LOT Boeing 737-8 MAX © LOT Polish Airlines

Joint venture XEOS boosts LHT’s capacity for LEAP services

Lufthansa Technik (LHT) has inducted its first LEAP engine at XEOS in Poland, marking a significant milestone in its growing partnership with LOT Polish Airlines. Poland’s largest airline recently awarded Lufthansa Technik an initial batch of maintenance, repair, and overhaul services for the latest-generation CFM International LEAP-1B engines powering its Boeing 737 MAX fleet. Appropriately, […]

Joint venture XEOS boosts LHT’s capacity for LEAP services Read More »

IFS breaks records in 2024 with €1.228 billion revenue

Financial

IFS, a prominent provider of enterprise cloud and industrial AI software, has reported its strongest-ever financial performance for the year ending December 31, 2024. Sustained organic global growth, driven by increasing demand for industrial AI, has propelled annual recurring revenue (ARR) to surpass €1 billion, with total revenue for the year reaching €1.228 billion. The

IFS breaks records in 2024 with €1.228 billion revenue Read More »

Broward Aviation Services has acquired a B737NG from AerCap © BAS

BAS acquires B737NG for disassembly

Aircraft & Engines

Broward Aviation Services (BAS), a specialised aircraft parts provider, has acquired a Boeing 737NG aircraft (MSN 32798) from AerCap. The dismantling of the aircraft, previously operated by South Korean carrier t’way Air, will take place at the AerCap Materials facility at Greenwood-Leflore County Airport in Mississippi and will be completed by mid-February. Approximately 800 desirable

BAS acquires B737NG for disassembly Read More »

On April 30, Lufthansa will start flights to Denver with an Airbus A380 aircraft © Lufthansa

Lufthansa starts A380 flights to Denver

Airlines & Routes

Lufthansa will be flying to Denver, Colorado, (U.S.A.) for the first time with the world’s largest passenger aircraft, the Airbus A380, making Denver the sixth destination for the aircraft. The first flight is scheduled for April 30, 2025. There will be a daily flight from Munich to Denver International Airport located at the foot of

Lufthansa starts A380 flights to Denver Read More »

Pratt & Whitney’s ETIC will be co-located at Collins Aerospace’s existing European innovation hub in Houten, the Netherlands © RTX

Pratt & Whitney to open ETIC in the Netherlands

Other News

Pratt & Whitney (P&W), a RTX company, has announced plans to establish a European Technology and Innovation Centre (ETIC) to advance energy-efficient and sustainable aviation technologies. The ETIC will be co-located with RTX’s Collins Aerospace European Innovation Hub in Houten, Netherlands, strengthening RTX’s collaborative efforts within the Dutch and wider European aerospace technology sectors. “Our

Pratt & Whitney to open ETIC in the Netherlands Read More »

Textron posts decreased revenues for fourth quarter 2024

Financial

Textron Aviation (Textron) reported revenues of US$1.3 billion for the fourth quarter of 2024, down US$242 million from the same period in 2023, driven by a US$282 million reduction in volume and mix due to strike-related production disruptions. Deliveries included 32 jets, down from 50 the previous year and 38 turboprops, down from 44. Segment

Textron posts decreased revenues for fourth quarter 2024 Read More »

Alaska Air Group reports strong 2024 financial results

Financial

Alaska Air Group has announced its financial results for the fourth quarter and full year ending December 31, 2024, which now include Hawaiian Airlines from September 18, 2024. The Group reported net income under Generally Accepted Accounting Principles (GAAP) of US$71 million, or US$0.55 per share, for the fourth quarter and US$395 million, or US$3.08

Alaska Air Group reports strong 2024 financial results Read More »

A LEAP-1B engine at ST Engineering's engine MRO facility in Singapore

ST Engineering signs five-year engine MRO deal with Korean Air

MRO & Production

ST Engineering’s Commercial Aerospace business has signed a five-year maintenance, repair and overhaul (MRO) contract with new customer Korean Air. The agreement covers the LEAP-1B engines that power the airline’s Boeing 737 MAX fleet. Under the terms of the contract, ST Engineering will deliver quick-turn services, including high-pressure turbine (HPT) work and performance restoration shop

ST Engineering signs five-year engine MRO deal with Korean Air Read More »

Gulfstream names new senior executives

People

Gulfstream Aerospace Corp. has announced the appointment of Derek Zimmerman as Senior Vice President of Enterprise Supply Chain, a newly created role. Effective immediately, Zimmerman will oversee procurement, inventory management, logistics, warehousing, repair and overhaul, distribution and spare parts. Zimmerman has been with Gulfstream since 2011, initially as vice president of product support materials. He

Gulfstream names new senior executives Read More »

easyJet reported weaker revenue expectations for Q2

EasyJet shares fall amid lower Q2 revenue expectations

Financial

EasyJet’s shares dropped to their lowest point since October as the airline reported weaker revenue expectations for Q2, despite narrowing its Q1 losses and maintaining its annual profit forecast, REUTERS news agency reported. The airline reduced its Q1 operating loss to £40 million for the three months ending December 31, 2024, compared to £117 million

EasyJet shares fall amid lower Q2 revenue expectations Read More »

Joint venture XEOS boosts LHT’s capacity for LEAP services

IFS breaks records in 2024 with €1.228 billion revenue

BAS acquires B737NG for disassembly

Lufthansa starts A380 flights to Denver

Pratt & Whitney to open ETIC in the Netherlands

Textron posts decreased revenues for fourth quarter 2024

Alaska Air Group reports strong 2024 financial results

ST Engineering signs five-year engine MRO deal with Korean Air

Gulfstream names new senior executives

EasyJet shares fall amid lower Q2 revenue expectations

Stay Connected

Subscribe