23 March 2011

Lufthansa Technik increases 2010 revenues, but reports lower result

Toward the end of the first year after the economic and financial crisis, Lufthansa Technik Group was able to profit increasingly from the recovery of the maintenance, repair & overhaul (MRO) market, and boosted its revenues by a total of 1.4%. As expected, however, the operating result could not be held at the high level […]

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airberlin and GECAS agree to package deal for 12 aircraft

GE Capital Aviation Services and airberlin announced an agreement for the financing of 12 new aircraft – covering five Airbus A320, three Airbus A321 and four Boeing 737-800, all equipped with CFM engines. This sale-and-lease-back transaction is covering deliveries due in the first three quarters of 2012. The total deal size is approximately $ 1

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AirTran Airways and Association of Flight Attendants reach tentative agreement

AirTran Airways released that it has reached a tentative agreement on terms of a new two-year flight attendant collective bargaining agreement with the Association of Flight Attendants-CWA, AFL-CIO (AFA). The tentative agreement will go before the airline’s flight attendants for a ratification vote over the next 30 days. If ratified by the flight attendants, the

AirTran Airways and Association of Flight Attendants reach tentative agreement Read More »

Lufthansa Technik increases 2010 revenues, but reports lower result

Toward the end of the first year after the economic and financial crisis, Lufthansa Technik Group was able to profit increasingly from the recovery of the maintenance, repair & overhaul (MRO) market, and boosted its revenues by a total of 1.4%. As expected, however, the operating result could not be held at the high level

Lufthansa Technik increases 2010 revenues, but reports lower result Read More »

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