CDB Aviation reports strong activity amid headwinds

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has reported that the year 2020 marked a period of robust business activity despite the toughest market the aircraft leasing industry has ever experienced. “The pandemic-battered environment has inflicted an array of unexpected and unparalleled challenges upon all stakeholders across […]

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Lufthansa Consulting increases power in internal and external consulting business

People

Effective April 1, 2021, Lufthansa Consulting intensifies the clout of its sales division: Christine Weigner, previously Associate Partner in the company, was appointed as Head of Market Lufthansa Group. Ronald Schulz joins Lufthansa Consulting and takes over the new position as Head of Market Global. Weigner manages the in-house consulting business of Lufthansa Consulting and

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FAA awards US$627.7 million in airport improvement grants

Uncategorized

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) will award more than US$627.7 million in infrastructure and safety projects through the FY2021 Airport Improvement Program (AIP). AIP projects promote safety, efficiency, environmental stewardship, infrastructure, and security at the nation’s airports. The grant announcement includes 449 grants to 390 airports in 39 states, Puerto Rico

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GA Telesis disassembles three ANA Boeing 777-200 airframes and APUs

MRO & Production

GA Telesis (GAT) has completed the disassembly of three All Nippon Airways’ (ANA) Boeing 777-200 airframes and associated APUs. Along with multiple others scheduled for 2021, these disassemblies compliment GAT’s already well-known position as a leading independent supplier of Boeing 777 used serviceable material (USM). GAT will strategically position the USM at its Asia Pacific

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MNG Airlines invests in next generation freighter A330P2F conversion by EFW

Aircraft & Engines, MRO & Production

MNG Airlines has entered into a contract with Elbe Flugzeugwerke GmbH (EFW), joint venture of ST Engineering and Airbus, for the Passenger-to-Freighter (P2F) conversion of two Airbus A330-300 aircraft. The first A330 aircraft has been inducted for conversion on April 1, while conversion for the second aircraft will commence in 2022. Conversions will be carried

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After four years Korean Air has finally completed the take-over of Asiana Airlines

Korean Air Lines to integrate with Asiana over two years and merge three low-cost carriers

Airlines & Routes, Top Stories

Having announced in November last year that it intended to become the major shareholder in Asiana Airlines Inc with a US$1.59 billion investment. Korean Air Lines (Korean Air) has revealed that it anticipates that two years after the purchase has been concluded the two rival airlines will be integrated. In addition, Korean Air intends to

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Southwest Airlines opts for CFM LEAP-1B engines to power 737 MAX 7 aircraft

Aircraft & Engines

Southwest Airlines has announced the purchase of advanced CFM International LEAP-1B engines to power 100 Boeing 737 MAX 7 aircraft. Southwest originally launched the LEAP-1B engine on the 737 MAX in 2011 with an order for 150 firm aircraft. The new airplanes are scheduled to begin delivery in 2022. CFM’s advanced LEAP engine continues to

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Corsair takes delivery of first A330neo on lease from Avolon

Aircraft & Engines

Corsair has taken delivery of its first A330-900 aircraft, on lease from Avolon, to join the French airline’s fleet. By selecting a total of five A330neos, Corsair is executing its strategy to become an all-A330 operator. Thanks to the A330neo’s latest technologies, Corsair will benefit from cost-effective and eco-efficient solutions. The aircraft features 352 seats

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U.S. Navy places order for more P-8A aircraft

Military & Defense

The U.S. Navy has awarded Boeing a US$1.6 billion production contract for the next 11 P-8A Poseidon aircraft. Nine aircraft will join the U.S. Navy fleet and two will go to the Royal Australian Air Force (RAAF), a cooperative partner in the P-8A joint program since 2009. The contract brings the total number of U.S.

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SWISS appoints Romain Vetter as head of Western Switzerland