ATR 600 turboprop of Falco's aircraft portfolio

Chorus Aviation posts first-quarter net income of CA$32.0 million

Chorus Aviation has posted net income of CA$320 million for the first quarter of 2023, an increase of CA$9.1 million compared to the previous year. Chorus Aviation reported Adjusted EBITDA of CA$118.1 million, an increase of CA$34.8 million over the first quarter of 2022. The RAL segment’s Adjusted EBITDA was CA$61.6 million, a quarter-over-quarter increase […]

Chorus Aviation posts first-quarter net income of CA$32.0 million Read More »

Air France-KLM and Apollo in talks over €500million cash injection

Financial

Air France-KLM has confirmed it has been in discussions with Apollo Global Management (Apollo), the private equity firm, for a second capital injection of €500 million, this time for one of its engineering maintenance units. According to the European carrier, the money will be allocated for general corporate purposes and that no workforce-related changes would

Air France-KLM and Apollo in talks over €500million cash injection Read More »

WorldACD Market Data shows global tonnages in April down by 10% compared to 2022

Other News

Global tonnages appear to have stabilised in the last week of April, following a mid-month increase after dropping sharply at the end of March and declining for several previous weeks, according to the latest weekly figures from WorldACD Market Data, with rates also stabilizing and even slightly rising after a period of decline. However, following

WorldACD Market Data shows global tonnages in April down by 10% compared to 2022 Read More »

United Airlines will use SAF on departure flights at San Francisco International Airport

United adds SAF on flights at San Francisco Airport

Airlines & Routes

United Airlines (United) has announced that it will begin using a blend of sustainable aviation fuel (SAF) on departing flights from San Francisco International Airport and is planning to use a SAF blend later this year at London Heathrow Airport, which could put the airline on track to use approximately ten million gallons in 2023, nearly three-times

United adds SAF on flights at San Francisco Airport Read More »

Derek Kerr to retire from American Airlines on September 30

People

American Airlines Group (American) has released that Derek Kerr, American’s Vice Chair, President of American Eagle and Strategic Advisor, will retire from the airline on September 30. Kerr stepped down as CFO at the end of 2022 after 20 years in the role as part of a long-planned succession process. Devon May was named Kerr’s successor

Derek Kerr to retire from American Airlines on September 30 Read More »

India's first C295 tactical aircraft has completed its maiden fligh

India’s first C295 aircraft completes maiden flight

Military & Defense

The first C295 aircraft for India has successfully completed its maiden flight, marking a significant milestone towards its delivery by the second half of 2023. The tactical aircraft took off from Seville, Spain, on the May 5, and landed after three hours of flight. “This first flight represents a significant accomplishment for the first Make in

India’s first C295 aircraft completes maiden flight Read More »

Embraer - Finep to develop demonstration platforms for new aeronautical technologies

Embraer and Finep to develop demonstration platforms for new aeronautical technologies

Financial

Embraer and the Financiadora de Estudos e Projetos (Finep), which promotes Brazil’s economic and social development through public funding for Science, Technology and Innovation, have signed an agreement for the development of platforms to demonstrate new aeronautical technologies. The formalisation of the partnership focused on sharing the costs and risks inherent in research and development at

Embraer and Finep to develop demonstration platforms for new aeronautical technologies Read More »

EASA publishes first proposal on assessment and limitation of air taxi noise

Other News

The European Union Aviation Safety Agency (EASA) has published the first proposal world-wide for the assessment of the noise generated by air taxis, addressing one of the top societal concerns relating to this new mode of urban transport. The Environmental Protection Technical Specifications (EPTS) are applicable to electric Vertical Take-Off and Landing (eVTOL) aircraft powered by

EASA publishes first proposal on assessment and limitation of air taxi noise Read More »

Fraport’s improved Q1 results sees 2023 Group net profit forecast of €300 – €420 million

Financial

Fraport Group‘s revenue for Q1, 2023 has risen by 41.9% compared to Q1, 2022 thanks to ongoing traffic recovery. The Group revenue totalled €765.6 million with an operating (EBITDA) of €158.3 million, a year-on-year increase of around 100%. The Group result (net profit) rose to minus 32.6 million in the reporting period (from minus €118.2

Fraport’s improved Q1 results sees 2023 Group net profit forecast of €300 – €420 million Read More »

RECARO’s BL3710 economy-class seats enter into service on IndiGo’s A321neo

MRO & Production

RECARO’s BL3710 economy-class seats have entered into service on IndiGo’s A321neo aircraft. This seat programme marked the first time that IndiGo selected RECARO as a seating solution partner since the airline’s founding in 2006. Deliveries of the BL3710 will be installed on a fleet of 75 Airbus A321/A320neo aircraft. Each A321 can seat 232 passengers

RECARO’s BL3710 economy-class seats enter into service on IndiGo’s A321neo Read More »

Heike Tamm

Chorus Aviation posts first-quarter net income of CA$32.0 million

Air France-KLM and Apollo in talks over €500million cash injection

WorldACD Market Data shows global tonnages in April down by 10% compared to 2022

United adds SAF on flights at San Francisco Airport

Derek Kerr to retire from American Airlines on September 30

India’s first C295 aircraft completes maiden flight

Embraer and Finep to develop demonstration platforms for new aeronautical technologies

EASA publishes first proposal on assessment and limitation of air taxi noise

Fraport’s improved Q1 results sees 2023 Group net profit forecast of €300 – €420 million

RECARO’s BL3710 economy-class seats enter into service on IndiGo’s A321neo

Stay Connected

Subscribe