B/E Aerospace’s first quarter 2014 revenues of $1.01bn increased 20.1% as compared with the prior year period. First quarter 2014 operating earnings, excluding $2.2m of costs related to first quarter acquisitions, were $185.2m, an increase of 20.6%. Operating margin, adjusted to exclude acquisition costs, was 18.3% and increased 10 basis points as compared to the
Airworthiness Management and Aviation Technical Expert PRIMUS Aircraft Management Solutions, extends its scope of services by adding flight operational expertise to the list. “Since our step into the African aviation market, about two years ago and as a member of the AfBAA we have seen that operational management expertise is one of the highest demands
Embraer Commercial Aviation forecasts that airlines in Africa and the Middle East will take delivery of 530 new jets in the 70 to 130-seat segment over the next 20 years (valued at US$ 25bn at list prices), representing 8% of the worldwide demand for the segment in the period. It is estimated that 65% of
Fuel component maintenance in Adelaide has launched and TAE is now providing world class turbine engine component maintenance to customers across Australasia, Asia Pacific and the rest of the world. The relocation of Masling Industries’ operations from Cootamundra, New South Wales to TAE’s Adelaide Airport facility has enabled TAE to fully integrate it’s small component
In preparation of future plans the holding company Small Planet Group has been established to take ownership of the Small Planet Airlines of Lithuania and Poland, along with other aviation related investments. There is no change in shareholding. The shareholders of Small Planet Group are Vytautas Kaikaris and Andrius Staniulis who acquired the Company in
AerData, a provider of software and services for the aviation industry announced that DAE Capital (DAE) the aircraft leasing and finance arm of DAE, has chosen AerData’s STREAM software. STREAM (Secure Technical Records for Electronic Asset Management) is the industry’s foremost web-based solution used by some of the world’s largest airlines, lessors and MROs to
The redesigned vertical bevel gear shaft for Airbus Helicopters’ EC225 has been certified, enabling its production and installation on all rotorcraft of this type in operation globally, as well as those being produced. Certification was granted by the European Aviation Safety Agency (EASA) and is to be followed by validation from other international airworthiness authorities.
Boeing confirmed that Shandong Airlines’ commitment to order 50 Boeing 737s, including 16 Next-Generation 737s and 34 737 MAXs. The airline plans to expand its capacity to meet growing demand in China and Northeast Asia, one of the most dynamic markets for commercial airplanes.
Gevo, the only commercial producer of renewable isobutanol, has come to an agreement with Lufthansa to evaluate Gevo’s renewable jet fuel with the goal of approving Gevo’s alcohol-to-jet fuel (ATJ) for commercial aviation use. Lufthansa’s testing is being supported through work with the European Commission. “By using isobutanol as a renewable raw material for producing
In cooperation with the U.S. Army, Sikorsky Aircraft Corp. has successfully demonstrated optionally piloted flight of a Black Hawk helicopter, a significant step toward providing autonomous cargo delivery functionality to the U.S. Army. The Optionally Piloted Black Hawk (OPBH) Demonstrator, known as Sikorsky’s Manned/Unmanned Resupply Aerial Lifter (MURAL) Program, conducted the successful first flight demonstration
