New Orders at about EUR 2.6 billion, higher than 1Q2016. Book-to-bill improved at 1.1 Solid and continuous improvement of EBITA (+14%) and EBIT (+16%). RoS at 7.6% Net Result Before Extraordinary Transactions at EUR 78 million, almost 40% higher Significantly improved Group Net Debt at EUR...
FAI is a leading provider of mission-critical aviation services, based in Germany With 23 aircraft, FAI serves the Insurance- and Assistance-Industry, corporations, Government Agencies and NGOs Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Ba...
GE Aviation celebrated in Muskegon the grand opening of its $14.5 million Brilliant Factory – an investment that will stimulate economic growth in the region and where GE is using data and analytics to run its plants more efficiently. For the event, John Bowman, general manager, Supply Chain for GE Aviation joined Senator Debbie Stabenow, State Senator Goeff Hansen, State Representatives...
With sales revenue of 821 million Swiss francs, performance in financial 2016 was better than expected. Operating earnings totalled 89 million Swiss francs after deduction of Research and Development investment of 101 million Swiss francs. 56 additional jobs were created across the Group as a whole. 117 aircraft were delivered to customers. The PC-24 development programme is proceeding according t...
Air Partner plc (Air Partner or Group), the global aviation services group, today reports results for the year ended 31 January 2017. January 2017 January 2016 Change (%) Gross transaction value (£m) 215.8 210.8 2.4 Gross profit (£m)...
Cargolux Airlines has proved its qualities once more in the extremely volatile environment of the international air cargo industry. In a year dominated for the major part by worryingly low yields, fierce competition and overcapacity, the airline experienced a robust fourth quarter, one of the strongest in many years. The net profit for 2016 totaled US$ 5.5 million while scheduled freight tonne kil...
Following its highly successful Hangar 51 accelerator programme, International Airlines Group (IAG) is to invest in two start-ups: Esplorio and Vchain. More than 450 start-ups applied to join Hangar 51. Following a pitch day, five companies were selected to spend 10 weeks working in IAG’s headquarters. From those five companies, Esplorio and Vchain have been selected to continue workin...
Textron reported first quarter 2017 income from continuing operations of $0.37 per share or $0.46 per share of adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, compared to $0.55 per share in the first quarter of 2016. During this year’s first quarter, the company recorded ...
Honeywell International Inc said on Friday its commercial aviation after-sales business was benefiting from robust air travel, while its energy division was getting a lift from stable oil prices, sending shares to a record high. The diversified U.S. manufacturer's shares rose as much as 3.6 percent to $128.30 in afternoon trading. Honeywell, which made an unsuccessful bid...
Singapore Technologies Engineering Ltd (ST Engineering) announced that its aerospace arm, Singapore Technologies Aerospace Ltd (ST Aerospace), secured new contracts worth about S$1.11b in the first quarter (1Q) of 2017 for services ranging from line and heavy airframe maintenance to component repair and overhaul. The 1Q2017 contracts include performance-based logistics operation and support for...
During the first quarter of 2017 (1Q17), Embraer delivered 18 jets to the commercial aviation market across the U.S., Europe and China. In the business aviation market, 15 aircraft were delivered in the same period, being 11 light jets and 4 large jets. On March 31, Embraer's firm order backlog totaled USD 19.2 billion. See the details below: Deliveries by Segment...
Doug Gollan There are quite a few aspects of buying private jet travel that makes it a very personal decision, and really necessitates some time and effort. In terms of jet cards, there are variances in pricing, fees, daily minimums, the amount of insurance provided, policies on taking your pets or sending your kids unaccompanied. There are differences in what type of catering is provided witho...
A BILLION DOLLAR COMMITMENT On Wednesday, April 5, Jeff Bezos, founder and CEO of Amazon , revealed that he is financing Blue Origin, his space company, by selling approximately $1 billion in Amazon stock annually. He made the announcement as he stood before the full-scale mock capsule of his New Shepard rocket, emphasizing his vision for a future that includes millions of humans playing,...
Boeing HorizonX to uncover and accelerate emerging technologies, business models Effort will pursue venture capital investments, expansion into new business areas, disruptive market solutions The Boeing Company announced investments in two early-stage technology companies through the ventures arm of a new group called Boeing HorizonX, an innovation cell focused on accele...
20/10/2026 - 22/10/2026
United States, Las Vegas
18/11/2026 - 20/11/2026
Bahrain, Sakhir
Rising production rates and the launch of new aircraft programs are driving increased demand for manufacturing capacity across the aerospace industry. To support this growth, FACC plans to i...
