B/E Aerospace reported that fourth quarter 2013 commercial aircraft segment (CAS) revenues increased 19.6% while operating earnings of $84.0m increased 22.4% as compared with the prior year period. Operating margin of 17.6% expanded 40 basis points as compared to the same period of the prior year, due to operating leverage at the higher revenue level
JetBlue Airways has been informed that its bid for 12 slot pairs at Ronald Reagan Washington National Airport (DCA) has been provisionally accepted. These assets became available as a result of divestitures mandated by the U.S. Department of Justice (DOJ) in the American Airlines-US Airways merger. Once approved by DOJ, JetBlue expects to add 12
Swiss-AS announced Oman Air as one of the latest newcomers to the AMOS community. Following a thorough selection process, which included two tenders and a number of presentations, Oman Air finally found AMOS to be the optimum solution in replacing its legacy system. AMOS fully meets Oman Air’s need to benefit from state-of-the-art developments and
The deregulation of air traffic services (ATS) at Swedish airports has taken off well and since year-end the private Swedish company ACR Aviation Capacity Resources is operating the control towers at nine of the country’s 36 airports. ACR more than doubled their business when the company on January 1st, took over the towers at the
UK-based flight training provider CTC Aviation Group (CTC Aviation) is using the infrastructure of the Airline Training Center Arizona (ATCA), a 100% subsidiary of Lufthansa Flight Training GmbH, so it can also train future pilots in North America as of April 2014. A corresponding cooperation agreement was signed by both companies in November 2013. CTC
Manufacturing firm Yuken Europe has secured work supporting Bombardier Aerospace at one of its facilities in Northern Ireland. The Liverpool-based company designs and manufactures a broad range of high quality, durable hydraulic equipment including pumps and valves. Its hydraulic technology is used across many different sectors and applications, playing a crucial role in the manufacturing
WheelTug plc reported the execution of a Slot Option Purchase Agreement with Air Transat, for four slot options for 737NG aircraft. With the new reservations the order book of WheelTug aircraft drive systems grows to 785 delivery slots reserved by fourteen airlines from Europe, America, the Middle East and Asia.
Irish airline Aer Arann, operating regional air routes for Aer Lingus Regional, and the European regional aircraft manufacturer ATR have agreed to extend its existing Global Maintenance Agreement (GMA) covering the airline’s fleet of eight ATR 72-600s and two ATR 72-500 aircraft for five more years. The original contract was signed in 2007 with the
Unique Airmotive Services has brought on line a new digital state-of-the-art test bench capable of testing a wide range of APU accessories, including Fuel Controls, Combustors, Atomizers, etc. These additional capabilities will allow UAS to serve their already growing list of Domestic and International Airlines as well as Maintenance and Repair Organizations (MRO’s) for the
FLY Leasing, a leading global lessor of modern commercial jet aircraft, announced the completion of the following transactions during 2013: the company signed agreements to lease 36 aircraft, purchased 14 aircraft, including one A320, eleven B737-NGs, one B777-300ER and one B787-8 and sold ten aircraft (average age 13.6 years) for a net gain of $6.3m.
