Lufthansa Technik is to perform extensive base maintenance services for Norway-based airline FLYR AS on Boeing 737 MAX 8 and 737-800 aircraft. Starting in January, Lufthansa Technik Budapest will perform scheduled base checks on the start-up airline’s fleet. “Lufthansa Technik has supported us with component service and been a reliable partner since the start in […]
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Ryanair has reported that third-quarter scheduled revenue increased almost 85% to €1.45 billion due to strong travel demand at higher fares (+14% over pre-COVID), especially during the October mid-term and the peak Christmas/New Year holiday season. Ancillary revenue delivered another solid performance, generating over €22.50 per passenger. Total third-quarter revenue rose 57% to €2.31 billion
European planemaker Airbus has announced that it is stepping up its quest for new talent and in the next year will be taking on approximately 13,000 new employees across the globe. Roughly 7,000 of these employees will be for newly created posts and will be responsible for supporting the industrial ramp-up as well as the
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IBA, a leading aviation market intelligence and consultancy company, has published its monthly Aviation Industry Barometer for December 2022, showing that global passenger capacity reached 82% of pre-pandemic levels. Data from IBA’s Insight platform reveals that the Asia Pacific region continues to lag behind global capacity, whereas most regions are now within 90-100% of pre-pandemic
Asia Pacific continues to lag behind global passenger capacity, IBA Insight show Read More »
Leonardo and Safran Helicopter Engines have joined forces to further enhance the capabilities and competitiveness of the next-generation AW09 single-engine helicopter. The production aircraft will feature the 1,000 shp class of power Arriel 2K engine, the newest generation of the Arriel family. The selection of the new engine guarantee the most efficient level of industrialisation,
Leonardo and Safran join forces for AW09 single-engine helicopter propulsion system Read More »
Alaska Air Group (Alaska) has posted financial results for the fourth quarter and full year ended December 31, 2022. Alaska reported net income for the fourth quarter and full year 2022 under Generally Accepted Accounting Principles (GAAP) of US$22 million and US$58 million respectively. These results compare to net income for the fourth quarter and
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Air France-KLM’s fleet renewal continues in an ongoing effort to improve the Group’s economic and environmental performance. In this context, the Group announced that the Air France-KLM Board of Directors has approved a firm order for four Airbus A350F full-freighter aircraft, to be operated by Martinair on behalf of KLM Cargo. These Airbus A350Fs will
Air Canada has appointed Jon Turner, currently Vice President Inflight Services, as Vice President Cargo effective February 18, 2023. An accomplished airline executive with expertise in global strategy, operations and customer service, Turner has held a wide range of progressively critical, senior leadership roles at Air Canada and other Canadian airlines. These have included Vice
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AAR CORP. a leading provider of aviation services to commercial and government operators, MROs, and OEMs, hosted Illinois Governor JB Pritzker, leaders from Rock Valley College and local officials and partners at its Rockford, Illinois, MRO facility on January 26. Governor Pritzker announced a US$2.6 million investment by the State of Illinois to support and
Copa Airlines, a subsidiary of Copa Holdings and a member of the global Star Alliance airline network, has announced the launch of its new service from its Hub of the Americas® in Panama City, Panama to Baltimore, Maryland, United States starting on June 28, 2023. With this new flight, Copa strengthens its leadership in the
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