In 2021, the Liebherr Group achieved a turnover of €11,639 million. Compared to the previous year, the company posted an overall increase of €1,298 million or 12.6 %. As a result, the Liebherr Group was almost able to match its previous record year in 2019 in terms of annual turnover. Liebherr recorded a significant increase
Bahrain Airport Services (BAS) has signed a contract with SITA to deploy SITA Airport Management, enabling BAS to manage its ground handler operations as cost effectively as possible and to ensure the services are delivered in a timely manner, avoiding flight delays. A key component of the technology upgrade is SITA Mobile Resource Manager which
Aviation leasing company AerCap has reported financial results for the fourth quarter of 2021 ended December 31. With the completion of the GECAS acquisition on November 1, 2021, AerCap has become an industry leader across multiple areas of aviation leasing including: commercial aircraft, engines and helicopters. AerCap executed 230 transactions in the fourth-quarter 2021, including
GA Telesis (GAT) has promoted Maylin Salgado to the role of Vice President of ESG and Global Quality Systems. In continuing its focus towards a better future and long-term sustainability, GA Telesis strategically emphasises its ESG initiatives with a simple view of making the world a better place for all its inhabitants. The company is
Israel Aerospace Industries (IAI) has completed the delivery of dozens of SATCOM (Satellite Communication) terminals with a conformal electronically-steered antenna for fighter aircraft. The SATCOM terminals are based on AESA (Active Electronic Scanned Array) technology and are installed on advanced 4.5 generation Western fighter jets. IAI’s beyond line-of-sight solution ensures seamless voice and data communications,
As a consequence of security workers at six German airports staging a one-day walk-out over pay, numerous airlines have been forced to cancel multiple flights to and from the affected locations. While Duesseldorf, Cologne/Bonn and Berlin were closed on Monday, an additional one-day strike is planned for other airports including Frankfurt and Hamburg on Tuesday.
Willis Lease Finance Corporation has reported annual total revenues of US$274.2 million a 5% decrease when compared to US$288.7 million in the prior year. Revenue for the three months ended December 31, 2021 was US$75.8 million, up 23.3% from the comparative period in 2020. Lease rent revenue was US$134.8 million in 2021, off 5.6% from
ST Engineering, the global technology, defence and engineering group, has signed a comprehensive component Maintenance-By-the-Hour (MBH™) contract to provide Vietnam’s largest private carrier, VietJet Air, with a full suite of component support solutions for its entire fleet covering component pooling, repair, overhaul, modification, main base kits, component health monitoring and logistics services. Globally recognised for
The SITA Board has announced the appointment of David Lavorel as the company’s new CEO. Under his leadership and vision, SITA will continue to lead a strategic change for the industry, helping its customers implement digitalised and smart solutions. Over the past 20 years at SITA, Lavorel has served in a range of senior roles,
HAECO Landing Gear Services has attained Airbus A320 landing gear overhaul capability from the Federal Aviation Administration (FAA), the European Union Aviation Safety Agency (EASA) and the Civil Aviation Administration of Thailand (CAAT). Christian Pinter, Director and General Manager of HAECO Landing Gear Services, said: “We are pleased to offer Airbus A320 capability starting this
