The resurgence of the coronavirus across parts of Europe has further hit airlines as long-haul routes and business travel remain stagnant. Germany’s Lufthansa has been particularly hard hit through its particular reliance on demand for Asian flights and now anticipates operating at between 20% and 30% capacity for the fourth quarter of the year. As […]
Lufthansa to make even greater cuts to fleet and staffing levels Read More »
Airbus has revealed three concepts for the world’s first zero-emission commercial aircraft which could enter service by 2035. These concepts each represent a different approach to achieving zero-emission flight, exploring various technology pathways and aerodynamic configurations in order to support the Company’s ambition of leading the way in the decarbonization of the entire aviation industry.
Airbus reveals three concepts for world’s first zero-emission commercial aircraft Read More »
Embraer has announced the delivery of a Phenom 100EV and a Phenom 300E to two separate Brazilian customers, marking the company’s 250th business jet delivery in Latin America. The Phenom 100EV was delivered to an undisclosed industrial company, which selected the aircraft to maintain crucial business operations during the COVID-19 pandemic. The Phenom 300E was delivered
Embraer achieves 250th business jet delivery milestone in Latin America Read More »
The commercial aircraft leasing market is set for considerable turmoil in 2021 with over 1,000 aircraft set to be returned to lessors without clear options for onward placement. In a webinar IBA outlined how around 1,300 aircraft, including 200 widebodies, had been scheduled (prior to the COVID-19 pandemic) to be returned to its lessors in
Over 1,000 aircraft set to return to lessors in 2021 without new homes says IBA Read More »
Regional Express Holdings (Rex) has signed a long-form term sheet and is in advanced exclusive negotiations with PAG Asia Capital (PAG), a leading Asia-Pacific-focused investment firm, regarding an investment by PAG of up to AU$150 million (US$210 million) to be used exclusively to support the launch of Rex’s domestic major city jet operations scheduled to
REX in exclusive funding negotiations for domestic major city operations Read More »
Effective October 1, 2020, SR Technics’ design engineering solutions department will be transferred to groWING.aero, as part of a sale that ensures the continuity of these services. This is due to the industry-wide COVID-19 crisis and the changing market environment where SR Technics has decided to focus on engine services and line maintenance in Switzerland.
SR Technics sells design engineering solutions to groWING.aero Read More »
Chorus Aviation has delivered one new Airbus A220-300 aircraft to airBaltic of Latvia. The aircraft (MSN 55086) is the third of five units to be placed on long-term lease with the airline through a committed sale and leaseback transaction. The two remaining aircraft are expected to be delivered later this year. airBaltic has safely resumed
Chorus Aviation delivers third Airbus A220-300 aircraft to airBaltic Read More »
Boeing, Honeywell Aerospace and Rolls-Royce Deutschland have reached an agreement to providein-service support of the T-55 engine should the government of Germany select the H-47 Chinook for its Schwerer Transporthubschrauber (STH) heavy-lift helicopter requirement. Since the forming of the Chinook Germany Industry Team in 2018, originally comprised of nine German companies, Boeing continues to build
Boeing, Honeywell and Rolls-Royce Deutschland partner to service H-47 Chinook engines Read More »
