Heike Tamm

Finnair flies to 51 destinations in Europe and Asia in the winter

Finnair has trimmed its flight schedule for the winter season in line with customer demand, while planning to boost frequencies during spring 2021. The update comes as the airline responds to a temporary softening of demand in the market due to widespread travel restrictions.  From October 25, 2020, to March 31, 2021, Finnair will serve 45 […]

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MTU Aero Engines looks to focus on hydrogen as the engine fuel of the future

MTU Aero Engines (MTU), Germany’s leading engine manufacturer, has openly welcomed Airbus’ ZEROe concepts in relation to emission-free aviation. “Hydrogen is a highly attractive future option for us as an engine producer as well,” says MTU Chief Operating Officer Lars Wagner, adding: “It should be used as a fuel right away.” MTU sees three possible

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South African Airways Technical reaches agreement with customers and reinstates aircraft maintenance services

South African Airways Technical (SAAT) has reached an agreement with its customers and has begun to reinstate aircraft maintenance services. This development follows a decision taken by SAAT to suspend maintenance services to four of its airline customers in September 2020 due to outstanding payments on services already rendered. South African Airways (SAA) is one

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Air Safa selects Airbus H125 helicopter as launch product of aircraft leasing business in India

Air Safa, a Singapore-based aircraft leasing company, has signed a purchase agreement with Airbus Helicopters for one H125 helicopter with the option to add another one in the future. The H125 will be placed on a dry lease to Indian operators for multirole missions, including passenger transportation and aerial work. The H125 is a member

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United Airlines resumes nonstop service between San Francisco and Shanghai

United Airlines will start nonstop service to China four-times weekly between San Francisco and Shanghai’s Pudong International Airport. Beginning October 21, 2020, United will operate four weekly nonstop flights with Boeing 777-300ER aircraft from San Francisco to Shanghai on Wednesdays, Fridays, Saturdays and Sundays. Prior to suspending service in February due to COVID-19, United operated

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Aergo Capital completes acquisition and financing of one Airbus A321 aircraft on lease to British Airways

Aergo Capital (Aergo) has completed the acquisition and financing of one 2006 Vintage Airbus A321-200 aircraft, bearing manufacturers serial number 2653, from Global Knafaim Leasing (GKL). The aircraft was sold with an existing operating lease to British Airways and has been financed by Volofin Capital Management (volofin).

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KLM looks to Dutch government for €3.4 billion loan which has strings attached

KLM Royal Dutch Airlines (KLM) has submitted its critical restructuring plan to the Dutch government as part of its commitment to reduce operating costs. The government had stipulated that the carrier needed to reassess its strategy, cost-cutting initiatives, financial considerations and how staff will embrace reduced employment conditions amounting to income-dependent, graduated cutbacks of up

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