30 April 2019

After weak first quarter Lufthansa Group expects to increase unit revenues in second quarter

Following a weak first quarter of 2019 that resulted in an Adjusted EBIT for the period of EUR -336 million, Lufthansa expects to see substantially improved trends in the rest of the year. “Overcapacities, especially on short- and medium-haul European routes, substantially depressed our first-quarter earnings,” says Ulrik Svensson, Chief Financial Officer of Deutsche Lufthansa […]

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Bombardier unveils Soleil Lighting System on its Global 7500 aircraft

Bombardier Business Aircraft has unveiled the Soleil lighting system, the advanced cabin lighting technology, on the Global 7500 business jet. Designed and developed exclusively for the Global 7500 aircraft, the innovative Soleil lighting system is aviation’s first circadian rhythm-based cabin lighting technology fully integrated with the Flight Management System, and it introduces the Dynamic Daylight

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MTU Aero Engines reports profitable growth in the first quarter of 2019

In the first quarter of 2019, MTU Aero Engines AG saw its revenues increase by 11% from €1,016.4 million to €1,131.2 million. The group’s operating profit grew by 7% to €187.6 million (1-3/2018: €175.1 million), resulting in an adjusted EBIT margin of 16.6% (1-3/2018: 17.2%). Net income increased in line with EBIT adjusted, rising by

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S7 Technics’ aircraft painting centre completes its 100th order

S7 Technics’ Mineralnye Vody-based aircraft painting centre has reached its first significant milestone by completing the re-painting of its 100th aircraft. Some 250,000 man-hours, about 30,000 litres of paint and 60,000 litres of accompanying chemicals (solvents, paint removers, etc.), as well as more than 300,000 abrasive disks were required for the aircraft painting centre to

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GE Aviation and Auterion team to provide all-in-one hardware and software platform for commercial drones

GE Aviation and Auterion have announced the integration of the Auterion Enterprise PX4 operating system on GE Aviation’s Unmanned Aircraft System avionics platform. They have shown their commitment by signing a teaming agreement to provide a comprehensive hardware and software solution for drone manufacturers and operators seeking to enable commercial drone operations at scale. The

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Gulf Air signs with five French companies during royal visit to France

Gulf Air, the national carrier of the Kingdom of Bahrain, has ceremonially signed a number of agreements with French based companies during His Majesty King Hamad bin Isa Al Khalifa, the King of Bahrain’s visit to France. The airline has signed with Airbus during the Bahrain International Airshow 2016 for an order of 12 A320neo

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