Portugal’s flag carrier TAP Air Portugal (TAP) has posted a remarkable 62% surge in net profit for the third quarter, setting a new record at €180.5 million (US$192 million). This impressive financial performance was attributed to robust revenue growth and stringent cost controls, which significantly boosted operating margins, all while the company is gearing up […]
TAP reports record profits of €180.5 million in Q3 Read More »
Lufthansa Group’s newest member City Airlines, which was founded last year, will start flight operations in the summer of 2024. The airline was founded last year and received its Air Operator Certificate (AOC) from the German Federal Aviation Authority back in June. It will operate its flights from the Munich and Frankfurt hubs and thus
City Airlines starts flight operations in summer of 2024 Read More »
AerCap has successfully secured an agreement with Turkish Airlines for a significant fleet expansion. The deal encompasses the lease of three new Boeing 787-9 aircraft, an additional 25 new MAX-8 aircraft and extensions for six used Airbus A330-200 aircraft. The newly acquired aircraft are set to be delivered between 2024 and 2026. Aengus Kelly, Chief
AerCap inks deal with Turkish Airlines for new aircraft and lease extensions Read More »
In response to significant growth in demand from private and commercial customers for bespoke aircraft interior refurbishment projects, Starling Aerospace has extended its design and manufacturing capability, thanks to a six-figure investment. The aircraft interiors specialist, located between London Heathrow and Gatwick Airports, has become the first and only UK aerospace company to operate a
UK Starling Aerospace expands capability with biggest investment in 20 years Read More »
Etihad Airways and Scandinavian Airlines (SAS) have signed a strategic codeshare agreement, so customers of both airlines will enjoy enhanced connectivity to destinations across each other’s networks. Arik De, Etihad’s Chief Revenue Officer said: “Our strategic bilateral agreement with SAS, coming after the start of our flights to Copenhagen, allows more seamless travel for our
Etihad signs codeshare deal with SAS Read More »
Hahn Air has entered into a purchase agreement to be the European launch customer for the just-announced Cessna Citation CJ3 Gen2. The deal, inked during the National Business Aviation Association – Business Aviation Convention & Exhibition (NBAA-BACE) event at Las Vegas, also includes a new Cessna Citation Latitude. Both aircraft are expected to deliver in 2026. The
Hahn Air becomes European launch customer for Citation CJ3 Gen2 Read More »
In a pivotal move on Tuesday, October 24, the Senate officially confirmed Michael Whitaker as the new leader of the Federal Aviation Administration (FAA), marking the end of an 18-month vacancy that coincided with turbulent times for the aviation industry, raising concerns about safety amid airline and air traffic controller strains. FAA administrators are confirmed
Senate confirms Michael Whitaker as new FAA leader Read More »
