On February 19th, 2015 Sukhoi Civil Aircraft Company and Bishwo Airways signed a Letter of Intent for the delivery of the Sukhoi Superjet 100 aircraft. It is expected that further consultations will result in a contract for five Sukhoi Superjet 100 (SSJ100) aircraft. The aircraft shall have a two-class layout for 93 passengers. In accordance
Aircastle reported total revenues for the fourth quarter were US$238.3m, an increase of US$46.3m, or 24% from the previous year, driven by higher maintenance revenues of US$27.6m reflecting the early return of several aircraft on lease with Russia-based airlines and higher lease rentals of US$8.9m. Adjusted EBITDA for the fourth quarter was US$233.2m, up US$37.2m,
Gulf Air, the Kingdom of Bahrain’s national carrier, and Lufthansa Technik AG have early extended their existing cooperation in landing gear overhaul for the airline’s Airbus A320, A321 and A330 fleet. The new contract, which commenced in February 2015, will end in December 2020. The contract comprises landing gear overhaul and exchange for complete shipsets.
Chameleon Products, a specialist interior supplier and Flying Service, a UK based Aircraft seat manufacturer, who have been producing seats for over 50 years, have collaborated to produce a new economy seat called ESP. The ESP (Extendable Seat Product) converts from a standard economy seat into a lounger seat which enables passengers to lie flat
Universal Avionics has been selected by Piedmont Airlines, headquartered in Salisbury, Maryland, to provide GPS-based Flight Management Systems (FMS) for retrofit to their Dash 8 series 100 fleet. This contract is in addition to a previous award to provide Multi-function Displays for this same fleet. The new FMS will support operations with all procedural leg
By the end of 2025 it is anticipated that the civil uses of drones will exceed military ones in financial terms, according to a report issued by IDTechEx. “The biggest market sub-sector will be small UAVs that are not toys or personal, with US$2bn in sales in 2025 generating over US$20bn in benefits in agriculture,
ARKIA Israeli Airlines, has signed a Memorandum of Understanding (MoU) with Airbus for up to four A330-900neo aircraft. The commitment makes ARKIA the first Airbus widebody customer in Israel and the first customer for the type in the region. The aircraft will help ARKIA to expand their growing operations into long haul business and leisure markets
Virgin America reported fourth quarter 2014 operating income of US$34.2m and net income of US$28.1m, excluding special items. This represents the highest net income for a fourth quarter in Company history and the ninth consecutive quarter of year-over-year improvement in income, excluding special items. On a GAAP basis, operating and net income for the fourth
Kaman has been awarded a multi-year contract for the production of fixed trailing edge (FTE) kits and assemblies for the 777 and 767 commercial programs. The award from Boeing Commercial Airplanes is a continuation of the work Kaman has performed for Boeing since the launch of the 767 program almost thirty years ago. To date
Alaska Airlines’ fleet of fuel-efficient Boeing airplanes is growing again. Seattle’s hometown airline is purchasing six more Boeing 737-900 Extended Range aircraft, valued at US$594m, Boeing’s current list price. The new planes, four scheduled for delivery in 2016 and two in 2017, bring Alaska’s total of locally manufactured jets on order to 79. “We’re delighted
