MRO service provider SR Technics, has reported strong operational performance in H1 2017. Besides significantly expanding its engine capacity with over 90 shop visits during the first six months of the year, the company helped its clients with state-of-the-art cabin upgrades in record time, along with over 60’000 line maintenance events and over 32’000 delivered […]
SR Technics secures several new contracts Read More »
Grupo Viva Aerobus, holder of Viva Aerobus, Mexico’s ultra low-cost airline, reported a 42% increase in its total operating revenues of the second quarter of 2017 compared to the same period in 2016, reaching 1,872 million pesos. Viva Aerobus also reported a 29% increase in its net income compared to 2Q2016, with a total of
Grupo Viva Aerobus increases total operating revenues by 42% in second quarter of 2017 Read More »
AJW Group has promoted Gavin Simmonds to Chief Operations Officer following five years of success as General Manager of AJW Technique – the maintenance hub for the Group’s component repair and overhaul service. Simmonds, whose promotion takes effect immediately, will report to AJW Group’s President and CEO, Christopher Whiteside.
AJW elevates Gavin Simmonds to COO Read More »
AeroCentury, an independent aircraft leasing company, has reported that the participants in its credit facility, for which MUFG Union Bank is the lead participant and agent bank, have added a fifth participant to the lender syndicate and expanded the total revolving credit facility amount to US$170m from US$150m. The Company also announced that it had
AeroCentury expands credit facility to US$170m Read More »
Airbus SE has reported half-year (H1) 2017 financial results and maintained its guidance for the full year. Order intake totalled €37.2bn (H1 2016: €39.1bn) with the order book valued at €981bn as of 30 June 2017 (year-end 2016: €1,060bn). A total of 203 net commercial aircraft orders were received (H1 2016: 183 aircraft), with the
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Leonardo released that the Norwegian Police Directorate has choosen the AW169 as their new law enforcement helicopter following a tender for their helicopter service modernization program. The contract, expected to be signed in August 2017, will include three aircraft, with an option for a further three units, and a 10 year maintenance package. The new
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Subsequent to Scoot and Tigerair starting to integrate their reservation systems, flight schedules and connections, conditions of carriage, check-in counters and call centers in May 2016, on the 25th of this month the integrations were completed and the two carriers have now merged under the single brand name, Scoot. The Scoot designator code of TZ
Scoot and Tigerair complete merger – will fly as Scoot Read More »
Alaska Air Group reported net income for the second quarter under Generally Accepted Accounting Principles (GAAP) of US$296m, compared to net income of US$260m in 2016. As the acquisition of Virgin America closed on Dec. 14, 2016, second quarter 2017 information reflects the results of Virgin America, including the impacts associated with purchase accounting. Second
Alaska Air Group reports second quarter 2017 net income of US$296m Read More »
Boeing has reported strong earnings and operating cash flow in the second quarter of 2017, driven by improved operating performance. Second-quarter GAAP earnings per share increased to US$2.89 and core earnings per share (non-GAAP) increased to US$2.55. Revenue was US$22.7bn, reflecting planned production rates and timing of commercial and defense aircraft deliveries. Operating cash flow
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When China Airlines received its seventh A350 XWB on June 26, the carrier took possession of the 100th jetliner delivered from this newest family in Airbus’ widebody product line. The milestone aircraft is an A350-900 version, joining China Airlines’ growing A350 XWB fleet – adding to the line-up of widebody A330s and A340s flown by
Airbus delivers its 100th A350 XWB Read More »
