AerCap reported second quarter 2017 net income of US$282.9m, compared with US$233.3m for the same period in 2016. Diluted earnings per share of U$1.67, compared with US$1.22 for the same period in 2016. The increase in net income and diluted earnings per share was driven primarily by higher net gain on sale of assets, higher […]
AerCap posts second quarter net income of US$282.9m Read More »
GA Telesis has appointed Pastor Lopez as the President of its Component Repair Group SE (CRGSE) systems MRO and its Composite Repair Group (CRG) aerostructures MRO divisions. He will grow the division revenues over the next five years by making significant technology enhancements, additions to the business units’ repair capabilities, building new greenfield MRO businesses
Air Lease Corporation has signed long term lease agreements with TAP Portugal for four new Airbus A330-900neo and one new A320-200neo aircraft. The A330neo aircraft are outfitted with latest-generation Rolls-Royce Trent 7000 engines, and the A320neo is outfitted with the latest CFM LEAP1A engines. All five aircraft are from ALC’s order book with Airbus, and
ALC signs lease agreements with TAP Portugal for five Airbus aircraft Read More »
Honeywell has been selected by KLM to provide Connected Aircraft fuel-management services across its fleet of 115 commercial aircraft and four Martinair cargo aircraft to reduce carbon emissions and cut fuel costs by up to 5%. Using data analysis, reporting and monitoring tools, Honeywell’s GoDirect Fuel Efficiency software provides fuel-saving recommendations that airlines can deploy
Honeywell to provide KLM with Connected Aircraft fuel-management services Read More »
Air Canada has expanded its Boeing Maintenance Performance Toolbox agreement to support its entire fleet, including Boeing and non-Boeing airplanes. The Maintenance Performance Toolbox suite delivers real-time access to the maintenance documents engineers and mechanics need to quickly troubleshoot and resolve airplane maintenance issues. For Air Canada, the expanded agreement means the airline can rely
Boeing provides real-time maintenance support to Air Canada’s entire fleet Read More »
Liebherr-Aerospace’s Lindenberg-based center of excellence of flight control, actuation and landing gear systems has been officially recognized by the European Aviation Safety Agency (EASA) as a Design Organization Approval (DOA) certified company for landing gear systems (hydro-mechanical systems and structures) to approve minor changes to type-certificates and minor repairs. This certification demonstrates the compliance of
Liebherr-Aerospace Lindenberg receives DOA certification Read More »
ANA Holdings has delivered a strong profit performance during the first quarter, with operating revenues up 11.7% to JPY451.7bn, operating income up 80.0% to JPY25.4bn and ordinary income up 132.5% to JPY24.7bn compared to the same quarter last year thanks in particular to increased revenues in air transportation business. Operating revenues in the air transportation
ANA reports financial results for the three months ended June 30, 2017 Read More »
CFM International’s advanced LEAP engine is setting new industry standards for fuel efficiency and asset utilization as the company celebrates the one-year anniversary of its entry into commercial service. The first LEAP-powered commercial flight happened on August 2, 2016 on a Pegasus Airlines flight from Istanbul to Antalya. Since then, more than 75 LEAP-powered aircraft
LEAP engine setting new standard for commercial aviation Read More »
BOC Aviation Limited has placed an order for 10 new Boeing 737 MAX 10 aircraft, following the announcement on June 19, 2017 by Boeing of a memorandum of understanding signed at the Paris Air Show. Following this latest purchase agreement, BOC Aviation’s cumulative outstanding orders, purchases and deliveries to date for Boeing aircraft total 348
BOC Aviation orders 10 new Boeing 737 MAX 10 aircraft Read More »
Qatar Airways has announced its decision not to proceed with the acquisition of a 10% stake in American Airlines, “taking into account the latest public disclosure” of the airline. A spokeswoman for the public relations firm representing the American carrier in the U.S. said it would not elaborate on what was being referred to as
Qatar Airways reverses decision to buy 10% stake in American Airlines Read More »
