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DAILY AVIATION NEWS ALERT

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January 5th, 2024
Phil Jasper

Phil Jasper named President of Raytheon

Raytheon Technologies Corporation (RTX) has officially announced the appointment of Phil Jasper as the new President of Raytheon. Jasper, a seasoned aerospace and defence professional with 31 years of experience, will report directly to Christopher T. Calio, the President and Chief Operating Officer of RTX. He will be taking over from Wesley D. Kremer, who is set to retire from …
Alaska Airlines is integrating the first Boeing 737-8 into its fleet

Alaska Airlines takes delivery of first Boeing 737-8

Alaska Airlines (Alaska) has taken delivery of the first Boeing 737-8 aircraft – the next component of its strategic, long-term fleet plan that builds on its strengths and provides a road map for ongoing future success. From 2024 through 2027, Alaska is on track to add 15-25 new Boeing aircraft each year. Currently the carrier has firm orders for 80 …
Cargo handling © AviAssist

Global cargo tonnages for full year 2023 ended up -5% lower than 2022

Global air cargo has yet to see any significant uplift from the recent disruptions to container shipping in the Red Sea, according to the latest figures from WorldACD Market Data, although there is likely to be some conversion of sea freight to air freight in the coming weeks if the disruptions continue. Preliminary figures for the final week of 2023 indicate …
Finnair Airbus A350

Finnair reports strong December 2023 passenger numbers

In December 2023 Finnair carried 878,200 passengers, which was 5.4% more than in December 2022 and 8.2% more than in November 2023. The overall capacity, measured in Available Seat Kilometres (ASK), increased in December by 7.8% year-on-year and by 8.5% month-on-month. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 5.1% year-on-year and by 8.4% month-on-month. The Passenger Load …

AAR and Ontic sign new multi-year military distribution agreement

AAR CORP. has signed a new multi-year agreement with Ontic, providing AAR distribution rights to supply a strategic selection of military products to the U.S. government, with exclusivity on specified parts. AAR currently provides military distribution support to Ontic’s Cheltenham, United Kingdom, facility and commercial distribution support to Ontic’s Creedmoor, North Carolina, facility. Under this additional contract, AAR will support …

Norwegian carries 1.3 million passengers in December

In December 2023, Norwegian carried more than 1.3 million passengers and recorded a strong load factor of 83.6%, six-percentage points higher than December 2022. Throughout 2023, Norwegian carried over 20 million passengers, a 16% increase from the previous year. The capacity (ASK) was 2,013 million seat kilometres, down five percent from the same period last year. Actual passenger traffic (RPK) …
RUAG Aerostructures

RUAG Aerostructures becomes part of Mubea Group

The Swiss aerospace group RUAG International has sold all shares in RUAG Aerostructures Germany & Hungary to the German Mubea Group at the end of December 2023. The final transfer of ownership (closing) marks another successful step in the implementation of RUAG International's privatisation strategy. Over many decades, RUAG Aerostructures Germany & Hungary has continuously expanded its position as technology leader …

Exclusive AviTrader interview with

MAAS Aviation CCO, Richard Marston

AerCap leased, purchased and sold 953 assets in the full year 2023 

Envoy adds 19 large regional jets to its fleet

Swiss-AS changes ownership of overseas offices

STS Aviation Group relocates 145 Component/Seat Repair operations to Manchester

Travelport completes new equity financing

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