Despite having been taken over by a consortium of businesses less than a year ago, Flybe, which handles over half of all U.K. domestic flights outside of London, is fighting for its survival, with wide speculation that the low-cost domestic carrier is about to fold. When Virgin Atlantic Cyrus Capital and Stobart Group bought the […]
Flybe trying to dismiss talk of its imminent collapse Read More »
In 2019, the airlines of the Lufthansa Group carried a total of 145 million passengers on board. This represents an increase of 2.3% compared to the previous year. With around 1.2 million flights the seat load factor amounted 82.5%. This represents an increase of 1.0 percentage point. The network airlines recorded an increase in the
Lufthansa Group Airlines welcome more than 145 million passengers on board in 2019 Read More »
Spirit AeroSystems has issued a notice under the Worker Adjustment and Retraining Notification Act of layoffs affecting approximately 2,800 employees at its Wichita, Kansas facility. Spirit is taking this action because of the 737 MAX production suspension and ongoing uncertainty regarding the timing of when production will resume and the level of production when it
Spirit AeroSystems to lay-off 2,800 employees at Wichita, Kansas facility Read More »
Gulfstream Aerospace has promoted Matt Baer to regional vice president of sales for the northeastern U.S. and eastern Canada. Baer joined Gulfstream in the spring of 2019 as a regional sales manager for the northeastern region. Prior to that, he was a vice president of global corporate aircraft finance with Bank of America Merrill Lynch.
Gulfstream names Matt Baer Regional Vice President Read More »
Over the last five years, Rolls-Royce has been pioneering world-first technology that will contribute to the U.K.’s next-generation Tempest program. In an aim to be more electric, more intelligent and to harness more power, Rolls-Royce recognized that any future fighter aircraft will have unprecedented levels of electrical power demand and thermal load; all needing to
Rolls-Royce develops technology for next-generation Tempest program Read More »
The BelugaXL has entered into service, providing Airbus with 30% extra transport capacity in order to support the on-going production ramp-up of commercial aircraft programs. The aircraft, which is an integral part of Airbus’ industrial system, made its first operational flight on January 9. This is the first of six BelugaXLs to begin work alongside
BelugaXL enters into service Read More »
Magnetic MRO has received the Civil Aviation Administration of China (CAAC) certification, proving the company has qualifications and meets local regulatory requirements for the maintenance, repair and overhaul organizations. Obtaining this certification allows the company to expand its capabilities and provide maintenance service on Chinese-registered aircraft and its engines. The CAAC certification complements the European
Magnetic MRO receives CAAC certification Read More »
Munich Airport has released that 2019 total traffic increased by 1.7 million, or four percent, to 47.9 million passengers. For the Bavarian hub, this result represents the tenth consecutive record-setting year for total passenger traffic. The number of take-offs and landings was up by around one percent to over 417,000 aircraft movements. Airlines substantially increased
Munich Airport passenger figures up by 4% in 2019 Read More »
Chorus Aviation Capital (CAC) has added a total of 34 on-lease aircraft in 2019. With this strong market performance, CAC’s third-party lease portfolio has now reached 64* aircraft. Year-end, and previously unannounced transactions, include the acquisition of two mid-life Dash 8400 aircraft (MSN 4300 and MSN 4301) on lease to Croatia Airlines and an additional
Chorus Aviation Capital adds 34 on-lease aircraft in 2019 Read More »
Starting today, David L. Calhoun is taking the helm at the Boeing company. He oversees the strategic direction of the Chicago-based aerospace company, with roughly 150,000 employees across the United States and in more than 65 countries. Calhoun has served as a member of Boeing’s board of directors since 2009 and served as chairman of
David L.Calhoun new President and Chief Executive Officer of Boeing Read More »
