Qantas Group reports AU$1.25 billion underlying profit before tax in H1 FY24

The Qantas Group maintains its commitment to customer experience and fleet expansion, achieving a AU$1.25 billion underlying profit before tax in the first half of FY24. Earnings, although 13% lower than the corresponding period in FY23, reflect a normalisation in fares and capacity. The decline in earnings is attributed to lower fares impacting revenue per […]

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SIAEC will provide component support coverage for Air India Group’s current fleet of Airbus A320-family aircraft

SIAEC secures component programme with Air India

MRO & Production

Mainboard-listed SIA Engineering Company (SIAEC) has announced the signing of an inventory technical management (ITM) agreement with Air India Group. Under this 12-year agreement, SIAEC will provide extensive component support coverage for Air India Group’s current fleet of Airbus A320-family aircraft. Besides access to its inventory pool, SIAEC (together with its subsidiaries and joint venture

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Vietjet has signed an MoU with Airbus for 20 A330neos

Vietjet signs MoU for 20 Airbus A330-900 aircraft

Aircraft & Engines

Vietjet Air (Vietjet), the low-cost airline based in Hanoi, Vietnam, has signed a memorandum of understanding (MoU) with Airbus for the purchase of 20 A330-900 widebodies. When finalised, this will be Vietjet’s first-ever wide-body order. The aircraft will be operated on the carrier’s growing long range network, as well as on high-capacity regional services. They will replace the

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Rolls-Royce more than doubled profit in 2023

Financial

Rolls-Royce has announced a substantial increase in its annual profit for the previous year, surpassing expectations. The company anticipates a further surge in 2024, attributing it to increased flight activity of aircraft equipped with its engines, improvements in its power business and a continuous influx of defence orders. In 2023, the group’s underlying operating profit

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SkyWorks Holdings has announced transactions and activities performed during Q4 2024

Boeing 737 MAX programme Chief Ed Clark steps down

People

Boeing has taken decisive action to replace the head of its 737 MAX programme, Ed Clark, following a concerning cabin panel blowout that has heightened the company’s efforts to restore its reputation. Clark, who also served as the general manager of Boeing’s Renton, Washington plant, is stepping down immediately, as reported in an internal memo,

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ST Engineering AirX signs LOI for customisation of AirFish WIG craft from EMS

Aircraft & Engines

ST Engineering has announced that its joint venture, ST Engineering AirX, has signed a letter of intent (LOI) with Eurasia Mobility Solutions (EMS) for up to ten AirFish wing-in-ground (WIG) craft, with an option for an additional ten. The agreement entails the customisation and delivery of the ten-seater AirFish 8, starting from 2025, catering to

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Satair signs multi-year agreement with Telair at Singapore Airshow

MRO & Production

Satair, an Airbus Services company and Telair, a supplier of aerospace cargo loading solutions, have signed a multi-year agreement, extending their global exclusive distribution rights for commercial wide- and narrow-body aircraft and military applications. This distribution agreement strengthens Satair’s contribution towards efficient cargo transportation with the support of Telair’s experience and capabilities. Under the new

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Image of Airbus aircraft in STARLUX livery

Taiwanese carrier STARLUX orders A350Fs and A330neo aircraft

Aircraft & Engines

STARLUX Airlines of Taiwan has placed a firm order for five all-new A350F freighters and three more A330neo wide-body aircraft. The agreement was signed at the Singapore Airshow by KW Chang, Chairman of STARLUX Airlines and Christian Scherer, CEO of the Commercial Aircraft business at Airbus. STARLUX Airlines operates an all-Airbus passenger fleet that already

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AMETEK Singapore named Honeywell authorised repair centre

MRO & Production

AMETEK Singapore PTE has been named a Honeywell authorised repair centre (ARC) for solid-state flight data recorders and cockpit voice recorders for Airbus A320/A330/A340 and Boeing 737NG/737Max/777 aircraft. The five-year agreement covers full test and repair capability for these Honeywell products enabling AMETEK MRO to provide customer support worldwide. AMETEK MRO (Muirhead Avionics and AMETEK

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Qantas announces new board members

People

Qantas has announced two new board members, including a new Chairman, as part of its ongoing renewal. John Mullen will join the Qantas Board from July 1, 2024, as Non-Executive Director and Chairman Elect and will assume the role of Chairman ahead of the company’s annual general meeting (AGM) this October. Dr Nora Scheinkestel will

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Heike Tamm

Qantas Group reports AU$1.25 billion underlying profit before tax in H1 FY24

SIAEC secures component programme with Air India

Vietjet signs MoU for 20 Airbus A330-900 aircraft

Rolls-Royce more than doubled profit in 2023

Boeing 737 MAX programme Chief Ed Clark steps down

ST Engineering AirX signs LOI for customisation of AirFish WIG craft from EMS

Satair signs multi-year agreement with Telair at Singapore Airshow

Taiwanese carrier STARLUX orders A350Fs and A330neo aircraft

AMETEK Singapore named Honeywell authorised repair centre

Qantas announces new board members

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