China Eastern Airlines has signed an order for 25 GEnx-1B engines to power its Boeing 787 fleet at the 6th China International Import Expo. The order also includes a long-term TrueChoice services agreement. China Eastern Airlines has been a GEnx customer since 2018 when it first purchased 15 GEnx-powered Boeing 787 aircraft, plus the TrueChoice services […]
China Eastern Airlines orders 25 GEnx engines Read More »
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has announced on the side-lines of Airline Economics’ Growth Frontiers 2023 Singapore conference, the signing of lease agreements for a fleet of three new Boeing 737 MAX 8 and three Airbus A320neo aircraft with its existing Chinese airline customer, Hainan
CDB Aviation leases fleet of six Boeing and Airbus aircraft to Hainan Airlines Read More »
Eve Air Mobility (Eve) has named three new suppliers for its electric vertical take-off and landing (eVTOL) aircraft. Garmin®, will supply the avionics for the aircraft while Liebherr-Aerospace will supply the flight controls actuators. Intergalactic will provide the thermal management system. “We are looking forward to working with each of our suppliers as we progress with
Eve names three new suppliers for eVTOL aircraft Read More »
SAS has successfully secured a substantial investment agreement, totalling 13.2 billion Swedish crowns (US$1.21 billion), through a consortium that includes Air France-KLM, Lind Invest ApS, and the Danish state. This agreement marks a significant milestone in SAS’s restructuring efforts, with Castlelake providing a loan to replace the previous debtor-in-possession financing from Apollo Global Management. Notably,
Scandinavian Airline SAS secures US$1.21 billion investment from consortium Read More »
Southwest Airlines (Southwest) has announced an off-take agreement with USA BioEnergy, LLC (USA BioEnergy), for up to 680 million gallons of neat sustainable aviation fuel (SAF). Over the term of the 20-year agreement, once blended with conventional jet fuel, the SAF could produce the equivalent of 2.59 billion gallons of net-zero fuel and avoid 30 million
Southwest to purchase up to 680 million gallons of SAF from USA BioEnergy Read More »
RECARO Aircraft Seating (RECARO) has celebrated a decade of success at its facility in Qingdao, China. The milestone was marked with an event on October 26, 2023, with distinguished guests including customers, VIPs, suppliers and the RECARO leadership team in attendance. “Reaching the ten-year milestone is an exciting accomplishment, not just for the Asia Pacific
RECARO celebrates tenyears in Qingdao; completes facility expansion Read More »
Digital records and asset management solution provider flydocs, has announced a five-year extended software deal with Cebu Pacific Air (CEB), the Philippines’ leading carrier, to digitise and automate processes of daily records and asset management of its fleet of over 80 aircraft. The renewed partnership will benefit Cebu Pacific Air with a seamless interface through
flydocs signs five-year partnership renewal with Cebu Pacific Air Read More »
GKN Aerospace and GE have deepened their long-term partnership on a series of industry-leading engines including the GEnx programme, the fastest-selling high-thrust engine. The new agreement focuses on three key areas: new technology insertion, fan case production and assembly and repair of high volume, complex engines structures. The ground-breaking technology insertion programmes on the GEnx
GKN Aerospace and GE strengthen existing partnership with wide-ranging new agreement Read More »
Ryanair has reported that in the first half of FY2024 scheduled revenues increased 37% to €6.1 billion, traffic grew 11% to 105.4 million, while average fares rose 24% to €58 due to a strong Easter and record summer 2023 demand. Ancillary revenue increased 14% to €2.5 billion (€23.70 per passenger). In the total first-half of FY24 revenue
Ryanair posts profit of €2.18 billion in first half of FY 2024 Read More »
Bombardier has reported revenues of US$1.9 billion in the third quarter 2023, a 28% year-over-year increase, fuelled primarily by strong aircraft sales and aftermarket growth. The company delivered 31 aircraft in the third quarter 2023, up six aircraft compared to the same quarter last year, bringing it to a total of 82 deliveries for the year.
Bombardier posts solid financial results for third quarter 2023 Read More »
