Iran officials have signed two agreements with Airbus covering new aircraft orders and a comprehensive civil aviation co-operation package. Iran Air has signed an agreement with Airbus for the acquisition of the full range of new Airbus airliners (73 widebodies and 45 single aisle). This includes pilot and maintenance training and support services to help […]
Lightweight metals leader Alcoa (AA) today announced a long-term supply agreement with Boeing for multi-material aerospace parts. Under this agreement, Alcoa will supply components for the 777X—Boeing’s newest commercial airplane—the 737 MAX—scheduled for first delivery in 2017—and the 787 Dreamliner. The deal draws on capabilities gained through the Firth Rixson acquisition and the Company’s new
Alcoa wins fourth Boeing contract Read More »
JetBlue Airways reported its results for the fourth quarter and full year 2015, with operating income of US$330m in the fourth quarter. This compares to operating income of US$169m in the fourth quarter of 2014. For the full year 2015, JetBlue reported operating income of US$1.2bn. This compares to operating income of US$515m in 2014.
JetBlue posts full year 2015 net income of US$677m Read More »
Spairliners GmbH, a global leader in aircraft component care has achieved ISO 9001 certification for providing aircraft component provisioning, services and pooling solutions. The company is already known for providing services and aircraft components which are certified to the highest safety and standards. For Spairliners, this certification is an important step that assures their customers
Spairliners achieves ISO 9001:2008 Quality Management System Certification Read More »
Apollo Aviation Group, a multi-strategy aviation investment manager, reported that as of December 31st, 2015, it had purchased (including contracted to purchase) 31 aircraft and two engines in the preceding twelve months. All the flight equipment purchased are in-production models and include aircraft from the Airbus A320ceo family and Boeing 737-800s. Two-thirds of the flight
Apollo Aviation closes 2015 with approximately 25% growth in Assets under Management Read More »
Monarch Aircraft Engineering (MAEL) has signed a line maintenance technical handling agreement with Norwegian. The agreement, which commenced on January 11th, 2016 will see MAEL’s highly experienced engineering team provide a full suite of line maintenance services for the low-cost airline’s Boeing 737NG operation. The ongoing contract will support up to nine aircraft at London
Monarch Aircraft Engineering signs new line maintenance contract with Norwegian Read More »
Air Partner, the global aviation services group, is today releasing a Trading Statement ahead of entering a close period on 31 January 2016. Trading momentum in the second half of its financial year ended 31 January 2016 remained good, with a stronger than expected end to the period. As such, the company expects underlying pre-tax
Air Partner releases pre-close trading statement Read More »
HAECO Cabin Solutions announced that Cathay Pacific Airways will become the launch customer for its new Vector Y+TM economy class passenger seat on Cathay’s A350-1000 aircraft. The new seat, designed for long-haul operations, is the latest model from the Vector seat platform featuring carbon fiber construction, recline with seat pan articulation and industry-leading living space.
HAECO Group launches VectorY+ passenger seat with Cathay Pacific Airways Read More »
Shares fell by up to 10% and reached a 52-week low after Boeing announced the Company’s forecast for 2016, figures not helped by the results of the financial performance for Q4 2015. Last week’s announcement that Boeing will be taking a charge for slowing production of the 747-8 certainly contributed to the weaker-than-anticipated profit for
Share value tumbles as Boeing forecasts 2016 earnings below estimates Read More »
Willis Lease Finance released that Brad Forsyth will be resigning as Chief Financial Officer, effective February 18th, 2016. A search for a permanent replacement has been initiated. Following Mr. Forsyth’s departure and during the Company’s search for a permanent replacement, functions previously performed by Mr. Forsyth will be managed with existing personnel. The Company also
Brad Forsyth to resign as Willis Lease CFO Read More »
