Regional Express Holdings (Rex) released its full year results with Group Profit Before Tax (PBT) declining some 8% to $24.1 million and a steeper decline in Profit After Tax of 28.5% due to the discontinuation of tax incentives set in place the prior FY. The Rex Board has approved a final dividend of 7.1 cents per share in […]
REX reports full year 2011 results Read More »
GE Capital Aviation Services Limited (GECAS) announced delivery of two new Boeing 737-800 aircraft leased to Japanese low-cost carrier Skymark Airlines. The aircraft come from GECAS’ existing order book with Boeing. With bases at Tokyo International Airport and Kobe Airport, Skymark now operates a fleet of 20 Boeing 737-800s to 12 destinations in Japan.
GECAS delivers two new Boeing 737-800s to Skymark Airlines Read More »
TransDigm Group Incorporated reported that its Board of Directors has authorized the repurchase of up to $100 million of the Company’s common stock. The new program replaces the repurchase program announced on October 23, 2008, under which the Company previously repurchased $15 million of common stock. W. Nicholas Howley, Chairman and CEO of TransDigm Group
TransDigm Group authorizes new share repurchase program Read More »
Boeing delivered to United the Next-Generation 737-800 that was used as the flying test bed for the performance improvement package. The airplane played a key role in testing and certifying the performance improvement package now available on Next-Generation 737s. Boeing began performance improvement testing in November 2010 with the goal of reducing fuel consumption by
Boeing delivers test bed performance improvement 737 Read More »
FlairJet it is to open two new bases at East Midlands and Dublin Airports where it will position two Embraer Phenom 100 aircraft. The new East Midlands location will enable FlairJet to operate its Phenom 24/7, opening up great potential for freight and aero medical charters. Newly acquired Phenom 100 G-NUDD will be positioned there
FlairJet to open bases in Dublin, East Midlands Read More »
Air Transport Services Group released that Cargo Aircraft Management, (CAM), its aircraft leasing subsidiary, has delivered a second Boeing 767 wide body freighter to RIO Linhas Aéreas, S.A., of Brazil. RIO will dry-lease the Boeing 767-281 special freighter from CAM for 59 months and have access to engine maintenance services through CAM’s contract with Delta
ATSG unit delivers second dry-leased 767 Freighter to RIO Read More »
Monarch Aircraft Engineering (MAEL), has signed an agreement to provide Percival Aviation with EASA Part 21J Design support. Percival Aviation, a Part 21G, Part 21J and Part 145 approved organisation, are leaders in the design and manufacture of aircraft interior products to the commercial and military markets. The agreement will see Monarch Design Services’ highly experienced team
Monarch Aircraft Engineering signs agreement with Percival Aviation Read More »
PPG Industries’ aerospace business has named Mark Cancilla global platform director for coatings and Brent Wright global platform director for transparencies, succeeding Cancilla. PPG Aerospace is the aerospace products and services business of PPG Industries. PPG Aerospace – PRC-DeSoto is a leading global producer and distributor of aerospace coatings, sealants, and packaging and application systems. PPG Aerospace –
PPG Aerospace names Cancilla coatings director, Wright transparencies director Read More »
Air Lease Corporation (ALC) announced continuing lease placements and acquisitions of 12 additional Boeing Next-Generation 737 aircraft. ALC and XL Airways Germany signed a long term lease for ALC’s Boeing 737-800 (MSN 32920), currently on lease to Air Berlin, for delivery in March 2012. In addition, ALC has acquired the following 11 aircraft: Two Boeing 737-800s (MSNs
ALC reports further acquisitions and lease placements for Boeing 737 Aircraft Read More »
ViaSat has been selected by Bombardier Aerospace to provide airborne communications terminal equipment as part of a new high-speed Internet option on Global 5000 and Global 6000 aircraft. The Bombardier option combines the ViaSat VMT-1500 shipset along with the EMS Aviation CNX-200 router to provide an office-in-the-sky connection for business aviation passengers.
ViaSat high-speed Internet system now offered by Bombardier Aerospace as factory option Read More »
