To date, Ryanair, Europe’s largest low-cost carrier, has launched 16 lawsuits against the European Commission in relation to state aid it has allowed for individual carriers such as Lufthansa, KLM, Austrian Airlines and TAP, as well as national schemes that mainly benefit flag-carrying airlines. Ryanair feels that what, to all intents and purposes, is financial …
Airbus has reported consolidated full-year 2020 financial results. Net commercial aircraft orders totalled 268 (2019: 768 aircraft) with the order backlog comprising 7,184 commercial aircraft as of December 31, 2020. Airbus Helicopters booked 268 net orders (2019: 310 units), including 31 NH90s for the German Bundeswehr in Q4 and 11 H160s. Airbus Defence and Space’s …
Airbus posts consolidated full-year 2020 financial results Read More »
ORIX Aviation Systems have been appointed as the exclusive remarketing agent in respect of a package of 14 aircraft, consisting of 12 B737 MAX-8 (LEAP 1B engines) and two B787-9 (Trent 1000 engines), on behalf of the secured financiers of the aircraft. All 14 aircraft are currently leased to Norwegian Air Shuttle. ORIX Aviation was …
ORIX Aviation signs service agreement for package of 14 B737 MAX8 and B787-9 aircraft Read More »
Following a previously secured agreement with Scandinavian Airlines in late July 2020, Aviator Airport Alliance AB successfully launched the start-up of ground handling operations for the airline across multiple airports in Norway. Over the next five-year period, which commenced February 1, 2021, Aviator will be the provider of ground handling and de-icing services for SAS …
Aviator expands market presence with SAS startups in Norway Read More »
The Qantas Group has announced the future locations of its flight simulators, with pilots to be trained in Brisbane, Sydney and Melbourne. The relocation has been triggered by the need for Qantas to move its current simulator center from Mascot in Sydney to make way for a major roads project. This process has subsequently formed …
Qantas to build new flight training center at Brisbane Airport Read More »
MTU Aero Engines AG has presented its preliminary figures for 2020: revenue was €3,977 million, compared with €4,628 million in 2019. The operating profit was €416 million (2019: €757 million) and the EBIT margin was 10.5% (2019: 16.4%). Net income was €294 million in 2020, compared with €538 million in 2019. “Our swift and decisive …
MTU Aero Engines reports net income of €294 million for 2020 Read More »
