Lufthansa Technik Group’s 4.2% increase in revenue to €4.2bn in 2013 was characterized by stable business development within the Lufthansa Group and an increase in business with external customers, whose share of the total revenue rose by 1.7% to reach 62.2%. The operating result improved considerably, climbing by 23.2% to €404m, with an operating margin
Boeing and Turkish Airlines are marking the delivery of the first commercial airplane – a Next-Generation 737-800 – outfitted with galleys manufactured by Turkish Cabin Interiors (TCI). Turkish Airlines will receive nine more 737s this year equipped with TCI galleys. TCI is the first Turkish aerospace manufacturing company to design, manufacture and certify products for
PremiAir Aviation International Ltd, U.K., has announced that it has entered into a transatlantic joint venture with Aviation Specialties Unlimited, Inc., (ASU) of Boise, Idaho, USA to bring innovative new night vision technologies to the U.K. and other European countries. Under the terms of the joint venture – which was signed at the recent Helicopter
Mesa Air Group will cease its Hawai’i operations effective April 1st, 2014. Since June 2006, go! has served its nearly five million passengers with safe, reliable and low fare service. The decision to cease operations in Hawaii follows significant growth in the Company’s flight operations on the mainland and was a strategic decision to focus
LATAM Airlines posted a net loss of $46.1m for the fourth quarter due to a drop in revenue and a foreign exchange loss stemming from the Brazilian real’s depreciation, the company said on Monday, March 17th. The company, formed in mid-2012 when Chile’s flagship LAN took over Brazil’s TAM, posted a net loss of $69.8m
Waypoint Leasing, a leading global helicopter leasing company, has chosen AerData to support its leasing and records management as it grows its customer base, takes delivery of new aircraft and expands its business. CMS (Corporate Management System) is the leading lease and asset management solution used by the majority of the world’s aircraft, helicopter and
Frontier Airlines has licensed the AirVault Records Management Solution as its new, web-based record management system for aircraft maintenance and business operations. This solution will provide an innovative, cloud-computing method to manage the airline’s aircraft maintenance records to increase efficiency for its growing fleet of Airbus A319s and A320s, while enhancing safety and compliance. Further,
Airbus has started final assembly of the first A320neo at its Final Assembly Line (FAL) in Toulouse (France), with the join-up of the forward and aft fuselage sections which recently arrived from St. Nazaire in France and Hamburg in Germany respectively. Once this phase is completed, the next stage is the wing to fuselage join-up.
SaudiGulf, a new Saudi Arabian airline wholly owned by Abdul Hadi Al Qahtani Group of Companies has signed a firm contract with Airbus for four A320ceo, to be delivered early 2015. The aircraft is equipped with Airbus “Sharklet” fuel saving wing tip devices. As one of the two airlines to obtain carrier licenses to operate
Ramco Systems, a global Aviation Software provider, announced the successful go-live of Ramco Aviation version 5.6, at Columbia Helicopters (CHI), the world leader in commercial heavy-lift helicopter operations. CHI is one of the first customers of Ramco Aviation who have been using the series 3 for more than a decade. With this upgrade, CHI is
