16 March 2011

Lufthansa generates net profit of EUR 1.1 billion in 2010

The Lufthansa Group closed the 2010 financial year with revenue of EUR 27.3 billion (previous year: EUR 22.3 billion) according to preliminary figures. Despite adverse one-off factors the operating profit came to EUR 876 million (previous year: EUR 130 million). Net profit attributable to shareholders of Deutsche Lufthansa AG amounted to EUR 1.1 billion (previous

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Lufthansa invests in passenger and freighter fleet

The Lufthansa Supervisory Board approved orders for 35 new aircraft at its meeting on March 16t. Thirty of the aircraft from the Airbus A320neo family are for the Passenger Business, the other five orders are for Boeing 777 freighters for the business segment Logistics. Investment in new aircraft strengthens the competitiveness of airlines in the

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Iberia converts passenger aircraft into mid-air refuelling tanker

Iberia has converted an Airbus A330-200 passenger airliner into a Multi Role Tanker Transport (MRTT), equipped for mid-air refuelling. It was the first time such a complex task has been performed in Spain, where Iberia maintenance and engineering teams completed it in a record 16 months. After the final flight test on March 15th, the

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Hamilton Sundstrand, AVIC EM finalize joint venture agreement

Hamilton Sundstrand Corporation and AVIC Electromechanical Systems Company Limited (AVIC EM) have finalized plans to co-develop and manufacture the electric power system for the new Commercial Aviation Corporation of China (COMAC) C919 jetliner. Hamilton Sundstrand is a subsidiary of United Technologies Corp. and AVIC EM is a subsidiary of Aviation Industry Corporation of China (AVIC).

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Boeing names Jack Jones to lead Boeing South Carolina operations

Jack Jones has been named vice president and general manager of Boeing South Carolina. Jones assumes overall leadership responsibility for Boeing’s South Carolina facilities and operations. Boeing South Carolina fabricates, assembles and installs systems for the aft fuselage sections of the Boeing 787 Dreamliner, and joins and integrates 787 mid-body fuselage sections from other structural

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AVISA and aeroDAC partner with CASL to serve South East Asia and China

AVISA Aviation Safety Systems, has recently signed an agreement to work with China Aircraft Services Limited, a long established Hong Kong based MRO and aviation services company and aeroDAC, an EASA-approved part 21 design organisation, with capabilities in every aspect of aerospace design, aircraft certification and approval. The new partnership will see the three businesses

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