For the first quarter of 2023 (Q1 2023) Safran has reported narrow-body ASKs were at 100% (on average) of 2019. Q1 2023 revenue increased 29.4% to €5,266 million compared to Q1 2022. Growth was mainly fuelled by Propulsion and Aircraft Interiors activities. The change in scope was €15 million. Currency impact of €175 million reflects […]
Safran reports first-quarter revenue increase of 29.4% Read More »
The Netherlands Authority for Consumers and Markets (ACM) has thrown out legally filed complaints by airlines relating to Amsterdam Airport Schiphol’s (Schiphol Airport) adjusted charges that became effective on April 1, 2023. The complaints were based on such problems as long lines at security checkpoints in 2022, which were primarily as a result of staff
Dutch competition regulator clears Schiphol Airport charge hikes Read More »
Jackson Square Aviation (JSA) has arranged a purchase-and-leaseback financing of one Airbus A220-300 aircraft to airBaltic. “We are delighted to welcome airBaltic as our newest customer and are excited to play a part in financing the next phase of the airline’s growth as it moves from global A220-300 launch operator to this milestone 40th A220 delivery,”
JSA arranges purchase-and-leaseback financing of A220-300 to airBaltic Read More »
Norwegian has announced a landmark partnership with Norsk e-Fuel to build the first full-scale e-fuel plant in Mosjøen, Norway. The plant will produce sustainable aviation fuels (SAFs), marking an important milestone towards Norwegian’s target of 45% emissions reduction by 2030. To archive this goal Norwegian has signed a strategic partnership agreement with Norsk e-Fuel, with
Norwegian partners with Norsk e-Fuel to build first full scale e-fuel plant Read More »
The Canadian Minister of Transport, the Honorable Omar Alghabra, has announced that proposed amendments to the Canada Transportation Act have been introduced as part of Bill C-47, the Budget Implementation Act. These proposed amendments would strengthen Canada’s passenger rights regime, streamline the processes for administering air travel complaints before the Canadian Transportation Agency (Agency), and increase air carriers’ accountability.
Amendments to Canada Transportation Act will strengthen air passenger rights Read More »
Airbus Helicopters is introducing the first U.S.-built H125 military configurations helicopter, known as AH-125 and MH-125 Ares, to the Airbus range of military helicopters. These combat-capable aircraft will feature militarised options that meet the needs of military and para-public allies and partners around the world. The AH-125 Ares will be configured as the armed variant of the helicopter, while
Airbus Helicopters introduces first U.S.-built military version of H125 helicopter Read More »
Falko Regional Aircraft Limited (Falko), a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector, has closed a CA$388.2 million (£228.4 million) Term Loan financing in February 2023. The facility is secured by a portfolio of up to 41 aircraft owned by the Falko Regional Aircraft Opportunities Fund II.
Falko closes CA$388.2 million facility for Falko Regional Aircraft Opportunities Fund II Read More »
Satair, an Airbus Services company, and Singapore Airlines (SIA) have signed a long-term agreement for Satair’s Integrated Material Services (IMS) solution. Under this agreement, Satair will provide a wide range of expendable materials customised for SIA. This service will support SIA’s operations in terms of aircraft availability and cost-efficient material handling. IMS will handle end-to-end
Satair and Singapore Airlines sign long-term agreement for Satair’s IMS solution Read More »
Jose Mucio, Brazil’s Defence Minister has announced that Brazilian planemaker Embraer is to team up with Portugal’s aerospace company OGMA to manufacture aircraft in Portugal which will meet with NATO requirements, according to REUTERS news agency. Currently Embraer, which holds a 65% stake of OGMA’s capital manufactures a light attack plane, the Super Tucano. Last
Brazil’s Embraer and Portugal’s OGMA to build NATO-approved aircraft Read More »
Britten-Norman, manufacturers of the iconic Islander aircraft and Cranfield Aerospace Solutions (CAeS), pioneers in hydrogen-electric fuel cell propulsion technology, have signed a Heads of Terms agreement, signalling their intention to merge and to create the world’s first fully integrated, zero-emissions sub-regional aircraft for entry into service in 2026. The merger is due to complete in
Britten-Norman and Cranfield Aerospace Solutions to merge Read More »
