Horizon Air took delivery of the airline’s 51st Q400 turboprop airliner. The aircraft, which is a NextGen model, is the last of three ordered by Horizon Air in June last year, solidifying the airline’s position as the world’s largest operator of Q400 aircraft. Established in 1981, Horizon Air was acquired in 1986 by Alaska Air
Asiana Airlines has selected Airbus’ Flight Hour Services (FHS) to provide components support for its A380 fleet. The FHS agreement, which will run for 10 years, provides an extensive scope of A380 line replaceable units (LRUs), guaranteed spare parts availability through pool access service and on-site stock at customer main base and selected outstations, as
Southwest Airlines posted fourth quarter net income, excluding special items, of $236m compared to fourth quarter 2012 net income, excluding special items, of $65m. This exceeded the First Call consensus estimate of $.29 per diluted share. Fourth quarter net income was $212m which included $24m (net) of unfavorable special items, compared to net income of
United Airlines (UAL) reported full-year 2013 net income of $1.084bn, an increase of 84% year-over-year, excluding $513m of special charges. Including special charges, UAL reported full-year 2013 net income of $571m. UAL generated $38.3bn of revenue in 2013, an increase of 3.0% year-over-year. The company reported fourth quarter 2013 net income of $298m excluding $158m
GA Telesis Component Repair Group Southeast (“GATCRGSE”) has developed a pneumatic aircraft engine starter test facility utilizing state-of-the-art technologies. By introducing a modern dynamometer, digital data acquisition and automation, the new test facility allows for simulation on multiple engine platforms with various load specifications. “Deviating from older practices and applying new innovative inertial simulation technologies
PEMCO World Air Services (PEMCO) announced the redelivery of its first 737-400F Air Incheon aircraft. Redelivered in late 2013, the conversion was completed at PEMCO’s partner and major MRO provider STAECO, based in China. Located at the largest cargo airport in Seoul, Korea, Air Incheon specializes in air cargo transport of heavy equipment for oil
ATR ended 2013 breaking new annual records. The manufacturer increased its turnover to US$1.63bn, an increase of 13% compared to the previous year (2012: $1.44bn). Meanwhile, ATR continued to increase the pace of its deliveries, allowing it to achieve a new record with 74 aircraft delivered to customers during the year; an increase of 16%
Universal released that the first two Dassault Falcon 900B aircraft with a flight deck upgrade through a partnership program with Authorized Dealer, Duncan Aviation, have been completed and delivered. The back-to-back aircraft deliveries demonstrate the successful integration and installation capabilities of Universal Avionics and Duncan Aviation’s partnership. With the program gaining significant momentum, it is
On behalf of Sverigeflyg Leasing AB of Sweden, Skyworld Aviation has arranged the sale of three Saab 340B aircraft to NextJet, also of Sweden. Serial numbers 176 (SE-KXI), 215 (SE-LJS) and 221 (SE-LJT) have been on lease to NextJet since 2010 and the sale contract was concluded at the end of last year. Skyworld Aviation
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group (AIG), completed a total of 281 lease transactions in 2013 including both extensions and new leases of aircraft from ILFC’s portfolio. Furthermore, during 2013, the company ordered 165 new aircraft, purchased 38 aircraft (including the aircraft delivered on sale-leaseback agreements), sold 40
