ARKIA Israeli Airlines selected up to four Airbus A330-900neo aircraft, powered by the Trent 7000 engine. Bruce Blythe, Rolls-Royce, Senior Vice President – Customers, Civil Large Engines, said; “We welcome ARKIA’s decision to select the A330neo, powered by our Trent 7000 engines. We look forward to delivering outstanding performance and economics.” ARKIA also operates two
Airborne Maintenance and Engineering Services, Inc. (AMES) announced that it has been granted a Class 4 Airframe Rating by the U.S. Federal Aviation Administration (FAA). This rating gives AMES broad approval to perform maintenance on nearly all commercial aircraft that can be accommodated within its hangar facilities. AMES, a subsidiary of Air Transport Services Group,
The AFI KLM E&M engine shop at Schiphol recently completed its first “Quick Turn” shop visit on a GEnx-1B engine. This first operation is important as it marks the beginning of a product offer slated for substantial development in the years ahead. AFI KLM E&M has actively geared up to get ready for the entry
AerCap reported fourth quarter 2014 net income was US$298.2m, compared with US$65.6m for the same period in 2013. Fourth quarter 2014 reported basic earnings per share were US$1.41, compared with US$0.58 for the same period in 2013. The increase in net income and earnings per share over the fourth quarter 2013 were driven primarily by
AJW Aviation, part of the AJW Group of companies, has concluded a targeted Group purchasing initiative with the closing of a deal to secure an Airbus A320-200 (MSN 1730) from SMBC Aviation Capital Netherlands B.V. This brings the total number of aircraft purchased for tear-down to four: including an A319 and B737-700, and a B757(PW).
Allegiant Travel Company has entered into an agreement to purchase six additional A319 aircraft. The aircraft are currently being operated by Cebu Pacific Air and are scheduled to enter the Allegiant operating fleet from the end of 2015 through 2017. Two of the aircraft will be purchased in 2015 and the company expects the remainder
DVB Bank SE’s (DVB) Aviation Investment Management team, in its capacity as investment advisor to the Deucalion Aviation Funds, completed the sale of 20 aircraft valued at approximately US$814m to a special purpose exempted company which, together with another limited liability company subsidiary, co-issued US$667m of Reg. S/Rule 144A DTC eligible notes (the Notes) with
The bitter dispute between US- and Gulf-based airlines has reached a new level after Emirates flatly rejected an open apology made concerning what was seen as incredibly tactless and insensitive remarks made by Delta’s Chief Executive, Richard Anderson. The unfortunate incident relates back to comments made by a group of American airlines that a number
Astronics Corporation, a leading provider of advanced technologies for the global aerospace, defense, consumer electronics and semiconductor industries, released that consolidated sales increased US$60.6m to US$166.1m, compared with the same period in the prior year. The 2014 fourth quarter included US$43.7m in incremental sales for acquired businesses. Organic sales increased US$16.9m, or 16.1%. Aerospace segment
Following approval by the European Aviation Safety Agency (EASA), Lufthansa LEOS, a subsidiary of Lufthansa Technik AG, has commenced operations with the innovative TaxiBot aircraft tractor, developed by Israel Aerospace Industries (IAI) with Lufthansa LEOS’ extensive support and cooperation. After extensive testing, the TaxiBot will now be used in real flight operations at Frankfurt Airport.
