July 31, 2023

IAG posts record profits of nearly £1.1 billion for first half of 2023

International Airlines Group (IAG) has announced an operating profit of approaching £1.1 billion for the first half of 2023. The group owns British Airways, Aer Lingus, Vueling, Iberia, Iberia Express, IAG Cargo, LEVEL and others. By the end of 2023 the Group expects flight capacity to reach pre-pandemic levels. Last year the Group posted an […]

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U.S. Air Force and Archer enter into contracts worth up to US$142 million representing landmark investment in eVTOL technology by U.S. Military

U.S. Air Force partners with Archer Aviation in US$142 million contract

Military & Defense

Archer Aviation, a pioneer in electric vertical take-off and landing (eVTOL) aircraft, has achieved a significant milestone by entering into new contracts with the U.S. Air Force, amounting to a total value of up to US$142 million (£111 million). This landmark investment by the U.S. military underscores the transformative potential of Archer’s innovative eVTOL technology

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VoltAero’s Cassio 330 full-scale cabin mock-up includes a flight deck equipped with Avidyne’s Quantum 14-inch displays in the dual PFD/MFD configuration

VoltAero establishes long-term relationship with Avidyne

MRO & Production

VoltAero has selected Avidyne for the development and supply of avionics to equip the Cassio 330 in an exclusive agreement, establishing a long-term relationship that includes customised software specifically tailored for the electric-hybrid operations of this clean-sheet design aircraft. The Cassio 330 will be equipped with a glass cockpit incorporating Avidyne’s new-generation Quantum 14-inch displays

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Pratt & Whitney F135 engine core upgrade

Pratt & Whitney’s F135 engine receives full funding support

Military & Defense

Pratt & Whitney continues to receive positive support for various F135-related programme items on the path toward finalising the 2024 appropriations bill. On July 27, the Senate Appropriations Committee passed a bipartisan bill that included US$497 million for the development of the F135 engine core upgrade (ECU), the DoD’s chosen F-35 engine modernisation effort; US$264 million above the

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Southwest Airlines has launched Southwest Airlines Renewable Ventures (SARV)

Southwest Airlines mechanics approve new collective bargaining agreement

Other News

Southwest Airlines Mechanics and Related Employees, represented by the Aircraft Mechanics Fraternal Association (AMFA), have given their approval to a new collective bargaining agreement, marking the seventh contract ratified between Southwest Airlines® and its union partners since October 2022. Adam Carlisle, Vice President of Labour Relations at Southwest Airlines, praised the expertise and dedication of

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Air France-KLM second-quarter results improved, driven by strong revenue growth

Financial

In the second quarter of 2023 (Q2 2023), Air France-KLM’s revenues were up +14.1% compared to Q2 2022, driven by a higher capacity (+8%), a higher passenger load factor (+3 pt) and a higher passenger yield (+9%). The operating result improved compared to last year by €347 million while last year the operating result was

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IAG posts record profits of nearly £1.1 billion for first half of 2023

U.S. Air Force partners with Archer Aviation in US$142 million contract

VoltAero establishes long-term relationship with Avidyne

Pratt & Whitney’s F135 engine receives full funding support

Southwest Airlines mechanics approve new collective bargaining agreement

Air France-KLM second-quarter results improved, driven by strong revenue growth

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31 July 2023

IAG posts record profits of nearly £1.1 billion for first half of 2023

U.S. Air Force partners with Archer Aviation in US$142 million contract

VoltAero establishes long-term relationship with Avidyne

Pratt & Whitney’s F135 engine receives full funding support

Southwest Airlines mechanics approve new collective bargaining agreement

Air France-KLM second-quarter results improved, driven by strong revenue growth

Stay Connected

Subscribe