Lufthansa responds to shareholder criticism amid strategy overhaul

Lufthansa’s Executive Board has addressed harsh criticism from Klaus-Michael Kühne, a key shareholder owning 20% of the airline. In a November interview with the Frankfurter Allgemeine Sonntagszeitung, Kühne expressed frustration with Lufthansa’s sprawling structure, claiming the airline had become ‘bogged down’ with an incredible number of by-products and airlines under completely different names. He argued […]

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Airbus to cut over 2,000 jobs in Defence and Space division

Other News

Airbus has announced plans to cut 2,043 jobs across Europe within its Defence and Space division, citing economic pressures and increased competition in the satellite market. The job reductions, affecting around 5 per cent of the workforce, are aimed at lowering the company’s fixed costs, ‘Brussels Signal’ reported. Germany will experience the highest impact, with

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Fraport has won the concession to operate Kalamata Airport (KLX) in Greece © Fraport

Fraport AG wins concession to operate Kalamata Airport

Airports

Fraport AG has won the concession to operate Kalamata Airport (KLX) in Greece, securing the deal with a bid of €45.2 million. The winning consortium, which includes Fraport and its Greek partners – Delta Airport Investments S.A. (Copelouzos Group) and Pileas Holdings S.A. (Constantakopoulos Group) – will oversee the operation of the terminal and other

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SITA and IDEMIA to tackle key challenges in baggage handling and airport operations

SITA and IDEMIA to transform baggage handling with computer vision technology

Other News

SITA, a global provider of air transport technology, and IDEMIA, a specialist in computer vision, biometrics and digital security, are expanding their partnership to tackle critical challenges in airport operations, particularly in baggage handling. Building on their previous collaboration in enhancing digital travel credentials and biometric solutions for border management, the two companies aim to

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Integrity eVTOL aircraft in UrbanLink livery

UrbanLink pre-orders 20 Integrity eVTOL aircraft

Aircraft & Engines

CRISALION Mobility (CRISALION), a Spanish pioneer in advanced electric mobility solutions, has secured a pre-order for 20 Integrity eVTOL aircraft from UrbanLink Air Mobility (UrbanLink), a sustainable transportation company based in South Florida. The agreement highlights their mutual commitment to transforming regional air travel through advanced air mobility (AAM) solutions. UrbanLink aims to be the

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Japan has ordered 17 CH-47 Block II Chinooks

U.S. Army orders three more CH-47F Block II Chinooks

Military & Defense

The U.S. Army has awarded Boeing a US$135 million contract for three additional CH-47F Block II Chinook helicopters as part of its ongoing modernisation programme. This Lot 3 contract is a continuation of the Army’s efforts to upgrade its heavy-lift capabilities to meet evolving mission requirements worldwide. The announcement follows the Army’s decision in February

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The new Astrova IFE system debuted during the delivery flight of Icelandair’s first A321neo LR aircraft

Icelandair becomes first airline to launch Astrova IFE solution

Information Technology

Icelandair, the flag carrier of Iceland, is the first airline to implement Astrova, the advanced in-flight entertainment (IFE) system by Panasonic Avionics. This new system debuted during the delivery flight of Icelandair’s first A321neo LR aircraft. Passengers on Icelandair’s A321neo LRs will experience Astrova’s cutting-edge features, including 4K OLED HDR10+ displays that offer precise colour

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MoU signing between Qatar Airways Cargo and JAL

Qatar Airways Cargo and JAL team up to strengthen cargo partnership

Other News

Qatar Airways Cargo has signed a memorandum of understanding (MoU) with Japan Airlines (JAL) to strengthen their partnership and expand cargo services. This follows Japan Airlines’ recent launch of daily passenger flights between Tokyo Haneda and Hamad International Airport in Doha. The MoU aims to enhance product offerings for cargo customers and create operational synergies

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VSE Corporation has concluded the acquisition of Kellstrom Aerospace © Kellstrom

VSE Corporation completes acquisition of Kellstrom Aerospace

Financial

VSE Corporation has finalised its acquisition of Kellstrom Aerospace Group (Kellstrom), a global distributor and service provider in the commercial aerospace engine aftermarket and a portfolio company of AE Industrial Partners, LP. “Today represents the next step in the VSE Aviation product and services growth strategy, with a clear opportunity to profitably grow our business

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C&L Aerospace secures bulk purchase of Cessna Citation aircraft

Aircraft & Engines

C&L Aerospace has secured a long-term strategic agreement for the disassembly of end-of-life business jet aircraft, marking a significant step in the company’s commitment to offering cost-effective, high-quality parts to operators worldwide. The company will begin by disassembling 13 aircraft throughout the remainder of 2024, with parts from these aircraft supporting a range of Cessna

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Lufthansa responds to shareholder criticism amid strategy overhaul

Airbus to cut over 2,000 jobs in Defence and Space division

Fraport AG wins concession to operate Kalamata Airport

SITA and IDEMIA to transform baggage handling with computer vision technology

UrbanLink pre-orders 20 Integrity eVTOL aircraft

U.S. Army orders three more CH-47F Block II Chinooks

Icelandair becomes first airline to launch Astrova IFE solution

Qatar Airways Cargo and JAL team up to strengthen cargo partnership

VSE Corporation completes acquisition of Kellstrom Aerospace

C&L Aerospace secures bulk purchase of Cessna Citation aircraft

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