Finnair becomes first non-Chinese airline to collaborate with Chinese JD.com

Finnair will start a collaboration with JD.com, also known as Jingdong, one of the leading e-commerce companies in China. Finnair will be the first non-Chinese airline to open a flagship store for online flight bookings on the JD Travel platform, in the beginning of 2018. The collaboration also includes promotions and loyalty member partnerships. As […]

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MTU Aero Engines presents nine-month results and raises earnings forecast

In the first nine months of 2017, MTU Aero Engines AG saw its revenues increase by 10% to €3,745.4m (1-9/2016: €3,401.3m). The group’s operating profit increased by 14% from €393.8m to €450.6m, improving the EBIT margin from 11.6% to 12.0%. Earnings after tax rose by 17% to €320.4m (1-9/2016: €273.4m). “Based on these results and

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Boeing reports third-quarter revenues of US$24.3bn

The Boeing Company has reported third-quarter revenue of US$24.3bn, with GAAP earnings per share of $3.06 and core earnings per share (non-GAAP) of US$2.72, reflecting strong deliveries, services and delivery mix, and overall solid execution. The company’s cash flow guidance is increased to US$12.5bn from US$12.25bn, driven by improved performance. Full year EPS guidance is

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American Airlines and TSA launch automated screening lanes at MIA

American Airlines, in coordination with the Transportation Security Administration (TSA) and Miami-Dade Aviation Department, has launched two automated security screening lanes in Terminal D at Miami International Airport (MIA). These new automated screening lanes, funded by American, incorporate technology and screening station modifications that enhance security effectiveness while decreasing the time travelers spend in security

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Václav Havel Airport Prague to be connected with 112 destinations in 2017/2018 winter season

On Sunday, 29 October 2017, the winter schedule comes into effect at Václav Havel Airport Prague. 61 airlines plan to operate at Václav Havel Airport Prague during the winter season, with 56 air carriers servicing passenger routes. The new schedule features regular connections to 112 destinations, which is eight more than during the same period

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Lufthansa Group strengthens financial base with best-ever nine-month result

The Lufthansa Group increased its total revenues for the first nine months of the year by 12.1% to €26,761m (prior-year period: €23,870m). Traffic revenues rose 14.4% to EUR €21,360m (prior-year period: €18,674m). The key performance indicator of Adjusted EBIT increased by €883m to €2,560 (prior-year period: €1,677m). As a result, the Lufthansa Group’s result for

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Monarch Aircraft Engineering wins China Airlines line maintenance contract

Monarch Aircraft Engineering (MAEL) has signed a line maintenance agreement with China Airlines. The flag carrier is a new customer for MAEL who will carry out line maintenance work when China Airlines begin their London Gatwick service in December 2017. With four flights a week in the winter followed by five flights or more next

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CTT Systems receives two Zonal Drying™ orders of total eight Boeing Next-Generation 737-800s

CTT Systems, a market leader in aircraft humidity control systems, has received two Zonal Drying™ Buyer Furnished Equipment orders, for a total of eight Boeing Next-Generation 737-800 aircraft. The eight Zonal Drying™ systems will be line fitted by Boeing from December 2017 to December 2018. The Zonal Drying™ system removes trapped water in blankets, keeps

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