8 September 2021

Philippine Airlines to return aircraft and delay deliveries as it files for Chapter 11

Flag-carrying Philippine Airlines has filed for Chapter 11 bankruptcy protection in the U.S. and while debt restructuring and financial reorganization take place, the troubled carrier does not see the arrival at a viable solution by the end of this year. Like many carriers worldwide, Philippine Airlines has been badly hit by the effects of the …

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Boeing names Matt Welch Investor Relations leader

Boeing has named Matt Welch as vice president of Investor Relations. Welch will succeed Maurita Sutedja, who has accepted an opportunity outside of Boeing following more than a decade of leadership within several finance roles at Boeing. Welch’s appointment is effective immediately. Welch will lead Boeing’s interactions with the investment community, providing shareholders and financial …

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Airbus delivers first UH-72B Lakota helicopter to the U.S. Army National Guard

Airbus Helicopters has delivered the first UH-72B, the latest variant of its Lakota helicopter, to the U.S. Army National Guard from its production facility in Columbus, Mississippi, which employs a workforce of nearly 250 employees that is made up of 40% U.S. veterans This delivery is the first of 18 UH-72B Lakota helicopters currently on …

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Stratos promotes David Goring-Thomas to Chairman and Lourens Geldenhuys to CFO

Stratos has announced the promotion of David Goring-Thomas to Chairman and Lourens Geldenhuys to Chief Financial Officer. Goring-Thomas has spent the past year working as a senior advisor for Stratos prior to which he spent over 20 years at DVB Bank, for the most part as Global Head of Aviation. He served as board member …

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BBAM and Lufthansa Cargo sign leases for two Airbus A321P2F aircraft

BBAM Limited Partnership (BBAM) and Lufthansa Cargo have signed an agreement for the lease of two Airbus A321 passenger-to-freighter (P2F) aircraft on long-term leases. The Airbus A321P2F aircraft will be leased to Lufthansa Cargo on long-term leases from BBAM. Lufthansa Cargo wants to offer customers in the eCommerce segment fast intra-European connections. With the converted …

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Bangalore International Airport appoints Plaza Premium Group to reinvent passenger services

Plaza Premium Group (PPG) has been appointed by Bangalore International Airport Limited (BIAL) to manage Passenger Services at the Kempegowda International Airport, Bengaluru, India (KIAB/BLR Airport). This is in line with BIAL’s vision to provide delightful travel experiences at BLR Airport. The ten-year full-service management appointment covers the entire portfolio of BLR Airport’s 22 services. …

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