Air Transport

By Stephen Costley
AIR TRANSPORT SERVICES GROUP earned $105m net profit in 3Q19, vs $72m in 3Q18. Result reflects strong demand trends, robust fleet and insulation from
Air Transport

By Stephen Costley
EMIRATES AIRLINE had AED862m in fiscal 2019/2020 1H net income, nearly quadrupled vs AED226m in 1H FY2018/2019s. Overall Emirates Group net income
Air Transport

By Stephen Costley
JAZEERA AIRWAYS had KWD16.1m 9M 2019 net profit, up 90.2% vs. KWD8.5m in 9M 2018 period. Revenue rose 30% to KWD82.8m, operating profit increased 90.5
Air Transport

By Stephen Costley
LUFTHANSA GROUP had €1.04b for 9M 2019 vs €1.8b for 9M2018. 3Q19 net profit was €1.15b vs €1.1b in 3Q18.
Air Transport

By Stephen Costley
LUFTHANSA GROUP subsidiary SWISS INTERNATIONAL AIR LINES had adjusted earnings before interest and taxes of CHF490m for 9M2019 vs CHF549m in 9M2018.
Air Transport

By Stephen Costley
CVC FUND VII completed acquisition of ONTIC, UK from BBA Aviation for just under $1.4b. Ontic has >165 licenses for >7,000 parts and operates out of
Air Transport

By Stephen Costley
TRIMAS AEROSPACE earned $19.7m on $43.1m sales in 3Q19 vs $7.7m on $40.9m in 3Q18.
Air Transport

By Stephen Costley
INTERNATIONAL AIRLINES GROUP (IAG) agreed to acquire AIR EUROPA, Spain for €1b; deal is expected to be completed in 2H20.
Air Transport

By Stephen Costley
THOMAS COOK AIRLINES SCANDINAVIA has been acquired out of solvency by an investment group that includes Strawberry Group, Altor Funda and TDR Capital
Air Transport

By Stephen Costley
RYANAIR posted €1.15b net income for six months ended September 30 (vs €1.15b a year ago) on 11% higher revenues.
Air Transport

By Stephen Costley
VIRGIN AUSTRALIA GROUP to retire two TIGERAIR Airbus A320s by mid-2020 and cut three Fokker F100s from its regional fleet by March 2020.
Air Transport

By Stephen Costley
EL AL ISRAEL AIRLINES to expand Viasat high-speed in-flight connectivity to its Boeing 777 fleet, plans to have “the majority” of its entire fleet
Air Transport

By Stephen Costley
QANTAS was forced to ground three of 33 737NGs checked for hairline cracks in pickle fork structure for repair.
Air Transport

By Stephen Costley
LIEBHERR-AEROSPACE TOULOUSE was selected by Rolls-Royce to supply pneumatic valves/actuation devices for Pearl 700 engine, which was selected by
Air Transport

By Stephen Costley
THE AV8 GROUP expanded its overhaul shop/headquarters facility at Houston by 9,000 sq ft to 30,000 sq ft. It also added a servo test stand to overhaul
Air Transport

By Stephen Costley
FOSUN TOURISM GROUP has acquired THOMAS COOK, UK and related hotel brands for £11m.
Air Transport

By Stephen Costley
BRISTOW GROUP emerged from Chapter 11 bankruptcy with $535m in new capital. It has >300 helicopters and 78 fixed-wing aircraft to provide
Air Transport

By Stephen Costley
KLM UK ENGINEERING extended its 737F heavy maintenance deal with West Atlantic UK.
Air Transport

By Stephen Costley
ROLLS-ROYCE and CHINA SOUTHERN AIRLINES announce LOI for Trent XWB TotalCare engine MRO services for the airline's 20 in-service and on-order Airbus
Air Transport

By Stephen Costley
SUN COUNTRY AIRLINES to fly 12 new routes—including four new destinations— in summer 2020 with Boeing 737-family fleet.
Air Transport

By Stephen Costley
NORWEGIAN AIR SHUTTLE raises new capital, making gross proceeds of NOK2.5b from a private placement and convertible bond issue of $150m, leaving it
Air Transport

By Stephen Costley
RYANAIR grounded three of its Boeing 737-800 aircraft from service after the discovery of pickle fork cracks located between the aircraft’s fuselage
Air Transport

By Stephen Costley
ROLLS-ROYCE said it will add widebody engine overhaul capability at its Dahlewitz and Montreal facilities. The moves support both short-term demand
Air Transport

By Stephen Costley
UNITED AIRLINES is an official airline partner of Brand USA, the government-backed destination marketing organization for the U.S. The groups on Nov
Air Transport

By Stephen Costley
AJW GROUP forms JV with Hong Kong-based GREAVIA LIMITED to serve Chinese aviation market. JV will be called AJW Greavia Limited.
Air Transport