May 6, 2022

Lufthansa eyes record summer for holiday travel after positive 1Q 2022 results

Despite a slow start to the year due to the Omicron variant of the COVID-19 pandemic, Lufthansa saw a noticeable increase in customer demand, particularly in March, for both holiday travel and also the business travel segment. Compared to the previous year, the Group more than doubled revenue to €5.4 billion (1Q 2021: €2.6 billion). […]

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Atlas Air Worldwide reports strong first-quarter 2022 results

Financial

Atlas Air Worldwide Holdings has reported first-quarter 2022 net income of US$81.5 million, compared to US$89.9 million in 2021 (which included US$40.9 million, US$31.9 million after tax, of CARES Act grant income). On an adjusted basis, EBITDA totaled US$202.8 million in the first quarter of 2022 compared to US$181.3 million in the prior-year period. For

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Avion Systems acquires Grecco Aerospace

Financial

Avion Systems of Ft. Lauderdale, FL., has acquired Grecco Aerospace of Miami, FL. (Grecco) and formed Avion Repair Services Inc. (ARS). Grecco Aerospace, an FAA/EASA accredited aviation repair facility has capabilities to overhaul and repair commercial components specifically pneumatic, hydraulic and fuel related for Boeing and Airbus platforms. The management team lead by Kirenia Bustillo

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Boeing to move headquarters to Northern Virginia

Uncategorized

Boeing has announced that its Arlington, Virginia campus just outside Washington, D.C. will serve as the company’s global headquarters. The aerospace and defence firm’s employees in the region support various corporate functions and specialize in advanced airplane development and autonomous systems. In addition to designating Northern Virginia as its new headquarters, Boeing plans to develop

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EU Wings & AliPlan sign up for Rusada’s ENVISION

Information Technology

Italian line maintenance specialist EU Wings and sister company AliPlan, a provider of CAMO and engineering services, have both signed up to use Rusada’s ENVISION software for their airworthiness and maintenance. EU Wings, based in Verona, provides line maintenance services to customers across Europe, Africa, and Asia, assisting with scheduled maintenance, component replacement, minor repair,

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DAE names Sinan Kahya CFO and Melissa Closa CAO

People

Dubai Aerospace Enterprise (DAE) has announced the following two promotions with an effective date in the third quarter of 2022: Sinan Kahya has been promoted to the role of Chief Financial Officer, reporting to the Chief Executive Officer and Melissa Closa has been promoted to the newly created role of Chief Accounting Officer, reporting to

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Bombardier reports first-quarter 2022 results, grows backlog by US$1.3 billion

Financial

With its strong portfolio of world-leading jets and an expanding service network, Bombardier is uniquely positioned to capitalize on the demand for both new jets and services. This strength supported consolidated cash generation of US$173 million for the first quarter of 2022, which represents a US$578 million improvement compared to the same quarter last year.

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Lufthansa eyes record summer for holiday travel after positive 1Q 2022 results

Atlas Air Worldwide reports strong first-quarter 2022 results

Avion Systems acquires Grecco Aerospace

Boeing to move headquarters to Northern Virginia

EU Wings & AliPlan sign up for Rusada’s ENVISION

DAE names Sinan Kahya CFO and Melissa Closa CAO

Bombardier reports first-quarter 2022 results, grows backlog by US$1.3 billion

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6 May 2022

Lufthansa eyes record summer for holiday travel after positive 1Q 2022 results

Atlas Air Worldwide reports strong first-quarter 2022 results

Avion Systems acquires Grecco Aerospace

Boeing to move headquarters to Northern Virginia

EU Wings & AliPlan sign up for Rusada’s ENVISION

DAE names Sinan Kahya CFO and Melissa Closa CAO

Bombardier reports first-quarter 2022 results, grows backlog by US$1.3 billion

Stay Connected

Subscribe