record commercial aircraft deliveries, revenues and order backlog. Group order intake in 2014 was €166.4bn (FY 2013: €216.4bn, with the order book worth a record €857.5bn at year-end (year-end 2013: €680.6bn). Airbus received 1,456 net commercial aircraft orders (FY 2013: 1,503 net orders),
Another major milestone in Bombardier’s CSeries aircraft program was reached with the maiden flight of the CS300 airliner. The technologically advanced CSeries aircraft will provide operators with an all-new family of single-aisle mainline jets specifically designed for the 100- to 149-seat market segment. The CS300 airliner departed Montréal–Mirabel International Airport at 11:00 EST and returned
Air Tahiti Nui signed a commitment to purchase two 787-9 Dreamliners. The order is valued at US$514m at current list prices. Air Tahiti Nui, the flag-carrier for French Polynesia, has headquarters in Papeete and operates from Faa’a International Airport on the island of Tahiti.
Argentina’s flagship carrier, Aerolineas Argentinas, has taken delivery of their first new, directly purchased Airbus A330-200 aircraft as a part of the carrier’s fleet renewal strategy. The aircraft, equipped with GE engines, joins the airline’s existing fleet of 11 Airbus widebody aircraft, comprising four A330-200s and seven A340s. Aerolineas Argentinas will deploy its new A330
SuperJet International – joint venture between Finmeccanica-Alenia Aermacchi and Sukhoi Holding – announced that the Mexican airline Interjet confirmed the option for additional 10 Sukhoi Superjet 100 aircraft. In 2011 Interjet originally ordered 15 SSJ100 and 5 options. The 5 options became firm in July 2012 at Farnborough Air Show. In November 2012, during ALTA
Vector Aerospace Helicopter Services – North America (HS-NA) has recently conducted three 12-year inspections with plans to conduct a fourth this month. Vector Aerospace recently performed two Airbus Helicopters AS350 12-year inspections for Care Flight of Reno, Nevada affiliated with Air Methods, with plans to commence a third this month. Additionally, Vector Aerospace recently completed
