Triumph Group reported net sales for second quarter fiscal year 2015 increased 3% to a record $994.1m, operating income for second quarter fiscal year 2015 was $114.7m and included $7.8m of costs related to the Jefferson Street/Red Oak facility transition. Excluding these costs, operating income was $122.5m, reflecting an operating margin of 12%. Net income
GKN Aerospace joins tier one industry partners Airbus, AgustaWestland, GE, Rolls-Royce, Cytec and Vestas to celebrate the official opening of the second phase of the UK’s highly successful National Composites Centre (NCC). Established just three years ago, the NCC is already at the heart of the UK’s fast-growing expertise in the design and rapid manufacture
SriLankan Airlines, the national carrier of Sri Lanka, has taken delivery of its first A330-300 becoming a new operator for the type. The wide-body aircraft arrived at Colombo International Airport, having flown from Toulouse, France, and joins the airlines’ existing fleet of A320, A321, A330-200 and A340-300 aircraft. SriLankan will take delivery of a further
Clearly Aeroflot have no intention of allowing political pressure from the EU to affect the company’s plans to add a new low-cost string to its bow, which it has today officially, and perhaps appropriately, named Probeda, which in Russian means ‘victory’. It was only back in August Aeroflot pulled the plug on their newly created
Lufthansa Group posts nine-month operating profit of €849m and confirms projected full-year operating profit of €1bn. The Lufthansa Group remains confident of achieving its profit targets for 2014 – despite experiencing a difficult third quarter, and despite strike action eroding €170m from its earnings results. The Group expects to post an operating profit of around
Triumph Aerostructures – Vought Aircraft Division, has been selected by Gulfstream Aerospace to build wing structural components for the G500/600 business jet. The contract is worth approximately $250.0m. Production of the structural components will be performed at the company’s facilities in Nashville, Tennessee and Los Angeles, California. In addition to the wing structural components, Triumph
Bombardier Aerospace’s revenues increased by 29% to reach $2.6bn for the three-month period ended September 30th, 2014, compared to $2.0bn for the same period last fiscal year. EBIT totalled $74m or 2.9% of revenues, for the third quarter, compared to $86m, or 4.3%, for the same period last fiscal year. EBIT before special items totalled
Airbus Training Center (ATC) in Miami has integrated a new A320 full-flight simulator. Produced by FlightSafety International, provider of aviation training, simulation equipment and software, the A320 simulator received Level D qualification from the Federal Aviation Administration (FAA) and is ready to provide training on CFM and IAE engines as well as the Honeywell Flight
Integrated aircraft support specialist, AJW Aviation, has partnered with Storm Aviation to further extend their total aircraft support solution that is transforming operational efficiency and cost-savings for smaller fleets and start-up airlines. Storm Aviation is EASA Part-145 and Part-147, approved. It operates line stations across Europe, Asia and the Commonwealth states and will also provide
Monarch Aircraft Engineering has gained United Arab Emirates General Civil Aviation Authority Part 147 approval. This approval compliments the EASA Part 147 approval already held by Monarch Aircraft Engineering and further demonstrates its strategic plan to grow and open up new markets. The technical training is delivered by Monarch Aircraft Engineering Training Academy (MAETA) which
