Ryanair, the Republic of Ireland-based low-cost carrier has lowered its profit forecast for the financial year 2016-2017 by 5% as a result of the continued impact of the UK’s decision to leave Europe. While the Republic of Ireland will remain in Europe, 26% of its income is in UK pounds sterling, a currency which has […]
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CRMA, the AFI KLM E&M affiliate based at Elancourt, just outside Paris, specializes in engine part and assembly repairs, and is now launching Apollo, a vast project to expand its production capacity in response to its expanding activities and growing client demand. With a reputation for excellence in its field, CRMA aims to leverage this
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Engine Lease Finance, a wholly owned subsidiary of Mitsubishi UFJ Lease and Finance, reported the sale and lease back of its first LEAP engine with Frontier Airlines as lessee. This is the first spare engine delivered under the LEAP program which has already amassed an order book in excess of 10,800 engines.
AeroVision International named Jesse Peek as its Director of Technical Services. “Jesse brings a set of skills to the AeroVision team, which will enable us to provide to a new level of service and support for our customers” said Jeff Bardal, AeroVision’s Vice President – Aircraft Sales. Mr. Peek started his aviation career in the
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Magnetic MRO will cooperate with Kuehne + Nagel in offering global engine stand management solutions. The combination of Magnetic MRO brand EngineStands24.com and Kuehne + Nagel engine logistics solution KN EngineChain will result in a global digitalized one-stop solution for transportation and storage of aerospace engine stands. This co-operation will set a new industry standard
Magnetic MRO teams up with Kuehne+Nagel for global engine stand management solutions Read More »
Avolon, the international aircraft leasing company, announced the appointment of Denis Nayden to its Board as Vice Chairman and Chair of the Risk Committee. Mr Nayden is a veteran of the aircraft leasing industry and previously served as Avolon’s Chairman from its founding in 2010, through its successful listing on the New York Stock Exchange
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STG Aerospace, a market leader in aftermarket LED cabin lighting solutions, reported that South African regional feeder airline Airlink has awarded them a purchase order to retrofit 12 of their aircraft with their drop-in liTeMood LED lighting system. With the first installations completed in October 2016, Airlink becomes the 12th airline to install STG Aerospace’s
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GE Aviation completed the initial ground testing of the first full GE9X development engine, the largest commercial aircraft engine that will power Boeing’s 777X aircraft, with impressive results. “This engine is living up to our expectations, and we are extremely pleased with the results,” said Ted Ingling, general manager of the GE9X program at GE
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SR Technics has been awarded a ten-year exclusive PbH (power by the hour) contract from Spanish low cost airline Volotea, the airline of mid and small‐sized European cities. In addition to providing engine maintenance, repair and overhaul for the airline’s CFM56-5B fleet, SR Technics will offer in-service and on-wing support. All engine work will be
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Panasonic Avionics and AeroMobile have announced the global availability of the new 3G eXPhone system. The new technology builds on the success of Panasonic’s eXPhone service, which is already installed on over 450 aircraft across 19 airlines worldwide. Airlines such as Etihad, Cathay Pacific, Aer Lingus, EuroWings, SAS and Air Serbia have already started to
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