Due to an expansion of the flight schedule in the summer months of July and August, and considerable cost reductions, Lufthansa Group losses were reduced in the third quarter compared to the second quarter. On a preliminary basis, Adjusted EBIT in the third quarter was €1,262 million (previous year: €1,297 million). After nine months, the […]
Lufthansa Group reports preliminary results for the third quarter Read More »
Magnetic MRO, a Total Technical Care and Asset Management organization, has signed an extended Managed IT and Cloud services agreement with BTT Cloud. BTT Cloud is a managed IT services provider that has been operating successfully for more than a decade. Since the global pandemic hit the world in early 2020, the digitalization and role
Magnetic MRO entrusts IT services to BTT Cloud Read More »
Aircraft charter and leasing specialist, Air Charter Service, has appointed Scott Collier as Director of Aircraft Leasing EMEA. He brings with him more than 20 years’ experience in the airline industry. Justin Bowman, Air Charter Service’s CEO, commented: “Scott has extensive experience across all areas of the industry, including tour operating and airline operations, as
Air Charter Service appoints Scott Collier as Director of Aircraft Leasing EMEA Read More »
Avianor has been selected by Air Transat for a “C-check” maintenance visit on one of its Airbus A330 wide-body aircraft. This new collaboration demonstrates the airline’s confidence in Avianor, an affiliate of DRAKKAR Aerospace and Ground Transportation, which became the company’s majority shareholder in 2019, and a joint commitment to support the local and national
Air Transat chooses Avianor for maintenance service on Airbus A330 Read More »
As a result of the COVID-19 pandemic, Cathay Pacific has announced a corporate restructuring which will see a net job loss of approximately 5,900 employees and the axing of its wholly owned regional subsidiary, Cathay Dragon. The Group will be looking to obtain regulatory approval for Cathay Pacific and its other wholly owned subsidiary HK
5,900 jobs to go at Cathay Pacific – Cathay Dragon ceases all operations Read More »
Embraer has delivered a total of 28 jets in the third quarter of 2020, of which seven were commercial aircraft and 21 were executive jets (19 light and two large). As of September 30, the firm order backlog totaled US$15.1 billion. During the third-quarter, Embraer Executive Jets reached the milestone of the 250th business jet in
Embraer delivers seven commercial and 21 executive jets in the third quarter of 2020 Read More »
VALLAIR has signed an LoI (Letter of Intent) with U.S.-based Global Crossing Airlines (GlobalX) to lease ten converted A321 freighter aircraft. Vallair has been engaged in cargo conversions since 2015 and this ground-breaking agreement will see the Company take its pioneering A321 freighter program to the next level. The first GlobalX A321 will be delivered
VALLAIR signs LoI with GlobalX to lease ten converted A321 freighters Read More »
AJW Group has purchased three Airbus A330-200 aircraft for teardown. The three ex-Thomas Cook U.K. aircraft, which were manufactured in 1999, are all powered by RB211 Trent 700 engines with GTCP331-350 Auxiliary Power Units. The aircraft will be disassembled on-site at Manchester Airport. With nearly 90 years of experience at the forefront of the aircraft component supply industry, AJW
AJW Group purchases trio of Airbus A330 aircraft for teardown Read More »
Elbe Flugzeugwerke GmbH (EFW) has been selected by Airbus as a Digital Design, Manufacturing and Services (DDMS) program early-adopter. In doing so EFW will actively engage, alongside Airbus, in shaping the future of the aerospace industry. DDMS provides an innovative set of processes, methods, and tools to ensure effective collaboration, digital continuity and value creation
Airbus selects EFW as early-adopter for aircraft cabins of the future Read More »
Sine Draco Aviation Development (Sine Draco) has selected Ascent Aviation Services in Tucson, Arizona, for modification and completion of its prototype A321 passenger-to-freighter conversion (A321-200 SDF) with FAA approval anticipated in late 2021/early 2022. The Sine Draco A321-200 SDF passenger-to-freighter conversion offers the optimal economic solution for the next-generation narrow-body freighter. Its design includes installation of
