A consortium led by Leonardo has signed a €150 million contract to upgrade the baggage handling systems at Zurich Airport. The contract, which is worth approximately €120 million to Leonardo, is one of the largest in recent years in the European baggage handling field. This important achievement has drawn on Leonardo’s exclusive cross-belt technology, which […]
Avolon, the international aircraft leasing company, has placed five Airbus A320neo aircraft with Cebu Air, operating as Cebu Pacific (CEB). Upon placement, Avolon will have eight aircraft on lease to Cebu Air, comprising five A320neo aircraft and three A330 aircraft. Deliveries of the A320neo will commence in H1 2019 and will be completed within the
Avolon confirms placement of five Airbus A320neo with Cebu Air Read More »
JetBlue with its pilots, represented by the Air Line Pilots Association, Int’l (ALPA), have announced the ratification of a four-year contract. With 98% of eligible pilots voting, 74% cast ballots in favor of the agreement. The contractual terms, including market competitive pay rates, per diems and 401(k) provisions, will be effective August 1, 2018. Negotiations
JetBlue pilots approve four-year agreement Read More »
MTU Aero Engines generated revenues of €2,148.6 million in the first six months of 2018, up 9 % on the previous year (1-6/17: €1,977.0 million). The group’s operating profit increased by 13% from €296.3 million to €334.6 million, resulting in an EBIT margin increase from 15.0% to 15.6%. Earnings after tax also increased by 13%
MTU Aero Engines issues higher and more concrete forecast at half-year Read More »
