February 22, 2024

LCI inks deal for up to 21 latest-gen helicopters from Leonardo

LCI has announced a framework agreement for up to 21 of the latest-generation helicopters from Leonardo, comprising ten firm plus 11 options. The innovative new framework agreement covers the latest-generation light-intermediate AW169, intermediate AW139 and super-medium AW189 helicopters, which will collectively address industry renewal and replacement requirements. The new helicopters will be delivered through to […]

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Qantas Group reports AU$1.25 billion underlying profit before tax in H1 FY24

Financial

The Qantas Group maintains its commitment to customer experience and fleet expansion, achieving a AU$1.25 billion underlying profit before tax in the first half of FY24. Earnings, although 13% lower than the corresponding period in FY23, reflect a normalisation in fares and capacity. The decline in earnings is attributed to lower fares impacting revenue per

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SIAEC will provide component support coverage for Air India Group’s current fleet of Airbus A320-family aircraft

SIAEC secures component programme with Air India

MRO & Production

Mainboard-listed SIA Engineering Company (SIAEC) has announced the signing of an inventory technical management (ITM) agreement with Air India Group. Under this 12-year agreement, SIAEC will provide extensive component support coverage for Air India Group’s current fleet of Airbus A320-family aircraft. Besides access to its inventory pool, SIAEC (together with its subsidiaries and joint venture

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Vietjet has signed an MoU with Airbus for 20 A330neos

Vietjet signs MoU for 20 Airbus A330-900 aircraft

Aircraft & Engines

Vietjet Air (Vietjet), the low-cost airline based in Hanoi, Vietnam, has signed a memorandum of understanding (MoU) with Airbus for the purchase of 20 A330-900 widebodies. When finalised, this will be Vietjet’s first-ever wide-body order. The aircraft will be operated on the carrier’s growing long range network, as well as on high-capacity regional services. They will replace the

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Rolls-Royce more than doubled profit in 2023

Financial

Rolls-Royce has announced a substantial increase in its annual profit for the previous year, surpassing expectations. The company anticipates a further surge in 2024, attributing it to increased flight activity of aircraft equipped with its engines, improvements in its power business and a continuous influx of defence orders. In 2023, the group’s underlying operating profit

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Boeing 737 MAX programme Chief Ed Clark steps down

People

Boeing has taken decisive action to replace the head of its 737 MAX programme, Ed Clark, following a concerning cabin panel blowout that has heightened the company’s efforts to restore its reputation. Clark, who also served as the general manager of Boeing’s Renton, Washington plant, is stepping down immediately, as reported in an internal memo,

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LCI inks deal for up to 21 latest-gen helicopters from Leonardo

Qantas Group reports AU$1.25 billion underlying profit before tax in H1 FY24

SIAEC secures component programme with Air India

Vietjet signs MoU for 20 Airbus A330-900 aircraft

Rolls-Royce more than doubled profit in 2023

Boeing 737 MAX programme Chief Ed Clark steps down

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22 February 2024

LCI inks deal for up to 21 latest-gen helicopters from Leonardo

Qantas Group reports AU$1.25 billion underlying profit before tax in H1 FY24

SIAEC secures component programme with Air India

Vietjet signs MoU for 20 Airbus A330-900 aircraft

Rolls-Royce more than doubled profit in 2023

Boeing 737 MAX programme Chief Ed Clark steps down

Stay Connected

Subscribe