30 January 2023

UK’s Flybe regional carrier cancels all flights and immediately stops trading

Flybe, the regional UK carrier has, for the second time in three years, entered into administration. It has ceased all operations, cancelled all flights and laid off 276 members of its staff, leaving some 75,000 passengers who have already booked tickets in a state of limbo as the tickets will no longer be honoured. “Flybe […]

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Iberia Maintenance and RwandAir sign multi-year maintenance contract

Iberia Maintenance and RwandAir have signed a multi-year exclusive contract to maintain the CFM56-7B and 7BE engines powering the airline’s Boeing 737 fleet. Iberia Maintenance was selected by RwandAir following a rigorous process, with a proposal deemed to be the most competitive, including engine lease, logistics and customised work scope utilising the Spanish company´s engineering

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Overture © Boom Supersonic

Boom Supersonic kicks off construction of Overture Superfactory in Greensboro

Boom Supersonic has kicked off construction of its Overture Superfactory in Greensboro, North Carolina. The Overture Superfactory is a state-of-the-art manufacturing facility located on a 62-acre campus at the Piedmont Triad International Airport. This site will house the final assembly line, as well as test facility and customer delivery centre for Boom’s flagship supersonic airliner,

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Embraer reports initial investment in MSW MultiCorp 2 to attract Brazilian start-ups

Embraer has announced an initial investment in the MSW MultiCorp 2 of R$20 million (around US$4 illion/£3.2 million), to attract and boost innovative Brazilian start-ups that synergize with the company’s innovation strategy. Embraer has strengthened its role in promoting entrepreneurship in the Brazilian ecosystem, not only by making investments but creating partnerships with entrepreneurs interested

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Lufthansa Technik to provide base maintenance for FLYR

Lufthansa Technik is to perform extensive base maintenance services for Norway-based airline FLYR AS on Boeing 737 MAX 8 and 737-800 aircraft. Starting in January, Lufthansa Technik Budapest will perform scheduled base checks on the start-up airline’s fleet. “Lufthansa Technik has supported us with component service and been a reliable partner since the start in

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Aviator has extended its partnership with Ryanair

Ryanair posts third-quarter net profit of €211 million due to strong Christmas/New Year traffic

Ryanair has reported that third-quarter scheduled revenue increased almost 85% to €1.45 billion due to strong travel demand at higher fares (+14% over pre-COVID), especially during the October mid-term and the peak Christmas/New Year holiday season.  Ancillary revenue delivered another solid performance, generating over €22.50 per passenger.  Total third-quarter revenue rose 57% to €2.31 billion

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