Airbus Group reported improved results for the first nine months of 2014, driven by an enhanced operational performance across the company. Demand for the Group’s products remains strong overall with a net book-to-bill for commercial aircraft above 1 at the end of September, already fulfilling the full-year target. Group order intake in the first nine
Northrop Grumman Corporation has been awarded a contract from Naval Air Systems Command to deliver its next-generation mission computer for the Marine Corps’ H-1 helicopter upgrade program. Under this contract, Northrop Grumman will provide FlightPro Gen III mission computers for the UH-1Y and AH‑1Z aircraft. These aircraft will be the first to benefit from the
Gulfstream Aerospace recently delivered the first fully outfitted G650ER business jet to a customer, ahead of the 2015 projected delivery date. “It’s a good day when you can deliver on your promises ahead of schedule,” said Larry Flynn, president, Gulfstream. “Our customers have been waiting for the G650ER, the business jet that travels farther at
Boeing has signed a memorandum of agreement with leading composite supplier Toray Industries to expand its current contract for the Boeing 787 Dreamliner to include the 777X wings. Once finalized, the long-term contract extension will take effect in 2015 and meet Boeing’s customer affordability goals through the Partnering for Success program. The addition of the
Alitalia and Etihad Airways received merger clearance from the European Commission under EU Regulation No. 139/2004. They can therefore proceed with the proposed strategic partnership announced in August. Following the completion of its review, the European Commission confirmed that the partnership complies with the European regulations on competition. In line with previous cases, the airlines
The European Aviation Safety Administration (EASA) has forewarned airlines and regulators that a “significant risk” to civil aircraft operating through Egyptian airspace exists. On Thursday 13th November, the EASA issued a bulletin regarding the increasingly perilous situation in the Sinai Peninsula: “Due to ongoing insurgent activity, operators of civil aircraft should be aware of the
AeroCentury Corp., an independent aircraft leasing company, reported its operating results for the third quarter ended September 30th, 2014. The Company reported a net loss of US$8.2m for the third quarter of 2014, compared to net income of US$4.0m for the third quarter of 2013. The Company reported a net loss of US$11.8m for the
MTU Aero Engines has concluded a strategic agreement with U.S. engine manufacturer GE Aviation on the maintenance, repair and overhaul (MRO) of the GEnx turbine center frame (TCF). The contract makes MTU the provider of MRO services for GEnx TCFs within the GE Aviation network. The GEnx powers the Boeing 787 Dreamliner and is the
Embraer Commercial Aviation forecasts that airlines in Latin America will take delivery of 700 new jets in the 70 to 130-seat segment over the next 20 years, representing 11% of the worldwide demand for the segment in the period. It is estimated that 63% of these units will support growth and 37% will replace older-generation
Indonesia’s Lion Group has celebrated the delivery of its first three Airbus aircraft at a special ceremony in Toulouse on November 13th. The aircraft are the first from an order placed by Lion Group in March 2013 for 234 A320 Family aircraft, comprising 109 A320neo, 65 A321neo and 60 A320ceo. The initial batch of A320s
