SR Technics, part of the Mubadala Aerospace MRO network, has signed a contract with Finnair for the provision of heavy maintenance visits (D-checks), including paint works, on two of the airline’s Airbus A320s. The work will be completed at SR Technics Center of Excellence for narrowbody aircraft maintenance in Malta, and the first aircraft has
Etihad Airways, the national airline of the United Arab Emirates (UAE) has unveiled plans to acquire 49% of JatAirways. The Abu Dhabi-based carrier has also been awarded a five year management contract for the Serbian national airline. These are two of the key components of a wide-ranging strategic partnership agreement, signed by Etihad Airways and
Bombardier Aerospace’s revenues amounted to $2.3bn for the three-month periods ended June 30, 2013 and 2012. EBIT before special items totalled $107m or 4.7% of revenues for the second quarter ended June 30, 2013, compared to $99m or 4.4%, last fiscal year. Free cash flow usage totalled $459m (including net addition to property, plant and
Airbus has achieved initial EASA certification of its innovative Runway Overrun Prevention System (ROPS) technology on A320ceo Family aircraft. This on-board cockpit technology, which Airbus has pioneered over several years and is now in service on the A380, increases pilots’ situational awareness during landing, reduces exposure to runway excursion risk, and if necessary, provides active
Beechcraft Corporation has secured an order for up to a total of 105 King Air 350i aircraft, valued at $788m, from Wheels Up, a membership-based private aviation program that eliminates fixed costs and provides unparalleled flexibility established by Kenny Dichter and the team that founded Marquis Jet, which redefined private air travel with the first
FLY’s net income for the second quarter of 2013 was $5.9m compared to $25.7m in the same period of 2012. The decline in net income is the result of a decline in operating lease revenue, gains from aircraft sales during the second quarter of 2012 and expenses associated with delivering aircraft to new lessees, partially
GE has completed the acquisition of the aviation business of Avio S.p.A., a leading, Italy-based provider of civil and military aviation components and systems. The purchase price was $4.3bn U.S. (€3.3bn). GE did not purchase Avio’s space unit. Avio’s aviation business has been renamed Avio Aero, a GE Aviation business. Avio Aero will retain headquarters
ANA has ordered three additional 777-300ER (extended range) airplanes. The order, valued at approximately $945m at current list prices, will increase the total number of 777s in ANA’s fleet to 57 airplanes once delivered.
Fifty years after delivering its very first engine to Beechcraft Corporation, P&WC has celebrated with Beechcraft another historic milestone during EAA AirVenture (EAA), in Oshkosh, Wisconsin, with the delivery of its 80,000th engine, a PT6A-60A set to power the King Air 350i. “As we are celebrating the 50th anniversary of this iconic engine that marked
Denim, a leading provider of flexible aircraft & crew capacity solutions for airlines, virtual airlines and non-governmental organizations worldwide, has signed a new contract for AviNet Mail and GLOBALink ACARS. AviNet Mail provides reliable and economical Type B, e-mail and SMS messaging for mission-critical business-to-business communications for the aviation industry. ARINC’s GLOBALink ACARS solution provides
