Lufthansa has released that Ulrik Svensson, Member of the Executive Board and Chief Financial Officer has informed the Chairman of the Supervisory Board of the company that he has to resign from his office for health reasons. Svensson has announced that he will resign from his office and terminate his Executive Board activities with effect […]
Lufthansa Chief Financial Officer Ulrik Svensson resigns Read More »
Raytheon Technologies successfully completed the all-stock merger of equals transaction between Raytheon Company and United Technologies Corporation on April 3, 2020, following the completion by United Technologies of its previously announced spin-offs of its Carrier and Otis businesses. Headquartered in Waltham, Mass., Raytheon Technologies is one of the largest aerospace and defense companies in the
United Technologies and Raytheon complete merger Read More »
Boeing has released that it is extending the temporary suspension of production operations at all Puget Sound area and Moses Lake sites until further notice. These actions are being taken in light of the company’s continuing focus on the health and safety of employees, current assessment of the spread of COVID-19 in Washington state, the
Boeing extends temporary suspension of Puget Sound production operations Read More »
Talks with Polish Airline LOT to take over Condor, part of the now defunct Thomas Cook Group, are looking to grind to a halt amidst the current drop in domestic and international travel owing to COVID-19 restrictions. Having previously rescued the struggling carrier with a €380 million (US$415 million) state bridging loan to allow the
Germany looks to bail out Condor on temporary basis by nationalizing carrier Read More »
IAG has decided to lower capacity further to an approximately 90% reduction in April and May compared to last year. As a result of the significant decline in flying, IAG subsidiary British Airways is making use of the U.K.’s COVID-19 Job Retention Scheme to help U.K.-based employees placed on furlough. It has reached an agreement
IAG further reduces capacity and accesses job retention and wage support schemes Read More »
Boeing is launching a compensation program in view of the economic impact of the COVID-19 pandemic. This was announced by Boeing CEO David Calhoun on Thursday, April 2, in a statement to the workforce. Employees should be encouraged to leave the company voluntarily by means of the severance package. This was to avoid the need
Boeing proposes layoffs on voluntary basis Read More »
Aviation Clean Air (ACA) is experiencing increased interest and an uptick in orders for its Ionization Purification System. The patented system is certified for aircraft installation by both the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA). The ACA product is a proactive system that immediately improves interior air quality, eliminates odors
Aviation Clean Air ramps up production Read More »
Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), has appointed Massimo Claudio Comparini as Deputy CEO and Senior Executive Vice President Observation, Exploration and Navigation Business Line at Thales Alenia Space as well as CEO of Thales Alenia Space Italia, with immediate effect. Comparini succeeds Donato Amoroso. Comparini, former CEO at
Thales Alenia Space appoints new member to its management Read More »
Emirates has received approvals to carry passengers on certain flights. Effective Monday April 6, initial flights will commence from Dubai to London Heathrow, Frankfurt, Paris, Brussels and Zurich, with four flights a week to London Heathrow, and three flights a week to the other cities. Operating from Dubai International airport Terminal 2 until further notice,
Emirates to fly passengers outbound from UAE starting April 6th Read More »
Colibri Aero, an international supplier of aircraft parts and interior solutions, together with J&C Aero, an international aircraft design and production organization, have developed universal Cargo Seat Bags for commercial and humanitarian cargo transportation inside Airbus A319/A320/A321 passenger cabins. The newly developed interior modification kit has already been approved by the European Aviation Safety Agency
