Copa Holdings posted financial results for the third quarter of 2014. Net income of US$66.0m for 3Q14, excluding special items, Copa Holdings would have reported an adjusted net income of US$99.8m, a 14.1% decrease from adjusted net income of US$116.2m for 3Q13. Operating income for 3Q14 came in at US$111.1m, a 24.7% decrease from operating
Héroux-Devtek, a leading Canadian manufacturer of aerospace products, today reported its results for the second quarter of fiscal 2015 ended September 30, 2014. Results include the contribution of APPH Limited and APPH Wichita Inc. (collectively “APPH”), acquired on February 3, 2014. Consolidated sales grew 49.1% to CA$84.1m, up from CA$56.4m in the second quarter of
GA Telesis (UK) has purchased six Airbus A321s (CFM56-5B) last operated by Alitalia. GA Telesis has taken delivery of the first aircraft, MSN 434, and the remaining aircraft will be delivered through the end of 2014 and subsequently remarketed by the GA Telesis Asset Transaction Group (ATG). The first aircraft was delivered to Kemble, United
The airberlin group has equipped the first two aircraft in its fleet with the new ‘airberlin connect’ Wi-Fi service. The two Airbus A320, registered D-ABNJ and OE-LEL, now boast a Wi-Fi system from Panasonic Avionics Corporation, so passengers can access the internet with their own smartphone, tablet or laptop during the flight. In addition, passengers
GKN Aerospace is to lead a challenging 13-partner, 27 month, GB£30m future wing research programme, backed by the UK’s Aerospace Technology Institute (ATI). The VIEWS (Validation and Integration of Manufacturing Enablers for Future Wing Structures) programme will bring promising wing design, manufacture and assembly technologies near to market readiness, whilst selecting some novel technologies for
Intrepid Aviation announced the financing of one Airbus A330-300 on lease to China Airlines. The aircraft was purchased with cash earlier this year. Credit Agricole CIB and CIC are the long-term lenders in this transaction. Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation
The GEnx new-generation powerplant that will equip the AIR FRANCE KLM fleet of Boeing 787s from the end of next year represents another step towards the future in MRO terms. AFI KLM E&M teams will be capable for maintenance, repair and overhaul at its Schiphol engine shop. As first step AFI KLM E&M has obtained
FLYHT Aerospace Solutions reported that it has received a Supplemental Type Certificate (STC) for its Automated Flight Information Reporting System (AFIRS) 228 on the Airbus A320 series aircraft from the European Aviation Safety Agency (EASA). “This STC opens many doors for the AFIRS 228,” commented Jeff Brunner, FLYHT’s Vice President of Certification Engineering & China
Rockwell Collins announced today that Air Canada has signed a three-year contract to renew the company’s ARINC Managed Services (AMS) radio support services agreement for the airline’s ground handling operation in Canada. Through its AMS offering, Rockwell Collins provides 24×7 on-site technical support for the UHF ground-to-ground communication system and radio equipment used to manage
AWAS has delivered a third aircraft, one A320-200, as part of a four aircraft transaction with PT Lion Mentari Airlines (Lion Air) for three 737-800s and one Airbus A320. These new aircraft were purchased directly by the airline from their respective manufacturers. AWAS is providing a financing solution for all four aircraft and then placing
