Sikorsky Aircraft Corp. announced that the S-76D helicopter has been awarded Type Certification by Mexico’s civil aviation authority, the Direccion General de Aeronautica Civil (DGAC). The S-76D helicopter is the newest product from Sikorsky Aircraft. The Federal Aviation Administration (FAA) awarded Type Certification of the S-76D model in October 2012, and the helicopter continues its
Virgin America achieved its first-ever fourth quarter operating profit with $5.1m of operating income, an improvement of $13.2m, compared with the fourth quarter of 2011. The airline recorded operating revenues of $350.4 million in the fourth quarter, a year-over-year increase of 27%. EBITDAR increased to $65.1m in the fourth quarter, a year-over-year improvement of 54%.
Flying Colours Corp., the Canadian headquartered completions, refurbishment and maintenance specialist has achieved the coveted AS9100 certificate for quality and safety management for the aerospace industry. The certificate was awarded in March 2013 and reflects the significant investment Flying Colours has made in developing the LEAN technology production and manufacturing systems at their facilities in
IFE Services has been selected by Philippine Airlines as its new in-flight entertainment (IFE) provider. The agreement covers the provision of IFE content for all mainscreen, personal TV and audio video on-demand (AVOD) systems installed across the airline’s fleet. The content package includes latest release and classic Hollywood movies, Filipino films, TV shows and audio.
SpiceJet, India’s most preferred low cost airline, owned by the Sun Group of India and operated by SpiceJet Limited, and Turkish Technic, have signed a contract for comprehensive component support for the airline’s Boeing 737 NG fleet for a term of five years extendable to ten years, a leverage to SpiceJet service excellence. The contract
At the LOT Aircraft Maintenance Services base, Hi Fly mechanics performed A-check on an Airbus A330, in accordance with the lease agreement signed with LOT Polish Airlines. The aircraft, registered under the name CS-TFZ, was loaned by LOT under wet-lease agreement with the Portuguese airlines Hi Fly, as a substitute for grounded Boeing 787 Dreamliner.
TP Aerospace Leasing has been awarded a contract to provide its full service and all inclusive Wheels & Brakes Cycle Flat Rate (CFR) Program to the Polish division of Small Planet Airlines. TP Aerospace Leasing will provide highly flexible, cost effective and tailor made Component Maintenance, Pool Access, Onsite Lease Inventory and Logistics Program in
In January 2013, AirJet Designs completed the design for an Airbus A319 owned by an undisclosed individual from Asia. The project is currently undergoing VIP completion at Sabena technics in Bordeaux, France, with delivery expected for mid-2013. The aircraft is an airliner that is converted in full VIP configuration for the personal use of the
Air Transport Services Group, a leading provider of aircraft leasing and air cargo transportation and related services, reported consolidated financial results for the quarter ended March 31, 2013. Revenues were $143.3m, a decrease of 1.5%. Total operating expenses were $126.9m, down 3.7%, including a $3.8m reduction in salaries, wages and benefits expense due in large
Air Lease Corporation reported another consecutive quarter of fleet, revenue, profitability and financing growth. Diluted EPS increased by 46% to $0.38 per share for the three months ended March 31, 2013 from $0.26 per share for the three months in 2012. Revenues increased 45% to $192m compared to $133m in 2012. Income before taxes increased
