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Spirit AeroSystems posts first-quarter net loss of US$167.5 million

Spirit’s first-quarter 2020 revenue was US$1.1 billion, down 45% from the same period in 2019, primarily due to the 737 MAX production suspension directed by Boeing that began on January 1, 2020. Deliveries decreased to 324 shipsets during the first quarter of 2020 compared to 453 shipsets in the same period of 2019, including Boeing

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Virgin Galactic enters Space Act Agreement with NASA

Virgin Galactic and its wholly owned subsidiary, The Spaceship Company (TSC), have signed a Space Act Agreement with NASA to facilitate the development of high speed technologies. The Space Act Agreement (SAA), is set to enable and foster collaboration between NASA, Virgin Galactic and The Spaceship Company in order to advance the United States’ efforts

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IATA calls for passenger face covering and crew masks

The International Air Transport Association (IATA) supports the wearing of face coverings for passengers and face masks for crew while on board aircraft as a critical part of a layered approach to biosecurity to be implemented temporarily when people return to traveling by air. IATA does not support mandating social distancing measures that would leave

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AerCap reports US$276.8 million net income for first-quarter 2020

AerCap has reported that net income for the first quarter of 2020 increased by 18% to US$276.8 million, from US$234.2 million for the same period in 2019. Basic lease rents were US$1,030.8 million for the first quarter, compared with US$1,075.3 million for the same period in 2019. Maintenance rents and other receipts were US$134.3 million,

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BOC Aviation appoints CCO Europe, Americas and Africa

BOC Aviation has appointed Paul Kent as Chief Commercial Officer (Europe, Americas and Africa), with effect from June 1, 2020. He will be based in London and will report directly to Robert Martin, Managing Director and Chief Executive Officer. Kent will be taking over from Steven Townend, who will step down from his current role

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Peach Aviation selects FLYdocs as digital aircraft records provider

Peach Aviation, the Japanese low-cost carrier (LCC) which is part of the ANA Group, has invested further into its digital transformation by selecting FLYdocs to automate and digitise its aircraft records. The five-year contract will see FLYdocs digitally manage Peach’s A320 aircraft, helping them adopt a fully paperless approach to their records management. The FLYdocs®

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Norwegian ANSP chooses Airways’ simulator solution

Airways International has been selected by Avinor Air Navigation Services (ANS) to deliver TotalControl simulator systems at six air traffic control units throughout Norway. Avinor ANS awarded the contract to Airways in mid-April following a rigorous contract tender and negotiations process involving ATC simulator providers across the globe. The Avinor ANS contract is to supply

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