Delta Air Lines reported that pre-tax income for the June 2014 quarter was $1.4bn, excluding special items, an increase of $593 million over the June 2013 quarter on a similar basis. Delta’s net income for the June 2014 quarter was $889m and its operating margin was 15.1%, excluding special items. On a GAAP basis which
B/E Aerospace reported its second quarter 2014 financial results. Second quarter 2014 revenues of $1.09bn increased 28.1% as compared with the prior year period. Second quarter 2014 operating earnings were $198.1m, an increase of 24.8%, and operating margin was 18.2%. On a GAAP basis, operating earnings were $185.3m. Second quarter 2014 earnings before income taxes
Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, announced that Vector Aerospace Africa (Pty) engine repair and overhaul facility, located in Lanseria, South Africa, has been appointed a Designated Overhaul Facility (DOF) for the Pratt & Whitney Canada (P&WC) PT6A-140 aircraft engine.
Jet Airways, India’s premier international airline, and Etihad Airways, the national airline of the United Arab Emirates, have outlined plans to reinforce their long-term commitment to the growth of India’s economy and aviation industry, including a major new turnaround strategy for Jet Airways to return to profitability in three years. The two airlines have been
ADSoftware reported the successful launch of its Airpack Fleet Management System and logistics solution to Nova Airways, Sudan’s largest carrier. In an industry that demands constant compliance with regulations, Sudanese carrier Nova Airways was looking for a system that could help them to stay ahead of changing requirements by anticipating any modifications required by regulatory
Rolls-Royce has signed a service support agreement with Thomson Airways for RB211-535 engines that power the airline’s Boeing 757 aircraft. The service support agreement has been designed specifically for Thomson and will support the airline’s Boeing 757 aircraft for the duration of their time in the fleet. Thomson Airways, part of the TUI Group, is
Hawaiian Airlines selected six Airbus A330-800neo aircraft, powered by the newly-launched Trent 7000 engine. Hawaiian Airlines has previously ordered Trent 700 engines for A330 aircraft and BR715 engines for Boeing 717 aircraft. The new aircraft will replace six A350-800 aircraft that the airline has on order.
AviaAM Leasing, a WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, announced the delivery of another Boeing 737-800 to Russian carrier Orenburg Airlines (operates under the Orenair brand). Under the three-party cooperation between AviaAM Leasing, Orenair and the aircraft’s owner, this is already the fifth Boeing 737-800 delivered to
Skymark Airlines, Japan’s third largest airline, has chosen Panasonic Avionics Corporation’s global connectivity service, eXConnect, to provide its passengers with free-of-charge in-flight Wi-Fi service. Passengers will be able to stay on top of current events as they surf the web, keep in touch with friends and family through their social networks, and even check email
Werner Aero Services has placed complete sets of V2500-A5 nacelle components in New Jersey, USA and in Brussels, Belgium. The components are strategically positioned in these two locations to support its US and European customers with quicker turn around times. Werner Aero Services plans to continually add more V2500-A5 pool locations to faster reach its
