Aeronexus, a leader in the wide-body VIP charter market, has acquired a controlling interest in the ten-year old aircraft management company, PRIVAJET of Malta, which will become an Aeronexus Group Company. PRIVAJET was specifically chosen to join the Aeronexus Group because of the synergy of its impeccable safety record, professional management and vast experience in […]
Aeronexus International acquires control of PRIVAJET Read More »
Delta Air Lines has reported financial results for the March quarter of 2020, posting a net loss of US$534 million. Total revenue of US$8.6 billion, was down 18% versus the prior year, with total unit revenue down 13%. Total expense decreased US$450 million driven by lower fuel usage, partially offset by higher revenue- and capacity-related
Delta Air Lines posts first-quarter net loss of US$534 million Read More »
On October of last year, the probe by European Union antitrust regulators into Boeing’s acquisition of the commercial aircraft arm of Brazilian Plane manufacturer Embraer came to a halt as it waited for the provision of additional documentation that had been requested. This so-called “stop the clock” intervention ended on April 7 this year after
Probe into Boeing-Embraer deal by EU antitrust regulators continues Read More »
Textron Aviation has delivered the first two Cessna Citation Latitute aircraft configured for flight inspection missions. The aircraft were delivered to Kanematsu Corporation and will be owned and operated by the Japan Air Self-Defense Force (JASDF) to ensure the integrity of instrument approaches and airway procedures that constitute the national airspace of Japan. A third
First two Cessna Citation Latitudes configured for flight inspection enter service Read More »
STS Aviation Services (STS) has completed its long-running program to implement FOMAX modifications to easyJet’s fleet of aircraft. Since the partnership with easyJet began, the company has delivered 39 aircraft with a TDR of 96% based on planned hours. While aircraft came in for specific tasks, STS Aviation Services was able to ensure that 75%
STS Aviation Services completes FOMAX modification program for easyJet Read More »
Delta Air Lines intends to commence a private offering to eligible purchasers of US$1.5 billion in aggregate principal amount of senior secured notes due 2025, subject to market and other conditions. The Company also announced it intends to enter into a new US$1.5 billion Term Loan B facility due 2023 concurrently with the closing of
Delta Air Lines announces proposed senior secured notes offering to bolster liquidity Read More »
Václav Havel Prague Airport remains open for all arrivals and departures. Thanks to this fact, a total of 44 special cargo flights with medical supplies have been able to land there since March 20, 2020, when the first aircraft with medical supplies on board landed in Prague. More than 1,200 tons of medical aid in
As of May 1, Ola Hansson, currently CEO and Managing Director Operations Lufthansa Aviation Training, will take over responsibility at Lufthansa Airlines’ Munich hub. He will be responsible for commercial management, station management, ground infrastructure and the operational processes in the cockpit, in the cabin and on the ground at the Munich hub. Ola Hansson
Ola Hansson to become new CEO Lufthansa Hub Munich Read More »
Lockheed Martin Corporation has reported first quarter 2020 net sales of US$15.7 billion, compared to US$14.3 billion in the first quarter of 2019. Net earnings in the first quarter of 2020 were US$1.7 billion, compared to US$1.7 billion in the first quarter of 2019. Cash from operations in the first quarter of 2020 was US$2.3
Lockheed Martin posts US$1.7 billion net earnings in first-quarter 2020 Read More »
On April 18, the Executive Board of Austrian Airlines presented its “Plan for a New Start” after the coronavirus-crisis to the Supervisory Board. The plan was outlined to the airline’s 7,000 employees within the context of a digital information event. In order to adjust capacity to the changed demand from COVID-19, Austrian Airlines has decided
Austrian Airlines presents plan for new start after coronavirus-crisis Read More »
