August 2, 2023

The Lufthansa Group and HCS Group have signed a Letter of Intent (LoI) to join forces in producing and supplying Sustainable Aviation Fuel (SAF). Starting from the beginning of 2026, the HCS Group aims to provide the Lufthansa Group with SAF produced through the innovative Alcohol-to-Jet (AtJ) technology. The SAF will be derived from biogenic

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DAE posts profit increase before tax of 13%

Financial

Dubai Aerospace Enterprise (DAE) and its subsidiaries have reported financial results for the six months ended June 30, 2023. Profit for the six months was US$141.1 million compared to a profit before exceptional items of US$140.1 million for the six months ended June 30, 2022. Operating profit increased by US$65.0 million to US$319.8 million compared

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Kairat Asenei has joined Ontic as VP of Revenue Management

Ontic welcomes Kairat Asenei as VP of Revenue Management

People

Ontic, a licensor and manufacturer of complex engineered parts for the aerospace and defence industries, has announced the appointment of Kairat Asenei as its new VP of Revenue Management. With seven years of experience at McKinsey, Asenei brings valuable expertise in revenue management execution and business strategy design to the senior leadership team. In his

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TrueNoord strengthens fleet with fourth Embraer E195-E2 delivery

Aircraft & Engines

Specialist regional aircraft lessor, TrueNoord, has recently taken delivery of its fourth Embraer E195-E2 at São José dos Campos in Brazil. This next-generation jet is part of a fleet of six E2s that will be leased to Canadian operator, Porter Airlines, with the fifth and sixth aircraft scheduled for delivery later in 2023. Anne-Bart Tieleman,

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JetBlue Airways faces challenging 2023 outlook

Financial

JetBlue Airways (JetBlue), based in New York, has revised its 2023 outlook, anticipating potential losses in the current quarter due to a surge in travellers choosing international destinations and the conclusion of its partnership with American Airlines in the Northeast. The airline now projects adjusted earnings per share for the year ranging from 5 cents

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Astronics confirms orders from ten eVTOL manufacturers

Lufthansa Group and HCS Group to collaborate on SAF production

DAE posts profit increase before tax of 13%

Ontic welcomes Kairat Asenei as VP of Revenue Management

TrueNoord strengthens fleet with fourth Embraer E195-E2 delivery

JetBlue Airways faces challenging 2023 outlook

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2 August 2023

Astronics confirms orders from ten eVTOL manufacturers

Lufthansa Group and HCS Group to collaborate on SAF production

DAE posts profit increase before tax of 13%

Ontic welcomes Kairat Asenei as VP of Revenue Management

TrueNoord strengthens fleet with fourth Embraer E195-E2 delivery

JetBlue Airways faces challenging 2023 outlook

Stay Connected

Subscribe