Boeing posts first-quarter net loss of US$641 million, will reduce workforce

Boeing has posted first-quarter revenue of US$16.9 billion, a net loss which amounted to US$641 million, primarily reflecting the impacts of COVID-19 and the 737 MAX grounding. Boeing recorded operating cash flow of US$-4.3 billion. As the pandemic continues to reduce airline passenger traffic, Boeing is seeing significant impact on the demand for new commercial […]

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DRA – Deutsche Regional Aircraft GmbH appoints new Chief Technology Officer

People

DRA – Deutsche Regional Aircraft GmbH and sister company 328 Support Services GmbH, have appointed Martin Nüsseler as their Chief Technology Officer. Leveraging his significant aviation industry experience, Nüsseler is responsible for product strategy, technology road map and oversight of the engineering development team. Nüsseler joins after 17 years with Airbus – the last five

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MTU Aero Engines presents figures for first quarter of 2020

Financial

In the first quarter of 2020, MTU Aero Engines generated revenue of €1,272.7 million, an increase of 13% compared with the prior-year period (2019: €1,131.2 million). The operating profit declined by 3% from €187.6 million to €181.8 million due to the revenue mix. The adjusted EBIT margin was 14.3% (2019: 16.6%). Adjusted net income was

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Facial coverings now mandatory when flying with Lufthansa Group

Airlines & Routes

Despite adjustments to various procedures while on board an aircraft, social distancing is not always possible. Therefore, in order to increase the protection of passengers and crew from the transmission of the Covid-19 virus, beginning Monday, May 4, the airlines of the Lufthansa Group are requiring that all passengers wear a facial mouth/nose covering for

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AvAir and Lufthansa Technik sign aftermarket sales agreement

MRO & Production

AvAir, an industry leading inventory solutions provider for the aviation aftermarket, and Lufthansa Technik have signed a long-term aftermarket sales agreement. AvAir has purchased the majority of Lufthansa Technik’s overstock of rotable spares inventory. The Arizona-based company acquired 9,000 line items, comprising of components including IDGs (Integrated Drive Generator), FADECs (Full Authority Digital Engine Control)

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Universal Avionics welcomes John Berizzi and John Wasmund to U.S. sales team

Uncategorized

Don Milum, U.S. Senior Sales Manager for Universal Avionics (UA), has announced the appointment of John Berizzi and John Wasmund to the U.S. sales team. John Berizzi joins the company as South-Central U.S. Regional Sales Manager and John Wasmund as Southwest U.S. Regional Sales Manager. John Berizzi is based out of UA’s office in Duluth,

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Boeing says it needs more money – dividends unlikely for many years

Financial, Top Stories

In a virtual shareholders’ meeting on Monday this week, Boeing CEO David Calhoun warned that the world’s second-largest planemaker will need to raise further cash over the next six months and will be unlikely to pay any shareholder dividends for many years to come. “That process could take three to five years… It’s going to

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Bombardier expects 11,000 employees to return-to-work over next few weeks

MRO & Production

Bombardier has begun the process of recalling most of its Canadian-based employees who were placed on furlough following government mandates enacted to slow the spread of COVID-19. Suspended manufacturing and service activities will gradually resume as of May 11. Nearly 11,000 employees are expected to be back to work within the next few weeks across

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STS Aviation Services gains AS9110C accreditation in the U.K.

Uncategorized

STS Aviation Services (STS), an MRO provider to the global aviation industry, is now AS9110C certified in the United Kingdom. This certification grants STS Aviation Services the authority to maintain, repair and overhaul both civilian and military aircraft in accordance with aerospace law and global regulatory requirements. Having recently entered the MRO market in the

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GA Telesis MRO Services Group receives Chinese CAAC landing gear certification

MRO & Production

GA Telesis’ MRO Services Group has received approval from the Civil Aviation Administration of China (CAAC) for its Miami-based landing gear operation. This new rating allows GA Telesis MRO Services to repair and overhaul CRJ900 landing gears for China Express Airlines (China Express). In 2019, the company has entered into a long-term agreement to overhaul

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Heike Tamm

Boeing posts first-quarter net loss of US$641 million, will reduce workforce

DRA – Deutsche Regional Aircraft GmbH appoints new Chief Technology Officer

MTU Aero Engines presents figures for first quarter of 2020

Facial coverings now mandatory when flying with Lufthansa Group

AvAir and Lufthansa Technik sign aftermarket sales agreement

Universal Avionics welcomes John Berizzi and John Wasmund to U.S. sales team

Boeing says it needs more money – dividends unlikely for many years

Bombardier expects 11,000 employees to return-to-work over next few weeks

STS Aviation Services gains AS9110C accreditation in the U.K.

GA Telesis MRO Services Group receives Chinese CAAC landing gear certification

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