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328 Support Services to form new Leipzig based OEM – DRA

328 Support Services the type certificate holder of the Dornier 328 aircraft, has formed a new aircraft original equipment manufacturer, DRA GmbH, founded on the proud heritage of Dornier and Germany’s reputation for engineering design, quality and innovation. Representatives of 328SSG, a wholly owned subsidiary of Sierra Nevada Corporation and the German Federal & State

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Cathay Pacific

Cathay Pacific CEO and CCO to resign amidst Hong Kong turmoil

Cathay Pacific’s chief executive officer Rupert Hogg and chief commercial officer Paul Loo are to step down as the Hong Kong-based carrier struggles with fallout from nearly four months of political protests. Cathay said last week that protests affected its passenger numbers last month and were continuing to “adversely impact” future bookings. “Recent events have

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TUI © AirTeamImages

TUI earnings hit hard by 737 MAX grounding

European tourism group TUI has reported a 46% decline in underlying quarterly earnings which it predominantly puts down to the grounding of Boeing’s 737 MAX jet. 10% of the group’s fleet of planes (15 in number) are 737 MAXs, while a further eight of these planes are currently on order, but until the grounding order

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2020 will see Delta become largest U.S. carrier serving Tokyo Haneda Airport

Delta Air Lines (Delta) will move all its Tokyo-bound flights from Tokyo’s Narita Airport to the city’s closer and more convenient airport, Haneda, in March 2020. Subsequent to the move, the airline will become the largest U.S. carrier serving Japan’s capital city, with seven daily flights between Haneda and Seattle, Detroit, Atlanta, Honolulu, Minneapolis, Los

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Worldwide air freight still negative due to trade conflicts

The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 4.8% in June 2019, compared to the same period in 2018. This marks the eighth consecutive month of year-on-year decline in freight volumes.Signs of a modest recovery in recent months

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Rolls-Royce

Rolls-Royce reduces losses despite ongoing Trent 1000 problems

Rolls-Royce has managed to reduce the engine-maker’s half-year losses but is still struggling with ongoing woes concerning its troubled Trent 1000 engine. The Group reported statutory interim pre-tax losses of £791 million against £1.2 billion a year ago. On an underlying basis, half-year profits rose 16% to £94 million for the six months to June

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