Israel Aerospace Industries (IAI) has reported a 2021 growth in sales to US$4,477 million, compared to US$4,184 million in 2020. The company reported an 11% increase in net income to US$148 million compared to net income of US$133 million in 2020 and 10% growth in annual EBITDA to US$436 million compared to US$397 million in […]
IAI reports full-year 2021 net income of US$148 million Read More »
Arajet, the new Caribbean airline, has ordered 20 737 MAX airplanes from Boeing, specifically the high-capacity 737-8-200 model, to deliver low operating costs and expand affordable travel options in the Americas. Arajet also has options to purchase 15 additional 737 MAX jets which, along with existing lease agreements, could take the airline’s new fuel-efficient fleet to
New airline Arajet signs order for 20 Boeing 737 MAX jets Read More »
DHL Express has entered into a Crew and Maintenance agreement (CM) with Singapore Airlines (SIA) to deploy five Boeing 777 freighters. This agreement marks a further step in DHL Express’ expansion of its intercontinental air network to meet customer demand in fast-growing international express shipping markets. Travis Cobb, Executive Vice President Global Network Operations and
DHL and Singapore Airlines ink new agreement to expand partnership Read More »
John Swift will join JetBlue as the airline’s new Vice President, Technology effective March 14, 2022. In this role, he will develop the technical strategy across engineering, QA, cloud and infrastructure. He will report directly to Carol Clements, JetBlue’s Chief Digital and Technology Officer. Swift comes to JetBlue with more than 25-years of experience in
JetBlue names John Swift Vice President, Technology Read More »
Aerospace Engineering Solutions (AES), a UK and Ireland aerospace design and certification organisation, has announced that the company has been awarded the Supplemental Type Certificate (STC) for the introduction of Full Economy Passenger Layout on Boeing 737NG aircraft types, by the European Union Aviation Safety Agency (EASA). AES has developed this generic EASA STC (No.
AES awarded EASA STC for Full Economy Layout on Boeing 737NG Read More »
As a consequence of security workers at six German airports staging a one-day walk-out over pay, numerous airlines have been forced to cancel multiple flights to and from the affected locations. While Duesseldorf, Cologne/Bonn and Berlin were closed on Monday, an additional one-day strike is planned for other airports including Frankfurt and Hamburg on Tuesday.
German airports see hundreds of flights cancelled after strike action by security staff Read More »
Willis Lease Finance Corporation has reported annual total revenues of US$274.2 million a 5% decrease when compared to US$288.7 million in the prior year. Revenue for the three months ended December 31, 2021 was US$75.8 million, up 23.3% from the comparative period in 2020. Lease rent revenue was US$134.8 million in 2021, off 5.6% from
Willis Lease Finance posts annual pre-tax profit of US$9.1 million Read More »
The Federal Aviation Administration has granted type certification for the new twin-engine, large utility turboprop Cessna SkyCourier. Using a clean-sheet design and advanced manufacturing processes, the high-wing aircraft’s production line is underway and the first unit will soon enter the market with launch customer FedEx Express. Three SkyCourier aircraft accumulated more than 2,100 hours throughout
Cessna SkyCourier twin utility turboprop earns FAA type certification Read More »
AAR has signed an exclusive distribution agreement with Collins Aerospace’s Goodrich De-Icing & Specialty Heating Systems business. Through this agreement, AAR will provide airlines, other aircraft operators and MROs globally with de-icers and supporting products. Product offerings include patented technology and are predominantly used on general aviation aircraft, regional turbo-prop aircraft and most multi-engine piston
Netjets, a world-leading private jet company and Lilium N.V. (Lilium), maker of the Lilium Jet, an all-electric vertical take-off and landing (eVTOL) jet, have signed a memorandum of Understanding (MoU) partnering with FlightSafety International (FlightSafety), creating a strategic partnership that will see NetJets obtain the rights to purchase 150 Lilium eVTOLs. NetJets intention is to
