MAINtag, a leading provider of RFID solutions for aerospace including flyable tags, readers, software and services, has announced the expansion of its FLYtag range to incorporate both a high temperature and fibre solution. The launch of FLYtag HT and FLYtag fiber comes shortly after the Airbus announcement about its extension of RFID parts-marking, starting in
Malaysia Airlines (MAS) and Airbus together marked a major achievement, with the hand-over of the 100th A380 to MAS at Airbus’ Henri Ziegler Delivery Centre in Toulouse, France. The aircraft is the sixth A380 for MAS.Now in its sixth year of commercial service, the A380 is flying with nine world class airlines. To date, the
The Lufthansa’s Supervisory Board has approved the acquisition of 100 A320 Family aircraft (35 A320neo, 35 A321neo and 30 A320ceo with Sharklets) and two A380s worth approximately $11.2bn at list prices. The engine choices will be announced by the airline at a later date. This latest acquisition reconfirms the Lufthansa Group as Airbus’ largest airline
EMRISE CORPORATION, a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, has received a $1.2m order for electronic devices to be used in In-Flight Entertainment and Connectivity (IFE&C) systems to be installed in commercial aircraft. The order was received from a longstanding customer by the Company’s Pascall Electronics Ltd. subsidiary in England.
Boeing, the Lufthansa Group and Swiss International Air Lines (SWISS) announced a commitment for six 777-300ER (Extended Range) airplanes. The airplanes, valued at $1.9bn at list prices, were selected for the airline’s long-haul fleet renewal. Boeing looks forward to working with SWISS to finalize the details, at which time the order will be posted to
Finnair starts employee consultations in its Technical Operations organization on plans and alternatives to improve the efficiency of operations and adjust technical organization to changes made in 2012. In 2012, the size of Finnair’s operated fleet decreased and the company stopped offering maintenance services to external customers. The plans for Technical Operations include: – Possible
IFE Services and TUIfly Nordic are working closely together to bring the best possible IFE experience to the charter airline’s passengers. The IFE package will include a selection of Hollywood and Scandinavian movies and popular TV shows as well as radio channels and music albums from a wide variety of artists. The entertainment offering, which
AeroCentury an independent aircraft leasing company, reported its operating results for the fourth quarter and the year ended December 31, 2012. The Company reported net income of $1.8m for the fourth quarter of 2012, compared to net income of $1.2m for the fourth quarter of 2012. The Company reported net income of $5.2m for the
Braathens Aviation has successfully completed a SEK 300m senior unsecured bond issue in the Nordic bond market with maturity in March 2018. The bond carries an interest of 3-month STIBOR plus 5.75%. An application will be made for the bonds to be listed on the Oslo ABM. The proceeds from the bond issue will be
Willis Lease Finance Corporation reported that following a $15.5m pre-tax charge for extinguishment of debt and derivatives termination and a $2.8m charge related to the redemption of its preferred stock at par value, it lost $3.8m in 2012, compared to earnings of $11.4m in 2011. In the fourth quarter of 2012, net income was $2.2m
