Elbit Systems reports second quarter of 2018 results

Elbit Systems, the international high technology company, has reported its consolidated results for the quarter ended June 30, 2018. Revenues in the second quarter of 2018 were US$892.2 million, as compared to US$818.3 million in the second quarter of 2017. Non-GAAP gross profit amounted to US$254.8 million (28.6% of revenues) in the second quarter of […]

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FlyBosnia joins growing international OASES community

Newly established, Sarajevo-based FlyBosnia has selected Commsoft’s industry-leading MRO IT system, OASES, to support its planned operations. Established by the Saudi Arabian Al Shiddi Group, FlyBosnia is currently in the process of submitting its application for an AOC and intends to acquire, initially, an A320 Family aircraft for operations from Bosnia to various destinations, including

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Fraport secures permission to build Terminal 3 Pier G at Frankfurt Airport

Originally intended for construction subsequent to completion of the first construction phase of FRA’s new Terminal 3, Fraport AG, the owner and operator of Frankfurt Airport (FRA), has received the required permit from the building inspectorate of the city of Frankfurt for the construction of Pier G. The move has been brought about by increased

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SR Technics signs engine MRO agreement with Eurowings

MRO service provider SR Technics has signed a major engine maintenance, repair and overhaul agreement with Eurowings, the Lufthansa Group’s low-cost airline. The two-year agreement was signed at the end of June 2018 and covers part of the airline’s CFM56-5B fleet. Cooperation with Eurowings began in January of this year and in order to meet

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Delta Air Lines and Kenya Airways expand connectivity between U.S. and Africa

Delta Air Lines has entered into a codeshare partnership with Kenya Airways on flights to and from Kenya Airways’ hub at Nairobi’s Jomo Kenyatta International Airport. Effective Aug. 11, Delta’s code will be placed on Kenya Airways’ flights from Amsterdam, Paris, London, and Accra to Nairobi, enhancing connectivity and providing customers with a one-stop seamless

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IAI publishes financial statements for second quarter of 2018

Israel Aerospace Industries, Israel’s national defense and Aerospace company, has issued its consolidated financial statements for the quarter ended June 30, 2018. In the second quarter of 2018, the Company reported sales totaling US$895 million, representing an increase of 4.2% in sales compared to the corresponding quarter of last year, as well as net income

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LHT signs comprehensive A350 APU support for two Asian airlines

Two major Asian airlines entrusted Lufthansa Technik with the technical support for the HGT1700 auxiliary power units (APU) of their A350-900 fleets. South Korean carrier Asiana Airlines signed a ten year long-term contract for the HGT1700 APUs of its planned fleet of 30 A350-900 aircraft. The services will be provided in the frame of an

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