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Grupo Marsans exercises options for PW4000 engines

Grupo Marsans, the largest tourism and transport group in Spain, has exercised options to purchase Pratt & Whitney PW4000-100″ engines to power five new Airbus A330 aircraft. The engine and maintenance agreement is valued at more than $285 million.

The order follows Grupo Marsans’ purchase of 12 firm PW4000-powered A330 jets at the 2007 Paris Air Show. The PW4000 engines are covered by an exclusive service agreement provided by Pratt & Whitney Global Service Partners. The A330s will be operated by Grupo Marsans’ Air Comet and Aerolineas Argentinas airlines with new aircraft deliveries beginning in 2010.

Brussels Airlines to welcome Dorothea von Boxberg as new CEO

Currently Chairperson of the Executive Board of Lufthansa Cargo AG, Dorothea von Boxberg will shortly become the new CEO of Brussels Airlines. The appointment is subject to a pending resolution by the Board of Directors of SN Airholding. She is due to take up her new position on April 15 this year and will also

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Airbus delivers first A321neo from FAL Tianjin

Airbus has delivered the first A321neo aircraft assembled at its final assembly line Asia (FAL Tianjin) to China’s Juneyao Air in Tianjin, China. The aircraft is powered by Pratt & Whitney GTF  engines and features 207 comfortable seats, eight in Business and 199 in Economy Class. Its delivery flight is to use a ten percent

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VTOL orders driving strong growth in aircraft industry

Aircraft orders surged by 40% last year and are set to continue to expand this year with hybrid and electric vertical take off and landing (VTOL) aircraft driving growth, new research* from industry experts Revolution.Aero shows. Its data reveals aircraft orders rose to 2,876 last year from 2,056 in 2021 with hybrid and electric VTOL

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LYTE Aviation reveals 40-seat Hybrid eVTOL – SkyBus and SkyTruck 

LYTE Aviation, the newest advanced air mobility innovator, addressing advanced urban mobility and connectivity, has revealed its 40-seat (hybrid) eVTOL SkyBus and SkyTruck programme on March 23. Its LA-44 SkyBus and complementary SkyTruck cargo variant, designed around a 4.5 tonne payload, is the accumulation of three years’ R&D. The result is a game-changing, vertical take-off and landing

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Bombardier updates 2025 strategic objectives 

Bombardier has updated its 2025 objectives. The company is now targeting more than US$9 billion in annual revenue by 2025, with an adjusted EBITDA of more than US$1,625 million and a healthy adjusted EBITDA margin of approximately 18%. Bombardier also expects to generate significant free cash flow in the coming years, to the tune of more than US$900

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Magnetic Group rebrands Direct Maintenance as Magnetic Line

Magnetic Group, a fast-growing aviation company, has released that Direct Maintenance has been rebranded as Magnetic Line. This rebranding is part of Magnetic Group’s overarching strategy to unify all its businesses under a single brand – Magnetic – and streamline its products and services under one easily recognisable name. Direct Maintenance has been an integral

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Avianca – Viva Air merger gets Columbian CAA approval

Columbian flag-carrying airline Avianca and Viva Air have received merger approval from the Columbian civil aviation authority. The merger was originally proposed back in April 2022 with the intention to keep the branding and strategies separate. One of the merger conditions is that Viva Air reimburse all passengers who have been affected by flight cancellations

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Lufthansa to resume regular flight operations with Airbus A380

From June 1, Lufthansa will resume its regular flight operations with the popular Airbus A380 after a three-year interruption. Daily flights from Munich to Boston will be operated by LH424. Commencing July 4, 2023 and just in time for Independence Day, the U.S. national holiday, an A380 with flight number LH410 will take off daily

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Japan Airlines signs firm order for 21 fuel-efficient Boeing 737-8 jets

Japan Airlines (JAL) and Boeing have finalized an order for 21 super-efficient Boeing 737-8 jets. The versatile 737-8 will position JAL to strengthen its domestic and regional network as passenger traffic continues to return to pre-pandemic levels. JAL intends to begin introducing the airplanes into its fleet from 2026. “We are delighted to select the

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AAT Composites secures product organisation approval from EASA

AAT Composites, a South African-based design and manufacturing composite company, has earned production organisation approval (POA) in compliance with the European Union Aviation Safety Agency (EASA Part 21G). Globally, AAT Composites joins an elite club of aviation suppliers with POAs. EASA Part 21G is an approval to manufacture aircraft parts and appliances in conformity with

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Ferrovial and Eve Air Mobility team up on urban air traffic in the United States and Europe

Ferrovial Airports (Ferrovial) and Eve Air Mobility, a developer of electric vertical take-off and landing (eVTOL) aircraft, services and support, and urban air traffic management (Urban ATM) software, have agreed to partner to jointly develop the safe and reliable operation of vertiports and eVTOLs. This collaboration, embodied in a statement of intent, reinforces Ferrovial’s commitment to urban air

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AAR posts income of US$21.8 million for third quarter of 2023

AAR CORP. has posted third-quarter fiscal year 2023 consolidated sales of US$521.1 million and income from continuing operations of US$21.8 million. For the third quarter of the prior year, the company reported sales of US$452.2 million and income from continuing operations of US$22.6 million. Adjusted diluted earnings per share from continuing operations in the third

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