Iberia closed 2007 with net earnings of 327.6 million euros, making it one of the best years in company history. Pre-tax profits came to 446.4 million euros, 170.3% above those of 2006. This performance gave the Spanish airline its twelfth consecutive profitable year. Iberia posted 2007 operating earnings of 283.5 million euros, up by 161.6 […]
Iberia posts 2007 net earning of 327.6 million euros Read More »
Fourth quarter 2007 net income was $45.1 million, compared with a net loss of $8.0 million for the same period in 2006. Fourth quarter 2007 net income excluding non-cash charges relating to the mark-to-market of interest rate caps and share-based compen-sation was $57.0 million, an increase of 11% vs. fourth quarter 2006 of $51.2 million
AerCap Holdings reports fourth quarter and full year 2007 financial results Read More »
Scott Toelle has joined bmi, the UK’s second largest airline, as director of key accounts in the US with his office located in Oakland, Maryland. Toelle will be responsible for managing sales efforts and developing a business strategy for nearly 150 accounts that pertain to bmi’s new Middle East, Africa and Central Asia routes as
bmi appoints Scott Toelle Director of key accounts in USA Read More »
For the full year ended December 31, 2007, AAWW posted net income of $132.4 million more than double 2006 levels, on revenues of $1.563 billion. Operating income of $154.8 million and pretax income of $132.7 million included a nonrecurring gain of $3.5 million on the disposal of aircraft and engines. For the quarter ended December
Atlas Air Worldwide reports net income of $132.4 million for full year 2007 Read More »
Air Transat a subsidiary of Transat A.T., was confirmed by the International Air Transport Association (IATA) as an IOSA-registered operator at a ceremony held in Madrid. IOSA (IATA Operational Safety Audit) registration caps 18 months of intense preparation work and process enhancement by the airline, followed by a comprehensive audit performed by IATA-accredited Simat, Helliesen
Air Transat obtains IOSA registration Read More »
Bombardier Aerospace continues to expand its fast growing worldwide support network, adding two new Challenger 300 service facilities in North America. Duncan Aviation – Battle Creek of Battle Creek, MI, and Midcoast Aviation of Cahokia, IL, have both been appointed as Authorized Service Facilities (ASF) for the popular super midsize jet. Duncan Aviation and Midcoast
Bombardier Aerospace continues to expand worldwide support network Read More »
Uzbekistan Airways, the national carrier of Uzbekistan, has become CFM International newest customer with an order for CFM56-5B engines to power six new Airbus A320 aircraft scheduled to begin delivery in 2011. The order is valued at more than $80 million at list price.
Uzbekistan Airways selects CFM56-5B to power new A320 aircraft Read More »
International Aero Engines reported that the new build standard of the V2500
IAE launches SelectOne Airbus flight testing Read More »
Pratt & Whitney Canada has launched an all-new Fleet Management Program designed to meet the wide-ranging engine maintenance needs of helicopter customers around the world. The new Fleet Management Program (FMP) offers helicopter customers a combination of cost stability and simplicity. Customers pay a guaranteed rate that recognizes the demanding and often changing operating environments
P&W Canada launches innovative maintenance program for helicopter customers Read More »
AAR has signed an agreement to acquire Avborne Heavy Maintenance, Inc. (Avborne) and a related entity from AHM Holding, Corp. Avborne is an independent provider of aircraft heavy maintenance checks, modifications, installations and painting services to commercial airlines, international cargo carriers and major aircraft leasing companies. Founded in 1985, Avborne performs heavy maintenance on both
AAR to acquire Avborne Heavy Maintenance Read More »
