Boeing Commercial Airplanes fourth-quarter revenue increased to $14.7bn and full-year revenue increased to a record $53bn on higher delivery volume. Fourth-quarter operating margin improved to 10.3% and full-year operating margin grew to 10.9% on the higher volume, favorable delivery mix and continued strong operating performance. During the quarter, the company launched the 777X with 259
Romanian aerospace company Aerostar S.A., released that in the past two years the number of ‘C’ and ‘D’ checks carried out by Aerostar for its Middle East, Turkey and North African customers has averaged 26/27 aircraft per year. Last year the market in the region represented some 53% of Aerostar’s commercial MRO business which saw
WheelTug plc reported the execution of an agreement for 50 WheelTug systems for 737 MAX aircraft. The customer is unnamed at this time. With the new reservations the order book of WheelTug aircraft drive systems grows to 781 delivery slots reserved by thirteen airlines from Europe, America, the Middle East and Asia. WheelTug is in
Boeing Shanghai Aviation Services, (Boeing Shanghai) reported the signing of 767 heavy maintenance agreements with Air Astana and Rossiya Airlines. The airlines, based in Kazakhstan and Russia, respectively, are new customers for Boeing Shanghai. Boeing Shanghai will conduct two 767 C-checks for Air Astana and three 767 C-checks for Rossiya Airlines at Boeing Shanghai’s facility
Airbus’ A350 XWB MSN3 development aircraft with a team of 48 Airbus specialists have arrived at Iqaluit, Canada for several days of cold weather trials. The various tests for the aircraft its engines and its systems include a ‘cold soak’ down to minus double-digit temperatures. The scope of the trials include: APU and engine starts
For the fourth quarter 2013, AAG reported a GAAP net loss of $2.0bn, which includes $2.4bn of net special charges. This compares to a net profit of $262m, which includes $350m of net special credits in the fourth quarter 2012. AAG’s GAAP financial results include the results for US Airways only for the period from
Air Transat has ordered Split Scimitar Winglets for its fleet of Boeing Next Generation 737-800 aircraft. APB’s newest program is the culmination of a five year design effort using the latest computational fluid dynamic technology to redefine the aerodynamics of the Blended Winglet into an all-new Split Scimitar Winglet. The unique feature of the Split
GE Capital Aviation Services (GECAS) delivered two new leased Boeing 737-800 aircraft to China Southern Airlines. These are the first of 10 new Boeing 737-800s scheduled for delivery in 2014 on lease from GECAS as part of the airline’s fleet renewal program. The 10 aircraft come from GECAS’ existing order book with Boeing.
Air Seychelles reported the appointment of Manoj Papa as its new Chief Executive Officer. He succeeds Cramer Ball, who has tendered his resignation. Mr Papa joins from South African Airways, where he held the position of Acting General Manager Commercial, overseeing the entire commercial portfolio for the airline. As part of this, he was also
Airbus welcomes the news that the Indian Ministry of Civil Aviation has approved the operations of the Airbus A380 in India. A booming economy, a growing middle class, migration, urbanisation and tourism are all factors pushing India to become one of the world’s fastest growing aviation markets. Larger aircraft like the A380 combined with higher
