GAT Logistics Solutions Group adds ocean freight forwarding services

GAT Logistics Solutions Group (GAT LSG) has received approval from the Federal Marine Commission (FMC), Bureau of Certification and Licensing, to operate under the Ocean Transportation Intermediary license as an ocean freight forwarder and non-vessel-operating common carrier. This achievement further compliments the expansion of GAT Logistics Solutions Group, a worldwide provider of transportation, logistics, storage […]

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Lufthansa Cargo’s first A321 freighter takes off for commercial flights

Aircraft & Engines

Lufthansa Cargo’s first Airbus 321 freighter took off for service for the first time on March 15, 2022. Under flight number LH8350, the A321F took off from Frankfurt (FRA) to Dublin (DUB) before continuing to Manchester (MAN). The freighter, christened “Hello Europe,” was loaded with express freight and general cargo on its maiden flight. The

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Comlux launches Comlux Tech

MRO & Production

Comlux has launched a new cross-functional organisation within the Group, Comlux Tech. The entity will offer to its customers a wide range of “à la carte“ after-sales services complementing the core activities of the divisions of the Group – aviation, completion and transaction. The services proposed by Comlux Tech are deployed into four main activities:

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IAI reports full-year 2021 net income of US$148 million

Financial

Israel Aerospace Industries (IAI) has reported a 2021 growth in sales to US$4,477 million, compared to US$4,184 million in 2020. The company reported an 11% increase in net income to US$148 million compared to net income of US$133 million in 2020 and 10% growth in annual EBITDA to US$436 million compared to US$397 million in

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New airline Arajet signs order for 20 Boeing 737 MAX jets

Aircraft & Engines, Top Stories

Arajet, the new Caribbean airline, has ordered 20 737 MAX airplanes from Boeing, specifically the high-capacity 737-8-200 model, to deliver low operating costs and expand affordable travel options in the Americas. Arajet also has options to purchase 15 additional 737 MAX jets which, along with existing lease agreements, could take the airline’s new fuel-efficient fleet to

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DHL and Singapore Airlines ink new agreement to expand partnership

Aircraft & Engines

DHL Express has entered into a Crew and Maintenance agreement (CM) with Singapore Airlines (SIA) to deploy five Boeing 777 freighters. This agreement marks a further step in DHL Express’ expansion of its intercontinental air network to meet customer demand in fast-growing international express shipping markets. Travis Cobb, Executive Vice President Global Network Operations and

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JetBlue names John Swift Vice President, Technology

People

John Swift will join JetBlue as the airline’s new Vice President, Technology effective March 14, 2022. In this role, he will develop the technical strategy across engineering, QA, cloud and infrastructure. He will report directly to Carol Clements, JetBlue’s Chief Digital and Technology Officer. Swift comes to JetBlue with more than 25-years of experience in

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AES awarded EASA STC for Full Economy Layout on Boeing 737NG

MRO & Production

Aerospace Engineering Solutions (AES), a UK and Ireland aerospace design and certification organisation, has announced that the company has been awarded the Supplemental Type Certificate (STC) for the introduction of Full Economy Passenger Layout on Boeing 737NG aircraft types, by the European Union Aviation Safety Agency (EASA). AES has developed this generic EASA STC (No.

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German airports see hundreds of flights cancelled after strike action by security staff

Uncategorized

As a consequence of security workers at six German airports staging a one-day walk-out over pay, numerous airlines have been forced to cancel multiple flights to and from the affected locations. While Duesseldorf, Cologne/Bonn and Berlin were closed on Monday, an additional one-day strike is planned for other airports including Frankfurt and Hamburg on Tuesday.

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Willis Lease Finance posts annual pre-tax profit of US$9.1 million

Financial, Uncategorized

Willis Lease Finance Corporation has reported annual total revenues of US$274.2 million a 5% decrease when compared to US$288.7 million in the prior year. Revenue for the three months ended December 31, 2021 was US$75.8 million, up 23.3% from the comparative period in 2020. Lease rent revenue was US$134.8 million in 2021, off 5.6% from

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Heike Tamm