8 May 2012

Air France KLM post first quarter net loss of €368m

Air France KLM reported total revenues for the first quarter 2012 of €5.65bn, up 6.0% after a positive currency effect of 1.1%. Unit revenue per equivalent available seat kilometer (EASK) rose 6.6% (+5.5% ex. currency). The operating result was €-597m (€-403m at 31st March 2011). Net result, group share was €-368m (€-367m at 31st March […]

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Monarch Air commits to fuel savings and emissions reductions with P&W

Monarch Airlines selected Pratt & Whitney’s fuel conservation program, EcoFlight Solutions, reaching a 5-year agreement. The EcoFlight Solutions team has already commenced work with Monarch Airlines to develop and implement fuel-saving solutions for the airline’s fleet of 32 aircraft. EcoFlight Solutions can typically save an airline 3 to 8% in fuel costs annually, even for

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BAE Systems to provide Boom Actuator Control unit for Boeing KC-46A tanker

BAE Systems has been awarded a contract to develop and manufacture the Actuator Control Unit (ACU) for the Boeing KC-46A tanker. The contract is for the design, development, test, and production of the ACU for the Boom Actuation Control System of the KC-46A tanker. The ACU provides the control interfaces necessary for movement of the

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Lufthansa Supervisory Board appoints Simone Menne as Chief Financial Officer

Simone Menne has been appointed to the Executive Board of Deutsche Lufthansa AG as Chief Financial Officer with effect from July 1st 2012. This decision was taken by the Supervisory Board at its meeting in Cologne on May 7th. Simone Menne succeeds Stephan Gemkow, who is stepping down as CFO in mutual agreement with effect

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EVA Air orders three 777-300ERS from Boeing and leases four 777-300ERS from GECAS

Taipei-based EVA Air and Boeing finalized an order for three 777-300ERs (Extended Range) airplanes. The order also includes purchase rights for an additional four airplanes. The Taiwan-based carrier is in the midst of growing its airplane fleet to increase frequency to mainland China and new destinations in North Asia. In addition to the Boeing order

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DAALLO Airlines of Djibouti acquires BAe 146 from Falco

Djibouti Dubai Express Holding Company, trading as DAALLO Airlines, the national carrier of Djibouti, has purchased a BAe 146-200 from UK-based aircraft management company Falko. The aircraft, bearing manufacturer’s serial number E2074, has been recently delivered and will be used on regional airline services linking the Republic of Djibouti to neighbouring countries in the Horn

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