Qantas has posted a full-year net loss of AU$1.964 billion for the financial year ended June 30. One of its largest ever losses, this one has been driven by impairment charges and restructuring costs intended to shore up the company during the pandemic. Alan Joyce, Qantas CE, confirmed that the carrier was operating among the […]
After a construction period of only five months, the new “Lufthansa Cargo Pharma Hub Munich” has opened at Munich Airport. It offers space for up to 96 pallets and loose cargo in two different temperature ranges (+2 to +8 °C and +15 to +25 °C) and a freezer (down to -18 °C) on almost 1000
Lufthansa Cargo opens pharma facilities in Munich and Chicago Read More »
After having received the final green light from the Ministry of Economic Development and the approval of the Supervisory Committee, Piaggio Aerospace and Banca Ifis have signed a contract for financing – in the form of an advance on contracts and factoring operations – for a total amount of €30 million. “The agreement, reached at
Piaggio Aerospace gets financing from Banca Ifis for €30 million Read More »
Aviation Clean Air (ACA), a partner with experience in the aviation industry, specifically in the environmental purification field, and Satair, an Airbus services company, have signed a commercial agreement for the distribution of ACA’s Air Ionization and Purification System applicable for all aircraft types. ACA offers the only proactive system that immediately improves interior air
Satair signs commercial agreement with Aviation Clean Air Read More »
Lufthansa Technik AG handed over the first of three new Airbus A350-900s to the German Armed Forces. During a small ceremony in Hamburg, Minister of Defence Annegret Kramp-Karrenbauer took a first look at the future flagship of the Federal Ministry of Defence’s (BMVg) Special Air Mission Wing. On the way to the final operational readiness
BOC Aviation has reported net profit after tax (NPAT) of US$323 million in the first half of 2020, an increase in both NPAT and earnings per share compared with the same period last year. Total revenues and other income rose at around the same pace as its total assets in the first half of 2020,
BOC Aviation reports increased net profit for first half of 2020 Read More »
