LTM has completed its first base maintenance on a Boeing 787 Dreamliner © LTM

Lufthansa Technik Malta (LTM) completes first base maintenance on Boeing 787 Dreamliner

Lufthansa Technik Malta (LTM) has achieved a significant milestone by successfully completing its inaugural base maintenance on a Boeing 787 Dreamliner. The completion of the C-check on LOT Polish Airlines‘ B787-9, registered as SP-LSC, follows closely after last year’s announcement of LTM’s expansion into Boeing’s renowned long-haul wide-body aircraft. Investing several million euros in preparation […]

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Airbus posts strong Q1 2024 financial results

Financial

Airbus has unveiled its consolidated financial results for the first quarter ending March 31, 2024 (Q1 2024). The company reported robust performance across its commercial aircraft, helicopters, and defence and space divisions. Gross commercial aircraft orders reached 170 units in Q1 2024, up from 156 in Q1 2023, with no cancellations, maintaining the same number

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Turkish Airlines will receive six Boeing 737 MAX 8 aircraft from CDB Aviation © AirTeamImages

CDB Aviation inks lease deals for seven aircraft with Turkish Airlines

Aircraft & Engines

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed new lease agreements for a fleet of seven additional narrow-body and wide-body aircraft with its existing customer, Turkish Airlines (Turkish), the flag carrier of Türkiye. Under the new agreements, one used Airbus A330-343 will be delivered in May

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Condor took delivery of its first A320neo at a ceremony in Toulouse, France © Airbus

Condor welcomes first Airbus A320neo to fleet

Aircraft & Engines

Condor, a German leisure airline, has received its inaugural Airbus A320neo on lease from Avolon following a ceremony in Toulouse. This milestone marks the airline’s ongoing fleet modernisation, which already features the A330neo for long-haul routes. By utilising aircraft from the A320 and A330neo families, Condor aims to maximise the benefits of commonality between these

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IAG Cargo has transitioned its 160-strong ground vehicle fleet at London Heathrow from diesel to hydrotreated vegetable oil (HVO) © IAG Cargo

IAG Cargo converts ground vehicle fleet at Heathrow to HVO

Other News

IAG Cargo, the cargo arm of International Airlines Group (IAG), has successfully transitioned its 160-strong ground vehicle fleet at London Heathrow from Diesel to hydrotreated vegetable oil (HVO). HVO, derived from plant waste and fully renewable materials, serves as a seamless replacement for White Diesel, significantly impacting net carbon emissions. For IAG Cargo, the shift

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AJW has acquired one B787-900 Dreamliner © AJW Group

AJW acquires B787-900 aircraft

Uncategorized

In a new development, AJW Group, a globally renowned independent provider of aircraft component parts, repair, and supply chain solutions, has announced the acquisition of a Boeing 787-900 Dreamliner. AJW Group has solidified its position with the acquisition of the Boeing 787-900, MSN 37109, which recently arrived at Cotswold Airport, United Kingdom. The aircraft, equipped

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IBA predicts that the engine CFM56-7B is seeing the highest market value change with an increase of around 20% from 2023 to 2024

IBA says it’s a “lessors’ market”

Aircraft & Engines

Aviation market intelligence and advisory company IBA has revealed that with rising engine lease rates and market values showing double-digit growth, the engine sector is now a “lessors’ market”. The latest IBA analysis shows that engine leasing activity has grown significantly with operators now favouring lease extensions to secure lift. In its recent webinar on

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Boeing reports US$355 million loss amid quality crisis

Financial

Boeing, on April 24, disclosed a US$355 million loss for the initial three months of the year, grappling with a quality dilemma stemming from a January 5 flight where a panel detached from one of its aircraft. The reported loss, though significant, was less severe than analysts’ projections, and notably smaller than the US$425 million

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Ascent AeroSystems all-weather coaxial helicopter drone © Robinson Helicopter Company

Robinson Helicopter Company acquires Ascent AeroSystems

Financial

Robinson Helicopter Company (RHC) has completed the acquisition of Ascent AeroSystems, which now operates as a wholly owned subsidiary of Robinson Helicopter Company. This strategic move underscores Robinson’s commitment to advancing innovation, expediting new rotorcraft developments, and supporting diverse missions globally. By harnessing the expertise and resources of both entities, Robinson reinforces its position at

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JetBlue reveals US$716 million first-quarter loss amid revenue dip

Financial

JetBlue, ‘New York’s Hometown Airline®’, has unveiled its financial performance for the first quarter ending March 31, 2024. The airline disclosed a net loss of US$716 million, representing a year-on-year revenue decline of 5.1% to US$2.2 billion. As of the end of the first quarter, JetBlue held US$1.7 billion in unrestricted cash, cash equivalents, short-term

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Lufthansa Technik Malta (LTM) completes first base maintenance on Boeing 787 Dreamliner

Airbus posts strong Q1 2024 financial results

CDB Aviation inks lease deals for seven aircraft with Turkish Airlines

Condor welcomes first Airbus A320neo to fleet

IAG Cargo converts ground vehicle fleet at Heathrow to HVO

AJW acquires B787-900 aircraft

IBA says it’s a “lessors’ market”

Boeing reports US$355 million loss amid quality crisis

Robinson Helicopter Company acquires Ascent AeroSystems

JetBlue reveals US$716 million first-quarter loss amid revenue dip

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