Boeing forecasts demand for 2,100 new airplanes in India

Boeing has forecast a demand for 2,100 new airplanes in India, valued at US$290bn, over the next 20 years. The company released the new numbers as part of its annual Current Market Outlook (CMO) for India during a briefing in Delhi. “Commercial aerospace demand in India continues to grow at unprecedented rates,” said Dinesh Keskar,

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AAR signs component support agreement with Hawaiian Airlines

AAR has secured its first Airbus NEO fleet customer by signing a long-term component support agreement with Hawaii’s largest airline, Hawaiian Airlines. AAR will be providing comprehensive flight-hour component support for the airline’s brand-new fleet of 18 A321neo’s via AAR’s inventory hub in Chicago, as well as stock positioned in Hawaii and other strategic operating

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American Airlines Group reports second quarter net income of US$803m

American Airlines Group has reported its second-quarter 2017 results, including a second-quarter 2017 pre-tax profit of US$1.3bn, or US$1.5bn excluding net special items. Net profit was US$803m compared to US$950m the previous year. American Airlines Group reported a 7.2% increase in total revenue, to US$11.1bn and a 5.7% increase in total revenue per available seat

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IAG reports first half 2017 net profit of €567m

International Consolidated Airlines Group (IAG) reported Group consolidated results for the six months to June 30, 2017. IAG reported second quarter operating profit of €805m before exceptional items (2016: €555m) and profit after tax of €567m (2016: €554m). Passenger unit revenue for the quarter was up 1.5%, up 4.0% at constant currency. Non-fuel unit costs

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FL Technics signs CAMO support agreement with Fly One

FL Technics, a global provider of one-stop-shop aircraft maintenance, repair and overhaul services, has started cooperation with Moldavian carrier Fly One. The MRO will support the airline’s Airbus A320 fleet with variety of engineering services including CAMO. The engineering support of FL Technics will cover AD/SB analysis, maintenance planning, reliability monitoring, utilization control, engine condition

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Bombardier posts second quarter net loss of US$296m

Bombardier has reported its second quarter 2017 results. For the quarter, Bombardier reported revenues of US$4.1bn. EBIT before special items grew to US$164m, up 55% over the same period last year. EBIT margins before special items were 8.2% for Transportation, a robust 8.9% at Business Aircraft and 7.7% at Aerostructures. Bombardier reported a net loss

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Chicago Jet Group receives EASA approvals for STCs with Universal Avionics retrofit fans solution

Universal Avionics and Chicago Jet Group have announced EASA approvals for multiple retrofit Future Air Navigation System (FANS) Supplemental Type Certifications (STC). These significant approvals offer European-based operators access to STC solutions that haven’t been available to them until now. The retrofit installations include Universal Avionics FANS solution, featuring the company’s UniLink UL-800/801 Communications Management

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