Friday January 24, 2025
Boeing has announced an estimated loss of US$4 billion for the fourth quarter of 2024, reflecting significant financial and operational challenges. The company projects a loss of US$5.46 per share and US$15.2 billion in revenue—below analysts' expectations, ...
Read More »Friday January 24, 2025
The Australian federal government has intervened to save Rex Airlines, acquiring AU$50 million in debt to prevent the airline's collapse. The move ensures the continuity of essential air services to remote and regional communities across the nation. Rex Airlin...
Read More »Friday January 24, 2025
MTU Aero Engines AG has appointed Katja Garcia Vila as its new Chief Financial Officer, succeeding Peter Kameritsch. Vila, who brings 27 years of experience from Continental AG, including a tenure as CFO (2021–2024), will officially join MTU on April 1, 2025...
Read More »Friday January 24, 2025
Lufthansa Technik (LHT) has inducted its first LEAP engine at XEOS in Poland, marking a significant milestone in its growing partnership with LOT Polish Airlines. Poland's largest airline recently awarded Lufthansa Technik an initial batch of maintenance, repa...
Read More »Friday January 24, 2025
IFS, a prominent provider of enterprise cloud and industrial AI software, has reported its strongest-ever financial performance for the year ending December 31, 2024. Sustained organic global growth, driven by increasing demand for industrial AI, has propelled...
Read More »Thursday January 23, 2025
Broward Aviation Services (BAS), a specialised aircraft parts provider, has acquired a Boeing 737NG aircraft (MSN 32798) from AerCap. The dismantling of the aircraft, previously operated by South Korean carrier t'way Air, will take place at the AerCap Material...
Read More »Thursday January 23, 2025
Lufthansa will be flying to Denver, Colorado, (U.S.A.) for the first time with the world's largest passenger aircraft, the Airbus A380, making Denver the sixth destination for the aircraft. The first flight is scheduled for April 30, 2025. There will be a dail...
Read More »Thursday January 23, 2025
Pratt & Whitney (P&W), a RTX company, has announced plans to establish a European Technology and Innovation Centre (ETIC) to advance energy-efficient and sustainable aviation technologies. The ETIC will be co-located with RTX's Collins Aerospace Europe...
Read More »Thursday January 23, 2025
Textron Aviation (Textron) reported revenues of US$1.3 billion for the fourth quarter of 2024, down US$242 million from the same period in 2023, driven by a US$282 million reduction in volume and mix due to strike-related production disruptions. Deliveries inc...
Read More »Thursday January 23, 2025
Alaska Air Group has announced its financial results for the fourth quarter and full year ending December 31, 2024, which now include Hawaiian Airlines from September 18, 2024. The Group reported net income under Generally Accepted Accounting Principles (GAAP)...
Read More »Thursday January 23, 2025
ST Engineering's Commercial Aerospace business has signed a five-year maintenance, repair and overhaul (MRO) contract with new customer Korean Air. The agreement covers the LEAP-1B engines that power the airline's Boeing 737 MAX fleet. Under the terms of the c...
Read More »Wednesday January 22, 2025
Gulfstream Aerospace Corp. has announced the appointment of Derek Zimmerman as Senior Vice President of Enterprise Supply Chain, a newly created role. Effective immediately, Zimmerman will oversee procurement, inventory management, logistics, warehousing, repa...
Read More »Wednesday January 22, 2025
EasyJet's shares dropped to their lowest point since October as the airline reported weaker revenue expectations for Q2, despite narrowing its Q1 losses and maintaining its annual profit forecast, REUTERS news agency reported. The airline reduced its Q1 operat...
Read More »Wednesday January 22, 2025
Falko has released a summary of its Q4 and full-year 2024 portfolio activity, highlighting robust performance and increased transaction volumes. In Q4 2024, Falko expanded its portfolio by adding nine aircraft through the completion of the E-Jet portfolio acqu...
Read More »Wednesday January 22, 2025
MESA – Maintenance & Engineering has received its second Airbus A380 for maintenance services at its state-of-the-art facility in Beja, Portugal. The Global Airlines Airbus A380-841, registered as 9H-GLOBL, was ferried by Hi Fly on a 1,240-nautical-mile ...
Read More »Wednesday January 22, 2025
ATR has introduced SpaceX's Starlink high-speed internet connectivity for its aircraft, following successful test flights on an ATR 72-600 test model. The European Union Aviation Safety Agency (EASA) has now certified the solution, with Air New Zealand set to ...
Read More »Wednesday January 22, 2025
Boeing has partnered with Norsk e-Fuel, becoming a key development partner in one of Europe's first large-scale power-to-liquids (PtL) facilities. This collaboration aims to accelerate the production and availability of sustainable aviation fuel (SAF), support...
Read More »Tuesday January 21, 2025
Lufthansa Technik (LHT) has successfully completed the extensive assembly of a Lockheed L-1649A Super Star, which was the flagship of the Lufthansa fleet in the late 1950s. On Friday, January 17, the fully restored long-haul aircraft was rolled out from the ha...
Read More »Tuesday January 21, 2025
Avincis, a global leader in emergency aerial services and Europe's largest provider, has secured a seven-year contract to operate Italy's fleet of 18 Canadair CL-415 aircraft. With over 20 years of experience in firefighting services in Italy, Avincis will con...
Read More »Tuesday January 21, 2025
Lufthansa Group has announced the allocation of 40 brand-new Boeing 737-8 MAX aircraft to its value carrier, Eurowings. The phased integration of these modern short- and medium-haul jets will position Eurowings as one of the operators of the youngest fleets in...
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