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airberlin records profit in 2012

Airberlin has returned to profitability. Air Berlin PLC recorded an operating profit before interest and tax (EBIT) of €70.2m in 2012, reflecting a significant improvement of €317.2m as compared to 2011. The Company’s net income of €6.8 million marks a return to profitability for the first time since 2007 and follows a loss of €-420,4m in 2011 (restated, reported: €-271.8m). In the past year, airberlin successfully increased its group revenue to € 4.31bn (2011: €4.23bn). EBITDA (earnings before interest, taxes, depreciation and amortization) improved from €-161.6m for the 2011 financial year, to €144.3m in 2012. EBITDAR (earnings before interest, taxes, depreciation, amortization and leasing expenses) improved from €425.9 by 72.9% to €736.4m in the same period.

Alaska Air Group announces US$1.9 billion acquisition of Hawaiian Airlines

Monday December 4, 2023
“This combination is an exciting next step in our collective journey to provide a better travel experience for our guests and expand options for West Coast and Hawai‘i travellers,” Ben Minicucci, Alaska Airlines CEO
Alaska Air Group has reached an agreement to acquire its rival, Hawaiian Airlines, in a deal valued at US$1.9 billion. This transaction marks the second proposed airline merger in less than two years and sets the stage for a potential regulatory battle. Under ... Read More »

China Airlines partners with GE for services on 747-400F fleet

Monday December 4, 2023
CF6 engine © GE Aerospace
China Airlines has entered into a services agreement with GE Aerospace for its 747-400F fleet, as announced by GE Aerospace. Under this long-term agreement, China Airlines will rely on GE’s OEM solution for high-pressure compressor air foils, with GE man... Read More »

South Korea opts for C-390 Millennium aircraft

Monday December 4, 2023
C-390 Republic of Korea Air Force
South Korea’s Defense Acquisition Program Administration (DAPA) has announced Embraer’s C-390 Millennium as the winner of the Large Transport Aircraft (LTA) II public tender to provide the Republic of Korea Air Force (ROKAF) with new military transport air... Read More »

easyJet collaborates with Collins Aerospace to enhance operations

Monday December 4, 2023
easyJet will become the largest A320 operator to deploy GlobalConnect
Collins Aerospace is working with easyJet to activate GlobalConnectSM connected aircraft services on more than 330 Airbus aircraft in its fleet. easyJet will become the largest A320 operator to deploy GlobalConnect. This new capability enhances safety oversig... Read More »

SITA appoints Stefan Schaffner and Sergiy Nevstruyev to head Airport and Customer Experience teams

Monday December 4, 2023
Sergiy Nevstruyev (l) and Stefan Schaffner (r)
SITA has announced the appointments of Stefan Schaffner as Senior Vice President of SITA AT AIRPORTS and Sergiy Nevstruyev as Senior Vice President of SITA Global Services (SGS). The two bring a wealth of management experience in the travel, transport and mobi... Read More »

Hamburg Airport joins “Hydrogen Hub at Airport” network

Monday December 4, 2023
Christian Kunsch, Managing Director of Hamburg Airport, Nicole Dreyer-Langlet, responsible for research and technology at Airbus in Germany, Michael Eggenschwiler, CEO of Hamburg Airport, Karine Guenan, Head of ZEROe Ecosystem at Airbus sign the cooperation agreement
Hamburg Airport has become the first German and the 12th member of the international “Hydrogen Hub at Airport” network, to promote the further expansion of hydrogen infrastructure in aviation. The network’s membership already includes members fro... Read More »

Binter Technic signs up for AMOSeTL 

Monday December 4, 2023
Binter ATR 72-600 aircraft
Swiss-AS has released that Binter Technic (including Binter), one of its customers, has signed up for AMOSeTL.  As the airline ventures into a paperless future using AMOSeTL, an additional 34 aircraft will join the predominantly ATR-42 and ATR-72 models, ... Read More »

Divesture of LHT off the table, Lufthansa Group keeps sole ownership

Friday December 1, 2023
Lufthansa Technik
In a resolute declaration of its commitment to the future of aviation excellence, the Lufthansa Group has officially announced its decision to maintain sole ownership of Lufthansa Technik (LHT). This decision comes as the aviation industry anticipates a dynami... Read More »

