Total revenues for the Lufthansa Group in 2017 amounted to €35.6 billion, a 12.4 percent increase compared to 2016. The Adjusted EBIT of €2.97 billion was a substantial 69.7 percent year-on-year improvement. An 8.4 percent Adjusted EBIT margin was up 2.9 percentage points compared to 2016. EBIT for 2017 increased more than €1 billion to […]
Lufthansa Posts Groups Best Ever Annual Results Read More »
MTU Maintenance, the MRO division of MTU Aero Engines AG, has secured over US$3.7bn in contract wins in 2017, an impressive US$1.5bn more than in 2016, making 2017 the most successful year of the company in its history yet. In addition to significant contract wins, the MTU Maintenance network of facilities carried out over 1,000
MTU Maintenance secures contracts worth US$3.7bn in 2017 Read More »
AJW Group has secured a power-by-the-hour (PBH) contract with new Argentinian low-cost carrier, Flybondi.com. The long-term contract, which covers their rapidly expanding fleet of B737-800 aircraft, will see AJW use its expertise to manage the complete supply, repair and overhaul of Flybondi.com’s rotable components. This will ensure that Flybondi.com’s customers benefit from improved efficiency thanks
AJW Group awarded new PBH contract with Argentina’s first low cost airline, Flybondi.com Read More »
Boeing, through its subsidiary Jeppesen, has reported the continued integration of data services for business aviation operators with the introduction of Jeppesen’s global digital terminal chart data to the Honeywell GoDirect Flight Bag Pro electronic flight bag platform. The Honeywell GoDirect Flight Bag Pro app allows business aviation pilots to create flight plans, view weather
Finnair will lease an Airbus A320 aircraft and flight deck crew from the Lithuanian airline GetJet to support Finnair’s growing traffic from summer 2018 to early 2019. The leased GetJet aircraft will operate some of Finnair’s flights from Helsinki to Budapest, Berlin, Vienna, Prague, Krakow and Pafos between 8.6.2018 and 7.1.2019. The pilots will be
Finnair to lease one A320 aircraft and pilots from GetJet Read More »
Independent aircraft leasing company AeroCentury has announced that shareholders of JetFleet Holding Corp. (JHC) have approved the acquisition of JHC by the Company pursuant to the terms of the definitive Agreement and Plan of Merger (Merger Agreement) between the Company and JHC. JHC is the parent of JetFleet Management Corp. (JMC), which has managed the
JetFleet shareholders approve acquisition by AeroCentury Read More »
FAI Technik GmbH, part of the FAI Aviation Group, has signed a dealership agreement with Rockwell Collins to become one of its accredited dealers. Effective immediately, the agreement means FAI Technik can sell, install and maintain Rockwell Collins’ avionics and cabin electronics equipment from its headquarters at Albrecht Dürer International Airport in Nuremberg, Germany. The
FAI Technik GmbH becomes authorised Rockwell Collins dealer Read More »
The GE9X engine lifted off on March 13 under wing of GE Aviation’s 747 flying testbed in Victorville, California, for its first flight test. The engine that will power Boeing’s new 777X aircraft took to the air around 10:40 a.m. Pacific standard time and flew for more than four hours on its first flight. During
GE9X engine goes airborne Read More »
It was announced on March 14, at the DIMDEX Exhibition in Doha that Leonardo, a state-controlled, global high-tech company headquartered in Italy and a key player in Aerospace, Defence, and Security is to take the lead role in a €3 billion (US$3.7 billion) 28-helicopter deal with the Qatar Ministry of Defence. The deal is for
Leonardo to Take Lead Role in €3bn Qatar Helicopter Deal Read More »
