by Dino D'Amore | Aug 12, 2022 | Technology, Zone: Europe
airBaltic is joining forces with travel tech partner DRCT to roll out New Distribution Capability (NDC) offerings to local and international markets. Travel sellers will now be able to book airBaltic NDC fares and personalised content through DRCT’s AI-powered...
by Dino D'Amore | Aug 4, 2022 | Maintenance, Zone: Asia/Pacific
HAECO ITM has signed an exclusive contract with Silk Way West Airlines to provide inventory technical management support to the airline’s Boeing 747-8F fleet. The new agreement will run until 2029. Under the new agreement, Silk Way West Airlines will benefit from...
by Dino D'Amore | Aug 4, 2022 | Technology, Zone: Americas
Willis Lease Finance Corporation has reported second quarter total revenues of $78.1 million. For the three months ended June 30, 2022, aggregate lease rent and maintenance reserve revenues were $60.9 million and spare parts and equipment sales were $6.8 million....
by Dino D'Amore | Aug 4, 2022 | Technology, Zone: Americas
Spirit AeroSystems reported revenue of $1.3bn for the second quarter of 2022 – up 26% on last year’s result. The company posted an operating loss of $105 million and a net loss of $122 million. “Like many other companies, this past quarter we experienced challenges...
by Dino D'Amore | Aug 4, 2022 | Technology, Zone: Americas
Embraer has reported consolidated revenues of US$1,018.9 million at the end of the second quarter of 2022 (2Q22) representing a decrease of 9.9% over the year mostly driven by lower deliveries in Commercial and Defense & Security and partially offset by higher...