Canada secures Boeing P-8A Poseidon aircraft for multi-mission aircraft project

Friday December 1, 2023
Canada has selected Boeing’s P-8A Poseidon as its multi-mission aircraft
The Government of Canada has inked a Foreign Military Sales letter of offer and acceptance for the procurement of up to 16 Boeing P-8A Poseidon aircraft, marking a significant milestone in the Canadian Multi-Mission Aircraft (CMMA) project. Canada joins a grou... Read More »

SAMI and Embraer ink MoU for defence collaboration

Friday December 1, 2023
Representatives from SAMI and Embraer at the official MoU signing © Embraer
SAMI, the national defence and security leader and a public investment fund (PIF) company, alongside Embraer, has officially signed a memorandum of understanding (MoU) to initiate collaboration in the defence and security sector between Saudi Arabia and Brazil... Read More »

Etihad Airways set to introduce A380-service to New York JFK

Friday December 1, 2023
Etihad Airbus A380 flying over New York
Etihad Airways has announced the commencement of A380 double-decker flights to New York JFK, beginning in April 2024. “The decision to deploy the A380 on the popular New York route aligns with our commitment to meeting customer demand for increased capac... Read More »

Airbus Helicopters launches maiden flight of NH90 Sea Tiger for German Navy

Friday December 1, 2023
The NH90 Sea Tiger for the German Navy on its maiden flight
The first NH90 Sea Tiger embarked on its maiden flight, taking off as scheduled at Airbus Helicopters‘ facility in Donauwörth, Germany. This achievement marks a significant step in fulfilling the German Bundeswehr’s order for 31 NH90 Sea Tiger mul... Read More »

SWISS deploys SITA eWAS across fleet

Friday December 1, 2023
eWAS enables SWISS' pilots to anticipate and avoid adverse weather conditions © SITA
SITA eWAS is now deployed across all Swiss International Air Lines’ (SWISS) fleet to enable its pilots to anticipate and avoid adverse weather conditions, like turbulence. SITA eWAS is the only digital weather awareness application on the market today that a... Read More »

Porter Airlines expands fleet with 25 new Embraer E195-E2 jets

Thursday November 30, 2023
Embraer E195-E2 jets in Porter Airlines livery © Embraer
Porter Airlines has exercised its purchase rights to secure a firm order for 25 Embraer E195-E2 passenger jets, supplementing its existing 50 firm orders. The North American carrier plans to utilise these new aircraft to expand its renowned service to various ... Read More »

Eurofighter EK receives official approval for electronic combat integration

Thursday November 30, 2023
Image of Eurofighter EK © Airbus
The Eurofighter EK (electronic combat) has received official approval for integration, following recent parliamentary approval by the German budget committee. Airbus, the prime contractor, will equip 15 German Eurofighters with electronic combat capabilities, ... Read More »

Dronamics and Qatar Airways Cargo sign cargo drone interline agreement

Thursday November 30, 2023
Dronamics cargo drone
Dronamics, the first cargo drone airline with a license to operate in Europe, and Qatar Airways Cargo have announced an interline agreement. The partnership marks the first interline agreement between an international airline and a cargo drone airline. The int... Read More »

Ferrovial sells its 25% stake in Heathrow Airport Holdings

Thursday November 30, 2023
Heathrow Airport, Terminal 5A
Ferrovial, a leading global infrastructure operator, has released that an agreement has been reached for the sale of its entire stake (c.25%) in FGP Topco, parent company of Heathrow Airport Holdings, for £2,368 million. The current book value of Ferrovial’... Read More »

European Commission greenlights €833 million state aid to recapitalise SAS

Thursday November 30, 2023
The European Commission has granted approval for a €833 million (SEK 9.5 billion) state aid measure for the recapitalisation of Scandinavian Airlines System (SAS), a decision made under the State aid COVID Temporary Framework. Originally notified by Denmark ... Read More »

FAA implements stricter aircraft certification policy following Boeing 737 MAX crashes

Thursday November 30, 2023
Boeing 737 MAX
The Federal Aviation Administration (FAA) has announced the adoption of a new aircraft certification policy, designating key flight control changes as “major.” This policy shift comes in response to the flight control system implicated in the fatal... Read More »

Ecojet partners with ZeroAvia for a sustainable future

Wednesday November 29, 2023
Ecojet has signed an agreement for up to 70 hydrogen-electric, zero-emission engines
Ecojet, the newly launched airline with a vision to be the green flag carrier of Britain, has entered into a strategic agreement with ZeroAvia. The collaboration aims to see the deployment of up to 70 hydrogen-electric engines, marking a significant step towar... Read More »
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