Aircastle Limited reported fourth quarter 2011 net income of $35.6m, up 96% and adjusted net income of $31.2m, up 139%. Net income for the year ended December 31, 2011 increased to $124.3m, up 99% and adjusted net income was $100.1m, up 55%. The fourth quarter results included a pre-tax gain of $10.1m from the sale
BAE Systems’ Commercial Aircraft Solutions business has entered into a Long Term Agreement (LTA) with Abu Dhabi Aircraft Technologies (ADAT) and SR Technics – both part of the Mubadala Aerospace Maintenance, Repair and Overhaul (MRO) network – to provide repair, overhaul services and component support for its flight critical controls, cabin and cockpit systems portfolio.
GE Capital Aviation Services (GECAS) announced the delivery of three new Airbus A320 aircraft to Airphil Express in January and early February. All three aircraft are part of GECAS’ existing order book with Airbus. As of January 2012, Airphil Express operates a fleet of 19 aircraft to 30 destinations with further routes planned in 2012.
The United States Federal Aviation Administration has certified the digital pressurization system, developed and integrated by Liebherr-Aerospace, for the Hawker Beechcraft aircraft programs Hawker 750 and Hawker 900XP. The digital pressurization system allows the flight crew to take off, climb, cruise and descend while having the ideal cabin pressure automatically scheduled. This automated system relieves
Safran inaugurated the new Labinal production plant in Villemur-sur-Tarn, southwest France, reflecting its commitment to maintaining a strong industrial base in its home country. Labinal, a Safran group company, is a leading manufacturer of electrical wiring solutions for aircraft. Located about 30 kilometers from Toulouse, Labinal’s new aircraft wiring plant spans some 13,500 m² (145,800
EADS North America has delivered the second of four Airbus Military CN235-300 Maritime Patrol Aircraft (MPA) to be supplied to the Mexican Navy. The foreign military sales contract for the aircraft is managed by the U.S. Coast Guard, which uses the CN235-300 in the HC-144A Ocean Sentry configuration for missions ranging from search and rescue
Mxi Technologies, a leader in aviation maintenance management software, has signed an expanded long-term agreement with Boeing as a key partner in the ongoing support and delivery of the GoldCare program. The renewed agreement reflects a continued investment to deliver a comprehensive maintenance solution set built around Boeing’s OEM expertise and underpinned by Mxi Technologies’
Doric Asset Finance announced the placement of two A319 aircraft with the Tunisian airline Syphax Airlines for a period of approximately five years. The lease agreements were signed on 17th January 2012. Doric acted as a Remarketing Agent for two German Funds from the Hamburg-based investment house Woelbern Invest.
AWAS has delivered a Boeing 737-800 passenger aircraft to Skymark Airlines. This is the first of two scheduled 737-800s to be delivered to the expanding Japanese airline this quarter.
Emirates has appointed Direct Maintenance to provide dedicated line maintenance services for its upcoming A380 operation into Amsterdam Schiphol Airport (AMS) as from 01 August 2012. Services include regular line maintenance such as Transit Checks, In-Flight Entertainment system maintenance as well as cabin interior repairs.
