Aircastle reported a third quarter 2013 net loss of $74.6m and an adjusted net loss of $69.1m. The third quarter results included operating and finance lease rental revenues of $165.3m, an increase of 1.4%, versus $163.1m in the third quarter of 2012. The third quarter 2013 results include $106.1m of non-cash impairment charges consisting mostly
Volga-Dnepr Technics has been awarded a contract to provide maintenance services in Moscow for Aeroflot-Russian Airlines’ Boeing 737NG (Next Generation) aircraft fleet. The agreement for maintenance at the city’s Sheremetyevo Airport also includes a provision for Volga-Dnepr Technics to supply qualified personnel for maintenance supervision and other field services in support of Aeroflot’s flight operations.
Island Transvoyager, a growing airline in the Philippines, has decided to outsource maintenance support and spare parts to Sabena technics for its fleet of ATR aircraft until 2018. Within the scope of the contract, Sabena technics will provide ITI with pool access as well as repair and overhaul of ATR 42-500 components to ensure the
Commsoft, a world leader in aviation engineering and maintenance systems, has signed a new three-year contract for 15 concurrent users with NextJet, one of Sweden’s largest domestic airlines. To support its fleet of 10 SAAB 340 aircraft, Next Jet plans to migrate to the latest AMP version of OASES sometime during 2014 and will be
Eurocopter will supply three AS365 N3 Dauphin helicopters to the Lithuanian Air Force for a renewed countrywide search and rescue service with around-the-clock availability, adding another customer to the list of global operators using this twin-engine rotorcraft for vital life-saving missions. The Lithuanian contract – signed October 25th at the Lithuanian Ministry of National Defense
In the third quarter of 2013, Embraer delivered 19 commercial and 25 executive (21 light and 4 large) jets. The Company’s firm order backlog grew to US$17.8bn, reaching its highest level since the third quarter of 2009, mainly as a result of significant orders in the Commercial aviation segment. As a result of aircraft deliveries,
Hong Kong Aircraft Engineering Company released that its joint venture company Taikoo (Shandong) Aircraft Engineering Company has completed a Boeing 737 converted freighter for SF Airlines, marking a significant milestone of the 100th freighter conversion performed by the HAECO Group. The aircraft is also the 40th Boeing 737 freighter conversion completed by the HAECO Group
Ameco Beijing and Business Air signed a three-year contract for Business Air’s whole Boeing 767 fleet overhaul. The layover will start in January 2014. The cooperation between Ameco and Business Air started in September 2012. Ameco has provided Business Air with Boeing 767 airframe overhaul and PW4000 engine leasing & overhaul services.
Messier-Bugatti-Dowty (Safran) has signed agreements with Cathay Pacific Airways and Dragonair for the provision of landing gear restoration and support services for the two airlines’ A330/A340 fleets. Messier-Bugatti-Dowty’s MRO division in Singapore first overhauled Cathay Pacific’s A330/A340 landing gears in 2002. The new agreement will extend the relationship to 2024.
Pratt & Whitney Canada announced investments totalling $275m over five years, including the creation of a World-Class Centre of Excellence for Intelligent Manufacturing in Longueuil. At the heart of these investments is the World-Class Centre of Excellence for Intelligent Manufacturing, an $80m initiative. The Centre of Excellence will come to fruition with the development and
