Boeing posts third-quarter net loss of US$1.6 billion

The Boeing Company has recorded third-quarter revenue of US$18.1 billion and a net loss of US$1.6 billion. GAAP loss per share was (US$2.70) and core loss per share (non-GAAP) was (US$3.26). Third quarter results were impacted by unfavourable defence performance and lower 737 deliveries. Commercial Airplanes third quarter revenue increased to US$7.9 billion driven by higher 787 deliveries. Operating margin of (8.6%) […]

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Frankfurt becomes the first European airport to offer full-coverage biometric systems

Fraport to offer biometric touchpoints to all passengers

Information Technology

SITA and Fraport are enabling all airlines at Frankfurt Airport to jointly use face biometrics as identification from check-in to boarding the aircraft. Frankfurt is the first airport in Europe to offer biometric touchpoints to all airline passengers, enabling streamlined, frictionless passage throughout the airport. Using SITA’s Smart Path biometric solution, powered by NEC, your

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MTU Maintenance Zhuhai and MAB Engineering sign MoU for on-site services

MRO & Production

MTU Maintenance Zhuhai has signed a memorandum of understanding with MAB Engineering, a wholly owned subsidiary under the Malaysia Aviation Group (MAG), to support the setup of an engine on-site services facility in cooperation with the Malaysian service provider. Under the agreement, MTU Maintenance Zhuhai will provide its technical expertise and guidance to support the

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Southwest Airlines secures preliminary deal with Transport Workers Union Local 556

Other News

Southwest Airlines announced on Wednesday, October 25, that it has achieved a preliminary agreement with the Transport Workers Union Local 556, which represents nearly 19,000 flight attendants. This landmark agreement marks a significant milestone for the airline industry in the United States. The company stated that the union would be responsible for conveying the specifics

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Rendering of the new vessel, chartered by Airbus and operated by Louis Dreyfus Armateurs

Airbus to transform transatlantic subassembly transport with green fleet renewal

Other News

Airbus is set to revolutionise its chartered vessel fleet responsible for transatlantic ferrying of aircraft subassemblies between production facilities in Europe and the United States. The company’s ambitious plan includes replacing the current fleet with three state-of-the-art, low-emission, roll-on/roll-off vessels, featuring wind-assisted propulsion. Airbus has commissioned shipowner Louis Dreyfus Armateurs to build, own and operate

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Air Inuit partners with AEI for B737-800SF freighter conversions

MRO & Production

Air Inuit, a Canadian-based airline, is collaborating with Aeronautical Engineers (AEI) to enhance its fleet. Air Inuit has placed an order for three AEI B737-800SF freighter conversions, with two of these aircraft set to become pioneering B738 combi planes. The conversion journey begins with the first aircraft, MSN 40852, scheduled for modification in November of

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UMILES Next becomes Crisalion Mobility

Other News

As of October 25, Crisalion Mobility is the new name for UMILES Next, a Spanish leader in the design and development of advanced electric mobility solutions which are efficient, safe and sustainable. Crisalion Mobility has a pioneering dual commitment to electric ground and air mobility and develops innovative solutions for both passenger transport and freight

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LHT will overhaul National Airlines' engines powering the operators B747 fleet

LHT to overhaul CF6-80 engines for National Airlines

MRO & Production

National Airlines and Lufthansa Technik (LHT) have signed an agreement for the latter to overhaul a minimum of eleven CF6-80 engines over the next five years for the carrier’s Boeing 747 fleet. The agreement also includes additional services like Cyclean® engine wash, AOG support and consumables and expendables support for the Orlando-based cargo operator. Since

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Portuguese carrier TAP is being put up for sale by the government

TAP reports record profits of €180.5 million in Q3

Financial

Portugal’s flag carrier TAP Air Portugal (TAP) has posted a remarkable 62% surge in net profit for the third quarter, setting a new record at €180.5 million (US$192 million). This impressive financial performance was attributed to robust revenue growth and stringent cost controls, which significantly boosted operating margins, all while the company is gearing up

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City Airlines will start operations in the summer of 2024

City Airlines starts flight operations in summer of 2024

Airlines & Routes

Lufthansa Group’s newest member City Airlines, which was founded last year, will start flight operations in the summer of 2024. The airline was founded last year and received its Air Operator Certificate (AOC) from the German Federal Aviation Authority back in June. It will operate its flights from the Munich and Frankfurt hubs and thus

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Heike Tamm

Boeing posts third-quarter net loss of US$1.6 billion

Fraport to offer biometric touchpoints to all passengers

MTU Maintenance Zhuhai and MAB Engineering sign MoU for on-site services

Southwest Airlines secures preliminary deal with Transport Workers Union Local 556

Airbus to transform transatlantic subassembly transport with green fleet renewal

Air Inuit partners with AEI for B737-800SF freighter conversions

UMILES Next becomes Crisalion Mobility

LHT to overhaul CF6-80 engines for National Airlines

TAP reports record profits of €180.5 million in Q3

City Airlines starts flight operations in summer of 2024

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