April 3, 2023

Richard Branson’s Virgin Orbit cuts 85% of rocket workforce after funding failure

Billionaire Sir Richard Branson’s Virgin Orbit satellite launch company has failed to secure new funding and as a consequence, approximately 85% of the workforce has been cut. This equates to roughly 675 members of staff, leaving a pared down business with around 100 remaining staff. Virgin Orbit is a California-based company and the staff cuts […]

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SWISS will be recruiting trained first officers

Other News

Swiss International Air Lines (SWISS) has released that it will be recruiting trained first officers with or without a current type rating for the next few years. Having been unable to train any new pilots during the COVID-19 pandemic, SWISS is ensuring through these actions that it will continue to maintain adequate numbers of cockpit

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Boeing to enhance KC-46A advanced communications capabilities through Block 1 upgrade

Military & Defense

Boeing will enhance the KC-46A advanced communications capabilities through a Block 1 upgrade under a US$184 million contract awarded by the U.S. Air Force. Upgrades include line-of-sight and beyond-line-of-sight communications technologies with antijamming and encryption features. These capabilities will further enhance the data and communications connectivity the KC-46A provides to joint and allied forces for

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AerCap signs lease agreements for two 737-800BCFs with Raindo

Aircraft & Engines

AerCap has signed lease agreements for two 737-800BCFs (Boeing Converted Freighters) with newly launched cargo airline, PT Rusky Aero Indonesia, operating as Raindo United Services (Raindo). The first passenger-to-freighter conversion will be completed by Boeing Shanghai Aviation Services (BSAS) and the second by Taikoo (Shandong) Aircraft Engineering (STAECO). “We are very pleased to welcome Raindo

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Lufthansa Technik Turbine Shannon opens new engine parts repair facility

MRO Magazine

Lufthansa Technik Turbine Shannon (LTTS) is continuing its rapid growth trajectory in Ireland with the official opening of its new Engine Parts & Accessories Repair (EPAR) facility in Shannon. The new 2,000 m² state-of-the-art facility brings LTTS’ total capacity for aircraft engine maintenance and repair in the region to 10,000 m². This development enables LTTS

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Ashwin Bhat becomes new CEO of Lufthansa Cargo

People

Ashwin Bhat is set to be appointed as new CEO of Lufthansa Cargo. Subject to the pending resolution by the Supervisory Board of Lufthansa Cargo, he will take over his new position as of April 15, 2023. In his new role, he will continue to be responsible for product and sales. Dr Michael Niggemann, Member

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New-generation narrow-body engines remain highly liquid asset IBA data reveals

Aircraft & Engines

New-generation narrow-body engines remain a highly liquid asset with strong orderbooks, reflecting a complete post-pandemic recovery for this type, according to data revealed by aviation market intelligence and consultancy company, IBA. In IBA’s latest webinar, its experts revealed that new-generation narrow-body engine base values have risen in response to cost escalations after price stability through the

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Richard Branson’s Virgin Orbit cuts 85% of rocket workforce after funding failure

SWISS will be recruiting trained first officers

Boeing to enhance KC-46A advanced communications capabilities through Block 1 upgrade

AerCap signs lease agreements for two 737-800BCFs with Raindo

Lufthansa Technik Turbine Shannon opens new engine parts repair facility

Ashwin Bhat becomes new CEO of Lufthansa Cargo

New-generation narrow-body engines remain highly liquid asset IBA data reveals

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3 April 2023

Richard Branson’s Virgin Orbit cuts 85% of rocket workforce after funding failure

SWISS will be recruiting trained first officers

Boeing to enhance KC-46A advanced communications capabilities through Block 1 upgrade

AerCap signs lease agreements for two 737-800BCFs with Raindo

Lufthansa Technik Turbine Shannon opens new engine parts repair facility

Ashwin Bhat becomes new CEO of Lufthansa Cargo

New-generation narrow-body engines remain highly liquid asset IBA data reveals

Stay Connected

Subscribe