Having operated at a loss of US$43.5 million in 2018, the United Arab Emirates’ carrier flydubai has posted a profit of 198.2 million dirhams (US$54 million) for 2019, the reversal in fortune partially helped by a compensation agreement with Boeing over the grounding of the 737 MAX jet in which an interim settlement has been […]
flydubai back in profit with help from Boeing compensation Read More »
Safran Landing Systems and Lufthansa Technik have signed a long-term contract on A380 landing gear services. The two companies will combine their respective areas of A380 landing gear MRO expertise at their Singapore (Safran Landing Systems) and London (Lufthansa Technik) facilities to deliver optimized solutions that cover all aspects of the so-called superjumbo jet’s landing
Safran and Lufthansa Technik sign MRO partnership agreement for A380 landing gear Read More »
Ryanair Group (Ryanair and Lauda) has reported its traffic statistics for February 2020, reporting a traffic increase of 9% compared to the previous year and a load factor of 96%, the same as in February 2019. Since Ryanair has cancelled up to 25% of its Italian short-haul program (mainly to/from and within Italy) for the
Ryanair February traffic grows 9% Read More »
The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in cargo ton kilometers (CTKs), decreased by 3.3% in January 2020, compared to the same period in 2019. ”January marked the tenth consecutive month of year-on-year declines in cargo volumes. The air cargo industry started the year
Air Cargo demand down 3.3% in January 2020 Read More »
Lockheed Martin and the F-35 Joint Program Office have delivered the 500th F-35 aircraft. In February, the F-35 enterprise surpassed 250,000 flight hours. The 500th production aircraft is a U.S. Air Force F-35A, to be delivered to the Burlington Air National Guard Base in Vermont. The 500 F-35s include 354 F-35A conventional take-off and landing
Lockheed Martin delivers 500th F-35 aircraft Read More »
As of November 8, 2020, all Lufthansa Group flights will take off and land at the new Berlin airport, Berlin Brandenburg, BER. The kickoff is scheduled for October 31, 2020: over the course of a week, the flight operations of the German capital will move from Tegel Airport (TXL) to the new Berlin Brandenburg Airport
Lufthansa Group at Berlin Brandenburg airport Read More »
LCI, the aviation division of the Libra Group, has sealed new partnerships with two leading financial institutions as it continues to grow its fleet. The lessor has just taken delivery of a Leonardo AW169 helicopter with financing arranged from new partner, Investec. The state-of-the-art aircraft is being placed with a leading European provider of B2B
LCI seals new partnerships with two leading financial institutions Read More »
MAC Aero Interiors, a United Kingdom-based subsidiary of Magnetic MRO, has moved its production facility to Tallinn, Estonia. The new facility in Estonia’s capital was opened in January 2020 and publicly on March 4, 2020. Due to changes in the economic environment in the United Kingdom, the company has made the decision to support its
MAC Aero Interiors to establish new production facility in Estonia Read More »
Honeywell has completed ground testing and flight testing of the JetWave connectivity system in China on its Boeing 757 aircraft. This is a major milestone for Honeywell that will greatly increase its support of China’s in-flight, high-speed satellite communication. Based on proven performance and recognition in the market, JetWave is designed for the China’s Ka-band
Honeywell completes JetWave system testing for China Read More »
AerFin is once again placed on The Financial Times FT1000 fastest growing companies list as Europe’s fastest-growing Aerospace & Defence company, continuing a period of impressive growth for the business. The news follows the recently announced majority shareholder acquisition of AerFin by Danish private equity firm, CataCap and further underlines AerFin’s unique positioning in the
