Heike Tamm

Spirit Airlines

Spirit Airlines reports third-quarter 2021 net income of US$14.8 million

Financial

Spirit Airlines (Spirit) has reported third-quarter 2021 financial results. The carrier ended the third quarter of 2021 with US$1.9 billion of unrestricted cash, cash equivalents, short-term investment securities and liquidity available under the company’s revolving credit facility. Spirit reported third-quarter revenues of US$922.6 million and posted a net income of US$14.8 million. The Company experienced […]

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Alaska Air Group to collaborate with ZeroAvia to develop hydrogen powertrain for 76-seat zero-emission aircraft

Aircraft & Engines

ZeroAvia is gaining altitude as a leader in zero-emission passenger aircraft as it announces a development collaboration with Alaska Air Group, the parent company of Alaska Airlines, for a hydrogen-electric powertrain capable of flying 76-seat regional aircraft in excess of 500 nautical miles. Alaska is also joining the list of top investors for the company, alongside a fellow Seattle-based Amazon Climate

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MENA Technics signs exclusive deal with Pulsar Aviation Services

MRO & Production

MENA Aerospace Enterprises’ subsidiary MENA Technics has announced a new partnership with US-based Pulsar Aviation Services, an Aviance Group company. MENA Technics now represents Pulsar Aviation Services exclusively in Bahrain, and non-exclusively in all other GCC markets. The deal adds three new business lines for MENA Technics: the ‘Airframe and Engine Management Programme’, the ‘APU

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Lufthansa Technik supports Smartwings’ Boeing 737 MAX 8 aircraft

MRO & Production

Lufthansa Technik and Czech airline Smartwings have signed a five-year comprehensive Total Component Support (TCS®) contract covering repair and overhaul of components for the airline’s fleet of up to 13 Boeing 737MAX 8 aircraft. Support for the new aircraft has already started. With the Total Component Support TCS® agreement, Smartwings benefits from an individual supply

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Boeing posts third-quarter net loss of US$132 million

Financial

The Boeing Company has reported third-quarter revenue of US$15.3 billion, driven by higher volumes of commercial airplanes and services. GAAP loss per share of (US$0.19) and core loss per share (non-GAAP) of (US$0.60) primarily reflects higher commercial volume. Boeing recorded operating cash flow of ($0.3) billion. The Company reported a net loss of (US$132) million. Commercial Airplanes

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Italian and French airports combine to create vertiport company

Other News, Top Stories

Italy’s Rome, Venice and Bologna airports have teamed up with France’s Aeroports de la Côte d’Azur in Nice to create Urban Blue, a company which will be dedicated to building and managing infrastructures for eVTOL (electric vertical take-off and landing) flying taxis in the four Italian and French cities according to REUTERS news agency. Atlantia’s

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Mammoth Freighters collaborate with MTU Maintenance for GE90-110/115B engine maintenance support

MRO & Production

MTU Maintenance and Mammoth Freighters have signed a cooperation and support agreement designating MTU Maintenance as the preferred partner for all engine maintenance needs for Mammoth Freighters’ B777 P2F conversion programme. This agreement covers scheduled and unscheduled GE90-110/115B engine maintenance, on and off-wing support, engine leasing, engine trend monitoring and engine ground support equipment needs

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FAA selects SITA’s FANS-1/A-based datalink solution to manage United States’ vast oceanic airspace

Other News

In August 2021, the Federal Aviation Administration (FAA) awarded the Oceanic Data Link (ODL) contract to SITA, a leading IT provider to the air transport industry, to provide its Future Air Navigation System (FANS-1/A)-based datalink solutions for the management of air traffic across the United States’ vast oceanic airspace. SITA’s proven solution will be vital in

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Avia Solutions Group acquires FBO and MRO base at London Biggin Hill Airport

MRO & Production

Avia Solutions Group, a leading global aerospace services group, has acquired Biggin Hill Hangar Company, the owner of Hangar 510, a premium Fixed Base Operations (FBO) and Maintenance Repair & Overhaul (MRO) centre of operations at London Biggin Hill Airport. Built in 2011 to the highest standards, Hangar 510 is a state-of-the-art unit located at

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