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Astronics Corporation reports 2014 fourth quarter sales of US$166.1m and net income of US$18.4m

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

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Innovative TaxiBot now used in real flight operations

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.

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Royal Air Maroc to launch Dreamliner service on February 22

Royal Air Maroc, the national airline of Morocco, marks a milestone with the launch of its first Boeing 787-8 Dreamliner. The new, superefficient 274-seat aircraft will depart on its inaugural 6.5-hour flight from Mohammed V International Airport in Casablanca (CMN) to New York’s John F. Kennedy International Airport (JFK) on February 22nd. This launch marks

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India seen as potential production location for new Russian superjet

It was back in August 2012 that Russia’s United Aircraft Corporation (UAC), the manufacturer of the Sukhoi Superjet, announced its plans to build a new airliner intended to bridge the gap between the Superjet and the larger MS-21 airliner which was then in development. At the time, UAC had orders for 300 civil aircraft and

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Vienna to become first base for new Eurowings outside Germany

The new Eurowings will have its first base outside Germany in Vienna. Following close consultation with Austrian Airlines and at the carrier’s own request, two Airbus A320 aircraft are to be stationed there initially, offering point-to-point connections on European routes. The aircraft are to fly in the colors of the new Eurowings. It is planned

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Airbus A350 XWB makes début at Madrid-Barajas airport

The A350 MSN2, one of Airbus’ five A350 XWB test aircraft, has landed at Adolfo Suárez Madrid-Barajas airport on February 19th for the first time, to demonstrate its all new features to Iberia, the Madrid airport authorities and the media. Iberia has eight A350-900s on order.The A350 XWB is an efficient medium-capacity long-range wide-body aircraft.

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Bishwo Airways signs Letter of Intent for SSJ100 aircraft

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

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Aircastle reports fourth quarter and full year 2014 results

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,

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Gulf Air and Lufthansa Technik extend landing gear contract

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.

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