In the first nine months of 2016, MTU Aero Engines AG saw its revenues increase by 4% to €3,401.3 million (1-9/2015: €3,257.0 million). The group’s operating profit increased by 18% to €393.8 million (1-9/2015: €333.1 million), improving the EBIT margin from 10.2% to 11.6%. Earnings after tax increased by 18% to €273.4 million (1-9/2015: €231...
A Heathrow spokesperson said: “We welcome the news that Heathrow is the Government’s preferred site for a new runway and look forward to hearing the full details later from the Transport Secretary. “Expansion of Heathrow is the only option that will connect all the UK to global growth, helping to build a stronger and fairer economy. “We await the full details...
EAD Aerospace, an Eclipse company, has delivered its first Honeywell JetWave STC for an A319 VIP project in partnership with a leading European MRO for an undisclosed final customer in the Middle East. The brand new aircraft was outfitted with a bespoke VIP interior and some of the latest technologies, including the fully operational Honeywell JetWave Ka-band system. The solution provided is ba...
Global Eagle Entertainment announced a strategic, multiyear content service agreement with Qatar Airways. GEE will provide a suite of core inflight entertainment (IFE) content services, including movies, music, TV and audio on in-cabin and seatback systems aboard 164 of Qatar Airways' commercial airliners, 8 Qatar Amiri charter aircraft and 12 Qatar Executive business jets....
Jet Aviation was twice honored at the tenth annual Middle East Aviation Business Awards ceremony recently held at the Conrad Hotel in Dubai, UAE. The company’s FBO at Dubai International Airport won the 2016 FBO of the Year Award, while its Dubai MRO facility was shortlisted in the MRO Service Provider of the Year (International) category. Organized by magazine publisher ITP Business...
Fractional ownership pioneer NetJets is establishing a new division that it says will provide objective, expert support for clients wanting to buy or sell whole aircraft. QS Partners will tap the extensive in-house expertise of its parent company, while insisting that the new venture is not expressly intended as a vehicle to steer business to its fractional, charter and aircraft manageme...
A Swearingen SA227-AT Expediter, registered N577MX, was destroyed after impacting terrain during takeoff from Malta-Luqa Airport. All five crew members sustained fatal injuries. The aircraft took off from runway 13 and lost height in right hand turn and impacted terrain just past the airport perimeter fence and burst into flames. The Expediter operated on a surveillance operation for the F...
Emirates has completed a major makeover of its Business Class lounge at Concourse B of Dubai International Airport. The US$11 million refurbishment project took two years to complete and is part of the airline's continuous investment to improve and upgrade its products for a seamless and enjoyable travel experience. Emirates’ premium customers can enjoy the lounge experience with thre...
Arrival of three new aircraft cements company’s position as global leader One new Global 6000 and two new Challenger 350 business aircraft added to fleet New additions worth over $115million* Takes VistaJet’s total operating fleet to 70 aircraft VistaJet announced that it has taken receipt of three new aircraft, worth $115million*, taking its overall operating fleet to 7...
Frederic Gagey stands to lose his job as boss of French carrier Air France in early November when its parent Air France-KLM unveils a new strategic plan to the board, daily La Tribune said on Friday. Under the "Trust Together" plan to be announced on Nov. 3, Jean-Marc Janaillac, chairman and chief executive of Air France-KLM, will take on the additional responsibility of Air Fran...
This week in San Francisco, Singapore Airlines put on a posh gala at the St Regis to celebrate the launch of its newest, longest nonstop flight between San Francisco to Singapore. SIA will deploy its newest aircraft, an Airbus A350, on the 17-or-so-hour flight, the first of which departs from SFO this Sunday. It’s the first time an Airbus A350 has touched dow...
Reuters has reported that talks may have taken place between Lufthansa and Alitalia about the prospects of Lufthansa taking a substantial stake in Italy’s national carrier. The main topic of the conversation may have been regarding Etihad looking to give Air Berlin to Lufthansa in return for a stake in Alitalia. Etihad currently owns a 49% stake in Air Berlin and a 29% s...
