The current and 13th in a series of strikes by Lufthansa pilots has been ordered to end by the regional labor court in the federal state of Hesse, Germany, which has overruled a decision made by a lower court on Tuesday evening which allowed today’s strike to go ahead. The court ruled that the pilots […]
Lufthansa pilots ordered by courts to end current strike Read More »
Ryanair issued a trading statement on September 9th, raising its full year net profit guidance by 25% from a current range of €940m to €970m to a new range of €1.175bn to €1.225bn due to stronger than expected peak summer traffic and prices as its “Always Getting Better” (AGB) customer experience programme continues to win
Ryanair raises full year profit guidance by 25% Read More »
Vistara, a TATA SIA JV and India’s fastest growing full service carrier, has signed a V-Services agreement to maintain its fleet of 26 V2500 engines. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney (UTX), Pratt & Whitney Aero Engines International GmbH,
Vistara signs V2500 engine V-Services agreement Read More »
Oman Air and Air Lease Corporation signed long term lease agreements for 14 jet aircraft. The lease agreements cover three new Boeing 737-800s, seven new Boeing 737-8MAXs, and one new Boeing 787-9, all from ALC’s order book with Boeing. This transaction also includes one used Boeing 737-700 (MSN 33103) and two used Boeing 737-800 aircraft
United Airlines announced Chief Executive Officer (CEO) Jeff Smisek resigned his position as CEO, president and chairman of the board of directors and named Oscar Munoz as new CEO. Munoz will also continue to serve on United’s board of directors. The board appointed Henry L. Meyer III, United’s lead independent director, to serve as non-executive
Jeff Smisek steps down, United Airlines names Oscar Munoz Chief Executive Officer Read More »
AAR a leader in airframe maintenance and supply chain solutions, and Korea Aerospace Industries (KAI), the largest original equipment manufacturer (OEM) and maintenance, repair and overhaul (MRO) provider for military aerospace customers in Korea, have signed a Memorandum of Understanding (MOU) to work together to establish a commercial aircraft MRO facility in South Korea. AAR’s
AAR signs MOU with KAI to help develop commercial MRO in South Korea Read More »
Dr. Jens Krueger will become Head of the Corporate Communications & Political Affairs at Lufthansa Technik AG in Hamburg. He succeeds Bernd Habbel, who retired on June 30th.
Werner Aero Services announced today that it has acquired an A320, powered by V2527-A5 engines, which was last operated by SilkAir of Singapore. The 12 year old aircraft will enter its disassembly process and all components will be used to support Werner Aero Services Airbus customers. The engines are available for immediate sale or lease.
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