Qantas prepares to resume international flights from late October

Qantas and Jetstar are planning to restart regular international passenger flights to most destinations from October 31, 2021 – a four-month extension from the previous estimate of July, which had been in place since mid-2020. The date change aligns with the expected timeframe for Australia’s COVID-19 vaccine rollout to be effectively complete. Capacity will be […]

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Fly Leasing reports fourth quarter net loss of US$107.0 million

Financial

Fly Leasing (FLY) is reporting a net loss of US$107.0 million for the fourth quarter of 2020. This compares to net income of US$75.2 million for the same period in 2019. The decrease in net income is primarily due to flight equipment impairment of US$115.0 million. Net loss for the year ended December 31, 2020

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IAG Cargo launched its new cargo handling facility, New Premia at key international hub, London Heathrow

IAG Cargo reports strong financial results for 2020

Financial

IAG Cargo has reported its 2020 full-year results, reporting commercial revenues of €1,306 million over the period from January 1 to December 31, 2020, an increase of 18.5% on 2019 at constant currency.  Overall yields for the year were up 94.6% on the same time last year at constant currency. Sold tons were down 34.9%. IAG’s top priority was

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StandardAero signs multiple long-term agreements to perform component MRO services for Honeywell accessories and LRUs

Uncategorized

StandardAero signs multiple long-term agreements to perform component MRO services for Honeywell accessories and LRUs StandardAero Component Services has signed multiple, long-term distribution and license agreements with Honeywell Aerospace, authorizing the company to perform OEM-approved repairs on Honeywell hydromechanical units and fuel controls as well as a large portfolio of Honeywell pneumatic valves, actuators, regulators,

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Munich Airport working towards climate neutrality

Other News

ACI EUROPE, the association of the European airport industry, together with other leading European aviation associations have presented a strategy paper to the European Commission in Brussels, detailing the route by which all system partners – from airports and airlines through aerospace manufacturers all the way through to air traffic controllers – can work collectively

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West Star Aviation acquires additional hangar space at Chattanooga facility for enhanced Embraer program

MRO & Production

West Star Aviation has acquired additional hangar space at its Chattanooga, TN (CHA) facility. The additional space will accommodate the growth of the Embraer program while being able to accommodate additional customers with their maintenance and scheduling needs. The Chattanooga location is a one-stop shop for Embraer maintenance, as well as being the only OEM-authorized

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Lufthansa Technik appoints new Corporate Sales management team

People

Lufthansa Technik has reorganized its global Corporate Sales management team at the beginning of the year. Kai-Stefan Roepke has taken over responsibility for EMEA (Europe, Middle East and Africa) and Thomas Boettger for the Asia Pacific region. Frank Berweger remains Vice President Corporate Sales for the Americas. In December 2020, Roepke started his new job

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Delta Air Lines and LATAM receive final approval in Brazil for joint venture agreement

Airlines & Routes

Delta Air Lines and LATAM have received final approval, without conditions, of their commercial agreement (trans-American Joint Venture Agreement or JVA) by the Brazilian competition authority – the Administrative Council for Economic Defense (CADE) – after initial approval was granted in September 2020. The JVA seeks to enhance the route networks served by both airlines, delivering

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Chapman Freeborn appoints North Asia Cargo Director, to support growth strategy and increasing demand

People

Chapman Freeborn has appointed Allen Liu as Cargo Director, North Asia. With 15 years’ experience in aviation, Liu begun his career in 2006, gaining industry knowledge at several air cargo businesses before taking on a senior role as Cargo Manager China at Chapman Freeborn in 2013. After five years generating and developing business in the

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DHL Express and SmartLynx Malta partner to break new ground in cargo transportation

Aircraft & Engines

Express service provider DHL Express and SmartLynx Malta have signed a new partnership agreement for the introduction of two newly converted Airbus A321-200 freighters joining DHL’s European air fleet. The new technically advanced narrow-body fleet type is adding capacity to meet the increasing demand for express cargo transportation worldwide combined with further improving DHL’s unit

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Heike Tamm