MTU Aero Engines AG has revised its earnings outlook for 2024, now expecting an adjusted EBIT of slightly over €1 billion. Previously, the company had forecasted adjusted EBIT between €950 million and €980 million. This improved outlook is based on strong performance across all business segments despite ongoing market challenges. Preliminary figures for the first […]
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QantasLink’s next-generation Airbus A220 has landed in Launceston, making it the first non-capital city in Australia to welcome the new aircraft. The inaugural flight, operated by the A220 named Koala, touched down at 10:40am, representing the second A220 to join QantasLink’s fleet. The A220 is more fuel-efficient than its predecessors and offers a modern cabin
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In preparation for the arrival of its much-anticipated Airbus A350 aircraft, Emirates has invested approximately US$48 million in cutting-edge training equipment and systems for both its pilots and cabin crew. This significant investment underscores the airline’s commitment to achieving the highest standards of excellence in crew training. The new training suites include three full-flight simulators
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Marabu Airlines has taken delivery of two Airbus A320neo aircraft from Jackson Square Aviation (JSA), marking the first stage of a four-aircraft deal. These deliveries are part of Marabu Airlines’ broader strategy to expand its fleet and strengthen its position in the competitive European holiday market. Daniel McGrath, JSA’s Head of EMEA Marketing, expressed enthusiasm
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easyJet has appointed Jan De Raeymaeker as its Chief Financial Officer (CFO), effective January 20, 2025. He will succeed Kenton Jarvis, who, as previously announced, will take over from Johan Lundgren as Chief Executive on January 1, 2025. De Raeymaeker is currently the Chief Financial Officer of Lineas, Europe’s largest private rail freight operator, where
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Sikorsky, a subsidiary of Lockheed Martin, has been awarded US$6 million by the Defense Advanced Research Projects Agency (DARPA) to integrate its ALIAS/MATRIX™ flight autonomy system into the U.S. Army’s experimental fly-by-wire UH-60M Black Hawk® helicopter. Known as the MX, the upgraded aircraft will enable the U.S. Army Combat Capabilities Development Command (DEVCOM) to test
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Britten-Norman, a UK utility aircraft manufacturer, has successfully completed its second funding round, securing significant capital from Northern Ireland-based Beechlands Enterprises. This investment will accelerate production of the iconic Islander aircraft and transform the company’s aftermarket business. The firm will expand its UK manufacturing operations, aiming to produce up to eight aircraft annually in phase
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