Spirit AeroSystems’ operating loss for the fourth quarter of 2014 was (US$273)m compared to operating loss of (US$321)m in the fourth quarter of 2013. Net loss for the quarter was (US$106)m compared to ($587)m in the same period of 2013. The current quarter includes a pretax charge of (US$471)m for the divestiture of Gulfstream programs
Mesa Airlines has reached an agreement in principle, subject to definitive documentation, with Bombardier for the purchase of seven new CRJ900 NextGen aircraft to operate under a long-term capacity purchase agreement with a major U.S. airline. The aircraft will be purchased new from Bombardier and will bring the total number of CRJ900 aircraft operated by
UTC Aerospace Systems released that the United States Federal Aviation Administration (FAA) has officially approved a product manufactured by UTC Aerospace Systems affiliate entity in Bengaluru, India. With this approval, the Bengaluru unit is among the first Indian entities to domestically produce and export an aviation product to aircraft manufacturers in the United States. UTC
SAS has entered into a slot transaction with a major international air carrier that will take over one slot-pair at London Heathrow from SAS at the beginning of the summer traffic program on March 29th 2015. The transaction will generate a positive earnings impact of the equivalent of US$60m for SAS to be accounted for
Gogo, a leading provider of in-flight connectivity and entertainment solutions to the global aero market, announced that it will bring its next generation ATG-4 air-to-ground connectivity technology to business aviation. ATG-4 will be available for business aircraft via a new equipment package called ATG 8000. First shipments are expected in April 2015. Particularly well-suited for
Rolls-Royce has been selected by Indonesian airline Lion Air to supply Trent 700 engines worth US$140m at list prices, to power three Airbus A330ceo aircraft. This is the first time that Lion Air has selected Rolls-Royce engines. Eric Schulz, Rolls-Royce, President – Civil Large Engines, said: “We are delighted to welcome Lion Air, a fast-growing
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, is further expanding the range of its services and customers by becoming an approved spare parts and MRO provider for the Armed Forces of the Democratic Socialist Republic of Sri Lanka. FL Technics will support Sri Lanka Air Forces with Antonov An-32
AerData, the provider of lease management, records management and engine fleet planning software, reported that Titan Aviation, a wholly owned subsidiary of Atlas Air Worldwide, has chosen AerData’s CMS and STREAM software. CMS (Corporate Management System) is the leading lease and asset management solution used by the majority of the world’s aircraft, helicopter and engine
Allegiant Travel Company has entered into an agreement to purchase four additional A320 aircraft. The aircraft are currently being operated in Europe and are scheduled to enter the Allegiant operating fleet in 2017. These aircraft are expected to begin service in the second half of 2017. The purchase of the aircraft will take place upon
Three weeks after Airbus began discussions with the European Aviation Safety Agency (EASA) regulators over deployment of ejectable flight data recorders, the International Civil Aviation Organization has proposed the implementation of a number of measures to ensure that by the end of 2016, airlines are able to locate all aircraft, even over major expanses of
