Air Transport Aircraft & Propulsion
Aug 15, 2006
Embraer reported net income of $139.1 million for the second quarter, a 67.7% increase over the $82.9 million earned during the same period a year ago. Net sales for the three months to June 30 were $1.02 billion compared to $812.4 million in the year-ago quarter. The company reported a firm order backlog valued at $10.2 billion, a little more than 12% of which represented executive aviation business. The Brazilian manufacturer delivered 36 jets during the quarter comprising 30 commercial aircraft, five Legacy 600s and one 190 for government use.
Aug 11, 2006
Boeing has identified more of the 737 customers listed on its website. The orders are part of the 150-aircraft commitment from China (ATWOnline, April 12). China Eastern Airlines took 16 aircraft, China Southern Airlines 10, Shanghai Airlines eight and Shenzhen Airlines five.
Aug 08, 2006
Skyways Aviation arranged the sale of a Saab 340B, originally operated by Crossair, to REX Regional Express of Australia. REX currently operates a fleet of 27 340s.
Aug 08, 2006
ATR signed a $97 million contract with Tanzanian carrier Precision Air for three ATR 42-500s and three 72-500s. Deliveries will begin in 2008. Precision Air currently operates a fleet of six ATRs. ATR said it has sold more than 50 turboprops this year, including some yet-to-be-announced transactions.
Aug 07, 2006
Varig intends to add five aircraft this week and operate a fleet of 45 by year end, up from the current 12, according to an official of parent Volo do Brasil cited by Reuters. The carrier employs 3,985 people following last week's layoffs (ATWOnline, Aug. 1) and intends to raise that to 5,400 by year end. Marco Antonio Audi told Reuters Varig is looking at leasing Airbus and Embraer jets--it has operated an all-Boeing fleet--and that it now will begin purchasing aircraft at the end of their leases.
Jul 29, 2013
FAA is proposing a $2.75 million civil penalty against Boeing Co.’s commercial airplanes unit for allegedly “failing to maintain its quality control system in accordance with approved FAA procedures.”
Jul 29, 2013
The Russian market can accommodate 10-12 Airbus A380s, Airbus VP-Eastern Europe and Central Asia Andreas Kramer said.
Jul 29, 2013
General Electric (GE) chairman and CEO Jeff Immelt takes time in his busy schedule to get regular briefings on GE Aviation’s commercial engine programs. That’s because GE has committed to spending more than $1 billion annually on commercial aircraft engine research and development through at least 2018.
Jul 26, 2013
Embraer posted a second-quarter net loss of $3.8 million, “primarily as a result of deferred income taxes generated by the appreciation of the US dollar [against the Brazilian real] during the period, which negatively impacted 2Q13 net income,” Embraer said in a statement.
Jul 26, 2013
Hong Kong-based Cathay Pacific Airlines does not see a need for very large aircraft (VLA), such as the Airbus A380 or Boeing 747-8I.
Jul 26, 2013
Ukraine International Airlines has taken delivery of its first of four CFM56-7BE-powered Boeing 737-900s, which are configured with 20 business- and 159 economy-class seats.
Jul 26, 2013
Lufthansa Cargo is expecting to take delivery of the first of five Boeing 777Fs in mid- to late October, followed by a second delivery in November, a spokesperson of Lufthansa Cargo confirmed to ATW.
Jul 25, 2013
Malaysia Airlines has taken delivery of its first of 36 ATR 72-600 for regional subsidiary MASwings as part of an order inked in December 2012.