Lufthansa Group’s balance sheet presentation in Frankfurt on Thursday, March 7, revealed not only the successful recovery from the pandemic, but also the challenges that lie ahead for the company. The positive aspects include a Group net profit of €1.7 billion, a 15% increase in revenue to €35.4 billion and an adjusted EBIT of €2.7 […]
Worldwide air cargo demand was up by 13% in the first two months of this year, compared with the equivalent period last year, with demand continuing to surge from the Middle East & South Asia (MESA) origins, and tonnages recovering from the normal Lunar New Year (LNY) seasonal dip, analysis by WorldACD Market Data reveals.
Air cargo demand up 13% in first two months of 2024 Read More »
SKYCO International Financial Leasing Co. (SKYCO Leasing) a state-owned enterprise belonging to China’s Guangdong Province, and Airbus Helicopters have signed a contract for six H175 helicopters. Entrusted by the Guangdong Provincial Government, SKYCO Leasing is in charge of leading the aviation industry development in the province. The versatile H175 helicopters acquired by SKYCO Leasing will
SKYCO Leasing orders six H175 helicopters Read More »
AerCap has entered into a seven-year component sale-and-leaseback agreement with OEMServices S.A.S. (OEMServices). This strategic move underscores the ongoing collaboration between the two entities and marks a substantial development in their partnership. As part of this comprehensive agreement, AerCap Materials, an integral arm of AerCap, will provide an extensive inventory of crucial Airbus A220 aircraft
AerCap signs component deal with OEMServices Read More »
At Doha International Maritime Defence Exhibition and Conference (DIMDEX), Safran Aircraft Engines and the Qatar Armed Forces have signed a services agreement to support M88 engines powering Qatar’s current fleet of 36 Rafale fighter aircraft. This services agreement provides the Qatar Armed Forces with a wide-range of services, from spares, repairs and overhauls to detailed
Qatar Armed Forces, Safran ink support agreement for M88 engines Read More »
Airbus has showcased its fully electric CityAirbus NextGen prototype to the public, in anticipation of its inaugural flight later this year. Weighing in the two-tonne class and boasting a wingspan of approximately 12 metres, the CityAirbus is designed with an 80 km range and a cruise speed of 120 km/h, making it an ideal candidate
Airbus showcases CityAirbus NextGen prototype to public Read More »
CFM International (CFM) has recently concluded various agreements with American Airlines (American), sealing the deal for LEAP-1B engines to propel the airline’s Boeing 737 MAX 8 and MAX 10 fleet. These agreements encompass the purchase of spare engines and include a new 20-year service agreement, covering both existing and upcoming LEAP-1B engines in American’s fleet.
CFM International and American ink deal for LEAP-1B engines Read More »
Textron Aviation and PT Smart Aviation (PT Smart) have signed a purchase agreement for the first Cessna SkyCourier order in Indonesia. The agreement includes a SkyCourier passenger variant and four Cessna Grand Caravan EXs with deliveries expected to begin in 2026. The agreement was signed at the Textron Aviation display at the Singapore Airshow in the Changi Exhibition Centre. With this order,
Textron Aviation receives first Indonesian order for Cessna SkyCourier Read More »
Werner Aero has revealed the successful acquisition of one Boeing 737-800 aircraft, msn 28983. Formerly operated by Royal Air Maroc, the aircraft is currently under the custodianship of e-Cube in Wales, where it will undergo dismantling for spare parts. EVP Tony Kondo expressed the company’s satisfaction, stating, “We are pleased to announce the acquisition of
Werner Aero acquires Boeing 737-800 to enhance spare parts inventory Read More »
Qatar Airways Cargo’s Boeing 747F, registration A7-BGB, landed for the last time in commercial cargo service for QR Cargo as the airline fast-tracks its focus on greener flying. Arriving from Barcelona, Flight QR8807 touched down in Doha at 15:00 local time on Friday, March 1, 2024. A7-BGB joined the Qatar Airways Cargo fleet on September
Qatar Airways Cargo retires Boeing 747F, embracing greener flying Read More »
