Having lost an estimated US$50 billion a year in revenue since the COVID-19 pandemic began, Thailand is readying itself for the rebooting of its previously strangled tourist industry now the country is once again open, albeit for vaccinated travellers. Not so much a lack of demand but tight restrictions for those wishing to visit Thailand […]
Thailand readies itself for influx of tourists with airport dry-run Read More »
Bombardier has released its financial results for the third quarter of 2021. The company is pleased with continued execution on its strategic initiatives, cash flow generation and order momentum driving the financial results of the quarter. Business jet revenues of US$1.4 billion are up 17% year-over-year, propelled mainly by an improved delivery mix, with higher
Bombardier reports business aircraft revenues of US$1.4 billion for third quarter 2021 Read More »
Towards a greener future, DB Schenker and Lufthansa Cargo will extend their weekly CO2-free freighter flights between Frankfurt and Shanghai. The joint mission will be continued throughout the entire winter flight schedule until March 2022. Now Nokia has signed up to the initiative. Every week, the global telecommunication network provider will avoid greenhouse gas emissions
DB Schenker, Lufthansa Cargo and Nokia join forces on CO2-neutral air freight Read More »
In the first nine months of 2021, MTU Aero Engines AG generated stable revenue and earnings. Revenue was €3,008 million, compared with €2,957 million in the first nine months of 2020. The operating profit was €307 million; in the prior-year period it was €311 million. The adjusted EBIT margin was 10.2% (1-9/2020: 10.5%). Net income was almost unchanged year-on-year at
MTU Aero Engines generated stable revenue and earnings in the first nine months of 2021 Read More »
Airbus has reported consolidated financial results for the nine months ended 30 September 2021. “The nine-month results reflect a strong performance across the company as well as our efforts on cost containment and competitiveness. As the global recovery continues, we are closely monitoring potential risks to our industry. We are focused on securing the A320
Airbus reports nine-month 2021 results Read More »
Inmarsat, a leader in global, mobile satellite communications, has announced that Philippe Carette will be joining the company as president of its Aviation Business Unit on November 22, 2021. Carette joins Inmarsat from Thales, where he had held several roles since joining the company in 2013. This includes the position of CEO of Thales’ InFlyt Experience Business Line (IFE), where
Inmarsat appoints Philippe Carette as President of Aviation Business Unit Read More »
DRAKKAR Aerospace & Ground Transportation, a Canada-based company and Argo Aviation Group, a company formed in Germany, have announced the creation of a joint venture to provide mobile repair services dedicated to the Americas under a new entity called Argo MRT Americas Inc. Argo MRT Americas will offer industry-leading mobile repair services to OEM’s, operators,
DRAKKAR Aerospace & Ground Transportation and Argo Aviation Group form joint venture Read More »
