Boeing, Embraer and the Sao Paulo State Research Foundation (FAPESP) announced plans to collaborate on long-term aviation biofuels-related research and development, a move that represents another major step toward the creation of a sustainable aviation biofuels industry in Brazil. Azul, GOL, TAM and Trip airlines will be strategic advisors in the program. As a result […]
MTU Aero Engines Holding AG increased its revenues in the first nine months of 2011 by 4% to € 2,067.3 million (1-9/2010: €1,992.3 million). The company’s operating profit rose by 8% to € 244.3 million (1-9/2010: €226.1 million), while net income improved by 9% to €134.6 million (1-9/2010: €124.0 million). The EBIT margin thus rose
MTU Aero Engines posts net income of €134.6 million for first 9 month Read More »
Boeing reported third-quarter net income of $1.1 billion (up 31%) on revenue of $17.7 billion (up 4%). Operating margin of 9.7% (up 1.5 pts) reflects continued strong core performance across the company’s businesses, partially offset by higher pension expense. The company increased its 2011 earnings per share guidance to between $4.30 and $4.40 per share reflecting the strong core
Boeing reports third-quarter results and raises 2011 EPS guidance Read More »
Dublin based aircraft lessor AWAS has delivered a Boeing 737-800 passenger aircraft to Solaseed, the established Japanese airline formerly known as Skynet Asia. This is the second 737-800 delivery from AWAS to Solaseed. This aircraft will be the twelfth in their fleet, and their second 737NG as they transition to an all modern 737-800 fleet. This
AWAS delivers second Boeing 737-800 to Solaseed Airline of Japan Read More »
Monarch Aircraft Engineering (MAEL) has appointed Lee Burgess as Head of Sales & Capacity Planning. Lee will be responsible for the acquisition and development of new business within Monarch Aircraft Engineering ensuring maximum utilisation of the companys engineering facilities.
Monarch Aircraft Engineering appoints new Head of Sales & Capacity Planning Read More »
The Brazilian company AEL Sistemas, based in Porto Alegre, was selected by Embraer Defense and Security to supply three more components to the KC-390 military airlifter and tanker jet: the Self-Protection System (SPS); the Directed Infrared Countermeasures (DIRCM); and the Head-Up Display (HUD). Embraer is developing the KC-390 under a contract with the Brazilian Air
Embraer Defense and Security selects AEL Sistemas for KC-390 program Read More »
Fiji’s national carrier, Air Pacific, has selected Airbus aircraft to renew and to grow its fleet. After a thorough evaluation of several different aircraft, the carrier has signed a firm contract to buy three new A330-200 aircraft to replace its existing fleet of B747s and B767s with newer, more fuel-efficient aircraft. The A330-200 aircraft will be
Air Pacific selects versatile A330 for fleet renewal and growth Read More »
Joe Clark, Chairman of Aviation Partners Boeing (APB) and CEO of Aviation Partners, announced the appointment of Bill Ashworth as the new President of APB. Prior to joining the APB team he was President of Goodrich Aviation Technical Services and prior to that, he was Manager of the Federal Aviation Administration Seattle Aircraft Certification Office. Mr. Ashworth’s
Bill Ashworth to become new President for Aviation Partners Boeing Read More »
Cirrus Aircraft opened its first full motion flight simulator on October 25th, 2011 in Poznan, Poland. Cirrus’ first European SIM Center will offer state-of-the-art simulation training for the Cirrus SR20 and SR22 aircraft with Cirrus Perspective by Garmin avionics. The company’s flight simulator expansion now provides pilots throughout Europe a practical and safe method for logging
Cirrus Aircraft opens first full motion flight simulator in Europe Read More »
Delta Air Lines reported financial results for the September 2011 quarter. Delta’s net income for the September 2011 quarter was $765 million, excluding special items. Delta’s GAAP net income was $549 million for the September 2011 quarter. Delta reported that strong top line revenue growth of 10% year over year helped offset the $1 billion
Delta Air Lines announces September quarter profit Read More »
