Negotiators for the EU have agreed to decarbonise the air travel sector through the stimulation of the region’s green aviation fuel market. The agreement, known as the ReFuelEU Aviation proposal will have to be approved by EU countries before it can become law, though this should be a formality. The new rules will require aviation […]
EU’s ReFuelEU Aviation proposal will see air travel decarbonised Read More »
Avolon, the international aircraft leasing company, has announced a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030 and are valued at over US$4 billion (£3.2 million) at current list price. Avolon delivered the first 737 MAX in 2017, along with the 1,000th 737 MAX earlier
Avolon orders 40 Boeing 737 MAX aircraft Read More »
Boeing has recorded first-quarter revenue of US$17.9 billion, GAAP loss per share of (US$0.69) and core loss per share (non-GAAP) of (US$1.27). The company reported operating cash flow of (US$0.3) billion and free cash flow of (US$0.8) billion (non-GAAP). Results improved on commercial volume and performance. The company reported a net loss of US$425 million compared to a net loss of US$1,242
Datalex, a market leader in digital retail technology focused on the airline market, has renewed its successful partnership with Air Transat, the Canadian leisure airline which flies to some 60 international destinations in more than 25 countries in the Americas and Europe. The renewal extends Datalex and Air Transat’s existing partnership for another five years,
Datalex and Air Transat extend partnership Read More »
Farsound has named Matt Berkebile as its new President of Farsound U.S.A. He will be based at the company’s brand-new U.S. facility in San Antonio, Texas from the summer. Berkebile comes to Farsound with a wealth of engineering and leadership experience, having built up a career of more than 17 years in gas turbine, aviation
Matt Berkebile becomes President Farsound U.S.A. Read More »
Zenith Aviation has expanded operations with integrated automated warehouse and supply chain management infrastructure. Software system Interfaces are provided by Pentagon 2000 Software for a Kardex-Remstar automated storage systems and AutoSourcing tools connected to online vendor data. According to Angela Shawaryn, President of Zenith Aviation, “our strong focus on customer service and quality has driven
Zenith Aviation automates supply chain utilising Pentagon 2000SQL Read More »
For the first quarter 2023, Spirit Airlines (Spirit) reported a net loss of US$103.9 million. Excluding special items, adjusted net loss for the first quarter 2023 was US$89.4 million. Spirit reported a pre-tax loss of US$141.6 million and a pre-tax margin of negative 10.5%. Adjusted pre-tax loss for the first quarter was US$120.6 million and
Spirit posts first-quarter 2023 net loss of US$103.9 million Read More »
