In the third quarter of 2014, Embraer delivered 19 commercial and 15 executive jets. The Company’s firm order backlog ended 3Q14 at US$ 22.1bn, an all-time Company record. As a result of lower total aircraft deliveries, partially offset by higher revenues from the Company’s Defense & Security business, third quarter revenues were US$1,239.7m, for a
AerData, the provider of software and services for the aviation industry announced that Amedeo, a widebody aircraft lessor based in Dublin, has selected AerData CMS and STREAM software. Corporate Management System (CMS) is an industry-leading platform that supports all business processes in aircraft lease and asset management. Secure Technical Records for Electronic Asset Management (STREAM)
Air Transport Services Group, the leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, reported consolidated financial results for the quarter ended September 30, 2014. Pre-tax earnings from continuing operations increased 25% to US$15.6m driven by a US$7.0m improvement in airline profitability compared with a year ago. Net earnings from continuing
Back in February this year, Rolls-Royce, the FTSE-100 engine maker, lost over £3bn of its value after shocking the market with its first profits warning in a decade. To announce a second one this October has created considerable concern and Rolls-Royce has decided that over the next 18 months they need to reduce costs by
GE Aviation’s Peebles Test Operation celebrates 60 years of operation with the opening of a new US$40m indoor jet engine test facility. The new indoor test facility, which will begin testing production engines by year end, was built to accommodate the growing volume of GE90 and GEnx engines as well as the new GE9X and
Bombardier Commercial Aircraft announced the recent addition of a major new pillar to its growing support network in Europe. The company has appointed Lufthansa CityLine, the original launch customer for the CRJ aircraft, as an Authorized Service Facility (ASF) for its CRJ700 and CRJ900 aircraft. Under the ASF agreement, Lufthansa CityLine Technical Services will offer
Astronics Corporation reported that consolidated sales for the third quarter of 2014 increased 100.1% to US$179.4m compared with US$89.7m for the same period last year. Aerospace segment sales increased US$34.7m to US$122.2m and Test Systems segment sales increased US$55.1m to US$57.2m. The 2014 third quarter included US$74.1m in sales for two businesses acquired after September
Willis Lease Finance Corporation, the independent jet engine lessor in the commercial finance sector, reported third quarter 2014 net income of US$1.0m, compared to net income of US$2.2m, in the second quarter of 2014 and a net loss of US$2.2m in the third quarter of 2013. The loss in the year ago period included US$4.3m
West Star Aviation is proud to announce the launch of their newest avionics program for the installation of the Honeywell Primus Epic CDS/R full color (LCD) liquid crystal cockpit display system on the Challenger 601. This first type installation includes four new LCD displays, dual Advance File Graphics Servers (AFGS), and XM graphical weather. In
XiamenAir has opted for AFI KLM E&M expertise in support of the launch of its fleet of Boeing 787 Dreamliners and subsequent component maintenance and overhaul services for the aircraft. The long-term contract between the two groups organizes component support for six Dreamliner aircraft operated by XiamenAir. AFI KLM E&M designs and implements bespoke component
