Having posted its worst-ever quarterly loss, British Airways (BA), part of IAG, has announced its intention to lay off over 25% of its 45,000-strong workforce. Alex Cruz, BA CEO, has written to staff making it clear that there is little point in continuing with the U.K. government furlough scheme where 80% of staff wages up […]
Crisis at British Airways as U.K.s flag carrier plans to lay off 12,000 staff Read More »
Orders for the ground-use air and surface purification system developed by Aviation Clean Air (ACA) and International Aero Engineering (IAE) continue to accelerate, as the companies have ramped up to effectively meet customer demand. Since production of the Ion Distribution Unit for Ground Use Only began in March, a large number of units are being
ACA/IAE keep pace with demand for aircraft interior decontamination unit Read More »
Boeing has posted first-quarter revenue of US$16.9 billion, a net loss which amounted to US$641 million, primarily reflecting the impacts of COVID-19 and the 737 MAX grounding. Boeing recorded operating cash flow of US$-4.3 billion. As the pandemic continues to reduce airline passenger traffic, Boeing is seeing significant impact on the demand for new commercial
Boeing posts first-quarter net loss of US$641 million, will reduce workforce Read More »
DRA – Deutsche Regional Aircraft GmbH and sister company 328 Support Services GmbH, have appointed Martin Nüsseler as their Chief Technology Officer. Leveraging his significant aviation industry experience, Nüsseler is responsible for product strategy, technology road map and oversight of the engineering development team. Nüsseler joins after 17 years with Airbus – the last five
DRA – Deutsche Regional Aircraft GmbH appoints new Chief Technology Officer Read More »
In the first quarter of 2020, MTU Aero Engines generated revenue of €1,272.7 million, an increase of 13% compared with the prior-year period (2019: €1,131.2 million). The operating profit declined by 3% from €187.6 million to €181.8 million due to the revenue mix. The adjusted EBIT margin was 14.3% (2019: 16.6%). Adjusted net income was
MTU Aero Engines presents figures for first quarter of 2020 Read More »
Despite adjustments to various procedures while on board an aircraft, social distancing is not always possible. Therefore, in order to increase the protection of passengers and crew from the transmission of the Covid-19 virus, beginning Monday, May 4, the airlines of the Lufthansa Group are requiring that all passengers wear a facial mouth/nose covering for
Facial coverings now mandatory when flying with Lufthansa Group Read More »
AvAir, an industry leading inventory solutions provider for the aviation aftermarket, and Lufthansa Technik have signed a long-term aftermarket sales agreement. AvAir has purchased the majority of Lufthansa Technik’s overstock of rotable spares inventory. The Arizona-based company acquired 9,000 line items, comprising of components including IDGs (Integrated Drive Generator), FADECs (Full Authority Digital Engine Control)
AvAir and Lufthansa Technik sign aftermarket sales agreement Read More »
Don Milum, U.S. Senior Sales Manager for Universal Avionics (UA), has announced the appointment of John Berizzi and John Wasmund to the U.S. sales team. John Berizzi joins the company as South-Central U.S. Regional Sales Manager and John Wasmund as Southwest U.S. Regional Sales Manager. John Berizzi is based out of UA’s office in Duluth,
Universal Avionics welcomes John Berizzi and John Wasmund to U.S. sales team Read More »
