Alaska Air Group has reported net income under Generally Accepted Accounting Principles (GAAP) of US$4 million for the first quarter of 2019. Net income for the first quarter of 2019, excluding special items such as merger-related costs and mark-to-market fuel hedge accounting adjustments, of US$21 million compared to US$18 million in the first quarter of […]
Alaska Air Group reports first quarter 2019 results Read More »
American Airlines has reported that strong passenger demand drove a 1.8% year-over-year increase in first-quarter 2019 total revenue, to a first-quarter record US$10.6 billion. Driven by a record first-quarter total passenger load factor of 82.2%, passenger revenue per available seat mile (PRASM) grew 0.6% to 14.49 cents. Cargo revenue decreased 4% to US$218 million due
American Airlines Group reports first-quarter 2019 profit Read More »
Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group (Macquarie), has announced that Fady Lahame has joined the firm to take up the role of Head of France, for its division covering Americas, Europe and Asia (AEA). Lahame brings over 20 years’ experience to Macquarie Capital, beginning his career at
Fady Lahame joins Macquarie Capital in leadership position in Paris Read More »
Dubai Aerospace Enterprise (DAE) Ltd. announced that it has delivered an ATR 72-600 to Bangladesh-based US Bangla Airlines. The aircraft was handed over to the airline during a celebration at the ATR facility in Toulouse, France. This factory new ATR is the final aircraft of an order of 20 ATR 72-600 aircraft which DAE placed
DAE delivers ATR 72-600 to US Bangla Airlines Read More »
Universal Avionics (UA), an Elbit Systems Company, is partnering with AerSale, to develop an FAA Supplemental Type Certificate (STC) for the ClearVision™ Enhanced Flight Vision System (EFVS) on the Airbus A320 aircraft. FAA certification for the retrofit upgrade is expected by the end of first quarter of 2020, with CAAC and EASA STC validation to
Universal Avionics partners with AerSale to certify Airbus A320 EFVS solution Read More »
Russian maintenance, repair and overhaul (MRO) services provider S7 Technics, has enjoyed an increase in workload at its bases last year as the demand for aircraft maintenance in Russia and the CIS grew substantially. The company’s technical specialists completed some 2.153 million standard hours in 2018, a 7.7% improvement year-over-year . The MRO performed 83
S7 Technics’ workload increased by 7% in 2018 Read More »
APOC Aviation has raised US$2.6 million in a highly successful crowdfunding campaign and Max Wooldrik, Founder and Managing Director of APOC, attributes that to the Company’s successful track record. “This is our seventh crowdfunding raise for investment capital” he explains. “The first time we experimented with the method it took us eleven days to generate
APOC Aviation’s crowdfunding campaign raises US$2.6 million Read More »
Jet Parts Engineering (JPE) has announced the addition of two new members to its Sales team: Andrew Bonefas, Regional Sales Director for Western North America, and Pascal Lethien, Regional Sales Director for Europe Key Accounts. Prior to joining Jet Parts Engineering, Andrew Bonefas had extensive PMA and DER repair experience while serving as Director of
Jet Parts Engineering welcomes new sales directors Read More »
Acro’s Series 3 ST+ seat has been selected as part of a fleet-wide cabin refresh on the ATR aircraft that the Finnish airline Norra operates for Finnair in regional traffic. The cabin refresh is a part of continuous efforts to enhance customer experience and comfort of Finnair customers. Acro has been working to deliver the
Acro delivers seats for ATRs operated by Finnish airline Norra Read More »
SR Technics, has reported the ground breaking of the new six-bay hangar including significant back-shop facilities for its center of excellence (CoE) for aircraft maintenance in Malta. The project, as announced in February this year, will enable SR Technics to continuously provide high-quality aircraft maintenance and cabin modification services, now for up to six narrow
SR Technics breaks ground on new center of excellence for aircraft maintenance in Malta Read More »
