Airbus has unveiled its consolidated financial results for the first quarter ending March 31, 2024 (Q1 2024). The company reported robust performance across its commercial aircraft, helicopters, and defence and space divisions. Gross commercial aircraft orders reached 170 units in Q1 2024, up from 156 in Q1 2023, with no cancellations, maintaining the same number […]
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Condor, a German leisure airline, has received its inaugural Airbus A320neo on lease from Avolon following a ceremony in Toulouse. This milestone marks the airline’s ongoing fleet modernisation, which already features the A330neo for long-haul routes. By utilising aircraft from the A320 and A330neo families, Condor aims to maximise the benefits of commonality between these
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Robin Hayes, the former CEO of JetBlue Airways, has been selected to succeed C. Jeffrey Knittel as Chairman and Chief Executive Officer of Airbus Americas, effective June 3, 2024. Hayes, with a wealth of experience in global aerospace leadership, will take the helm after Knittel’s tenure as the region’s top executive since 2018. Hayes brings
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The UK Ministry of Defence has placed an order for an additional six Airbus H145 helicopters, marking the next phase in the modernisation of its rotary fleet and streamlining the variety of helicopter types in operation. The new aircraft will primarily serve emergency response duties in Cyprus and support military training in jungle warfare in
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Airbus has signed an agreement with Canada’s largest airline, Air Canada, for a significant cockpit and avionics system upgrade package for its A320-family in-service aircraft. The multi-year upgrade programme encompasses the enhanced electronic instrument system (EEIS2), head-up display (HUD), and various other avionics functions. It will be fitted on up to 76 aircraft. The HUD
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North America’s commercial aircraft services market is projected to experience substantial growth, reaching US$45 billion by 2042, a 45% increase from the current US$31 billion, as per Airbus’ latest Global Services Forecast (GSF). Following the pandemic, North America emerged as one of the earliest and strongest regions to recover. The demand for domestic and international
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Korean Air has solidified its commitment to the Airbus A350 family, marking a significant milestone as a new customer with the signing of a firm order for 33 aircraft. The order comprises 27 A350-1000s and six A350-900s. With its remarkable fuel efficiency and reduced carbon emissions, the A350 will revolutionise Korean Air’s intercontinental routes, offering
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Airbus Defence and Space has announced plans to acquire INFODAS, a leading Cologne-based German firm specialising in cybersecurity and IT solutions for the public sector, including defence and critical infrastructures. The agreement, subject to regulatory approvals, is anticipated to be finalised by the close of 2024. This strategic move aligns with Airbus’ commitment to fortify
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Airbus has launched the OpenCargoLab, a collaborative initiative with leading partners from the airline, logistics and handling sectors, focusing on the entire airfreight ecosystem. The collaboration involves a team of experts from CHAMP Cargosystems, Fraport, KLM Cargo, Kuehne+Nagel and Swissport. Together, the partners will work to drive digital, resource-saving concepts, contributing to more resilient and
Airbus establishes OpenCargoLab in collaboration with airfreight industry leaders Read More »
LCI and Airbus have joined forces to propel the development of advanced air mobility (AAM) ecosystems. Their collaboration is centered on strategic planning, commercialisation and financing in three pivotal AAM areas. Together, they will scrutinise market perspectives, conduct industry research and leverage data analytics to facilitate the creation of cutting-edge AAM solutions. In addition to
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