AWAS has agreed to the lease of one Airbus A330-200 aircraft with BH Air, an established charter operator based in Sofia, Bulgaria. This widebody aircraft is from AWAS’ existing portfolio and has delivered on July 31st. The aircraft is the first of its type as well as the first widebody aircraft for BH Air.
Liebherr-Aerospace Toulouse SAS has delivered the first set of bleed air system components for the engine flight test bed of the Global 7000 and Global 8000 aircraft program, Bombardier’s latest ultra long-range business jets. The testing activities will be performed on GE Aviation Passport engine. Bombardier has selected Liebherr’s center of excellence for air management
Safran reported first-half 2014 adjusted revenue was €7,208m, up 4.4% year-on-year (5.3% organic).Adjusted recurring operating income at €981m (13.6% of revenue), up 16.5% year-on-year. After one-off items totalling Euro (10) million, profit from operations was €971 m. Adjusted net income – group share of €632m (€1.52 per share) compared with €658m in 2013 which included
Precision Aircraft Solutions has received approval from EASA to convert 757-200 passenger aircraft with winglets to freighter and combi configurations. The authorization allows European customers to benefit from the significant fuel savings and enhanced payload capacity derived from Precision’s winglet-compatible conversions. This EASA approval is Precision’s first since restructuring earlier this year. Today with five
Bombardier Aerospace’s revenues amounted to $2.5bn for the three-month period ended June 30th, 2014, compared to $2.3bn for the same period last fiscal year. EBIT totalled $141m, or 5.6% of revenues, compared to EBIT before special items of $107m, or 4.7%, and EBIT of $138m, or 6.1%, for the same period last fiscal year. Free
ANA Holdings has firmed up an order for 30 A320neo Family aircraft (seven A320neo and 23 A321neo). The initial agreement was announced in March 2014. Deliveries will start from 2016. ANA’s A320neo Family will be equipped with Pratt & Whitney PW1100G-JM engines.
The handover of the first EC145 T2 to DRF Luftrettung marks yet another milestone for Airbus Helicopters in the successful program for the BK117/EC145 family. In spring 2014, the latest addition to the family received certification from the European Aviation Safety Agency EASA and is now ready to take on a wide variety of missions.
Precision Aviation Group, a leading provider of products and value-added services to the worldwide aerospace and defense industry announced the acquisition of Aviation Controls, Inc. (ACI). ACI is a leading global provider of Maintenance, Repair, and Overhaul Services (MRO) for engine accessories, specializing in components and accessories for the GE J-85, Honeywell LTS-101, and Rolls
Gogo, a leading global aero communications service provider, has obtained a $75m increase to its existing $248m credit facility arranged by Morgan Stanley. Gogo intends to use the proceeds of the debt financing for general corporate purposes.
Boeing and All Nippon Airways (ANA) finalized an order for 40 widebody airplanes – 20 777-9Xs, 14 787-9 Dreamliners and six 777-300ERs (Extended Range) – as part of the airline’s strategic long-haul fleet renewal plan. The order, valued at approximately $13bn at list prices, was originally announced as a commitment in March.
