Heike Tamm

John S. Slattery will join Heart Aerospace's Board of Directors

Heart Aerospace welcomes John S. Slattery as Non-Executive Chairman

Heart Aerospace, the Swedish electric airplane manufacturer, has appointed John S. Slattery as a non-executive chairman of its Board of Directors. Slattery, who currently serves as the Executive Vice President and Chief Commercial Officer at GE Aerospace, brings extensive industry expertise and a strong commitment to decarbonising air travel. In accepting the position, John expressed […]

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MTU Aero Engines raises earnings forecast for 2023

MTU Aero Engines (MTU), Germany’s leading engine manufacturer, is raising its earnings forecast for the current financial year in light of expectations regarding future business development. The company now expects an adjusted EBIT of more than €800 million. This represents a slight year-on-year increase in the adjusted EBIT margin, compared to the previous guidance of

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Boeing

Boeing forecasts US$8 trillion market for 42,595 new commercial jets by 2042

Boeing has released its 2023 Commercial Market Outlook (CMO), predicting a robust demand for commercial airplanes and services in the next 20 years. With international and domestic air travel rebounding to pre-pandemic levels, Boeing projects a global demand for 42,595 new commercial jets valued at US$8 trillion by 2042. This outlook, presented ahead of the

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US House panel votes to amend pilot retirement age to 67 to counter shortage

On Wednesday of this week Members of the US House Committee on Transportation voted 32-31 to raise the mandatory retirement age for pilots from 65 to 67 in proposed legislation to re-authorise Federal Aviation Administration programmes for five years. “It’s a modest increase but that gives us some time for long-term solutions to take shape,”

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The first flight simulator for the KC-390 Millennium multi-mission jet

Embraer inaugurates first flight simulator for the KC-390 Millennium

Embraer has inaugurated its first flight simulator (Full-Flight Simulator – FFS) for the KC-390 Millennium multi-mission jet at the Embraer Academy, located at the Eugênio de Mello unit in São José dos Campos. “The new KC-390 flight simulator will meet the demand of current and future customers for basic and advanced pilot training, thus contributing

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Flybondi

Flybondi receives government approval to access foreign currency

Flybondi has reported that it is now operating at 100% after receiving government approval to access foreign currency. Due to current restrictions that exist in Argentina to make payments abroad in foreign currency, Flybondi needs to file requests to access foreign currency through a system called SIRASE (System for Imports of the Argentine Republic and

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Airlink Embraer E190 aircraft © CDB Aviation

CDB Aviation sells one E190 aircraft to Airlink

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has executed a sale-and-purchase agreement for one Embraer E190 aircraft with South African airline Airlink. The aircraft, previously on lease to BA Cityflyer, was delivered to Airlink in May 2023, coinciding with the airline’s celebration of connecting Southern Africa for

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