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Gogo Vision now installed on more than 1700 commercial aircraft

Gogo’s  wireless in-flight entertainment product – Gogo Vision – is now installed on more than 1,700 commercial aircraft across six major airlines the company reported and continues to roll out in the business aviation market. Today, more than half of the aircraft flying around the world with wireless in-flight entertainment are equipped with the Gogo

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GE Aviation announces more jobs and additional investment in Lafayette

GE Aviation reported plans for additional investment at the site of its new engine assembly facility in Lafayette, Indiana. The additional US$15M investment in machinery and equipment will allow for maintenance, repair and overhaul capability for the new LEAP engine of CFM International, a 50/50 joint company of GE and Snecma (Safran) of France. GE

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Finnish competition authority approves Flybe Nordic transaction

The Finnish Competition and Consumer Authority has approved the transaction in which Flybe Uk’s 60% ownership of Flybe Nordic venture will be transferred to StaffPoint Holding and G.W. Sohlberg (GWS). The letter of intent on this transaction was announced on January 7th 2015. Upon completion of the sale, StaffPoint’s ownership in the joint venture will

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JetBlue posts 4th quarter 2014 net income of US$88m

JetBlue reported operating income of US$169m in the fourth quarter. This compares to operating income of US$115m in the fourth quarter of 2013. For the full year 2014, JetBlue reported operating income of US$515m. This compares to operating income of US$428m in 2013. Pre-tax income of US$140m in the fourth quarter. This compares to pre-tax

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B/E Aerospace reports full year and 2014 financial results

B/E Aerospace reported 2014 revenues of US$2.6bn increased 18.0% as compared with the prior year.  Adjusted operating earnings were US$466.4m, an increase of 19.8% and adjusted operating margin of 17.9% increased 20 basis points as compared with the prior year. On a GAAP basis, operating earnings were US$384.0m. 2014 adjusted EBITDA of US$571.1m increased 21.1%

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US FAA sets new Air Safety Rule

Six years after the fatal crash of a regional turboprop plane operated by Colgan Air near Buffalo, New York, killing all 49 on board and one man on the ground, the USFAA have now begun to implement new safety rules that are the last airline safety enhancements mandated by Congress in 2010 in response to

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Commercial Jet converts AEI's 400th Freighter Conversion

Commercial Jet is modifying Aeronautical Engineers’ (AEI) 400th freighter conversion. The 11 pallet position B737-400SF (MSN 25105) was converted at Commercial Jet’s Miami, Florida facility and delivered to TNT Airways S.A., in mid-December of 2014. Commercial Jet provided all of the touch labor for the passenger-to-freighter conversion, performed heavy maintenance and painted the aircraft.

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