April 26, 2018

Lufthansa Group continues successful development in first quarter 2018

The Lufthansa Group continues its successful path in the first quarter of 2018. The Group’s Network Airlines increased their Adjusted EBIT margin by 3.2 points to 2.4% in what is traditionally the weakest quarter for all airlines. Lufthansa Cargo achieved a strong Adjusted EBIT margin improvement: up 4.3 points to 10.1%. These improved earnings were […]

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Fraport and Swissport sign lease agreement for new cargo warehouse

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Fraport AG and Swissport have signed a long-term lease agreement for a new air cargo facility in CargoCity South at Frankfurt Airport (FRA). Fraport is developing a new custom-built air cargo warehouse for Swissport at CargoCity South. The facility will have a surface of 16,900 m², with an additional 2,200 m² to be used as

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Rockwell Collins’ new Aspire™ seats taking flight on United Airlines 777-200 fleet

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Rockwell Collins’ new Aspire™ widebody economy seat has entered service on a United Airlines’ Boeing 777-200 aircraft, the first in a 55 shipset retrofit program that begins delivery this spring. Aspire offers an improved, patented comfort system with an advanced kinematic mechanism that cradles the passenger during recline while preserving maximum living space for each

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Norwegian posts first quarter loss

Financial / Leave a Comment

Norwegian has reported its first quarter earnings for 2018 with a result of NOK-46.2m (£-4.16m). The quarter was characterized by international expansion, strong passenger growth and higher fuel cost. A successful private placement of shares was completed this quarter. The net result was NOK-46.2m, compared to NOK-1,491.5m the same quarter previous year. The net result

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Boeing signs global distribution agreement for GE Aviation T700 engines

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Boeing, through its subsidiary Aviall, has signed a multi-year parts distribution agreement with GE Aviation to support the T700 engine. Under this agreement, Aviall will market and distribute components needed to support the maintenance, repair and overhaul of the GE T700 engine models that power civil and international military helicopters for customers in more than

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American Airlines’ first-quarter 2018 profit down on higher fuel prices

Financial / Leave a Comment

American Airlines Group has reported its first-quarter 2018 results with Pre-tax earnings excluding net special items of US$468m, a US$193m decrease from the first quarter of 2017. First-quarter 2018 total revenue increased 5.9% year-over-year, to US$10.4bn. Passenger revenue per available seat mile (PRASM) grew in all geographic regions, with notable strength in Latin America. Cargo

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SIA Engineering signs services agreement with SilkAir for Boeing 737 MAX aircraft

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SIA Engineering Company has announced the signing of a comprehensive Services Agreement with SilkAir (Singapore) for its latest fleet of Boeing 737 MAX aircraft. The Company currently has existing Services Agreements with SilkAir for its Airbus A320 and Boeing 737-800 aircraft. The new agreement for the 37 Boeing 737 MAX aircraft is for a term

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Airbus and Rolls-Royce sign UltraFan engine integration collaboration agreement

Aircraft & Engines / Leave a Comment

Airbus and Rolls-Royce have signed a collaboration agreement for the integration of Rolls-Royce’s UltraFan® demonstrator for flight testing. The integration solutions demonstration will be co-funded by Clean Sky 2, the European Union research programme focused on developing technology to reduce emissions. UltraFan is a scalable jet engine design suitable for widebody or single-aisle aircraft and

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Exclusive DOA project for Magnetic MRO’s first Airbus A321neo engagement

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Magnetic MRO has successfully completed its first ever Airbus A321neo service delivery on the basis of a seat modification project supported by the company’s EASA approved DOA services. Right after the low-cost carrier Primera Air took delivery of its first Airbus A321neo in April 2018, it was flown to Tallinn for Magnetic MRO to proceed

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Fuzhou Airlines selects Sabre as first foreign Global Distribution System

Airlines & Routes / Leave a Comment

Sabre Corporation, the technology provider to the global travel industry, has signed a new distribution service agreement with Fuzhou Airlines, making Sabre the carrier’s first global distribution system provider based outside of China. Operating as a joint venture of Hainan Airlines out of Fuzhou Changle International Airport, Fuzhou Airlines is a fast-growing Chinese carrier that

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Lufthansa Group continues successful development in first quarter 2018

Fraport and Swissport sign lease agreement for new cargo warehouse

Rockwell Collins’ new Aspire™ seats taking flight on United Airlines 777-200 fleet

Norwegian posts first quarter loss

Boeing signs global distribution agreement for GE Aviation T700 engines

American Airlines’ first-quarter 2018 profit down on higher fuel prices

SIA Engineering signs services agreement with SilkAir for Boeing 737 MAX aircraft

Airbus and Rolls-Royce sign UltraFan engine integration collaboration agreement

Exclusive DOA project for Magnetic MRO’s first Airbus A321neo engagement

Fuzhou Airlines selects Sabre as first foreign Global Distribution System

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26 April 2018

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