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EMRISE receives electronic devices order for In-Flight Entertainment and Connectivity products

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.

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Swiss International Air Lines signs order with Boeing for six 777-300ERs

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

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Finnair begins employee consultations in Technical Operations organisation

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

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AeroCentury reports fourth quarter and full year 2012 results

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

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Braathens Aviation successfully completes bond issue

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

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WheelTug backlog adds additional 135 Boeing 737NG aircraft

WheelTug announced the execution of another Slot Purchase Agreement with an undisclosed Boeing 737NG operator. With 135 new reservations the backlog of WheelTug Aircraft Drive Systems system grows to nearly four hundred fifty delivery slots already reserved by eight airlines with many others currently under discussions. The WheelTug electric drive system uses high-performance electric motors,

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