RUAG has announced new financial figures showing that new orders and order backlog have reached record highs, while profitability has been adversely affected by special costs. Against record sales of CHF 1,998 million (+2.2%) and new orders at a record CHF 2,221 million (+13.3%), EBIT stands at CHF 106 million (-10.8 %) and profitability at […]
MTU Maintenance once again broke records in 2018. The MRO division of MTU Aero Engines AG secured around 4.4 billion US dollars in MRO contract wins, surpassing the 4 billion mark for the first time in its history. Over 300 contracts were signed in 2018, of which 46 were with new engine MRO customers. “We […]
Conklin & de Decker, a JSSI company and leader in aviation research, consulting and education, has introduced the latest version of its aircraft comparison tool, the Conklin & de Decker Report, to the helicopter industry at HAI Heli-Expo 2019 in Atlanta. The updated online report and mobile app offer new features to helicopter owners and […]
MTU Aero Engines AG once again set new records in the financial year 2018. Revenues increased by 17 % from € 3,897.4 million in 2017 to a new high of € 4,567.1 million. The group’s operating profit[1] reached a new record level of € 671.4 million, similarly beating the previous year’s result by 17 % […]
The aviation industry’s transformative inflight internet provider, SmartSky Networks, announces the closing of a total of $104M in funding, including $75 million in debt commitments from funds managed by the Global Credit team at BlackRock and equity investments by private equity firms Tiger Infrastructure, WP Global, Platform Partners, and Meritage Investors. The funds will be […]
