IBA predicts African airline capacity to exceed 2019 levels by 10% this year

In an update on the African aviation market, IBA a leading aviation market intelligence and consultancy company, predicts that despite significant headwinds, the African market will continue to see some growth with airline capacity thought to trend at 110% of 2019 available seat kilometres (ASKs) by Q3 2023. Capacity recovery within Africa reached 103% of […]

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Testing of the VSR700 for the first time in an operational configuration from a ship at sea

Airbus Helicopters tests VSR700 for first time in operational configuration at sea

Aircraft & Engines

Airbus Helicopters and the French Armament General Directorate (DGA) have tested the unmanned aerial system (UAS) VSR700 for the first time in an operational configuration from a ship at sea. At the beginning of May, the VSR700 performed 80 fully autonomous take-offs and landings from a civil vessel equipped with a helicopter deck, cruising off

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elfc has completed the acquisition of 100% of INAF

elfc completes 100% acquisition of INAV LLC

Financial

Shannon, Ireland based engine lessor, elfc, has completed the purchase of the remaining shares of INAV LLC., the Chicago-based engine parts and components company.“We are delighted to complete the final stage of this key acquisition” said Tom Barrett, President & CEO of elfc. “Since our initial investment in 2017, we have worked closely with INAV

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Wind tunnel testing of Eve's eVTOL vehicle

Eve Air Mobility completes wind tunnel testing of eVTOL vehicle

Aircraft & Engines

Eve Air Mobility (Eve) has released that it has completed wind tunnel testing of its electric vertical take-off and landing (eVTOL) vehicle. The testing, which was conducted at a wind tunnel near Lucerne, Switzerland, utilised a scale model of Eve’s eVTOL which is projected to enter service in 2026. Wind tunnel testing is an important

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Norwegian limits winter losses and eyes very strong summer ahead

Financial

Having exited bankruptcy protection in May 2021, the newly restructured Scandinavian low-cost carrier Norwegian Air Shuttle ASA (Norwegian) abandoned its long-haul operations and focused primarily on high-frequency domestic flights, as well as business flights to London and holiday destinations such as the Mediterranean. The carrier has just released its financial results for the first quarter

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Image of the flight simulator from FlightSafety

Lilium and FlightSafety International sign flight simulator and training agreement

Other News

Lilium, developer of the all-electric vertical take-off and landing (eVTOL) jet, has agreed to partner with premier professional aviation training company, FlightSafety International (FSI). The agreement establishes FlightSafety as the exclusive developer and provider for flight training devices for the Lilium Jet. This will include industry-leading, immersive, and mixed-reality simulators for training, as well as an early flight simulator representative

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Rolls-Royce and Philippine Airlines have signed a TotalCare agreement for Trent XWB-97 engines

Rolls-Royce and Philippine Airlines sign TotalCare agreement for Trent XWB-97 engines

MRO & Production

Rolls-Royce has signed a TotalCare service agreement with Philippine Airlines for Rolls-Royce Trent XWB-97 engines that will power nine Airbus A350-1000 aircraft. The agreement will provide the airline with predictability as well as a known cost for the services and maintenance of the new fleet. TotalCare is designed to provide operational certainty for customers by

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P&WC to invest US$10 million in technology upgrades at Wichita Falls facility

MRO & Production

Pratt & Whitney Canada (P&WC), a business unit of Pratt & Whitney, has announced a US$10 million investment to expand the capabilities of its Wichita Falls, Texas, engine component repair facility, which is expected to create 30 new jobs. As part of the investment, the company will modify its existing coatings line using an innovative application process. “The Wichita Falls component repair

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Nina Öwerdieck has been confirmed as Brussels Airlines' CFO for another five years

Nina Öwerdieck confirmed as CFO of Brussels Airlines for another five years

People

The SN Airholding Board of Brussels Airlines has extended Nina Öwerdieck’s mandate as the airline’s Chief Financial Officer for five years. Öwerdieck has been part of the Brussels Airlines’ Management Board since 2020. She has, among others, guided the company through the corona pandemic and secured an early reimbursement of the government loan. Öwerdieck holds

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Travelport and Air Canada have signed a new content distribution agreement

Air Canada reports revenues of CA$4.887 billion for first-quarter 2023

Financial

Air Canada has reported first-quarter 2023 operating revenues of CA$4.887 billion, an increase of CA$2.314 billion from the same quarter in 2022, primarily from higher passenger revenues due to increased travel demand. Compared to the first quarter of 2019, operating revenues increased about 10%. Operated capacity increased about 53% from the first quarter of 2022 (about 84% of

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IBA predicts African airline capacity to exceed 2019 levels by 10% this year

Airbus Helicopters tests VSR700 for first time in operational configuration at sea

elfc completes 100% acquisition of INAV LLC

Eve Air Mobility completes wind tunnel testing of eVTOL vehicle

Norwegian limits winter losses and eyes very strong summer ahead

Lilium and FlightSafety International sign flight simulator and training agreement

Rolls-Royce and Philippine Airlines sign TotalCare agreement for Trent XWB-97 engines

P&WC to invest US$10 million in technology upgrades at Wichita Falls facility

Nina Öwerdieck confirmed as CFO of Brussels Airlines for another five years

Air Canada reports revenues of CA$4.887 billion for first-quarter 2023

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