The Company reported operating revenues of $767.9m for the quarter ended September 2011, an increase of 7.9% compared to the same period last year. The increase in revenues is primarily due to a 10.0% increase in Frontier Airlines’ unit revenues. On a GAAP basis, the Company reported net income of $9.0m for the quarter ended September 2011, […]
Republic Airways Holdings post 3rd quarter results Read More »
For the month of October 2011, Copa Holdings’ system-wide passenger traffic increased 14.7%, while capacity increased 20.8%. System load factor for October 2011 was 74.0%, a 3.9 pt decline when compared to October 2010.
Copa Holdings releases monthly traffic statistics for October 2011 Read More »
The Spanish Ministry of Environment, Rural Affairs and Fisheries has extended its existing contract with Airbus Military for the maintenance of three C212 aircraft for two more years. These C212 aircraft are used by the Fisheries Inspections Department for the surveillance of Spanish territorial waters. The original contract was signed in 2000 and has already
Spain extends Airbus Military maintenance contract for C212 fleet Read More »
Republic Airways Holdings has confirmed its order with Airbus to purchase 60 A320neo (New Engine Option) and 20 A319neo aircraft. Republic had signed a letter of intent for the purchase in mid-June. The aircraft, which will be powered by CFM’s LEAP-X engines, will be flown by Republic’s Frontier Airlines subsidiary. Frontier currently operates 59 Airbus A318,
Republic Airways confirms order for 80 Airbus A320neo Family aircraft Read More »
Finnair traffic rose by approximately 9.1% October 2011, as the overall capacity grew by 14.8% compared with October 2010. The load factor was down 4.1 pts to 63.4% compared to the same period in 2010. Asian capacity grew by 26.9% and traffic increased by 14.1%.
Finnair's load factor down to 63% in October Read More »
Bombardier Customer Services’ maintenance, repair and overhaul (MRO) facilities in Belfast and Dallas have been accredited with the internationally recognised quality standard AS9110 Revision A. Achieving the standard, which defines the quality system requirements at all levels of the MRO process, is an endorsement of Bombardier’s adherence to best practice in the aerospace maintenance industry.
Bombardier Customer Services’ Belfast and Dallas MRO facilities deliver on quality Read More »
CTS Engines, a leading, independent jet engine Maintenance, Repair, and Overhaul (“MRO”) facility, announced the implementation of a $25m capital expansion program. The investment, which will be provided by parent company Neff Capital Management LLC, is expected to greatly increase both the size and scope of the company’s on-site MRO capabilities over the coming year.
CTS Engines announces $25m capital expansion program Read More »
Lao Airlines, the national carrier of the Lao People’s Democratic Republic, launched a new era in its history by taking delivery of the first of two new CFM56-5B-powered Airbus A320 aircraft. The airline plans to use the new aircraft primarily on international services to Singapore, Bangkok, Hanoi, and Hong Kong.
Lao Airlines takes delivery of first CFM56-5B-powered Airbus A320 aircraft Read More »
Comlux Aviation Services,based in Indianapolis, the exclusive jet maintenance center of Comlux, The Aviation Group reported the appointment of Tony Bailey to the Chief Executive Officer position by the Comlux Aviation Services Board of Directors.
Comlux Aviation Services appoints Tony Bailey as CEO Read More »
Air Transport Services Group reported sharply improved third quarter financial results after excluding non-cash impairment charges. Pre-tax losses from continuing operations were $6.7m while net losses from continuing operations totaled $4.8m. Third-quarter 2011 earnings included $27.1m in impairment charges related to reductions in business with DB Schenker that began in September, and $1.9m in unrealized losses
ATSG'S adjusted pre-tax earnings up 34% Read More »
