Virgin Australia has returned to profitability for the first time in 11 years, reporting statutory NPAT of AU$129 million. Revenue more than doubled compared to the prior year to AU$5 billion as the company responded strongly to increased customer demand following COVID-19. Underlying EBIT was AU$439 million, representing a margin of 8.8%. Virgin Australia’s Airline […]
Virgin Australia returns to profitability Read More »
African carrier TAAG Angola Airlines is adding the Boeing 787 Dreamliner to its fleet with an order for four of the wide-body jets. “Our goal is to work with the best manufacturers in the world towards a multi type fleet, in order to ensure we have the appropriate airplanes for each flight typology, namely our
Angola’s national airline TAAG adds four 787 Dreamliners to fleet Read More »
Dutch flag carrier KLM, the world’s oldest operating airline, is joining Heart Aerospace’s Industry Advisory Board to provide input on the design, development and commercialisation of the Swedish company’s first regional electric airplane, the ES-30. Heart Aerospace’s Industry Advisory Board consists of airlines, governments, leasing companies and airports from all over the world, each representing
KLM joins Heart Aerospace’s Industry Advisory Board Read More »
Western Jet Aviation, a StandardAero company, has received certification as a FAA Part 145 Repair Station at Miami-Opa Locka Executive Airport (OPF). The facility will provide maintenance and avionics services for large-cabin business aviation aircraft in Florida. Western Jet Aviation was acquired by StandardAero in February 2023, and is well-known for its facility in Van
Western Jet Aviation certified as FAA repair station Read More »
easyJet has become the first airline to sign a contract with Airbus for its carbon removal initiative. Available through the Airbus Carbon Capture Offer, the technology uses Direct Air Carbon Capture and Storage (DACCS), to offer airlines worldwide carbon removal credits to advance their decarbonisation goals. DACCS technology filters and removes CO2 emissions directly from
easyJet joins Airbus’ carbon removal initiative Read More »
DLR (Deutsches Zentrum für Luft- und Raumfahrt) and Embraer have signed a Memorandum of Understanding (MoU) for a collaboration regarding pre-competitive technology research and development activities. The partners will evaluate the possibility of establishing a future cooperation on a wide range of activities, including aircraft design, flight systems, flight physics, system architectures, flight tests, wind
DLR and Embraer extend cooperation in aviation research Read More »
Ontic, a leading licensor and manufacturer of complex engineered parts for the global aerospace and defence industries, has signed an exclusive license agreement with Honeywell to take over production and repair of its flight-critical Thrust Reverser Actuation System (TRAS) product line. Used primarily upon landing to slow aircraft by reversing the direction of the engine
Ontic acquires manufacture and support of Honeywell’s TRAS product line Read More »
