Condor, the German leisure airline, has entered a new expanded partnership with cargo.one to make its entire global network available on the digital procurement platform. The airline is now working closely with cargo.one to target thousands of freight forwarders across cargo.one’s vast footprint of markets. Condor will collaborate with cargo.one experts to bolster digital sales […]
Condor expands partnership with cargo.one Read More »
Qatar Airways Group has reported the strongest financial performance in its 27-year history, announcing record profits of QAR6.1 billion (US$1.7 billion) in its annual report for the 2023/24 financial year. The airline group reported net profits of QAR6.1 billion (US$1.7 billion) during the 2023/24 fiscal year, with a total revenue of QAR81 billion (US$22.2 billion).
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Deutsche Aircraft, the pioneering German original equipment manufacturer (OEM), has announced a revised entry into service (EIS) timeline for its 40-seater regional turboprop, the D328eco. The aircraft is now set for EIS in the fourth quarter (Q4) of 2027. The adjustments to the timeline align with regulatory changes that entail the detailed and comprehensive certification
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Boeing has agreed to plead guilty to a criminal fraud conspiracy charge to resolve an investigation linked to two 737 MAX fatal crashes, a U.S. Justice Department official said, according to Reuters. The plea, which must be approved by a federal judge, would brand the plane manufacturer a convicted felon and require it to pay
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SITA has reported record results for 2023, with revenues reaching almost US$1.5 billion. This represents a rise of 7% on the prior year, with all signs so far in 2024 indicating similar positive performance this year. Unveiling the results at SITA’s annual general assembly in June, SITA CEO David Lavorel also cited growth in margin
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TrustFlight, a technology innovator focused on safety and digitisation of the aviation industry, has released that Ohio-based CommuteAir, a modern regional airline and United Express partner supporting the global United Airlines network in the United States, Canada and Mexico, has selected TrustFlight’s Electronic Tech Log (ETL) and MEL Manager software to drive digital transformation, sustainability
CommuteAir selects TrustFlight for digital transformation Read More »
Southwest Airlines has adopted a ‘poison pill’ strategy to deter Elliott Investment Management from increasing its stake in the carrier, following the activist investor’s call for leadership changes after disappointing financial results, according to Reuters. The announcement comes days after Southwest CEO Bob Jordan stated he would not resign in response to pressure from Elliott,
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Avolon, a global aviation finance company, has issued an update for the second quarter (Q2) of 2024. During the second quarter, Avolon delivered 15 new aircraft and transitioned ten aircraft to a total of 16 customers. The company sold six aircraft and entered into letters of intent for the sale of a further 17 aircraft.
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Safran Helicopter Engines has signed a significant support-by-the-hour contract with Airbus Helicopters for the engines powering the German Bundeswehr’s new fleet of Airbus H145M helicopters. This Support-By-the-Hour (SBH®) contract covers in-service support and MRO for more than 124 Arriel 2E engines, from helicopter entry into service to 2030. This agreement adds to the existing SBH
Safran Helicopter Engines signs major SBH support contract for Arriel 2E engines Read More »
Cebu Pacific (CEB), the Philippines’ leading carrier, has signed a binding memorandum of understanding (MOU) with Airbus for the purchase of up to 152 A321neo aircraft for US$24 billion (PHP 1.4 trillion) based on list prices, marking the largest aircraft order in Philippine aviation history. CEB has selected Pratt & Whitney GTF™ engines to power
Cebu Pacific and Airbus sign historic MOU for up to 152 aircraft Read More »
