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airberlin postpones Airbus and Boeing aircraft deliveries

airberlin has reached an agreement with the aircraft manufacturers, Airbus and Boeing, with regard to an optimization of its order books. The agreements stipulate that deliveries of new aircraft originally scheduled for 2012 and 2013 will be partly postponed until 2015 and 2016, to adapt airberlin’s capacity growth to its ‘Shape & Size’ earnings-improvement program. The

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SR Technics and Panasonic sign agreement

SR Technics has signed a contract with Panasonic Avionics for the installation of Panasonic’s new in-flight entertainment and connectivity (IFEC) system, the Ku-band satellite-based global communications suite (GCS). The agreement covers the modification of the Gulf Air Airbus A330 and A320 family fleet comprising 30 aircraft as well as the modification of a Middle Eastern

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Embraer sells 11 more E-Jets to Azul

Embraer and Azul Linhas Aéreas Brasileiras signed a contract for the purchase of 11 EMBRAER 195 jets. The transaction increases the airline’s total orders for Embraer E-Jets to 52 aircraft. The value of this latest acquisition, at list price, is USD 497.2 million. Deliveries are scheduled to begin in 2013.

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Baltimore Police Department orders four EC120’s

American Eurocopter released that the Baltimore Police Department has ordered four EC120’s to replace its current fleet of four aircraft. The department is one of the leading law enforcement operators of the EC120. The new helicopters will be part of a fleet renewal program and are scheduled to start delivering in summer 2012.

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Gulfstream International Airlines to purchase six Saab 340Bplus aircraft

Gulfstream International Airlines has reached an agreement with Saab Aircraft Leasing to purchase six, 34-seat Saab 340Bplus aircraft. The Fort Lauderdale-based airline, which serves destinations in The Bahamas, will deploy all six Saab’s along its Florida/Bahamas routes, replacing smaller, 19-seat Beechcraft 1900D aircraft. Gulfstream will integrate the six Saab 340Bplus’ into its fleet over a nine-month period beginning

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Boeing reports third-quarter results and raises 2011 EPS guidance

Boeing reported third-quarter net income of $1.1 billion (up 31%) on revenue of $17.7 billion (up 4%).  Operating margin of 9.7% (up 1.5 pts) reflects continued strong core performance across the company’s businesses, partially offset by higher pension expense.  The company increased its 2011 earnings per share guidance to between $4.30 and $4.40 per share reflecting the strong core

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AWAS delivers second Boeing 737-800 to Solaseed Airline of Japan

Dublin based aircraft lessor AWAS has delivered a Boeing 737-800 passenger aircraft to Solaseed, the established Japanese airline formerly known as Skynet Asia. This is the second 737-800 delivery from AWAS to Solaseed. This aircraft will be the twelfth in their fleet, and their second 737NG as they transition to an all modern 737-800 fleet. This

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Embraer Defense and Security selects AEL Sistemas for KC-390 program

The Brazilian company AEL Sistemas, based in Porto Alegre, was selected by Embraer Defense and Security to supply three more components to the KC-390 military airlifter and tanker jet: the Self-Protection System (SPS); the Directed Infrared Countermeasures (DIRCM); and the Head-Up Display (HUD). Embraer is developing the KC-390 under a contract with the Brazilian Air

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Air Pacific selects versatile A330 for fleet renewal and growth

Fiji’s national carrier, Air Pacific, has selected Airbus aircraft to renew and to grow its fleet. After a thorough evaluation of several different aircraft, the carrier has signed a firm contract to buy three new A330-200 aircraft to replace its existing fleet of B747s and B767s with newer, more fuel-efficient aircraft. The A330-200 aircraft will be

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Air Methods awarded Eurocopter EC145 medical interior completion agreement

United Rotorcraft, a division of Air Methods (formerly known as the Products Division of Air Methods) has been awarded a contract by OSF Aviation, Peoria, Ill., a part of OSF HealthCare, to complete OSF’s four new Eurocopter EC145 aircraft. The agreement includes the design, manufacture, FAA approvals for the medical interior and avionics suite, plus exterior

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