Heike Tamm

Air France-KLM cargo

IATA data show global air cargo rebounds strongly in 2023

Other News

The International Air Transport Association (IATA) has released data for global air freight markets showing that air cargo demand rebounded in 2023 with a particularly strong fourth-quarter performance despite economic uncertainties. Full-year demand reached a level just slightly below 2022 and 2019. Global full-year demand in 2023, measured in cargo tonne kilometres (CTKs), was down […]

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Boeing

Boeing reports fourth-quarter revenue of US$22.0 billion

Financial

Boeing announced fourth-quarter revenue totalling US$22.0 billion, with a GAAP loss per share of ($0.04) and a core loss per share (non-GAAP) of ($0.47). The company recorded an operating cash flow of US$3.4 billion and a free cash flow of US$3.0 billion (non-GAAP), showing improvement attributed to higher commercial volume and performance. Commercial Airplanes’ fourth-quarter

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Turboprop concept of ZEROe hydrogen-powered aircraft at the airport. © Airbus SAS

Airbus teams up for hydrogen infrastructure study in Norway and Sweden with Avinor, SAS, Swedavia, and Vattenfall

MRO & Production

Airbus, Avinor, SAS, Swedavia and Vattenfall have signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hydrogen infrastructure at airports in Sweden and Norway.  This cooperation will provide better understanding of hydrogen aircraft concepts and operations, supply, infrastructures and refueling needs at airports in order to help develop this hydrogen aviation ecosystem

Airbus teams up for hydrogen infrastructure study in Norway and Sweden with Avinor, SAS, Swedavia, and Vattenfall Read More »

Nexus Aviation Ventures has signed a lease agreement with BBN Airlines for one Airbus A321-200 aircraft © BBN Airlines

Nexus Aviation Ventures signs lease agreement with BBN Airlines

Aircraft & Engines

Nexus Aviation Ventures has signed a lease agreement with BBN Airlines based in Istanbul, Türkiye for one Airbus A321-200 passenger aircraft. MSN 2916 is currently located in Tucson, Arizona undergoing its pre-delivery checks for BBN. BBN is a Turkish airline focused on the ACMI markets. Strategically located in Istanbul, the airline currently operates a fleet

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SMBC Aviation Capital

CDPQ, SMBC Aviation Capital form US$1.5 billion aircraft financing platform

Aircraft & Engines

Global investment group CDPQ and SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, have officially completed an agreement to establish a US$1.5 billion global aircraft financing and leasing platform dedicated to modern, fuel-efficient NextGen aircraft. The platform will target worldwide opportunities in new-technology aircraft, with an initial deployment of US$500 million per

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Image of Lilium Jet in flight © Lilium

Lilium and AJW Group arrange strategic collaboration

MRO & Production

AJW Group and Lilium N.V, developer of the first all-electric vertical take-off and landing (eVTOL) jet, have signed an agreement to develop global material services and distribution to support the Lilium Jet’s global aircraft operations and Lilium’s aftermarket services business. The strategic collaboration between Lilium and AJW will include the management of Lilium’s eVTOL spares inventory, the

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