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DAILY AVIATION NEWS ALERT

August 2nd, 2023
Image of eVTOL aircraft

Astronics confirms orders from ten eVTOL manufacturers

Headquartered in New York State, Astronics Corporation (Astronics) has announced that the company is in receipt of firm orders from ten eVTOL manufacturers who are developing electrical aircraft for emerging air mobility missions. Astronics is responsible for providing advanced technologies for global aerospace, defence, and other mission-critical industries. The ten orders also include Astronics’ contract to provide its enhanced CorePower® …
SAF production at the Haltermann Carless site in Speyer to start in 2026 with a volume of 60,000 tonnes per year

Lufthansa Group and HCS Group to collaborate on SAF production

The Lufthansa Group and HCS Group have signed a Letter of Intent (LoI) to join forces in producing and supplying Sustainable Aviation Fuel (SAF). Starting from the beginning of 2026, the HCS Group aims to provide the Lufthansa Group with SAF produced through the innovative Alcohol-to-Jet (AtJ) technology. The SAF will be derived from biogenic residues sourced from agriculture and …
Dubai Aerospace Enterprise (DAE)

DAE posts profit increase before tax of 13%

Dubai Aerospace Enterprise (DAE) and its subsidiaries have reported financial results for the six months ended June 30, 2023. Profit for the six months ended June 30, 2023 was US$141.1 million compared to a profit before exceptional items of US$140.1 million for the six months ended June 30, 2022. Operating profit increased by US$65.0 million to US$319.8 million compared to …
Kairat Asenei has joined Ontic as VP of Revenue Management

Ontic welcomes Kairat Asenei as VP of Revenue Management

Ontic, a licensor and manufacturer of complex engineered parts for the aerospace and defence industries, has announced the appointment of Kairat Asenei as its new VP of Revenue Management. With seven years of experience at McKinsey, Asenei brings valuable expertise in revenue management execution and business strategy design to the senior leadership team. In his new role, Kairat will be …
TrueNoord strengthens fleet with fourth Embraer E195-E2 delivery for Porter Airlines

TrueNoord strengthens fleet with fourth Embraer E195-E2 delivery

Specialist regional aircraft lessor, TrueNoord, has recently taken delivery of its fourth Embraer E195-E2 at São José dos Campos in Brazil. This next-generation jet is part of a fleet of six E2s that will be leased to Canadian operator, Porter Airlines, with the fifth and sixth aircraft scheduled for delivery later in 2023. Anne-Bart Tieleman, TrueNoord CEO, expressed delight in …
JetBlue has revised its 2023 outlook, anticipating potential losses in the current quarter

JetBlue Airways faces challenging 2023 outlook

JetBlue Airways (JetBlue), based in New York, has revised its 2023 outlook, anticipating potential losses in the current quarter due to a surge in travellers choosing international destinations and the conclusion of its partnership with American Airlines in the Northeast. The airline now projects adjusted earnings per share for the year ranging from 5 cents to 40 cents, a significant …

Nordica initiates turnaround process

IBA takes closer look at impact of Heathrow fuel supply issues on carbon emission

SITA and Envision Digital sign new partnership agreement

IBA strengthens aviation intelligence with acquisition of Fleetwatch

DHL Express to invest US$192 million in aircraft maintenance facility at CVG Airport

Canada Jetlines takes delivery of third Airbus A320

Johann Bordais becomes CEO of Eve Air Mobility

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