Spirit AeroSystems celebrated the rollout of the first flight test pylon for the Mitsubishi Regional Jet (MRJ) aircraft. The pylon and underwing structure are used to mount the aircraft’s Pratt & Whitney power plant to the wing and are designed and manufactured by Spirit at the company’s Wichita, Kan., facility. In 2008, Mitsubishi awarded a
Etihad Airways and Philippine Airlines (PAL) have signed a Memorandum of Understanding (MoU) that marks a new era of cooperation between the flag carriers. The MoU lays the foundation for a renewed partnership agreement that will deliver a comprehensive range of commercial benefits to the airlines and their customers. Included in its scope are codesharing,
Dubai Aerospace Enterprise (DAE) reported revenue for full year 2013 increased to US$ 2,105m (AED 7,735m) from US$ 1,943m (AED 7,140m) for full year 2012. Net Income for full year 2013 increased to US$111.6m (AED 410m) from US$7.8m (AED 29.0m) in 2012.
The results reported by MTU Aero Engines AG for the first quarter 2014 are in line with the previous year. Group revenues remained stable at €913.0m (1-3/13: €906.0m). MTU’s operating profit in the first three months of 2014 amounted to €89.0m (1-3/13: €88.3m), resulting in an unchanged EBIT margin of 9.7%. Earnings after tax also
GE Capital Aviation Services Limited (GECAS delivered a new leased Boeing 737-800 aircraft to China’s Okay Airways Company. The aircraft comes from GECAS’ existing order book with Boeing. It is the first of two scheduled for lease to Okay Airways in 2014 to expand the carrier’s fleet. Okay Airways operates a fleet of 24 aircraft
Finnair’s saving negotiation with the Finnish Flight Attendants’ Association (SLSY), which were agreed upon as a part of the national Finnish Employment and Growth Pact on November 15th, 2013, has proven unsuccessful. Savings negotiations with the Finnish Aviation Union (IAU) and the Trade Union PRO concerning the technical personnel still continue. Finnair targets more than
AJW Aviation has extended its on-going ten year power-by-the-hour contract with Berlin-based airline Germania, to now cover an additional five aircraft, including four A321s and one A319. The addition of these takes the number of aircraft under contract with AJW to a total of twenty-three Airbus and Boeing commercial jets. Germania anticipates future fleet additions
AirAsia X, the long haul, low fare airline affiliate of the AirAsia Group and GE Aviation have signed a Memorandum of Understanding for the selection of CF6-80E1 engines to power AirAsia X’s 25 new firm Airbus A330-300 aircraft, with options for an additional three A330 aircraft. These engines will be covered by a multi-year OnPoint
airberlin closed the 2013 financial year with an operating loss (EBIT) of €-231.9m (€70.2m in financial year 2012). EBITDAR amounted to €432.7m in financial year 2013 (financial year 2012: €736.4m), EBITDA to €-146.7m (financial year 2012: €144.3m). The Turbine efficiency program achieved the desired contribution of €200m to the cost and turnover side and a
UTC Aerospace Systems’ Engineered Polymer Products (EPP) facility in Jacksonville, Fla. recently received Nadcap (national aerospace and defense contractors accreditation program) accreditation for manufacture of aerospace composites. The company’s EPP team specializes in designing, manufacturing, testing and servicing acoustic and structural composite products for both military and commercial applications. Nadcap is a worldwide cooperative program
