Just in time for summer vacation in Bavaria, TAP Air Portugal is resuming its flights from Munich: the Portuguese airline will bring vacationers and business travelers twice a day from Munich Airport to Lisbon. The Portuguese capital belongs to the top 20 travel destinations in Europe for Germans and is the ideal starting point to […]
TAP Air Portugal starts again from Munich to the Portuguese capital Read More »
Virgin Galactic has unveiled the first-stage design scope for the build of its high-speed aircraft design, and the signing of a non-binding Memorandum of Understanding (MOU) with Rolls-Royce to collaborate in designing and developing engine propulsion technology for high-speed commercial aircraft. This follows the successful completion of its Mission Concept Review (MCR) program milestone and
Virgin Galactic unveils Mach 3 aircraft design for high-speed travel Read More »
International Consolidated Airlines Group (IAG) has announced its proposal to undertake a capital increase with pre-emptive subscription rights to raise gross proceeds of up to €2.75 billion. Qatar Airways Group, IAG’s largest shareholder (25.1% holding), has confirmed its support for the proposed capital increase and irrevocably undertaken to subscribe for its pro rata entitlement. The
Despite the current biggest crisis in the company’s history, Lufthansa Technik continues to consistently focus on the vocational training of highly qualified employees as a measure to secure the future. This month, some 240 young people will therefore begin their apprenticeships in the company in nine different training courses and six dual study programs. “Even
More than 200 young people starting vocational training at Lufthansa Technik Read More »
As part of a routine C-Check for a Boeing 737-800 aircraft, conducted at BEDEK MRO facility (part of IAI Aviation Group), an AD-mandated inspection was performed to detect cracks in the Pickle Fork frame fittings, which extend from the main deck to the aircraft landing gear bay. During the inspection, a crack was discovered on
Air Canada has reported unrestricted liquidity of CA$9.120 billion at June 30, 2020, in line with Air Canada’s expectations, compared to unrestricted liquidity of CA$7.380 billion at December 31, 2019. Total revenues fell from US$4.738 billion in the second quarter of 2019 to CA$527 million in the second quarter this year, a decline of CA$4.211
Total revenue declines 89% for Air Canada in Q2 – posts CA$1.555 billion loss Read More »
ARJ21 AC103 completed a maximum take-off/landing height expansion flight test at Daocheng Yading Airport (4,411 meters above sea level), the highest-altitude civil airport, and returned to Shanghai on July 30, 2020. After two weeks of flight testing, the take-off and landing capabilities of the ARJ21 aircraft in the environment of a high-plateau airport were fully
ARJ21 aircraft completes special flight test at highest civil airport Read More »
In the first six months of 2020, MTU Aero Engines AG generated revenue of €2,048.8 million compared to €2,243.0 million in the first half of 2019. Operating profit was €224.2 million, compared to €365.2 million in the prior-year period. The EBIT margin was 10.9% in the first six months of 2020 (1-6/2019: 16.3%). Net income declined from €261.0 million to €161.3 million. “The
MTU Aero Engines reports decline in revenue and earnings Read More »
South Korea-based Jin Air has selected Collins Aerospace Systems’ full suite of ARINC aviation resource management systems and ARINC Integrator — a software tool that integrates data across new and existing airline IT and operational environments to streamline operations. The combination brings together 50 systems on a single-optimized platform to maximize the flow and use
Astronics Corporation has reported financial results for the three- and six-month period ended June 27, 2020. Financial results reflect the divestiture of the Test Systems’ semiconductor business on February 13, 2019, and the acquisitions of Freedom Communications Technologies, acquired in July 2019, and the primary operating subsidiaries of Diagnosys Test Systems Limited, acquired in October
Astronics reports second-quarter net loss of US$23.6 million Read More »
