MTU Aero Engines AG has forecast continued growth and improved earnings for 2025, expecting revenues between €8.3 and €8.5 billion. Adjusted EBIT is projected to rise in the low-to-mid teens percentage range, with adjusted net income expected to grow in line with EBIT. Free cash flow is anticipated to remain in the low triple-digit million-euro […]
MTU Aero Engines projects profitable growth for 2025 Read More »
In the final week of November (week 47), global air cargo tonnages remained stable compared to the previous week, while rates continued to rise, reaching the highest levels of 2024. According to WorldACD Market Data, global average rates increased by 2% week-on-week (WoW) to US$2.79, driven by rising spot rates from North America (12%) and
WorldACD: tonnages hold firm while rates continue to build Read More »
Avolon has delivered the first of 20 Airbus A330neo aircraft to Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines. The milestone delivery took place at Airbus’ Delivery Centre in Toulouse, with the remaining aircraft scheduled for delivery through to 2028. The transaction, announced in August 2022, includes ten A330neo aircraft sourced from Avolon’s
Malaysia Airlines takes delivery of first A330neo from Avolon Read More »
Air Canada will launch the next phase of its digital transformation on December 3, introducing digital identification as a boarding option for nearly all domestic flights at Vancouver International Airport (YVR). Building on a successful pilot project, Air Canada and YVR are the first in Canada to implement this innovative technology, offering a modern, secure
Air Canada launches next phase of digital identification at YVR Read More »
Falco has successfully finalised an aircraft portfolio transaction with Nordic Aviation Capital (NAC), acquiring four Embraer E190 aircraft on lease to Moroccan national carrier, Royal Air Maroc. This acquisition concludes the previously announced portfolio deal with NAC and expands Falko’s fleet of E-Jet aircraft, which now totals 94, solidifying its position as one of the
Falko completes aircraft portfolio transaction with NAC Read More »
SOF Connect has entered into a strategic partnership with SITA, the air transport technology company, to revolutionise Sofia Airport’s operations through the design and implementation of a state-of-the-art Airport Operations Management System. “This partnership with SITA represents a transformative step forward for Sofia Airport,” said Jesus Caballero, CEO of SOF Connect. “By integrating SITA’s world-class
SOF Connect and SITA to transform Sofia Airport Read More »
