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DAILY AVIATION NEWS ALERT
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EU’s ReFuelEU Aviation proposal will see air travel decarbonised
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Negotiators for the EU have agreed to decarbonise the air travel sector through the stimulation of the region’s green aviation fuel market. The agreement, known as the ReFuelEU Aviation proposal will have to be approved by EU countries before it can become law, though this should be a formality. The new rules will require aviation fuel suppliers to supply a …
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Avolon orders 40 Boeing 737 MAX aircraft
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Avolon, the international aircraft leasing company, has announced a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030 and are valued at over US$4 billion at current list price. Avolon delivered the first 737 MAX in 2017, along with the one thousandth 737 MAX earlier this year. This commitment builds on …
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Boeing reports revenue of US$17.9 billion for first quarter reflecting 130 commercial deliveries
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Boeing has recorded first-quarter revenue of US$17.9 billion, GAAP loss per share of (US$0.69) and core loss per share (non-GAAP) of (US$1.27). The company reported operating cash flow of (US$0.3) billion and free cash flow of (US$0.8) billion (non-GAAP). Results improved on commercial volume and performance. The company reported a net loss of US$425 million compared to a net loss of US$1,242 million in the first quarter …
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Datalex and Air Transat extend partnership
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Datalex, a market leader in digital retail technology focused on the airline market, has renewed its successful partnership with Air Transat, the Canadian leisure airline which flies to some 60 international destinations in more than 25 countries in the Americas and Europe. The renewal extends Datalex and Air Transat’s existing partnership for another five years, to drive next generation retailing, …
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Matt Berkebile becomes President Farsound U.S.A.
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Farsound has named Matt Berkebile as its new President of Farsound U.S.A. He will be based at the company’s brand-new U.S. facility in San Antonio, Texas from the summer. Berkebile comes to Farsound with a wealth of engineering and leadership experience, having built up a career of more than 17 years in gas turbine, aviation and power generation engineering in …
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Zenith Aviation automates supply chain utilising Pentagon 2000SQL
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Zenith Aviation has expanded operations with integrated automated warehouse and supply chain management infrastructure. Software system Interfaces are provided by Pentagon 2000 Software for a Kardex-Remstar automated storage systems and AutoSourcing tools connected to online vendor data. According to Angela Shawaryn, President of Zenith Aviation, “our strong focus on customer service and quality has driven us to increase automation of …
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Spirit posts first quarter 2023 net loss of US$103.9 million
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For the first quarter 2023, Spirit Airlines (Spirit) reported a net loss of US$103.9 million. Excluding special items, adjusted net loss for the first quarter 2023 was US$89.4 million. Spirit reported a pre-tax loss of US$141.6 million and a pre-tax margin of negative 10.5%. Adjusted pre-tax loss for the first quarter was US$120.6 million and adjusted pre-tax margin was negative …
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Joby Aviation to deliver up to nine eVTOLs to USAF under Agility Prime contract
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Embraer delivers 15 jets in the first quarter
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Lufthansa Group and KIT convert Airbus A350-900 into flying research laboratory
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Boeing signs new agreement with Korean industry to expand joint research and development activities
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Asia-Pacific airline capacity reached 83% of 2019 ASKs in March 2023
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Patrik Svensson Gillstedt joins SITA
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GA Telesis delivers two A320 aircraft on lease to Air Albania
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Safran reports first-quarter revenue increase of 29.4%
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles.
Subscription free monthly magazine straight to your inbox, as a pdf attachment or link to hosted site.Edit this to insert text.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Interested in promoting your company with AviTrader?
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Vice President Sales & Business Development
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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