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IAG reports full year 2016 profit up 29%

International Airlines Group reported operating profit before exceptional items for the year to December 31, 2016 of €2,535m (2015: €2,335m), up 8.6%. Net foreign exchange operating profit impact for the year adverse €460m. Revenue for the year was down 1.3% to €22,567m and passenger unit revenue for the year was down 5.4% at constant currency. Cash of €6,428m at December 31, 2016 was up €572m on 2015 year end. Adjusted net debt to EBITDAR improved 0.1 to 1.8 times. IAG reported profit after tax of €1,952m up 28.8% compared to the previous year.

SITA extends passenger touchpoints to two Canadian airports

Wednesday May 31, 2023

SITA is extending its passenger touchpoints to two additional Canadian airports

Expanding on a collaboration with three of Canada’s largest airports, SITA will extend the benefits of its passenger touchpoints to Regina International Airport and Region of Waterloo International Airport with the delivery of check-in and self-bag drop syst... Read More »

Nauru Airlines complete financing deal with HALO for purchase of 737-800SF

Wednesday May 31, 2023

Nauru Air Corporation (Nauru Airlines), the flag carrier of the Republic of Nauru, has concluded a financing deal with HALO AirFinance (HALO) for the purchase of one Boeing 737-800SF freighter. HALO is a joint venture between GA Telesis and Tokyo Century. “N... Read More »

SIA extends free unlimited Wi-Fi access to all travellers

Wednesday May 31, 2023

SIA will extend is free unlimited Wi-Fi to all travellers in all classes

Singapore Airlines (SIA) will extend the comprehensive free unlimited Wi-Fi access from July 1, 2023, to all travellers in all cabin classes, including Premium Economy Class and Economy Class. This enhanced Wi-Fi offering will be available virtually across the... Read More »

AEI receives Argentinian STC approval for B737-800SF freighter conversion

Wednesday May 31, 2023

Aeronautical Engineers (AEI) has released that Argentina’s Administración Nacional de Aviación Civil (ANAC) has approved AEI’s STC (ST02690LA) for the 12-pallet position B737-800SF freighter conversion. AEI has gained FAA, CAAC, EASA, TCCA, UK CAA, CAACI... Read More »

Eastar Jet takes delivery of Boeing 737-8 from BOC Aviation

Wednesday May 31, 2023

Eastar Jet has taken delivery of one Boeing 737-8 aircraft

Eastar Jet (Eastar) has taken delivery of one Boeing 737-8 aircraft on lease from BOC Aviation. The aircraft is powered by CFM LEAP-1B engines. “We are pleased to participate in Eastar’s growth story and to welcome it as a new customer as we continue to pr... Read More »

Qantas Group to establish AU$400 million climate fund

Wednesday May 31, 2023

The Qantas Group will establish an AU$400 million climate fund to provide direct investments in sustainability projects and technologies, as the airline works towards its emissions reduction targets. The Qantas Climate Fund, announced as part of the Group’s�... Read More »

Global Airlines takes step closer to becoming operational with acquisition of first A380

Tuesday May 30, 2023

Global Airlines is getting ready for launch this summer with its first Airbus A380

Global Airlines has announced that it is to acquire its first Airbus A380 from Doric Aviation, looking to redefine the long-haul travel experience for its passengers. The new carrier has chosen to purchase its first four aircraft, all A380s, as opposed to goin... Read More »

airBaltic receives 42nd Airbus A220-300 aircraft

Tuesday May 30, 2023

On May 27, airBaltic, the national airline of Latvia, celebrated the arrival of its 42nd Airbus A220-300 aircraft, bearing the registration YL-ABP, in Riga. This marked the third delivery of an Airbus A220-300 to airBaltic in 2023, as part of its order for a t... Read More »

Allegiant and IBT ratify dispatchers contract agreement

Tuesday May 30, 2023

Allegiant and the International Brotherhood of Teamsters (IBT), representing Allegiant dispatchers, have ratified a new contract agreement on a two-year extension to the union’s initial collective bargaining agreement. The tentative agreement, ... Read More »

Elbe Flugzeugwerke to supply Airspace L Bins for Airbus A320 family

Tuesday May 30, 2023

Elbe Flugzeugwerke will supply Airspace L Bins for the Airbus A320 family

Elbe Flugzeugwerke GmbH (EFW), competence centre for Airbus Aircraft Conversions (P2F) and for lightweight components, has been appointed by Airbus as supplier and manufacturer of upsized overhead bins, the Airspace L Bins, a new retrofit solution for single-a... Read More »

