Zodiac Aerospace posted a 44.6% drop in core annual earnings on November 24th, in the wake of production delays at its troubled aircraft seats division. Hit by a series of recent profit warnings, Zodiac Aerospace said its 2014/15 ordinary profit fell to €314m (US$333.66m) as its core profit margin more than halved to 6.4%, while […]
Zodiac Aerospace core profit down 45% on aircraft seat delays Read More »
Kaman Aerospace Group reported that its Air Vehicles and MRO division has executed an agreement for delivery in 2017 of two manned K-MAX heavy-lift utility helicopters with Lectern Aviation Supplies (Lectern) of China. The orders are the first to be received from a Chinese customer, and represent the introduction of the K-MAX into China’s large
Kaman receives order for two K-MAX Helicopters from Lectern Aviation of China Read More »
Boeing and EVA Airways finalized an order for up to 24 787-10 Dreamliners and two 777-300ER (Extended Range) jetliners. The order, valued at more than US$8bn at current list prices, marks the largest single commercial airplane purchase in Taiwan aviation. EVA Airways becomes the newest Dreamliner customer and will join the 787-10 launch customer team
Boeing and EVA Air sign deal for up to 24 787-10 Dreamliners and two 777-300ERs Read More »
Rolls-Royce has announced changes to three Approved Maintenance Centre joint ventures, simplifying the structure of two, and introducing a more competitive business model that will improve customer service. Approved Maintenance Centres (AMCs) support Rolls-Royce’s strategy to develop a competitive, capable and flexible Trent Service Network to meet the changing needs of customers across the lifecycle
BOC Aviation has placed an order for 22 Boeing 737 family aircraft scheduled for delivery from 2018 to 2021 as the Company continues to build on its existing order book to fulfill customer demand. This latest order comprises 11 Boeing Next Generation 737-800 aircraft and 11 Boeing 737 MAX 8 aircraft. The Next Generation 737-800
BOC Aviation places order for 22 Boeing 737 family aircraft Read More »
Doric has concluded junior financing for two Boeing 737-800 aircraft. Both aircraft are on finance lease to Norwegian which has been operating them since August and September 2015 respectively. The lease term is 12 years. As Europe’s third largest low-cost carrier Norwegian is keen to expand, not only within Europe, but also in the longhaul
Doric arranges financing for two Boeing 737s Read More »
MTU Maintenance continues to be the exclusive MRO provider for Royal Jordanian’s V2500 engines on its fleet of A320 family of aircraft. As such, the company has signed a Total Engine Care (TEC) agreement with Jordan’s flag carrier which includes traditional MRO services, options for lease engines as well as MTU’s early detection system MTUPlus
Royal Jordanian continues to trust MTU Maintenance with its V2500 engines Read More »
Lufthansa Technik AG will provide wheels and brakes support for Thomas Cook Group Airlines. The agreement covers the Airbus and Boeing fleets – 15 Boeing 757, 16 Boeing 767, 9 Airbus A330 and 53 A320-family aircraft – of the four airlines of Thomas Cook, one of the world’s leading travel groups. It complements the existing
Wheels and brakes support for Thomas Cook Group Airlines Read More »
The Airbus A380 is a bit of a paradox as it is loved by passengers for its space and comfort, but despite being able to carry appreciably more passengers, it is disliked by airlines who, up until the recent drop in the price of aviation fuel, have leant more towards the smaller twin-engine jets which
Emirates interest may not be enough to justify Airbus A380 upgrade in 2022 Read More »
Rolls-Royce celebrated the official opening of its £30m extention to its Derby Assembly & Test facility on November 23rd. The 2867 m² extension will increase capacity to assemble Trent civil aero engines and become the production hub for the Trent XWB. Rolls-Royce has installed new equipment and is making use of advanced manufacturing processes helping
Rolls-Royce opens £30m extension to engine production facility in Derby, UK Read More »
