9 August 2021

1,000 jobs at risk in Germany if Airbus can’t hive off Premium Aerotec

Europe’s Airbus has warned that if it is unable to hive off its small parts manufacturing business Premium Aerotec, then it will be forced to reduce that company’s workforce by approximately 1,000 out of its current 2,500 staff according to REUTERS news agency. Four months ago Airbus outlined plans for a company shake-up which included […]

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Panasonic Avionics launches full cabin 4K in-flight entertainment system with Cathay Pacific

Panasonic Avionics has launched the first full-cabin 4K ultra-high-definition in-flight entertainment (IFE) with Cathay Pacific Airways (Cathay Pacific). Its 4K screens are taking to the skies on the airline’s new fleet of Airbus A321neo aircraft, incorporating on-demand services with one of the largest movie and TV libraries available on a regional single-aisle aircraft. The rollout

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Aergo Capital completes acquisition of two wide-body aircraft by way of sale-and-leaseback with Iberia

Aergo Capital has completed the sale-and-leaseback of two Airbus A330-200 aircraft, bearing manufacturers serial numbers 1864 and 1882. Both aircraft are subject to long-term leases with Iberia. Fred Browne, Chief Executive Officer of Aergo, commented: “We are extremely happy to partner with Iberia and further strengthen our relationship with IAG by adding one more carrier to

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Rolls-Royce reports good start to the year with improving cash flow and profits

Rolls-Royce Group’s underlying revenue from continuing operations for the first half year of 2021 was £5.2 billion, down 2%, which reflected a more balanced contribution from the business units compared with the same prior-year period. It included a positive £160 million Civil Aerospace LTSA revenue catch-up compared with a £(866) million negative revenue catch-up in

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Frontier Airlines’ employees have to be fully vaccinated against COVID-19 by October 1

Frontier Airlines has announced a policy for all direct employees to be fully vaccinated against COVID-19 by October 1, 2021. The latest action comes as COVID-19 cases – specifically of the Delta variant – have rapidly increased throughout the U.S. “As we continue to watch the rapid increase of new COVID-19 cases across the United

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Spirit AeroSystems reports improved second-quarter 2021 results

Spirit AeroSystems second quarter of 2021 revenue was US$1.0 billion, up 55% from the same period in 2020, primarily due to higher production deliveries on the Boeing 737 and Airbus A320 programs and increased revenue from the recently acquired A220 wing and Bombardier programs. These increases were partially offset by the lower wide-body production rates

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JetBlue and Spirit Airlines have terminated their merger plans

JetBlue intents to keep headquarters in New York City

JetBlue, New York’s Hometown Airline®, has announced plans to double down on its commitment to New York by maintaining its headquarters in the city and advancing plans to expand its flagship terminal at John F. Kennedy International Airport (JFK). These initiatives further strengthen JetBlue’s presence in New York, where it has already announced plans to

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