Grupo Aeromexico SAB posts MXN 495m of Q3 income
Mexican airline operator Grupo Aeromexico SAB de CV (BMV: AEROMEX) said that its 3Q13 net income reached MXN 495m for a 17% increase year-on-year. Net margin for the quarter was…
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Ascent Aviation Services receives private equity investment
New Orleans-based private equity firm LongueVue Capital said it has invested both equity and mezzanine capital for US narrow body maintenance repair and overhaul services provider Ascent Aviation Services Corp.Based…
Chorus Aviation declares CAN 0.075 dividend on class A,B shares
Canadian airline operator Chorus Aviation Inc (TSX: CHR.B) said it will pay a quarterly dividend of CAN 0.075 per class A and class B share payable on or after October…
Flexjet separating from Bombardier in private equity buyout
After 18 years as Canadian airframer Bombardier´s (TSX: BBD-B) fractional jet ownership division Texas-based Flexjet has forged a definitive agreement for its purchase by a group led by Directional Aviation…
Into-plane fuel sales up 14% in first half of 2013 for Gazprom Neft
Russian energy firm Gazprom Netf said that its Gazpromneft-Aero aviation fuel business maintained its position in Russia´s aviation fuel market with a 23% market share and remained the largest provider…
PRASK up in July for GOL
Brazil-based low-cost carrier GOL Linhas Aereas Inteligentes SA (BM&FBOVESPA: GOLL4) (NYSE: GOL) said that its net PRASK presented an 18% growth in July over July 2012 even with a supply…
Vlodinger, Ben-Haim named to TAT Technologies board
Israeli aerospace firm TAT Technologies Ltd (NASDAQ: TATT) said that on August 8, 2013 Samuel Vlodinger and Ron Ben-Haim were elected as the new members of the firm´s board of…
Konto, Toya named to Aircastle board
Connecticut USA-based commercial aircraft lessor Aircastle Ltd (NYSE: AYR) said it has appointed Ryusuke Konto and Gentaro Toya to the company´s board of directors increasing the board to 10 members.The…
Global air freight industry to accelerate
According to a new report from New York-based business search engine Reportlinker.com the performance of the global air freight sector is forecast to accelerate with an anticipated CAGR of 1.6%…
Spirit AeroSystems receives USD 60m contract from Sikorsky Aircraft
Kansas, USA-based aerostructures manufacturer Spirit AeroSystems Inc (NYSE: SPR) said it has received a USD 60 m contract from US helicopter maker Sikorsky Aircraft Corp (NYSE: UTX) to supply the…
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