HAECO appoints Richard Sell as new Chief Executive Officer

Tuesday May 30, 2023

Richard Sell will assume the role of CEO for HAECO Group on July 1. 2023

HAECO Group, a leading global provider of aircraft maintenance, repair and overhaul services, has appointed Richard Sell as its new Chief Executive Officer. He will assume the role on July 1, 2023, succeeding Frank Walschot, who will remain as an advisor to ... Read More »

Swiss-AS and Volocopter sign landmark multi-year contract for AMOS

Tuesday May 30, 2023

Swiss Aviation Software (Swiss-AS) and Volocopter have co-signed a landmark multi-year contract for AMOS, Swiss-AS’s maintenance, repair, and overhaul (MRO) software. AMOS will be used to manage Volocopter’s electric vertical take-off and landing (eVTO... Read More »

AMETEK MRO AEM expands heat exchanger repair capabilities at Ramsgate, UK

Tuesday May 30, 2023

AMETEK MRO AEM, a provider of aviation MRO services, has expanded heat exchanger capabilities at its Ramsgate facility in the UK. This is due to increased customer demand from operators of A320, B737 and B757 aircraft fleets. These are all platforms currently ... Read More »

China’s equivalent to the A320 and B737, the COMAC C919 makes first commercial flight

Monday May 29, 2023

China’s first ‘home-grown’ commercial airliner the C919

Delivered to launch customer China Eastern Airlines in December 2022, and after considerable flight testing, the COMAC C919 has completed its first commercial flight. Built by Commercial Aircraft Corporation of China (COMAC) the narrow-body C919 left Shanghai ... Read More »

Embraer appoints Frederico Lemos CCO for Defense & Security international businesses

Monday May 29, 2023

Frederico Lemos has been appointed CCO for Defense & Security international businesses

Embraer has appointed Frederico Lemos to the position of Chief Commercial Officer (CCO) for international businesses of Embraer Defense & Security. Following the appointment of Bosco da Costa Junior as President & CEO of Embraer Defense & Security ... Read More »

Qantas prepares to bid farewell to Boeing 717

Monday May 29, 2023

All of QantasLink’s 20 Boeing 717s will be gradually replaced

Qantas will mark the end of an era with the departure of one of its Boeing 717 jets, the first of its type to be registered and flown in Australia. The departing 717 (registration VH-NXI) holds a special place in the Qantas Group’s modern history, having ope... Read More »

Boeing and ST Engineering sign P-8A Poseidon sustainment MoU

Monday May 29, 2023

Torbjorn Sjogren, VP and GM, Government Services, Boeing Global Services and Sarbjit Singh, President, Defence Aerospace, ST Engineering

Boeing and ST Engineering have signed a Memorandum of Understanding (MoU) to outline potential areas of collaboration in systems integration, training, local parts distribution, support and sustainment work for the P-8A Poseidon. Boeing and ST Engineering have... Read More »

Eve Air Mobility continues to advance eVTOL testing phase

Monday May 29, 2023

Eve Air Mobility began testing its vertical lift rotors aboard a new custom truck-mounted platform

Eve Air Mobility (Eve) has released that it continues to advance its electric vertical take-off and landing (eVTOL) testing phase as it makes strides toward key programme milestones. The various tests performed throughout this phase are part of Eve’s buildin... Read More »

ITA Airways takes delivery of first A330neo aircraft

Monday May 29, 2023

ITA has taken delivery of its first A330neo aircraft during a ceremony held in Toulouse, France

ITA Airways, Italy’s national carrier, has taken delivery of its first Airbus A330neo aircraft, on lease from Air Lease Corporation (ALC). The A330-900 will join the ITA Airways’ fleet in June to serve its long-haul routes and new intercontinental dest... Read More »

Lufthansa to acquire 41% stake in Italy’s ITA Airways

Friday May 26, 2023

Deutsche Lufthansa AG will acquire a minority stake in ITA Airways

Deutsche Lufthansa AG (Lufthansa) has agreed with the Italian Ministry of Economy (Ministero dell’Economia e delle Finanze, MEF) to acquire a 41% stake in ITA Airways through a capital increase of €325 million (£283 million). As part of the agreement, the... Read More »